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 | |
|---|---|---|---|---|---|---|
|
NP
1876
DELISTED
Neenah, Inc. Common Stock
NP
| $4.07M | ﹤0.01% |
78,638
+121
| +0.2% | +$5.62K |
|
|
HERO
1877
DELISTED
HERCULES OFFSHORE INC COM STK
HERO
| $4.07M | ﹤0.01% |
886,250
-324,043
| -27% | -$1.63M |
|
|
AVX
1878
DELISTED
AVX Corporation
AVX
| $4.06M | ﹤0.01% |
307,956
+24,875
| +9% | +$325K |
|
1879
Liquidity Services
LQDT
$1.35B
| $4.06M | ﹤0.01% |
155,779
+37,139
| +31% | +$903K |
|
|
FRAN
1880
DELISTED
Francesca's Holdings Corporation
FRAN
| $4.06M | ﹤0.01% |
18,637
+468
| +3% | +$109K |
|
|
CHUY
1881
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.05M | ﹤0.01% |
93,848
+16,414
| +21% | +$637K |
|
|
DEL
1882
DELISTED
Deltic Timber
DEL
| $4.04M | ﹤0.01% |
61,948
+4,375
| +8% | +$281K |
|
|
SYKE
1883
DELISTED
SYKES Enterprises Inc
SYKE
| $4.02M | ﹤0.01% |
202,520
+13,060
| +7% | +$267K |
|
1884
Resources Connection
RGP
$144M
| $4.02M | ﹤0.01% |
285,260
+32,188
| +13% | +$454K |
|
|
KG
1885
Kestrel Group
KG
$66.3M
| $4.02M | ﹤0.01% |
16,095
+1,491
| +10% | +$344K |
|
|
ZLC
1886
DELISTED
ZALE CORPORATION
ZLC
| $4.01M | ﹤0.01% |
192,055
+43,289
| +29% | +$783K |
|
1887
First Bancorp
FBP
$4.46B
| $4.01M | ﹤0.01% |
737,614
-75,924
| -9% | -$402K |
|
|
MCF
1888
DELISTED
Contango Oil & Gas Co.
MCF
| $4M | ﹤0.01% |
83,887
-2,642
| -3% | -$121K |
|
|
ARI
1889
Apollo Commercial Real Estate
ARI
$885M
| $3.99M | ﹤0.01% |
239,846
-18,748
| -7% | -$312K |
|
|
FFIC
1890
DELISTED
Flushing Financial
FFIC
| $3.98M | ﹤0.01% |
189,150
+4,390
| +2% | +$89.9K |
|
1891
Teva Pharmaceuticals
TEVA
$42.8B
| $3.98M | ﹤0.01% |
75,391
+23,670
| +46% | +$1.09M |
|
|
SSI
1892
DELISTED
Stage Stores Inc
SSI
| $3.98M | ﹤0.01% |
162,934
+4,198
| +3% | +$89.1K |
|
|
CMLS
1893
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $3.98M | ﹤0.01% |
72,061
+4,475
| +7% | +$245K |
|
|
RSO
1894
DELISTED
Resource Capital Corp.
RSO
| $3.97M | ﹤0.01% |
178,149
+4,831
| +3% | +$114K |
|
1895
Tootsie Roll Industries
TR
$3.05B
| $3.96M | ﹤0.01% |
188,848
+12,530
| +7% | +$260K |
|
1896
Safety Insurance
SAFT
$1.52B
| $3.95M | ﹤0.01% |
73,302
+7,937
| +12% | +$436K |
|
|
TRNX
1897
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $3.94M | ﹤0.01% |
185,545
+60,214
| +48% | +$1.17M |
|
|
SDRL
1898
DELISTED
Seadrill Limited Common Stock
SDRL
| $3.92M | ﹤0.01% |
417
+28
| +7% | +$275K |
|
1899
Argan
AGX
$8.02B
| $3.92M | ﹤0.01% |
131,956
+7,737
| +6% | +$223K |
|
|
RDUS
1900
DELISTED
Radius Recycling
RDUS
| $3.92M | ﹤0.01% |
135,743
+4,446
| +3% | +$122K |
|
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.