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 | |
|---|---|---|---|---|---|---|
|
PEI
1451
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $7.35M | ﹤0.01% |
27,157
+2,432
| +10% | +$677K |
|
|
DYAX
1452
DELISTED
DYAX CORPORATION
DYAX
| $7.35M | ﹤0.01% |
818,654
+89,703
| +12% | +$816K |
|
|
EPL
1453
DELISTED
EPL OIL & GAS, INC COMMON STK
EPL
| $7.35M | ﹤0.01% |
190,335
+32,690
| +21% | +$999K |
|
1454
Empire State Realty Trust
ESRT
$817M
| $7.33M | ﹤0.01% |
484,957
+31,496
| +7% | +$469K |
|
|
HF
1455
DELISTED
HFF Inc.
HF
| $7.3M | ﹤0.01% |
217,136
+43,274
| +25% | +$1.31M |
|
1456
Flotek Industries
FTK
$1.35B
| $7.3M | ﹤0.01% |
43,667
+4,922
| +13% | +$692K |
|
|
MRH
1457
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $7.29M | ﹤0.01% |
245,046
+18,717
| +8% | +$530K |
|
|
OSG
1458
Octave Specialty Group
OSG
$210M
| $7.27M | ﹤0.01% |
234,401
+17,691
| +8% | +$489K |
|
|
ESGR
1459
DELISTED
Enstar Group
ESGR
| $7.27M | ﹤0.01% |
53,325
+5,351
| +11% | +$699K |
|
|
CYS
1460
DELISTED
CYS Investments Inc.
CYS
| $7.27M | ﹤0.01% |
879,779
+33,920
| +4% | +$281K |
|
1461
Pinnacle Financial Partners Inc
PNFP
$16.1B
| $7.26M | ﹤0.01% |
193,799
+20,969
| +12% | +$724K |
|
1462
Brink's
BCO
$4.69B
| $7.26M | ﹤0.01% |
254,326
+4,664
| +2% | +$147K |
|
|
ARIA
1463
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $7.24M | ﹤0.01% |
898,704
+36,024
| +4% | +$281K |
|
|
IGTE
1464
DELISTED
IGATE CORPORATION
IGTE
| $7.23M | ﹤0.01% |
229,274
+38,931
| +20% | +$1.34M |
|
1465
Itron
ITRI
$4.49B
| $7.23M | ﹤0.01% |
203,459
+6,097
| +3% | +$231K |
|
|
BOBE
1466
DELISTED
Bob Evans Farms, Inc.
BOBE
| $7.22M | ﹤0.01% |
144,346
+13,141
| +10% | +$651K |
|
1467
FerroAtlántica
GSM
$832M
| $7.22M | ﹤0.01% |
346,736
+8,947
| +3% | +$170K |
|
|
CJES
1468
DELISTED
C&J ENERGY SVCS LTD
CJES
| $7.2M | ﹤0.01% |
246,940
+18,337
| +8% | +$452K |
|
|
CMO
1469
DELISTED
Capstead Mortgage Corp.
CMO
| $7.19M | ﹤0.01% |
568,239
+32,214
| +6% | +$407K |
|
1470
XPO
XPO
$24.5B
| $7.19M | ﹤0.01% |
706,790
+271,664
| +62% | +$2.71M |
|
1471
Matsons
MATX
$6.41B
| $7.18M | ﹤0.01% |
290,815
-7,740
| -3% | -$191K |
|
|
IMGN
1472
DELISTED
Immunogen Inc
IMGN
| $7.17M | ﹤0.01% |
480,420
+57,322
| +14% | +$904K |
|
|
EDR
1473
DELISTED
Education Realty Trust Inc
EDR
| $7.17M | ﹤0.01% |
242,142
+21,536
| +10% | +$602K |
|
1474
Clearwater Paper
CLW
$356M
| $7.15M | ﹤0.01% |
114,057
+2,138
| +2% | +$127K |
|
|
PNK
1475
DELISTED
Pinnacle Entertainment Inc.
PNK
| $7.14M | ﹤0.01% |
301,433
+17,520
| +6% | +$411K |
|
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.