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 | |
|---|---|---|---|---|---|---|
776
SLM Corp
SLM
$5.16B
| $23.2M | 0.01% |
2,272,332
+29,603
| +1% | +$283K |
|
777
Zebra Technologies
ZBRA
$17.6B
| $23.1M | 0.01% |
298,950
+27,204
| +10% | +$1.96M |
|
|
UMPQ
778
DELISTED
Umpqua Holdings Corp
UMPQ
| $23.1M | 0.01% |
1,358,812
+168,697
| +14% | +$2.86M |
|
|
GNC
779
DELISTED
GNC Holdings, Inc.
GNC
| $23M | 0.01% |
490,029
-16,515
| -3% | -$693K |
|
780
Sonoco
SON
$5.78B
| $23M | 0.01% |
525,406
+6,725
| +1% | +$278K |
|
|
BWLD
781
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $22.9M | 0.01% |
127,160
-1,769
| -1% | -$275K |
|
782
PTC
PTC
$15.1B
| $22.8M | 0.01% |
622,887
+9,965
| +2% | +$369K |
|
783
DexCom
DXCM
$31.2B
| $22.8M | 0.01% |
1,657,956
+87,672
| +6% | +$1.07M |
|
784
Sprouts Farmers Market
SFM
$7.94B
| $22.8M | 0.01% |
671,338
+116,424
| +21% | +$3.55M |
|
|
PRXL
785
DELISTED
Parexel International Corp
PRXL
| $22.8M | 0.01% |
409,635
+73,131
| +22% | +$4.22M |
|
786
Aecom
ACM
$9.63B
| $22.8M | 0.01% |
749,214
+221,514
| +42% | +$6.91M |
|
|
BRSL
787
Brightstar Lottery PLC
BRSL
$2.08B
| $22.7M | 0.01% |
1,317,176
+8,486
| +0.6% | +$143K |
|
788
Liberty Media Series A
FWONA
$22.1B
| $22.6M | 0.01% |
955,470
-116,154
| -11% | -$2.74M |
|
789
Jabil
JBL
$35.5B
| $22.6M | 0.01% |
1,036,387
-411,287
| -28% | -$8.36M |
|
790
Royal Gold
RGLD
$18.3B
| $22.6M | 0.01% |
360,503
+3,794
| +1% | +$249K |
|
791
Steris
STE
$22.7B
| $22.5M | 0.01% |
347,724
+1,961
| +0.6% | +$121K |
|
|
DST
792
DELISTED
DST Systems Inc.
DST
| $22.5M | 0.01% |
478,948
-24,468
| -5% | -$1.15M |
|
|
THS
793
DELISTED
Treehouse Foods
THS
| $22.5M | 0.01% |
262,915
-12,322
| -4% | -$1.02M |
|
794
A.O. Smith
AOS
$8.59B
| $22.4M | 0.01% |
795,734
-3,294
| -0.4% | -$86K |
|
795
Copart
CPRT
$26.8B
| $22.4M | 0.01% |
4,905,464
+295,504
| +6% | +$1.27M |
|
|
HDS
796
DELISTED
HD Supply Holdings, Inc.
HDS
| $22.4M | 0.01% |
758,599
+134,565
| +22% | +$3.77M |
|
797
Align Technology
ALGN
$12.5B
| $22.4M | 0.01% |
400,002
-25,312
| -6% | -$1.34M |
|
798
Teradyne
TER
$60.9B
| $22.3M | 0.01% |
1,129,025
+45,188
| +4% | +$852K |
|
|
CPHD
799
DELISTED
Cepheid Inc
CPHD
| $22.3M | 0.01% |
411,257
+7,373
| +2% | +$373K |
|
800
DigitalBridge
DBRG
$2.94B
| $22.2M | 0.01% |
246,377
+8,245
| +3% | +$653K |
|
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.