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 | |
|---|---|---|---|---|---|---|
|
SNV
876
DELISTED
Synovus
SNV
| $19.5M | 0.01% |
718,316
+4,618
| +0.6% | +$117K |
|
|
RPAI
877
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $19.5M | 0.01% |
1,165,614
+66,405
| +6% | +$1.05M |
|
878
Live Nation Entertainment
LYV
$42.6B
| $19.5M | 0.01% |
745,053
+2,781
| +0.4% | +$70.1K |
|
|
VRNT
879
DELISTED
Verint Systems
VRNT
| $19.5M | 0.01% |
655,253
-53,005
| -7% | -$1.54M |
|
|
WCG
880
DELISTED
Wellcare Health Plans, Inc.
WCG
| $19.4M | 0.01% |
236,990
+1,030
| +0.4% | +$71.8K |
|
881
Eagle Materials
EXP
$6.68B
| $19.4M | 0.01% |
254,910
+2,113
| +0.8% | +$179K |
|
|
N
882
DELISTED
Netsuite Inc
N
| $19.3M | 0.01% |
176,658
+15,828
| +10% | +$1.62M |
|
883
Tyler Technologies
TYL
$12.5B
| $19.3M | 0.01% |
175,986
+10,460
| +6% | +$1.1M |
|
|
BERY
884
DELISTED
Berry Global Group, Inc.
BERY
| $19.2M | 0.01% |
664,290
+2,078
| +0.3% | +$52K |
|
|
CNL
885
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $19.2M | 0.01% |
352,553
+1,255
| +0.4% | +$66.2K |
|
|
PDM
886
Piedmont Realty Trust
PDM
$1.2B
| $19.2M | 0.01% |
1,019,853
+7,115
| +0.7% | +$134K |
|
887
Cullen/Frost Bankers
CFR
$10.4B
| $19.2M | 0.01% |
271,992
+253
| +0.1% | +$19.1K |
|
|
LXK
888
DELISTED
Lexmark Intl Inc
LXK
| $19.2M | 0.01% |
464,241
+54,006
| +13% | +$2.25M |
|
889
Pacira BioSciences
PCRX
$991M
| $19.1M | 0.01% |
215,403
+3,040
| +1% | +$288K |
|
890
Sensient Technologies
SXT
$5.52B
| $19.1M | 0.01% |
316,320
-16,226
| -5% | -$929K |
|
891
ITT
ITT
$18.3B
| $19.1M | 0.01% |
471,214
+2,556
| +0.5% | +$107K |
|
|
GPOR
892
DELISTED
Gulfport Energy Corp.
GPOR
| $19.1M | 0.01% |
456,715
+16,749
| +4% | +$784K |
|
893
Avient
AVNT
$3.5B
| $19M | 0.01% |
500,634
+1,991
| +0.4% | +$72.7K |
|
894
MSC Industrial Direct
MSM
$7.09B
| $19M | 0.01% |
233,524
+1,938
| +0.8% | +$158K |
|
|
AOL
895
DELISTED
AOL INC COMMON STOCK
AOL
| $18.9M | 0.01% |
410,076
-5,153
| -1% | -$227K |
|
|
FMER
896
DELISTED
FIRSTMERIT CORP
FMER
| $18.9M | 0.01% |
1,001,853
+56,907
| +6% | +$1.02M |
|
897
Rayonier
RYN
$6.6B
| $18.9M | 0.01% |
745,513
+13,504
| +2% | +$362K |
|
|
DO
898
DELISTED
Diamond Offshore Drilling
DO
| $18.9M | 0.01% |
515,015
+12,325
| +2% | +$442K |
|
|
CAVM
899
DELISTED
Cavium, Inc.
CAVM
| $18.9M | 0.01% |
305,239
+4,569
| +2% | +$242K |
|
|
AVNR
900
DELISTED
AVANIR PHARMACEUTICALS, INC CL A
AVNR
| $18.9M | 0.01% |
1,112,115
+138,164
| +14% | +$1.94M |
|
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.