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 | |
|---|---|---|---|---|---|---|
|
FTD
1976
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.51M | ﹤0.01% |
110,280
-6,930
| -6% | -$220K |
|
|
SQI
1977
DELISTED
SCIQUEST, INC. COMMON STOCK
SQI
| $3.5M | ﹤0.01% |
129,762
+22,126
| +21% | +$627K |
|
1978
Extreme Networks
EXTR
$3.25B
| $3.49M | ﹤0.01% |
602,183
-364,073
| -38% | -$2.31M |
|
1979
Lakeland Financial Corp
LKFN
$1.56B
| $3.49M | ﹤0.01% |
130,187
-442
| -0.3% | -$11.2K |
|
1980
TTEC Holdings
TTEC
$78.4M
| $3.47M | ﹤0.01% |
141,523
-16,661
| -11% | -$385K |
|
|
OREX
1981
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $3.46M | ﹤0.01% |
53,294
+11,032
| +26% | +$746K |
|
|
AFFX
1982
DELISTED
Affymetrix Inc
AFFX
| $3.46M | ﹤0.01% |
485,591
+147,589
| +44% | +$1.19M |
|
|
RKUS
1983
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $3.46M | ﹤0.01% |
284,555
+27,898
| +11% | +$385K |
|
|
PGI
1984
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $3.44M | ﹤0.01% |
285,433
-4,605
| -2% | -$52.3K |
|
1985
Plug Power
PLUG
$3.26B
| $3.43M | ﹤0.01% |
483,104
+155,922
| +48% | +$721K |
|
|
FFG
1986
DELISTED
FBL Financial Group
FFG
| $3.43M | ﹤0.01% |
79,146
+3,039
| +4% | +$126K |
|
|
AMTG
1987
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $3.43M | ﹤0.01% |
211,274
+60,947
| +41% | +$993K |
|
|
UHT
1988
Universal Health Realty Income Trust
UHT
$577M
| $3.42M | ﹤0.01% |
81,001
+7,023
| +9% | +$295K |
|
|
RSTI
1989
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $3.41M | ﹤0.01% |
142,490
+2,715
| +2% | +$65K |
|
|
BBT
1990
Beacon Financial Corp
BBT
$2.71B
| $3.41M | ﹤0.01% |
131,698
+16,208
| +14% | +$414K |
|
|
RAS
1991
DELISTED
RAIT Financial Trust
RAS
| $3.41M | ﹤0.01% |
401,424
+58,078
| +17% | +$487K |
|
|
SZYM
1992
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
| $3.4M | ﹤0.01% |
293,191
+46,993
| +19% | +$553K |
|
1993
Vera Bradley
VRA
$94.7M
| $3.4M | ﹤0.01% |
125,876
+12,663
| +11% | +$324K |
|
|
COR
1994
DELISTED
Coresite Realty Corporation
COR
| $3.4M | ﹤0.01% |
109,600
+2,426
| +2% | +$75.8K |
|
|
CQB
1995
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $3.38M | ﹤0.01% |
271,915
-10,663
| -4% | -$120K |
|
1996
Exelixis
EXEL
$12.6B
| $3.38M | ﹤0.01% |
954,384
+93,153
| +11% | +$634K |
|
1997
Universal Electronics
UEIC
$72.7M
| $3.38M | ﹤0.01% |
88,013
+11,776
| +15% | +$453K |
|
1998
LivePerson
LPSN
$34.9M
| $3.38M | ﹤0.01% |
18,648
+1,979
| +12% | +$396K |
|
|
BNNY
1999
DELISTED
ANNIES INC COMMON STOCK (DE)
BNNY
| $3.36M | ﹤0.01% |
83,519
+10,692
| +15% | +$426K |
|
|
STNR
2000
DELISTED
STEINER LEISURE LTD
STNR
| $3.35M | ﹤0.01% |
72,519
+6,151
| +9% | +$293K |
|
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.