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 | |
|---|---|---|---|---|---|---|
|
TIS
2551
DELISTED
Orchids Paper Products, Inc.
TIS
| $1.56M | ﹤0.01% |
53,459
-6,567
| -11% | -$181K |
|
2552
Fox Factory Holding Corp
FOXF
$755M
| $1.55M | ﹤0.01% |
95,681
+8,408
| +10% | +$128K |
|
|
BKYF
2553
DELISTED
BK KY FINL CORP
BKYF
| $1.55M | ﹤0.01% |
32,054
+2,317
| +8% | +$108K |
|
2554
Barrett Business Services
BBSI
$959M
| $1.55M | ﹤0.01% |
225,804
-95,128
| -30% | -$703K |
|
2555
BlackBerry
BB
$4.98B
| $1.54M | ﹤0.01% |
140,654
+29,641
| +27% | +$304K |
|
2556
Axcelis
ACLS
$4.01B
| $1.54M | ﹤0.01% |
150,686
+6,601
| +5% | +$57.3K |
|
|
IBTX
2557
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.54M | ﹤0.01% |
39,502
-1,086
| -3% | -$47.2K |
|
|
XOMA
2558
DELISTED
Xoma
XOMA
| $1.54M | ﹤0.01% |
21,414
+1,206
| +6% | +$103K |
|
|
BPTH
2559
DELISTED
Bio-Path Holdings Inc
BPTH
| $1.54M | ﹤0.01% |
144
+5
| +4% | +$51.6K |
|
|
SCNB
2560
DELISTED
Suffolk Bancorp
SCNB
| $1.53M | ﹤0.01% |
67,587
+1,084
| +2% | +$23.3K |
|
|
ALDR
2561
DELISTED
Alder Biopharmaceuticals
ALDR
| $1.53M | ﹤0.01% |
52,727
+13,785
| +35% | +$247K |
|
2562
BP
BP
$116B
| $1.53M | ﹤0.01% |
48,416
-14,636
| -23% | -$492K |
|
2563
Angi Inc
ANGI
$229M
| $1.53M | ﹤0.01% |
24,553
+1,114
| +5% | +$74.4K |
|
|
BEAT
2564
DELISTED
BioTelemetry, Inc.
BEAT
| $1.52M | ﹤0.01% |
151,754
+5,361
| +4% | +$46K |
|
|
DS
2565
DELISTED
Drive Shack Inc.
DS
| $1.52M | ﹤0.01% |
338,533
-1,341,125
| -80% | -$6.17M |
|
|
EXAC
2566
DELISTED
Exactech Inc
EXAC
| $1.52M | ﹤0.01% |
64,483
+19,281
| +43% | +$426K |
|
|
TCS
2567
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.51M | ﹤0.01% |
5,282
+68
| +1% | +$19.7K |
|
2568
Limoneira
LMNR
$235M
| $1.51M | ﹤0.01% |
60,530
+1,259
| +2% | +$31.4K |
|
2569
Mercado Libre
MELI
$95.2B
| $1.51M | ﹤0.01% |
11,816
+2,503
| +27% | +$316K |
|
|
DTLK
2570
DELISTED
Datalink Corp
DTLK
| $1.5M | ﹤0.01% |
116,559
+4,257
| +4% | +$52K |
|
|
OMED
2571
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $1.5M | ﹤0.01% |
69,027
+7,915
| +13% | +$162K |
|
2572
Ducommun
DCO
$2.7B
| $1.49M | ﹤0.01% |
58,973
| – | – |
|
2573
Orion Group Holdings
ORN
$396M
| $1.49M | ﹤0.01% |
134,908
+2,333
| +2% | +$24.4K |
|
2574
National Grid
NGG
$80.4B
| $1.49M | ﹤0.01% |
21,819
+4,934
| +29% | +$343K |
|
|
HCOM
2575
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $1.48M | ﹤0.01% |
53,750
+1,840
| +4% | +$49K |
|
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.