Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$457M |
| 2 |
Liberty Global Class C
LBTYK
|
+$104M |
| 3 |
General Motors
GM
|
+$54.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$41.1M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Liberty Global Class A
LBTYA
|
+$98.9M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$94.7M |
| 3 |
IBM
IBM
|
+$47.8M |
| 4 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$25.5M |
| 5 |
Dover
DOV
|
+$22.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.15% |
| 2 | Technology | 13.79% |
| 3 | Healthcare | 13.36% |
| 4 | Industrials | 10.95% |
| 5 | Energy | 9.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CNVR
1226
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $10.2M | 0.01% |
361,362
+4,185
| +1% | +$100K |
|
|
IPXL
1227
DELISTED
Impax Laboratories, Inc.
IPXL
| $10.2M | 0.01% |
384,498
+39,221
| +11% | +$980K |
|
1228
Penske Automotive Group
PAG
$14.2B
| $10.1M | 0.01% |
237,337
+29,839
| +14% | +$1.3M |
|
|
CSG
1229
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $10.1M | 0.01% |
1,305,722
+118,212
| +10% | +$925K |
|
1230
Trustmark
TRMK
$2.78B
| $10.1M | 0.01% |
398,891
+9,727
| +2% | +$242K |
|
|
MDP
1231
DELISTED
Meredith Corporation
MDP
| $10.1M | 0.01% |
217,691
+41,220
| +23% | +$1.89M |
|
|
DWA
1232
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $10.1M | 0.01% |
380,572
+34,918
| +10% | +$1.1M |
|
|
MNDT
1233
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $10.1M | 0.01% |
163,776
+65,447
| +67% | +$4.64M |
|
|
ISBC
1234
DELISTED
Investors Bancorp, Inc.
ISBC
| $10.1M | 0.01% |
929,766
+64,977
| +8% | +$667K |
|
|
ADVS
1235
DELISTED
Advent Software Inc
ADVS
| $10M | 0.01% |
341,672
+22,809
| +7% | +$727K |
|
1236
MillerKnoll
MLKN
$1.62B
| $10M | 0.01% |
311,689
+23,086
| +8% | +$664K |
|
1237
Sun Communities
SUI
$14.5B
| $10M | 0.01% |
221,924
+22,504
| +11% | +$1.01M |
|
|
RFP
1238
DELISTED
Resolute Forest Products Inc.
RFP
| $9.99M | 0.01% |
497,214
+34,491
| +7% | +$661K |
|
|
AIRM
1239
DELISTED
Air Methods Corp
AIRM
| $9.97M | 0.01% |
186,691
+11,598
| +7% | +$619K |
|
1240
Pricesmart
PSMT
$5.33B
| $9.96M | 0.01% |
98,656
+5,661
| +6% | +$567K |
|
1241
Genesco
GCO
$409M
| $9.95M | 0.01% |
133,368
+17,838
| +15% | +$1.3M |
|
1242
Capitol Federal Financial
CFFN
$1.09B
| $9.93M | 0.01% |
791,264
+13,623
| +2% | +$166K |
|
1243
Hyster-Yale Materials Handling
HY
$619M
| $9.93M | 0.01% |
101,855
+1,861
| +2% | +$175K |
|
|
PTP
1244
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $9.88M | 0.01% |
164,484
-57,728
| -26% | -$3.37M |
|
1245
Enviri
NVRI
$566M
| $9.88M | 0.01% |
421,737
+34,385
| +9% | +$844K |
|
1246
Bloomin' Brands
BLMN
$952M
| $9.86M | 0.01% |
409,300
+75,271
| +23% | +$1.78M |
|
|
EQY
1247
DELISTED
Equity One
EQY
| $9.84M | 0.01% |
440,310
+57,239
| +15% | +$1.3M |
|
1248
Armstrong World Industries
AWI
$7.89B
| $9.83M | 0.01% |
184,658
+5,265
| +3% | +$300K |
|
1249
Avista
AVA
$3.22B
| $9.83M | 0.01% |
320,737
-810
| -0.3% | -$23.5K |
|
1250
Credit Acceptance
CACC
$5.94B
| $9.83M | 0.01% |
69,151
+912
| +1% | +$124K |
|
Similar funds
Geode Capital Management's Q1 2014 Portfolio in Review
As of Q1 2014, Geode Capital Management held 3,884 positions worth $149B, up 3.4% from $144B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q1 2014 filing shows 121 new, 2,970 increased, 445 reduced and 74 closed positions. Its largest new stake was Hilton Worldwide: 199,683 shares worth $13.3M. The largest sale was Liberty Global Class A, an estimated $98.9M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- Geode Capital Management's largest Q1 2014 buy was Hilton Worldwide: 199,683 shares worth $13.3M.
- Geode Capital Management added most to Verizon in Q1 2014, an estimated $457M increase.
- Geode Capital Management's biggest Q1 2014 reduction was Liberty Global Class A, cutting an estimated $98.9M.
- Geode Capital Management fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $94.7M.
- Geode Capital Management's ten largest holdings make up 15% of its $149B portfolio in Q1 2014.
- Geode Capital Management opened 121 new positions and closed 74 in Q1 2014.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $149B.
Based on Geode Capital Management's 13F filing for Q1 2014, filed 14 May 2014.