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 | |
|---|---|---|---|---|---|---|
201
Kinder Morgan
KMI
$70.4B
| $155M | 0.1% |
4,764,831
+13,945
| +0.3% | +$467K |
|
202
Sysco
SYY
$40.9B
| $153M | 0.1% |
4,248,633
+72,120
| +2% | +$2.59M |
|
|
FITB
203
Fifth Third Bancorp
FITB
$51.4B
| $153M | 0.1% |
6,651,801
-283,943
| -4% | -$6.18M |
|
204
Las Vegas Sands
LVS
$32.3B
| $151M | 0.1% |
1,874,976
+109,648
| +6% | +$8.81M |
|
205
Healthpeak Properties
DOC
$15.5B
| $151M | 0.1% |
4,262,963
+87,121
| +2% | +$3.01M |
|
206
Public Service Enterprise Group
PEG
$38.7B
| $151M | 0.1% |
3,947,979
+121,096
| +3% | +$4.18M |
|
207
Ventas
VTR
$47.5B
| $150M | 0.1% |
2,168,421
+43,927
| +2% | +$3.05M |
|
208
Boston Properties
BXP
$11.8B
| $149M | 0.1% |
1,297,532
+26,696
| +2% | +$2.91M |
|
209
Perrigo
PRGO
$1.45B
| $148M | 0.1% |
955,801
+12,929
| +1% | +$2.04M |
|
210
Welltower
WELL
$173B
| $147M | 0.1% |
2,459,319
+48,674
| +2% | +$2.78M |
|
211
International Paper
IP
$22.8B
| $146M | 0.1% |
3,400,050
-3,941
| -0.1% | -$175K |
|
212
Vornado Realty Trust
VNO
$7.71B
| $145M | 0.1% |
2,013,572
+32,724
| +2% | +$2.26M |
|
213
PG&E
PCG
$39B
| $144M | 0.1% |
3,344,067
+76,043
| +2% | +$3.23M |
|
|
LO
214
DELISTED
LORILLARD INC COM STK
LO
| $142M | 0.1% |
2,626,807
+7,461
| +0.3% | +$375K |
|
|
SNDK
215
DELISTED
SANDISK CORP
SNDK
| $141M | 0.09% |
1,737,119
+4,392
| +0.3% | +$324K |
|
216
Agilent Technologies
A
$39.7B
| $141M | 0.09% |
3,524,828
+59,477
| +2% | +$2.45M |
|
217
Lumen
LUMN
$6.52B
| $140M | 0.09% |
4,276,135
-18,461
| -0.4% | -$565K |
|
218
Edison International
EIX
$30.3B
| $140M | 0.09% |
2,479,861
+44,889
| +2% | +$2.24M |
|
|
WFM
219
DELISTED
Whole Foods Market Inc
WFM
| $139M | 0.09% |
2,745,676
+24,589
| +0.9% | +$1.31M |
|
220
Aptiv
APTV
$12.5B
| $139M | 0.09% |
2,048,139
-9,518
| -0.5% | -$608K |
|
|
STJ
221
DELISTED
St Jude Medical
STJ
| $137M | 0.09% |
2,102,747
-27,519
| -1% | -$1.79M |
|
222
Wynn Resorts
WYNN
$10.2B
| $137M | 0.09% |
618,514
+14,766
| +2% | +$3.25M |
|
223
AvalonBay Communities
AVB
$27.4B
| $136M | 0.09% |
1,037,582
+18,962
| +2% | +$2.39M |
|
224
Warner Bros
WBD
$64.4B
| $136M | 0.09% |
3,218,629
+21,304
| +0.7% | +$898K |
|
225
Waste Management
WM
$95.3B
| $135M | 0.09% |
3,201,982
+1,980
| +0.1% | +$83K |
|
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.