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 | |
|---|---|---|---|---|---|---|
|
ARGO
1351
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $8.51M | 0.01% |
258,034
-13,263
| -5% | -$430K |
|
1352
SouthState Bank Corp
SSB
$10.7B
| $8.51M | 0.01% |
135,892
+6,774
| +5% | +$420K |
|
1353
Mercury Insurance
MCY
$5.89B
| $8.51M | 0.01% |
188,667
+9,036
| +5% | +$413K |
|
1354
HNI Corp
HNI
$3.55B
| $8.49M | 0.01% |
232,341
+5,668
| +3% | +$202K |
|
1355
Nektar Therapeutics
NKTR
$2.57B
| $8.48M | 0.01% |
46,627
+8,185
| +21% | +$1.62M |
|
|
PMT
1356
PennyMac Mortgage Investment
PMT
$825M
| $8.47M | 0.01% |
354,427
+9,607
| +3% | +$227K |
|
1357
CACI
CACI
$14.9B
| $8.45M | 0.01% |
114,505
+404
| +0.4% | +$30.6K |
|
1358
Forward Air
FWRD
$652M
| $8.44M | 0.01% |
183,068
+9,768
| +6% | +$432K |
|
1359
B&G Foods
BGS
$290M
| $8.44M | 0.01% |
280,278
+20,168
| +8% | +$632K |
|
1360
ABM Industries
ABM
$2.83B
| $8.44M | 0.01% |
293,654
+23,937
| +9% | +$667K |
|
|
KERX
1361
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $8.4M | 0.01% |
493,041
+100,735
| +26% | +$1.52M |
|
1362
CDW
CDW
$17B
| $8.39M | 0.01% |
305,912
+68,704
| +29% | +$1.7M |
|
1363
Columbia Banking Systems
COLB
$9.06B
| $8.38M | 0.01% |
293,889
+17,713
| +6% | +$479K |
|
|
OUTR
1364
DELISTED
OUTERWALL INC
OUTR
| $8.37M | 0.01% |
115,487
-22,538
| -16% | -$1.54M |
|
|
HPY
1365
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $8.37M | 0.01% |
201,992
+16,399
| +9% | +$713K |
|
|
ACOR
1366
DELISTED
Acorda Therapeutics
ACOR
| $8.36M | 0.01% |
1,839
+121
| +7% | +$489K |
|
|
GES
1367
DELISTED
Guess Inc
GES
| $8.36M | 0.01% |
302,722
+18,926
| +7% | +$549K |
|
1368
Ligand Pharmaceuticals
LGND
$5.84B
| $8.35M | 0.01% |
199,069
+38,678
| +24% | +$1.61M |
|
1369
Prestige Consumer Healthcare
PBH
$2.5B
| $8.35M | 0.01% |
306,479
+46,932
| +18% | +$1.39M |
|
|
HDS
1370
DELISTED
HD Supply Holdings, Inc.
HDS
| $8.33M | 0.01% |
318,623
+15,440
| +5% | +$356K |
|
|
TYPE
1371
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $8.32M | 0.01% |
276,184
+18,421
| +7% | +$553K |
|
1372
SunCoke Energy
SXC
$784M
| $8.32M | 0.01% |
364,418
+26,460
| +8% | +$583K |
|
1373
Spire
SR
$4.83B
| $8.31M | 0.01% |
176,265
+16,353
| +10% | +$743K |
|
1374
Chemed
CHE
$7.07B
| $8.29M | 0.01% |
92,661
+1,660
| +2% | +$135K |
|
1375
WD-40
WDFC
$3.13B
| $8.26M | 0.01% |
106,527
+10,436
| +11% | +$760K |
|
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.