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 |
Kinder Morgan
KMI
|
+$304M |
| 2 |
Microsoft
MSFT
|
+$131M |
| 3 |
Meta Platforms (Facebook)
META
|
+$127M |
| 4 |
Apple
AAPL
|
+$106M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$105M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Agilent Technologies
A
|
+$35.5M |
| 2 |
CNQR
CONCUR TECHNOLOGIES INC
CNQR
|
+$31M |
| 3 |
TWTC
TW TELECOM INC CL A COM
TWTC
|
+$30.1M |
| 4 |
Automatic Data Processing
ADP
|
+$25.7M |
| 5 |
URS
URS CORP
URS
|
+$20.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.59% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 14.21% |
| 4 | Industrials | 10.66% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FUEL
2501
DELISTED
Rocket Fuel Inc.
FUEL
| $1.68M | ﹤0.01% |
104,528
+13,153
| +14% | +$218K |
|
2502
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $1.68M | ﹤0.01% |
118,267
+7,684
| +7% | +$107K |
|
2503
Xencor
XNCR
$1.5B
| $1.68M | ﹤0.01% |
104,511
+17,918
| +21% | +$208K |
|
|
VVUS
2504
DELISTED
Vivus Inc
VVUS
| $1.68M | ﹤0.01% |
58,218
+76
| +0.1% | +$2.48K |
|
2505
STAAR Surgical
STAA
$1.21B
| $1.67M | ﹤0.01% |
183,313
+30,031
| +20% | +$291K |
|
|
PSEM
2506
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $1.67M | ﹤0.01% |
122,983
+17,949
| +17% | +$209K |
|
2507
Banco Santander
SAN
$201B
| $1.66M | ﹤0.01% |
215,267
+45,613
| +27% | +$366K |
|
|
KYNB
2508
Kyntra Bio
KYNB
$27.2M
| $1.66M | ﹤0.01% |
+2,425
| New | +$1.56M |
|
2509
Lexicon Pharmaceuticals
LXRX
$1.03B
| $1.65M | ﹤0.01% |
259,591
+9,021
| +4% | +$72.7K |
|
2510
British American Tobacco
BTI
$131B
| $1.65M | ﹤0.01% |
30,568
+3,358
| +12% | +$189K |
|
|
INWK
2511
DELISTED
InnerWorkings, Inc.
INWK
| $1.65M | ﹤0.01% |
211,497
+14,242
| +7% | +$113K |
|
2512
National Presto Industries
NPK
$870M
| $1.64M | ﹤0.01% |
28,340
+133
| +0.5% | +$7.9K |
|
|
ZQK
2513
DELISTED
QUICKSILVER,INC.
ZQK
| $1.64M | ﹤0.01% |
744,264
| – | – |
|
|
SREV
2514
DELISTED
ServiceSource International, Inc.
SREV
| $1.64M | ﹤0.01% |
351,270
+43,263
| +14% | +$167K |
|
2515
Comstock Resources
CRK
$3.89B
| $1.64M | ﹤0.01% |
48,035
-2,932
| -6% | -$152K |
|
|
TSYS
2516
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
| $1.64M | ﹤0.01% |
524,115
-7,408
| -1% | -$22K |
|
|
REGI
2517
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.64M | ﹤0.01% |
168,482
-61,649
| -27% | -$614K |
|
|
SGYP
2518
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $1.63M | ﹤0.01% |
535,396
+41,599
| +8% | +$123K |
|
|
BIRT
2519
DELISTED
Actuate Corp
BIRT
| $1.63M | ﹤0.01% |
247,228
-504
| -0.2% | -$2.35K |
|
2520
CRA International
CRAI
$1.16B
| $1.63M | ﹤0.01% |
53,735
+661
| +1% | +$19.4K |
|
|
REXX
2521
DELISTED
Rex Energy Corporation
REXX
| $1.63M | ﹤0.01% |
31,956
+667
| +2% | +$51.2K |
|
|
PGRE
2522
DELISTED
Paramount Group
PGRE
| $1.63M | ﹤0.01% |
+87,526
| New | +$1.61M |
|
|
EBSB
2523
DELISTED
Meridian Bancorp, Inc.
EBSB
| $1.62M | ﹤0.01% |
144,512
+14,394
| +11% | +$160K |
|
2524
STRATTEC Security
STRT
$367M
| $1.62M | ﹤0.01% |
19,633
+605
| +3% | +$56.5K |
|
|
ZSPH
2525
DELISTED
ZS PHARMA INC COMS TK (DE)
ZSPH
| $1.62M | ﹤0.01% |
38,954
+14,006
| +56% | +$553K |
|
Similar funds
Geode Capital Management's Q4 2014 Portfolio in Review
As of Q4 2014, Geode Capital Management held 4,051 positions worth $168B, up 9% from $154B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management deployed $5.23B of net new capital in Q4 2014, opening 130 new positions and adding to 2,924 existing holdings. Its largest new stake was CDK Global, Inc.: 836,934 shares worth $34.1M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Agilent Technologies, an estimated $35.5M trimmed.
- Geode Capital Management's largest Q4 2014 buy was CDK Global, Inc.: 836,934 shares worth $34.1M.
- Geode Capital Management added most to Kinder Morgan in Q4 2014, an estimated $304M increase.
- Geode Capital Management's biggest Q4 2014 reduction was Agilent Technologies, cutting an estimated $35.5M.
- Geode Capital Management fully exited CONCUR TECHNOLOGIES INC in Q4 2014, selling an estimated $31M.
- Geode Capital Management's ten largest holdings make up 15% of its $168B portfolio in Q4 2014.
- Geode Capital Management opened 130 new positions and closed 76 in Q4 2014.
- Geode Capital Management's portfolio value rose 9% quarter-over-quarter to $168B.
Based on Geode Capital Management's 13F filing for Q4 2014, filed 12 Feb 2015.