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 | |
|---|---|---|---|---|---|---|
1001
Healthcare Realty
HR
$7.02B
| $16M | 0.01% |
593,707
+26,576
| +5% | +$673K |
|
1002
TD Synnex
SNX
$21.1B
| $16M | 0.01% |
409,190
+8,872
| +2% | +$307K |
|
|
SEMG
1003
DELISTED
SEMGROUP CORPORATION
SEMG
| $16M | 0.01% |
233,590
+1,398
| +0.6% | +$103K |
|
|
SFG
1004
DELISTED
STANCORP FINL GRP
SFG
| $15.9M | 0.01% |
228,069
+1,981
| +0.9% | +$132K |
|
1005
EnerSys
ENS
$7.06B
| $15.9M | 0.01% |
257,969
-3,470
| -1% | -$205K |
|
|
AXLL
1006
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $15.9M | 0.01% |
374,745
+1,801
| +0.5% | +$73.3K |
|
|
MSCC
1007
DELISTED
Microsemi Corp
MSCC
| $15.9M | 0.01% |
560,374
+9,120
| +2% | +$240K |
|
1008
MarketAxess Holdings
MKTX
$5.71B
| $15.9M | 0.01% |
221,655
-11,805
| -5% | -$777K |
|
1009
Pool Corp
POOL
$7.39B
| $15.9M | 0.01% |
249,912
+4,159
| +2% | +$246K |
|
1010
Viasat
VSAT
$11.9B
| $15.8M | 0.01% |
250,523
+10,970
| +5% | +$672K |
|
1011
Acadia Healthcare
ACHC
$2.95B
| $15.8M | 0.01% |
257,940
+5,010
| +2% | +$292K |
|
1012
Targa Resources
TRGP
$56.4B
| $15.7M | 0.01% |
147,978
+2,898
| +2% | +$335K |
|
1013
Genpact
G
$6.07B
| $15.7M | 0.01% |
828,114
-21,171
| -2% | -$373K |
|
1014
Unifirst Corp
UNF
$5.25B
| $15.7M | 0.01% |
128,989
-1,360
| -1% | -$148K |
|
1015
Compass Minerals
CMP
$1.25B
| $15.7M | 0.01% |
180,309
-17,095
| -9% | -$1.47M |
|
1016
Cousins Properties
CUZ
$5.09B
| $15.6M | 0.01% |
485,329
+3,702
| +0.8% | +$126K |
|
1017
Charles River Laboratories
CRL
$11.3B
| $15.6M | 0.01% |
245,790
-11,313
| -4% | -$709K |
|
|
FNGN
1018
DELISTED
Financial Engines, Inc.
FNGN
| $15.6M | 0.01% |
427,589
+125,955
| +42% | +$4.36M |
|
1019
Deckers Outdoor
DECK
$13.6B
| $15.6M | 0.01% |
1,029,636
+1,890
| +0.2% | +$28.8K |
|
1020
Euronet Worldwide
EEFT
$2.93B
| $15.6M | 0.01% |
283,518
+4,019
| +1% | +$214K |
|
1021
Acadia Pharmaceuticals
ACAD
$4.65B
| $15.5M | 0.01% |
489,316
+11,258
| +2% | +$319K |
|
|
QLIK
1022
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $15.5M | 0.01% |
502,066
+7,856
| +2% | +$224K |
|
|
RDC
1023
DELISTED
Rowan Companies Plc
RDC
| $15.5M | 0.01% |
664,103
+4,101
| +0.6% | +$94.7K |
|
|
ALR
1024
DELISTED
Alere Inc
ALR
| $15.5M | 0.01% |
407,538
+1,423
| +0.4% | +$54.9K |
|
1025
New Jersey Resources
NJR
$5.79B
| $15.4M | 0.01% |
504,240
+2,412
| +0.5% | +$68.6K |
|
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.