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 | |
|---|---|---|---|---|---|---|
|
ELLI
1901
DELISTED
Ellie Mae Inc
ELLI
| $3.91M | ﹤0.01% |
135,685
+9,292
| +7% | +$260K |
|
|
PBY
1902
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $3.91M | ﹤0.01% |
307,354
+24,944
| +9% | +$309K |
|
|
BRLI
1903
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
| $3.91M | ﹤0.01% |
141,180
+14,305
| +11% | +$374K |
|
1904
Century Aluminum
CENX
$4.77B
| $3.9M | ﹤0.01% |
295,587
+31,142
| +12% | +$362K |
|
|
PRO
1905
DELISTED
PROS Holdings
PRO
| $3.89M | ﹤0.01% |
123,485
+6,146
| +5% | +$223K |
|
|
SRCI
1906
DELISTED
SRC Energy Inc
SRCI
| $3.89M | ﹤0.01% |
361,959
+99,827
| +38% | +$958K |
|
1907
Orthofix Medical
OFIX
$424M
| $3.89M | ﹤0.01% |
129,007
-30,045
| -19% | -$693K |
|
1908
Comfort Systems
FIX
$61.2B
| $3.88M | ﹤0.01% |
254,535
+4,776
| +2% | +$81.5K |
|
|
NXTM
1909
DELISTED
NxStage Medical Inc.
NXTM
| $3.88M | ﹤0.01% |
304,339
+27,296
| +10% | +$356K |
|
|
BFS
1910
Saul Centers
BFS
$850M
| $3.87M | ﹤0.01% |
81,714
+9,077
| +12% | +$424K |
|
|
CALY
1911
Callaway Golf Company
CALY
$2.95B
| $3.86M | ﹤0.01% |
377,870
+4,984
| +1% | +$43.4K |
|
|
DMND
1912
DELISTED
DIAMOND FOODS, INC.
DMND
| $3.86M | ﹤0.01% |
110,496
+11,217
| +11% | +$318K |
|
|
PGTI
1913
DELISTED
PGT, Inc.
PGTI
| $3.86M | ﹤0.01% |
335,234
+27,352
| +9% | +$306K |
|
1914
Biglari Holdings Class B
BH
$1.23B
| $3.85M | ﹤0.01% |
12,769
+908
| +8% | +$261K |
|
1915
Azenta
AZTA
$1.47B
| $3.85M | ﹤0.01% |
352,434
+29,935
| +9% | +$315K |
|
|
QGENF
1916
DELISTED
QIAGEN NV
QGENF
| $3.85M | ﹤0.01% |
182,414
+24,601
| +16% | +$519K |
|
|
AREX
1917
DELISTED
Approach Resources Inc.
AREX
| $3.85M | ﹤0.01% |
183,949
+21,744
| +13% | +$445K |
|
1918
Sonic Automotive
SAH
$2.56B
| $3.85M | ﹤0.01% |
171,080
+4,095
| +2% | +$94.1K |
|
|
MANT
1919
DELISTED
Mantech International Corp
MANT
| $3.83M | ﹤0.01% |
130,365
+1,303
| +1% | +$38.3K |
|
|
BSFT
1920
DELISTED
BroadSoft, Inc.
BSFT
| $3.83M | ﹤0.01% |
143,253
+5,017
| +4% | +$145K |
|
1921
Stewart Information Services
STC
$2B
| $3.82M | ﹤0.01% |
108,712
+2,510
| +2% | +$86.2K |
|
|
ARII
1922
DELISTED
American Railcar Industries, Inc.
ARII
| $3.81M | ﹤0.01% |
54,454
+663
| +1% | +$38.2K |
|
1923
Standex International
SXI
$4B
| $3.81M | ﹤0.01% |
71,151
+1,435
| +2% | +$81.9K |
|
1924
Modine Manufacturing
MOD
$10.6B
| $3.8M | ﹤0.01% |
259,528
+25,152
| +11% | +$347K |
|
1925
AMN Healthcare
AMN
$1.26B
| $3.79M | ﹤0.01% |
276,246
-90,924
| -25% | -$1.31M |
|
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.