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 | |
|---|---|---|---|---|---|---|
|
MAG
3251
DELISTED
MAGNETEK INC COM STK NEW
MAG
| $394K | ﹤0.01% |
9,712
| – | – |
|
3252
Genie Energy
GNE
$373M
| $393K | ﹤0.01% |
63,692
| – | – |
|
|
FCSC
3253
DELISTED
Fibrocell Science Inc.
FCSC
| $393K | ﹤0.01% |
10,250
| – | – |
|
|
LEAF
3254
DELISTED
Leaf Group Ltd.
LEAF
| $392K | ﹤0.01% |
64,169
+15,157
| +31% | +$100K |
|
3255
Hingham Institution for Saving
HIFS
$622M
| $388K | ﹤0.01% |
4,467
+9
| +0.2% | +$758 |
|
3256
Viper Energy
VNOM
$8.48B
| $388K | ﹤0.01% |
21,442
+5,472
| +34% | +$104K |
|
|
BIOA
3257
DELISTED
BioAmber Inc.
BIOA
| $388K | ﹤0.01% |
46,328
-7,560
| -14% | -$68.8K |
|
|
ORC
3258
Orchid Island Capital
ORC
$1.32B
| $386K | ﹤0.01% |
5,920
| – | – |
|
|
PMFG
3259
DELISTED
PMFG INC COM STK (DE)
PMFG
| $386K | ﹤0.01% |
73,832
+2,186
| +3% | +$12.5K |
|
3260
ACNB Corp
ACNB
$649M
| $384K | ﹤0.01% |
17,657
| – | – |
|
|
EOX
3261
DELISTED
EMERALD OIL INC (MT)
EOX
| $383K | ﹤0.01% |
15,984
| – | – |
|
3262
Galectin Therapeutics
GALT
$213M
| $382K | ﹤0.01% |
110,207
+162
| +0.1% | +$716 |
|
|
RC
3263
Ready Capital
RC
$261M
| $381K | ﹤0.01% |
22,161
-9,167
| -29% | -$163K |
|
3264
AXT Inc
AXTI
$3.07B
| $380K | ﹤0.01% |
135,827
+396
| +0.3% | +$975 |
|
|
PRTK
3265
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $380K | ﹤0.01% |
9,859
+6,606
| +203% | +$158K |
|
|
ARGS
3266
DELISTED
Argos Therapeutics, Inc.
ARGS
| $380K | ﹤0.01% |
1,903
+10
| +0.5% | +$1.8K |
|
|
TEUM
3267
DELISTED
Pareteum Corporation
TEUM
| $378K | ﹤0.01% |
18,194
| – | – |
|
3268
LCNB Corp
LCNB
$286M
| $377K | ﹤0.01% |
25,022
-1,269
| -5% | -$18.7K |
|
3269
CRH
CRH
$64.1B
| $376K | ﹤0.01% |
15,668
+3,137
| +25% | +$71K |
|
3270
Mitek Systems
MITK
$771M
| $376K | ﹤0.01% |
113,730
+186
| +0.2% | +$559 |
|
3271
Genasys
GNSS
$80.2M
| $375K | ﹤0.01% |
139,046
| – | – |
|
|
VXRT
3272
DELISTED
Vaxart
VXRT
| $375K | ﹤0.01% |
15,247
+35
| +0.2% | +$897 |
|
|
SCX
3273
DELISTED
The L.S. Starrett Company
SCX
| $374K | ﹤0.01% |
18,776
| – | – |
|
|
LITS
3274
Lite Strategy Inc
LITS
$33.6M
| $373K | ﹤0.01% |
4,379
+9
| +0.2% | +$1.19K |
|
|
VTNR
3275
DELISTED
Vertex Energy, Inc
VTNR
| $373K | ﹤0.01% |
89,085
+282
| +0.3% | +$1.37K |
|
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.