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 | |
|---|---|---|---|---|---|---|
|
SOHU
3101
Sohu.com
SOHU
$350M
| $555K | ﹤0.01% |
10,443
+2,326
| +29% | +$112K |
|
|
DXM
3102
DELISTED
DEX MEDIA INC NEW COM STK (DE)
DXM
| $555K | ﹤0.01% |
61,928
+30,275
| +96% | +$260K |
|
3103
Eledon Pharmaceuticals
ELDN
$255M
| $554K | ﹤0.01% |
+232
| New | +$551K |
|
|
ISH
3104
DELISTED
INTL SHIPHOLDING CORP
ISH
| $552K | ﹤0.01% |
37,086
| – | – |
|
|
RBCN
3105
DELISTED
Rubicon Technology, Inc.
RBCN
| $550K | ﹤0.01% |
12,048
+15
| +0.1% | +$658 |
|
3106
CEMIG Preferred Shares
CIG
$6.21B
| $549K | ﹤0.01% |
217,042
-122,102
| -36% | -$346K |
|
3107
CVD Equipment Corp
CVV
$48.2M
| $549K | ﹤0.01% |
38,154
| – | – |
|
|
VTG
3108
DELISTED
VANTAGE DRILLING COMPANY ORD SHS (KY)
VTG
| $549K | ﹤0.01% |
1,125,975
+71,265
| +7% | +$59.2K |
|
|
MODN
3109
DELISTED
MODEL N, INC.
MODN
| $548K | ﹤0.01% |
51,678
+1,746
| +3% | +$17.7K |
|
|
XENT
3110
DELISTED
Intersect ENT, Inc
XENT
| $542K | ﹤0.01% |
29,272
+10,967
| +60% | +$197K |
|
|
SGBK
3111
DELISTED
Stonegate Bank
SGBK
| $542K | ﹤0.01% |
18,323
+3,850
| +27% | +$106K |
|
3112
Dave & Buster's
PLAY
$377M
| $541K | ﹤0.01% |
+19,836
| New | +$433K |
|
|
EGAS
3113
DELISTED
Gas Natural Inc.
EGAS
| $538K | ﹤0.01% |
48,909
| – | – |
|
|
IFT
3114
DELISTED
IMPERIAL HLDGS INC COM STK (FL)
IFT
| $538K | ﹤0.01% |
82,555
| – | – |
|
3115
Lifeway Foods
LWAY
$471M
| $536K | ﹤0.01% |
28,961
+156
| +0.5% | +$2.63K |
|
3116
Par Pacific Holdings
PARR
$4.29B
| $536K | ﹤0.01% |
33,031
+14,847
| +82% | +$228K |
|
|
TTOO
3117
DELISTED
T2 Biosystems, Inc
TTOO
| $536K | ﹤0.01% |
6
+1
| +20% | +$82.4K |
|
|
FXEN
3118
DELISTED
FX ENERGY INC
FXEN
| $536K | ﹤0.01% |
345,938
+348
| +0.1% | +$857 |
|
3119
Pixelworks
PXLW
$38.1M
| $535K | ﹤0.01% |
9,793
+2,502
| +34% | +$149K |
|
3120
RELX
RELX
$62.1B
| $535K | ﹤0.01% |
31,476
+4,660
| +17% | +$76.7K |
|
3121
Amphastar Pharmaceuticals
AMPH
$883M
| $533K | ﹤0.01% |
45,940
+10,231
| +29% | +$111K |
|
3122
Banco Bilbao Vizcaya Argentaria
BBVA
$152B
| $533K | ﹤0.01% |
59,753
-855
| -1% | -$8.71K |
|
|
TRR
3123
DELISTED
Trc Companies
TRR
| $531K | ﹤0.01% |
83,782
| – | – |
|
|
TSE
3124
DELISTED
Trinseo
TSE
| $528K | ﹤0.01% |
+30,291
| New | +$459K |
|
|
WINT
3125
DELISTED
Windtree Therapeutics Inc
WINT
| $527K | ﹤0.01% |
32,503
+73
| +0.2% | +$1.6K |
|
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.