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 | |
|---|---|---|---|---|---|---|
|
CYT
951
DELISTED
CYTEC INDS INC
CYT
| $17.2M | 0.01% |
372,271
+4,785
| +1% | +$223K |
|
952
Marriott Vacations Worldwide
VAC
$3.52B
| $17.2M | 0.01% |
230,521
+6,772
| +3% | +$471K |
|
953
Timken Company
TKR
$9.21B
| $17.1M | 0.01% |
401,323
+3,342
| +0.8% | +$140K |
|
|
AXE
954
DELISTED
Anixter International Inc
AXE
| $17.1M | 0.01% |
193,401
+19,516
| +11% | +$1.65M |
|
955
Dillards
DDS
$9.68B
| $17.1M | 0.01% |
136,296
-11,172
| -8% | -$1.25M |
|
956
COPT Defense Properties
CDP
$4.26B
| $17.1M | 0.01% |
601,287
+24,621
| +4% | +$677K |
|
|
SF
957
Stifel
SF
$12.9B
| $17.1M | 0.01% |
752,233
+3,044
| +0.4% | +$64.4K |
|
958
Bio-Techne
TECH
$11.2B
| $17M | 0.01% |
737,080
+23,964
| +3% | +$548K |
|
|
CLR
959
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $17M | 0.01% |
443,193
+5,140
| +1% | +$253K |
|
|
CST
960
DELISTED
CST Brands, Inc.
CST
| $17M | 0.01% |
389,022
+12,112
| +3% | +$486K |
|
961
Take-Two Interactive
TTWO
$44.4B
| $16.9M | 0.01% |
604,012
-81,706
| -12% | -$2.09M |
|
|
NATI
962
DELISTED
National Instruments Corp
NATI
| $16.9M | 0.01% |
544,369
+23,874
| +5% | +$741K |
|
963
Landstar System
LSTR
$6.07B
| $16.9M | 0.01% |
233,008
-3,236
| -1% | -$240K |
|
964
Hanover Insurance
THG
$8B
| $16.9M | 0.01% |
236,462
+4,828
| +2% | +$326K |
|
|
AL
965
DELISTED
Air Lease Corp
AL
| $16.8M | 0.01% |
490,069
+2,230
| +0.5% | +$78.4K |
|
|
RVBD
966
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $16.8M | 0.01% |
822,699
-2,939
| -0.4% | -$56.4K |
|
967
Baidu
BIDU
$38.3B
| $16.8M | 0.01% |
73,652
+15,098
| +26% | +$3.46M |
|
968
First Horizon
FHN
$12.5B
| $16.8M | 0.01% |
1,236,358
+9,449
| +0.8% | +$120K |
|
|
HSNI
969
DELISTED
HSN, Inc.
HSNI
| $16.8M | 0.01% |
220,452
+23,746
| +12% | +$1.64M |
|
970
3D Systems Corp
DDD
$599M
| $16.8M | 0.01% |
509,636
+1,137
| +0.2% | +$41K |
|
|
UFS
971
DELISTED
DOMTAR CORPORATION (New)
UFS
| $16.7M | 0.01% |
415,743
+74,515
| +22% | +$2.93M |
|
|
SAPE
972
DELISTED
SAPIENT CORP
SAPE
| $16.7M | 0.01% |
671,062
-169,823
| -20% | -$3.58M |
|
|
SPN
973
DELISTED
Superior Energy Services, Inc.
SPN
| $16.7M | 0.01% |
82,862
+850
| +1% | +$199K |
|
974
Federated Hermes
FHI
$4.84B
| $16.6M | 0.01% |
505,145
+27,882
| +6% | +$862K |
|
|
CVSA
975
Covista Inc
CVSA
$4.44B
| $16.6M | 0.01% |
349,325
+7,421
| +2% | +$349K |
|
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.