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 | |
|---|---|---|---|---|---|---|
|
EXL
2026
DELISTED
EXCEL TRUST , INC COM STK
EXL
| $3.2M | ﹤0.01% |
252,222
+26,855
| +12% | +$321K |
|
2027
Alamo Group
ALG
$2.01B
| $3.19M | ﹤0.01% |
58,685
+5,647
| +11% | +$305K |
|
2028
Forestar Group
FOR
$1.5B
| $3.19M | ﹤0.01% |
179,079
+13,902
| +8% | +$271K |
|
|
PHIIK
2029
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $3.19M | ﹤0.01% |
71,999
+7,107
| +11% | +$288K |
|
|
GLBR
2030
DELISTED
Global Brokerage, Inc. Class A Common Stock
GLBR
| $3.16M | ﹤0.01% |
21,395
+2,886
| +16% | +$480K |
|
2031
MYR Group
MYRG
$5.19B
| $3.15M | ﹤0.01% |
124,455
+6,036
| +5% | +$147K |
|
|
MGI
2032
DELISTED
MoneyGram International, Inc. New
MGI
| $3.15M | ﹤0.01% |
178,518
+6,725
| +4% | +$126K |
|
2033
Washington Trust Bancorp
WASH
$760M
| $3.14M | ﹤0.01% |
83,911
+2,270
| +3% | +$80K |
|
|
RRTS
2034
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $3.14M | ﹤0.01% |
4,978
+105
| +2% | +$66.2K |
|
|
VVUS
2035
DELISTED
Vivus Inc
VVUS
| $3.14M | ﹤0.01% |
52,850
+1,566
| +3% | +$111K |
|
2036
Quad
QUAD
$512M
| $3.13M | ﹤0.01% |
133,557
+9,050
| +7% | +$216K |
|
|
TSRO
2037
DELISTED
TESARO, Inc.
TSRO
| $3.12M | ﹤0.01% |
105,773
+33,881
| +47% | +$1.07M |
|
2038
Park Aerospace
PKE
$824M
| $3.11M | ﹤0.01% |
104,261
+18,801
| +22% | +$539K |
|
|
SBY
2039
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $3.11M | ﹤0.01% |
200,329
+42,340
| +27% | +$675K |
|
|
AVG
2040
DELISTED
AVG Technologies N.V.
AVG
| $3.1M | ﹤0.01% |
148,213
-2,646
| -2% | -$48.5K |
|
|
TVTY
2041
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $3.1M | ﹤0.01% |
180,992
+7,027
| +4% | +$108K |
|
|
MITT
2042
TPG Mortgage Investment Trust
MITT
$214M
| $3.1M | ﹤0.01% |
58,986
+12,522
| +27% | +$644K |
|
|
MKTO
2043
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $3.1M | ﹤0.01% |
94,798
+6,711
| +8% | +$266K |
|
|
SASR
2044
DELISTED
Sandy Spring Bancorp Inc
SASR
| $3.09M | ﹤0.01% |
123,775
+13,143
| +12% | +$331K |
|
2045
Vanda Pharmaceuticals
VNDA
$312M
| $3.09M | ﹤0.01% |
189,929
+5,113
| +3% | +$72.7K |
|
2046
VirnetX Holding Corp
VHC
$69.4M
| $3.08M | ﹤0.01% |
10,863
+308
| +3% | +$107K |
|
2047
Chesapeake Utilities
CPK
$3.28B
| $3.08M | ﹤0.01% |
73,055
+7,856
| +12% | +$314K |
|
2048
Flexsteel Industries
FLXS
$302M
| $3.08M | ﹤0.01% |
81,760
+10,155
| +14% | +$338K |
|
2049
Cavco Industries
CVCO
$4.61B
| $3.07M | ﹤0.01% |
39,146
+3,499
| +10% | +$266K |
|
2050
Regis Corp
RGS
$69.8M
| $3.07M | ﹤0.01% |
11,207
+289
| +3% | +$79.2K |
|
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.