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 | |
|---|---|---|---|---|---|---|
551
JB Hunt Transport Services
JBHT
$25.6B
| $41.2M | 0.02% |
488,875
+8,856
| +2% | +$705K |
|
552
Fossil Group
FOSL
$349M
| $40.9M | 0.02% |
370,142
+4,836
| +1% | +$505K |
|
553
Idexx Laboratories
IDXX
$46.1B
| $40.9M | 0.02% |
551,908
-15,708
| -3% | -$1.1M |
|
554
Ashland
ASH
$3.28B
| $40.8M | 0.02% |
696,749
-66,710
| -9% | -$3.6M |
|
|
TW
555
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $40.7M | 0.02% |
359,969
+1,553
| +0.4% | +$171K |
|
556
Everest Group
EG
$14.3B
| $40.7M | 0.02% |
238,826
-4,250
| -2% | -$717K |
|
|
PCYC
557
DELISTED
PHARMACYCLICS INC
PCYC
| $40.6M | 0.02% |
332,482
-4,690
| -1% | -$599K |
|
558
Palo Alto Networks
PANW
$296B
| $40.4M | 0.02% |
1,980,744
+103,644
| +6% | +$1.91M |
|
559
Synopsys
SNPS
$76.7B
| $40.4M | 0.02% |
930,549
+6,142
| +0.7% | +$255K |
|
|
MDVN
560
DELISTED
MEDIVATION, INC.
MDVN
| $40.3M | 0.02% |
810,046
+28,342
| +4% | +$1.47M |
|
|
CBST
561
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $40M | 0.02% |
397,170
+10,196
| +3% | +$793K |
|
562
Packaging Corp of America
PKG
$22.8B
| $40M | 0.02% |
512,027
+21,751
| +4% | +$1.56M |
|
|
LM
563
DELISTED
Legg Mason, Inc.
LM
| $39.8M | 0.02% |
747,185
+15,462
| +2% | +$816K |
|
564
HF Sinclair
DINO
$14.8B
| $39.7M | 0.02% |
1,060,603
+27,797
| +3% | +$1.16M |
|
|
HCBK
565
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $39.7M | 0.02% |
3,930,684
+267,668
| +7% | +$2.58M |
|
|
Y
566
DELISTED
Alleghany Corp
Y
| $39.7M | 0.02% |
85,751
+60
| +0.1% | +$26.7K |
|
567
Gentex
GNTX
$5.08B
| $39.6M | 0.02% |
2,191,234
+55,812
| +3% | +$927K |
|
568
Cooper Companies
COO
$14.6B
| $39.5M | 0.02% |
976,204
+6,816
| +0.7% | +$274K |
|
569
ResMed
RMD
$32.4B
| $39.5M | 0.02% |
704,475
+2,810
| +0.4% | +$147K |
|
570
Regency Centers
REG
$14.5B
| $39.4M | 0.02% |
617,949
+6,893
| +1% | +$416K |
|
571
Allegion
ALLE
$14.3B
| $39.4M | 0.02% |
710,906
+41,531
| +6% | +$2.16M |
|
572
Pitney Bowes
PBI
$2.51B
| $39.2M | 0.02% |
1,611,507
+59,452
| +4% | +$1.45M |
|
573
Raymond James Financial
RJF
$34.7B
| $39M | 0.02% |
1,021,580
-15,960
| -2% | -$586K |
|
|
OCR
574
DELISTED
OMNICARE INC
OCR
| $38.7M | 0.02% |
530,704
+2,932
| +0.6% | +$199K |
|
575
MGM Resorts International
MGM
$11.4B
| $38.7M | 0.02% |
1,810,062
+8,366
| +0.5% | +$182K |
|
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.