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 | |
|---|---|---|---|---|---|---|
176
CME Group
CME
$95.2B
| $176M | 0.12% |
2,375,840
+20,710
| +0.9% | +$1.56M |
|
177
Prologis
PLD
$135B
| $174M | 0.12% |
4,256,862
+91,890
| +2% | +$3.62M |
|
178
Stryker
SYK
$134B
| $174M | 0.12% |
2,132,222
+7,933
| +0.4% | +$631K |
|
179
Regeneron Pharmaceuticals
REGN
$73.1B
| $173M | 0.12% |
576,072
+4,195
| +0.7% | +$1.29M |
|
180
Cigna
CI
$78.5B
| $171M | 0.11% |
2,044,703
-14,010
| -0.7% | -$1.15M |
|
181
TE Connectivity
TEL
$60.3B
| $169M | 0.11% |
2,815,039
+22,379
| +0.8% | +$1.28M |
|
|
FRX
182
DELISTED
FOREST LABORATORIES INC
FRX
| $168M | 0.11% |
1,821,376
+40,491
| +2% | +$3.27M |
|
|
HES
183
DELISTED
Hess
HES
| $168M | 0.11% |
2,024,184
-43,232
| -2% | -$3.44M |
|
184
Intercontinental Exchange
ICE
$87.6B
| $168M | 0.11% |
4,237,770
-59,240
| -1% | -$2.5M |
|
185
Kroger
KR
$36.5B
| $166M | 0.11% |
7,595,912
-122,770
| -2% | -$2.44M |
|
186
T. Rowe Price
TROW
$25.7B
| $166M | 0.11% |
2,010,993
+68,166
| +4% | +$5.52M |
|
187
Equity Residential
EQR
$25.7B
| $164M | 0.11% |
2,835,145
+54,972
| +2% | +$3.1M |
|
188
Sempra
SRE
$58.2B
| $164M | 0.11% |
3,398,178
+51,918
| +2% | +$2.41M |
|
|
CB
189
DELISTED
CHUBB CORPORATION
CB
| $164M | 0.11% |
1,832,848
+5,566
| +0.3% | +$487K |
|
190
Intuit
INTU
$91.3B
| $163M | 0.11% |
2,104,042
+2,224
| +0.1% | +$170K |
|
191
Macy's
M
$6.56B
| $162M | 0.11% |
2,732,540
+32,158
| +1% | +$1.79M |
|
|
STI
192
DELISTED
SunTrust Banks, Inc.
STI
| $160M | 0.11% |
4,011,075
+39,291
| +1% | +$1.5M |
|
193
Becton Dickinson
BDX
$46.2B
| $159M | 0.11% |
1,396,457
-4,089
| -0.3% | -$450K |
|
|
MHFI
194
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $158M | 0.11% |
2,072,808
+50,099
| +2% | +$3.92M |
|
195
VF Corp
VFC
$5.91B
| $157M | 0.11% |
2,695,764
-29,589
| -1% | -$1.67M |
|
196
Franklin Resources
BEN
$16.9B
| $157M | 0.11% |
2,895,065
+9,940
| +0.3% | +$535K |
|
197
Western Digital
WDC
$167B
| $156M | 0.1% |
2,250,915
+31,670
| +1% | +$2.07M |
|
198
Netflix
NFLX
$305B
| $155M | 0.1% |
30,920,890
+957,530
| +3% | +$5.48M |
|
|
PPL
199
PPL Corp
PPL
$27B
| $155M | 0.1% |
5,021,499
+57,055
| +1% | +$1.66M |
|
200
Ameriprise Financial
AMP
$48.1B
| $155M | 0.1% |
1,407,724
-14,055
| -1% | -$1.54M |
|
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.