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 | |
|---|---|---|---|---|---|---|
|
NVO
2526
Novo Nordisk
NVO
$208B
| $1.61M | ﹤0.01% |
76,146
-2,372
| -3% | -$53K |
|
|
OLP
2527
One Liberty Properties
OLP
$530M
| $1.61M | ﹤0.01% |
68,032
+1,855
| +3% | +$41.9K |
|
|
EPZM
2528
DELISTED
Epizyme, Inc
EPZM
| $1.6M | ﹤0.01% |
85,105
-3,874
| -4% | -$90.5K |
|
|
POZN
2529
DELISTED
POZEN INC
POZN
| $1.6M | ﹤0.01% |
200,581
+2,638
| +1% | +$22.6K |
|
2530
Hurco Companies Inc
HURC
$135M
| $1.6M | ﹤0.01% |
47,027
+1,302
| +3% | +$45.8K |
|
|
RTK
2531
DELISTED
Rentech, Inc.
RTK
| $1.6M | ﹤0.01% |
127,215
+2,177
| +2% | +$30.9K |
|
|
BKMU
2532
DELISTED
Bank Mutual Corp
BKMU
| $1.59M | ﹤0.01% |
232,478
+4,809
| +2% | +$31.2K |
|
|
BNFT
2533
DELISTED
Benefitfocus, Inc.
BNFT
| $1.59M | ﹤0.01% |
48,532
+12,051
| +33% | +$318K |
|
|
WG
2534
DELISTED
Willbros Group
WG
| $1.59M | ﹤0.01% |
254,222
-47,018
| -16% | -$268K |
|
|
FLIC
2535
DELISTED
First of Long Island Corp
FLIC
| $1.59M | ﹤0.01% |
84,186
+1,588
| +2% | +$27.1K |
|
|
GIFI
2536
DELISTED
Gulf Island Fabrication
GIFI
| $1.58M | ﹤0.01% |
81,760
-1,658
| -2% | -$32.8K |
|
|
SRGA
2537
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $1.58M | ﹤0.01% |
10,134
+1,169
| +13% | +$168K |
|
2538
Travere Therapeutics
TVTX
$5.2B
| $1.58M | ﹤0.01% |
129,032
+42,639
| +49% | +$441K |
|
2539
Citizens
CIA
$239M
| $1.57M | ﹤0.01% |
206,995
+2,102
| +1% | +$15.2K |
|
2540
Sanofi
SNY
$103B
| $1.57M | ﹤0.01% |
34,445
-7,938
| -19% | -$385K |
|
2541
Mistras Group
MG
$484M
| $1.56M | ﹤0.01% |
85,300
+3,343
| +4% | +$57.2K |
|
|
FGL
2542
DELISTED
Fidelity & Guaranty Life
FGL
| $1.56M | ﹤0.01% |
64,363
| – | – |
|
2543
Artivion
AORT
$1.3B
| $1.56M | ﹤0.01% |
137,857
+1,928
| +1% | +$20K |
|
|
OSIR
2544
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
| $1.56M | ﹤0.01% |
97,645
+1,865
| +2% | +$25K |
|
2545
Ambarella
AMBA
$3.77B
| $1.56M | ﹤0.01% |
30,760
+3,107
| +11% | +$145K |
|
2546
Vaalco Energy
EGY
$570M
| $1.56M | ﹤0.01% |
342,251
+26,477
| +8% | +$173K |
|
2547
Cohu
COHU
$2.26B
| $1.56M | ﹤0.01% |
131,081
+13,752
| +12% | +$156K |
|
|
PFC
2548
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.56M | ﹤0.01% |
91,600
+4,160
| +5% | +$63K |
|
|
MXWL
2549
DELISTED
Maxwell Technologies Inc
MXWL
| $1.56M | ﹤0.01% |
171,056
+6,541
| +4% | +$63.8K |
|
2550
American Vanguard Corp
AVD
$68.4M
| $1.56M | ﹤0.01% |
133,960
-52
| -0% | -$575 |
|
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.