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 | |
|---|---|---|---|---|---|---|
851
Wolfspeed
WOLF
$1.3B
| $20.5M | 0.01% |
637,324
+4,614
| +0.7% | +$152K |
|
|
AWH
852
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $20.5M | 0.01% |
541,231
-37,237
| -6% | -$1.4M |
|
853
Commerce Bancshares
CBSH
$8.61B
| $20.4M | 0.01% |
804,097
+10,661
| +1% | +$265K |
|
|
TWO
854
Two Harbors Investment
TWO
$1.27B
| $20.4M | 0.01% |
255,045
+10,096
| +4% | +$820K |
|
855
CNO Financial Group
CNO
$5.13B
| $20.4M | 0.01% |
1,186,378
-1,198
| -0.1% | -$20.6K |
|
856
IQVIA
IQV
$39B
| $20.4M | 0.01% |
347,120
+51,428
| +17% | +$2.93M |
|
|
NRF
857
DELISTED
NorthStar Realty Finance Corp.
NRF
| $20.4M | 0.01% |
580,381
+7,127
| +1% | +$254K |
|
858
Westlake Corp
WLK
$10B
| $20.3M | 0.01% |
332,655
+37,289
| +13% | +$2.54M |
|
859
AMC Global Media
AMCX
$541M
| $20.2M | 0.01% |
317,455
+3,335
| +1% | +$201K |
|
860
Cognex
CGNX
$11.9B
| $20.2M | 0.01% |
978,758
+14,386
| +1% | +$286K |
|
861
Cracker Barrel
CBRL
$1.3B
| $20.2M | 0.01% |
143,561
+16,115
| +13% | +$1.94M |
|
|
KATE
862
DELISTED
Kate Spade & Company
KATE
| $20.1M | 0.01% |
628,651
+15,343
| +3% | +$438K |
|
863
Idacorp
IDA
$8.28B
| $20.1M | 0.01% |
302,944
+21,415
| +8% | +$1.31M |
|
|
DYN
864
DELISTED
Dynegy, Inc.
DYN
| $20M | 0.01% |
658,626
+22,405
| +4% | +$692K |
|
|
SAFM
865
DELISTED
Sanderson Farms Inc
SAFM
| $20M | 0.01% |
237,716
+17,433
| +8% | +$1.5M |
|
866
AGCO
AGCO
$7.31B
| $20M | 0.01% |
442,053
-8,655
| -2% | -$383K |
|
867
First American
FAF
$7.71B
| $19.9M | 0.01% |
587,877
+2,255
| +0.4% | +$69.1K |
|
868
White Mountains Insurance
WTM
$5.25B
| $19.9M | 0.01% |
31,594
+1,358
| +4% | +$864K |
|
|
ARRS
869
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $19.9M | 0.01% |
659,003
+16,057
| +2% | +$455K |
|
|
OA
870
DELISTED
Orbital ATK, Inc.
OA
| $19.8M | 0.01% |
170,639
+5,894
| +4% | +$686K |
|
871
Toro Company
TTC
$9.45B
| $19.8M | 0.01% |
619,442
-37,452
| -6% | -$1.16M |
|
872
Diamondrock Hospitality Co
DRH
$2.74B
| $19.7M | 0.01% |
1,327,731
+47,196
| +4% | +$671K |
|
|
SIX
873
DELISTED
Six Flags Entertainment Corp.
SIX
| $19.7M | 0.01% |
457,456
-18,987
| -4% | -$747K |
|
874
Popular Inc
BPOP
$11.3B
| $19.7M | 0.01% |
579,535
+8,616
| +2% | +$270K |
|
875
Radian Group
RDN
$5.2B
| $19.7M | 0.01% |
1,176,833
+124,373
| +12% | +$2.01M |
|
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.