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 | |
|---|---|---|---|---|---|---|
|
CBB
1951
DELISTED
Cincinnati Bell Inc.
CBB
| $3.68M | ﹤0.01% |
212,744
+14,070
| +7% | +$248K |
|
1952
Acco Brands
ACCO
$407M
| $3.68M | ﹤0.01% |
597,026
+13,377
| +2% | +$82.1K |
|
|
TNGO
1953
DELISTED
Tangoe, Inc.
TNGO
| $3.67M | ﹤0.01% |
197,406
+24,105
| +14% | +$444K |
|
|
EPE
1954
DELISTED
EP Energy Corporation
EPE
| $3.67M | ﹤0.01% |
+187,440
| New | +$3.48M |
|
|
CKEC
1955
DELISTED
Carmike Cinemas Inc
CKEC
| $3.66M | ﹤0.01% |
122,494
-637
| -0.5% | -$18.4K |
|
|
STAY
1956
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $3.64M | ﹤0.01% |
159,962
+33,522
| +27% | +$838K |
|
|
AXAS
1957
DELISTED
Abraxas Petroleum Corp
AXAS
| $3.63M | ﹤0.01% |
45,882
+20,713
| +82% | +$1.39M |
|
1958
Gibraltar Industries
ROCK
$1.48B
| $3.63M | ﹤0.01% |
192,507
+14,190
| +8% | +$257K |
|
|
LNW
1959
DELISTED
Light & Wonder
LNW
| $3.63M | ﹤0.01% |
264,245
+9,733
| +4% | +$142K |
|
|
BBOX
1960
DELISTED
Black Box Corp
BBOX
| $3.62M | ﹤0.01% |
148,929
+8,605
| +6% | +$230K |
|
|
UNTD
1961
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $3.62M | ﹤0.01% |
313,456
+16,965
| +6% | +$199K |
|
|
LMNX
1962
DELISTED
Luminex Corp
LMNX
| $3.62M | ﹤0.01% |
199,740
-11,547
| -5% | -$216K |
|
|
ZU
1963
DELISTED
ZULILY INC CLASS A COMMON STOCK
ZU
| $3.62M | ﹤0.01% |
72,061
+2,080
| +3% | +$100K |
|
|
WPP
1964
DELISTED
WAUSAU PAPER CORP.
WPP
| $3.61M | ﹤0.01% |
283,935
+38,299
| +16% | +$502K |
|
1965
Materion
MTRN
$5.89B
| $3.61M | ﹤0.01% |
106,422
+8,044
| +8% | +$239K |
|
1966
Ethan Allen Interiors
ETD
$583M
| $3.6M | ﹤0.01% |
141,273
+12,969
| +10% | +$334K |
|
1967
Comtech Telecommunications
CMTL
$52.4M
| $3.58M | ﹤0.01% |
112,569
-50,003
| -31% | -$1.58M |
|
1968
Interparfums
IPAR
$3.8B
| $3.57M | ﹤0.01% |
98,714
+11,121
| +13% | +$374K |
|
1969
Sonida Senior Living
SNDA
$1.94B
| $3.57M | ﹤0.01% |
9,158
+943
| +11% | +$342K |
|
|
BRKL
1970
DELISTED
Brookline Bancorp
BRKL
| $3.56M | ﹤0.01% |
378,191
+1,877
| +0.5% | +$17.3K |
|
1971
American Public Education
APEI
$852M
| $3.56M | ﹤0.01% |
101,407
+13,049
| +15% | +$529K |
|
|
FRED
1972
DELISTED
Fred's Inc
FRED
| $3.54M | ﹤0.01% |
196,803
+9,801
| +5% | +$181K |
|
|
UCTT
1973
Ultra Clean Holdings
UCTT
$4.06B
| $3.54M | ﹤0.01% |
269,277
+132,422
| +97% | +$1.65M |
|
|
DFRG
1974
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $3.53M | ﹤0.01% |
126,447
+258
| +0.2% | +$6.36K |
|
1975
Ameris Bancorp
ABCB
$5.99B
| $3.52M | ﹤0.01% |
151,282
-30,978
| -17% | -$660K |
|
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.