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 | |
|---|---|---|---|---|---|---|
451
Cincinnati Financial
CINF
$27.8B
| $59.9M | 0.04% |
1,157,050
+45,817
| +4% | +$2.29M |
|
452
Goodyear
GT
$2.09B
| $59.4M | 0.04% |
2,080,566
+89,485
| +4% | +$2.21M |
|
453
Incyte
INCY
$25.8B
| $59.2M | 0.04% |
810,850
+34,026
| +4% | +$2.22M |
|
454
L3Harris
LHX
$55.4B
| $59.2M | 0.04% |
825,505
+17,410
| +2% | +$1.2M |
|
|
ENDP
455
DELISTED
Endo International plc
ENDP
| $59.1M | 0.04% |
819,891
+24,181
| +3% | +$1.66M |
|
456
CNX Resources
CNX
$4.91B
| $59.1M | 0.04% |
2,099,840
+85,964
| +4% | +$2.61M |
|
457
Digital Realty Trust
DLR
$69.6B
| $59M | 0.04% |
890,821
+11,670
| +1% | +$779K |
|
|
HBI
458
DELISTED
Hanesbrands
HBI
| $58.8M | 0.04% |
2,107,640
-900
| -0% | -$24.7K |
|
459
Darden Restaurants
DRI
$24.3B
| $58.5M | 0.03% |
1,118,171
+38,167
| +4% | +$1.85M |
|
|
RFMD
460
DELISTED
RF MICRO DEVICES INC
RFMD
| $58.3M | 0.03% |
3,516,098
+1,543,930
| +78% | +$20.6M |
|
461
Dentsply Sirona
XRAY
$2.84B
| $58.3M | 0.03% |
1,096,110
+40,346
| +4% | +$2.05M |
|
462
Campbell Soup
CPB
$6.85B
| $58.2M | 0.03% |
1,323,877
+44,786
| +4% | +$1.96M |
|
463
Advance Auto Parts
AAP
$3.53B
| $57.8M | 0.03% |
362,769
+4,693
| +1% | +$689K |
|
|
ATVI
464
DELISTED
Activision Blizzard
ATVI
| $57.6M | 0.03% |
2,858,092
+147,355
| +5% | +$2.97M |
|
465
Federal Realty Investment Trust
FRT
$10.9B
| $57.1M | 0.03% |
428,198
+11,737
| +3% | +$1.52M |
|
|
ARG
466
DELISTED
Airgas Inc
ARG
| $56.8M | 0.03% |
494,176
+16,977
| +4% | +$1.91M |
|
|
MWV
467
DELISTED
MEADWESTVACO CORP
MWV
| $56.8M | 0.03% |
1,281,581
+32,658
| +3% | +$1.41M |
|
468
Helmerich & Payne
HP
$3.34B
| $56.7M | 0.03% |
841,323
+7,353
| +0.9% | +$573K |
|
|
SNI
469
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $56.6M | 0.03% |
752,394
+11,438
| +2% | +$874K |
|
|
FDO
470
DELISTED
FAMILY DOLLAR STORES
FDO
| $56.5M | 0.03% |
714,094
+28,351
| +4% | +$2.22M |
|
|
CXO
471
DELISTED
CONCHO RESOURCES INC.
CXO
| $56.5M | 0.03% |
566,349
+12,992
| +2% | +$1.36M |
|
|
PCL
472
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $55.8M | 0.03% |
1,306,149
+37,241
| +3% | +$1.53M |
|
473
Corpay
CPAY
$25.7B
| $55.8M | 0.03% |
375,233
+10,193
| +3% | +$1.47M |
|
474
Herc Holdings
HRI
$4.78B
| $55.7M | 0.03% |
744,333
+2,027
| +0.3% | +$137K |
|
475
FMC
FMC
$1.25B
| $55.5M | 0.03% |
1,124,124
+38,389
| +4% | +$1.87M |
|
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.