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 | |
|---|---|---|---|---|---|---|
|
DALN
2626
DELISTED
DallasNews
DALN
| $1.34M | ﹤0.01% |
32,277
+582
| +2% | +$27K |
|
|
TLGT
2627
DELISTED
Teligent, Inc
TLGT
| $1.34M | ﹤0.01% |
15,230
+717
| +5% | +$67.2K |
|
|
AGEN
2628
Agenus
AGEN
$312M
| $1.34M | ﹤0.01% |
17,189
+277
| +2% | +$17K |
|
|
KTWO
2629
DELISTED
K2M Group Holdings, Inc
KTWO
| $1.34M | ﹤0.01% |
64,206
+14,254
| +29% | +$247K |
|
|
AREX
2630
DELISTED
Approach Resources Inc.
AREX
| $1.34M | ﹤0.01% |
209,516
+1,236
| +0.6% | +$11.8K |
|
|
SNAK
2631
DELISTED
Inventure Foods, Inc.
SNAK
| $1.33M | ﹤0.01% |
104,328
+1,586
| +2% | +$20.6K |
|
|
POWR
2632
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $1.32M | ﹤0.01% |
113,616
| – | – |
|
|
SSNI
2633
DELISTED
Silver Spring Networks, Inc.
SSNI
| $1.32M | ﹤0.01% |
156,897
+29,073
| +23% | +$240K |
|
|
BBRG
2634
DELISTED
Bravo Brio Restaurant Group Inc.
BBRG
| $1.32M | ﹤0.01% |
95,008
+1,446
| +2% | +$19.1K |
|
|
MRGE
2635
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $1.32M | ﹤0.01% |
371,217
+60,350
| +19% | +$178K |
|
|
BAS
2636
DELISTED
Basis Energy Services, Inc.
BAS
| $1.32M | ﹤0.01% |
331
-215
| -39% | -$1.36M |
|
2637
Icon
ICLR
$12.6B
| $1.32M | ﹤0.01% |
25,901
+2,983
| +13% | +$161K |
|
|
TTSH
2638
DELISTED
Tile Shop Holdings
TTSH
| $1.31M | ﹤0.01% |
148,166
+2,084
| +1% | +$18.5K |
|
|
PGEM
2639
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $1.31M | ﹤0.01% |
94,046
| – | – |
|
2640
Arbor Realty Trust
ABR
$964M
| $1.31M | ﹤0.01% |
193,705
+2,575
| +1% | +$17.3K |
|
|
CETV
2641
DELISTED
Central European Media Enterprises Ltd
CETV
| $1.31M | ﹤0.01% |
407,970
+19,497
| +5% | +$50.1K |
|
|
JMBA
2642
DELISTED
Jamba, Inc.
JMBA
| $1.31M | ﹤0.01% |
86,631
+1,217
| +1% | +$15.9K |
|
2643
Bank of Marin Bancorp
BMRC
$472M
| $1.3M | ﹤0.01% |
49,590
+474
| +1% | +$11.8K |
|
2644
Destination XL Group
DXLG
$31.2M
| $1.3M | ﹤0.01% |
237,901
+4,914
| +2% | +$24.8K |
|
2645
Hackett Group
HCKT
$270M
| $1.29M | ﹤0.01% |
147,438
+8,878
| +6% | +$68.7K |
|
2646
NMI Holdings
NMIH
$3.33B
| $1.29M | ﹤0.01% |
141,852
+25,426
| +22% | +$225K |
|
|
JIVE
2647
DELISTED
Jive Software, Inc.
JIVE
| $1.29M | ﹤0.01% |
214,828
+9,101
| +4% | +$54.4K |
|
2648
Cytokinetics
CYTK
$10.5B
| $1.29M | ﹤0.01% |
161,642
+231
| +0.1% | +$991 |
|
2649
Nice
NICE
$5.79B
| $1.29M | ﹤0.01% |
25,525
+5,118
| +25% | +$231K |
|
|
DEST
2650
DELISTED
Destination Maternity Corporation
DEST
| $1.29M | ﹤0.01% |
80,917
+666
| +0.8% | +$10.2K |
|
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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.