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 | |
|---|---|---|---|---|---|---|
626
Alnylam Pharmaceuticals
ALNY
$30.6B
| $33.8M | 0.02% |
347,962
+18,137
| +5% | +$1.68M |
|
627
Huntington Ingalls Industries
HII
$12.5B
| $33.6M | 0.02% |
298,790
-2,260
| -0.8% | -$237K |
|
628
Reinsurance Group of America
RGA
$15.5B
| $33.6M | 0.02% |
383,234
+4,522
| +1% | +$378K |
|
|
SBNY
629
DELISTED
Signature Bank
SBNY
| $33.4M | 0.02% |
265,396
+4,623
| +2% | +$552K |
|
630
O-I Glass
OI
$1.15B
| $33.3M | 0.02% |
1,234,687
+60,048
| +5% | +$1.54M |
|
|
HOUS
631
DELISTED
Anywhere Real Estate
HOUS
| $33.2M | 0.02% |
746,940
+3,241
| +0.4% | +$135K |
|
632
Cboe Global Markets
CBOE
$29.7B
| $33.2M | 0.02% |
523,370
+13,951
| +3% | +$833K |
|
|
SAVE
633
DELISTED
Spirit Airlines, Inc.
SAVE
| $33M | 0.02% |
436,951
+17,199
| +4% | +$1.23M |
|
634
Community Health Systems
CYH
$416M
| $32.8M | 0.02% |
736,170
+13,023
| +2% | +$557K |
|
|
PDCO
635
DELISTED
Patterson Companies, Inc.
PDCO
| $32.8M | 0.02% |
682,895
+24,217
| +4% | +$1.09M |
|
|
CVC
636
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $32.8M | 0.02% |
1,590,611
+60,812
| +4% | +$1.16M |
|
637
Brookdale Senior Living
BKD
$3.45B
| $32.6M | 0.02% |
890,172
+5,084
| +0.6% | +$172K |
|
|
BEAV
638
DELISTED
B/E Aerospace Inc
BEAV
| $32.6M | 0.02% |
562,780
-192,617
| -25% | -$10.7M |
|
639
IDEX
IEX
$17.5B
| $32.4M | 0.02% |
416,778
+4,717
| +1% | +$351K |
|
|
DNB
640
DELISTED
Dun & Bradstreet
DNB
| $32.3M | 0.02% |
267,442
+5,769
| +2% | +$697K |
|
|
SVC
641
Service Properties Trust
SVC
$1.02B
| $32.2M | 0.02% |
209,130
-1,458
| -0.7% | -$215K |
|
642
CoStar Group
CSGP
$12.2B
| $32.2M | 0.02% |
1,752,880
+113,440
| +7% | +$1.83M |
|
|
HNT
643
DELISTED
HEALTH NET INC
HNT
| $32.1M | 0.02% |
600,620
+49,272
| +9% | +$2.43M |
|
|
ITC
644
DELISTED
ITC HOLDINGS CORP
ITC
| $32.1M | 0.02% |
794,467
+3,047
| +0.4% | +$117K |
|
645
Genworth Financial
GNW
$3.71B
| $31.9M | 0.02% |
3,752,560
+125,500
| +3% | +$1.32M |
|
|
WBC
646
DELISTED
WABCO HOLDINGS INC.
WBC
| $31.8M | 0.02% |
303,796
-4,269
| -1% | -$422K |
|
647
Lincoln Electric
LECO
$15.2B
| $31.8M | 0.02% |
460,040
+1,339
| +0.3% | +$93.5K |
|
648
Jack Henry & Associates
JKHY
$11B
| $31.8M | 0.02% |
511,138
-1,276
| -0.2% | -$76.1K |
|
649
Allison Transmission
ALSN
$9.8B
| $31.7M | 0.02% |
936,374
-92,548
| -9% | -$2.95M |
|
|
DRC
650
DELISTED
DRESSER-RAND GROUP INC
DRC
| $31.7M | 0.02% |
387,523
+7,886
| +2% | +$642K |
|
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.