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 | |
|---|---|---|---|---|---|---|
2351
Mistras Group
MG
$556M
| $1.83M | ﹤0.01% |
80,602
+2,780
| +4% | +$64.2K |
|
|
RTEC
2352
DELISTED
Rudolph Technologies Inc
RTEC
| $1.83M | ﹤0.01% |
160,678
+7,501
| +5% | +$85.4K |
|
|
KWK
2353
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $1.83M | ﹤0.01% |
696,221
+22,047
| +3% | +$67.3K |
|
2354
NWPX Infrastructure Inc
NWPX
$1.1B
| $1.82M | ﹤0.01% |
50,489
+1,970
| +4% | +$70.3K |
|
|
FRP
2355
DELISTED
Fairpoint Communications, Inc.
FRP
| $1.82M | ﹤0.01% |
133,918
+4,336
| +3% | +$56.8K |
|
|
VOXX
2356
DELISTED
VOXX International Corporation Class A
VOXX
| $1.82M | ﹤0.01% |
132,976
+5,223
| +4% | +$71.3K |
|
|
MRLN
2357
DELISTED
Marlin Business Services Corp
MRLN
| $1.82M | ﹤0.01% |
87,280
+7,149
| +9% | +$174K |
|
|
TIS
2358
DELISTED
Orchids Paper Products, Inc.
TIS
| $1.81M | ﹤0.01% |
59,336
-5,506
| -8% | -$177K |
|
|
YDKN
2359
DELISTED
Yadkin Financial Corporation
YDKN
| $1.81M | ﹤0.01% |
84,468
+19,737
| +30% | +$381K |
|
2360
Walker & Dunlop
WD
$1.45B
| $1.8M | ﹤0.01% |
110,310
+25,639
| +30% | +$402K |
|
2361
Enterprise Financial Services Corp
EFSC
$2.41B
| $1.8M | ﹤0.01% |
89,653
+3,658
| +4% | +$69.9K |
|
|
CPE
2362
DELISTED
Callon Petroleum Company
CPE
| $1.8M | ﹤0.01% |
21,492
+625
| +3% | +$44.1K |
|
2363
Marcus Corp
MCS
$914M
| $1.79M | ﹤0.01% |
107,236
+17,308
| +19% | +$243K |
|
2364
Telecom Argentina
TEO
$5.81B
| $1.79M | ﹤0.01% |
93,759
+7,150
| +8% | +$118K |
|
2365
Kratos Defense & Security Solutions
KTOS
$12B
| $1.79M | ﹤0.01% |
236,950
+13,466
| +6% | +$104K |
|
2366
RE/MAX Holdings
RMAX
$263M
| $1.78M | ﹤0.01% |
61,912
+1,316
| +2% | +$40.1K |
|
|
DLLR
2367
DELISTED
DFC GLOBAL CORP COM STK (DE)
DLLR
| $1.78M | ﹤0.01% |
202,024
+5,954
| +3% | +$53K |
|
2368
FormFactor
FORM
$10.1B
| $1.78M | ﹤0.01% |
278,770
+3,888
| +1% | +$25.9K |
|
|
USCR
2369
DELISTED
U S Concrete, Inc.
USCR
| $1.78M | ﹤0.01% |
75,673
+12,350
| +20% | +$288K |
|
|
IMMU
2370
DELISTED
Immunomedics Inc
IMMU
| $1.77M | ﹤0.01% |
420,301
+59,258
| +16% | +$294K |
|
2371
Arrow Financial
AROW
$725M
| $1.77M | ﹤0.01% |
88,189
+325
| +0.4% | +$6.38K |
|
|
BDSI
2372
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $1.77M | ﹤0.01% |
209,424
+93,716
| +81% | +$756K |
|
2373
FreightCar America
RAIL
$243M
| $1.76M | ﹤0.01% |
75,923
+985
| +1% | +$23.9K |
|
|
GIFI
2374
DELISTED
Gulf Island Fabrication
GIFI
| $1.76M | ﹤0.01% |
81,550
+1,842
| +2% | +$39.3K |
|
2375
Ultragenyx Pharmaceutical
RARE
$2.65B
| $1.76M | ﹤0.01% |
+35,962
| New | +$1.85M |
|
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.