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 | |
|---|---|---|---|---|---|---|
|
TIME
1026
DELISTED
Time Inc.
TIME
| $15.4M | 0.01% |
626,123
+34,141
| +6% | +$772K |
|
1027
Watsco Inc
WSO
$13.8B
| $15.4M | 0.01% |
143,807
+622
| +0.4% | +$61.8K |
|
1028
Bank OZK
OZK
$5.7B
| $15.4M | 0.01% |
405,002
+22,841
| +6% | +$797K |
|
|
DFT
1029
DELISTED
DuPont Fabros Technology Inc.
DFT
| $15.4M | 0.01% |
461,886
+2,876
| +0.6% | +$89.3K |
|
|
CTB
1030
DELISTED
Cooper Tire & Rubber Co.
CTB
| $15.3M | 0.01% |
440,610
+55,260
| +14% | +$1.74M |
|
|
THOR
1031
DELISTED
THORATEC CORPORATION
THOR
| $15.2M | 0.01% |
469,296
-5,269
| -1% | -$153K |
|
1032
First Industrial Realty Trust
FR
$8.5B
| $15.2M | 0.01% |
740,409
+57,251
| +8% | +$1.1M |
|
|
CLGX
1033
DELISTED
Corelogic, Inc.
CLGX
| $15.2M | 0.01% |
480,747
+3,773
| +0.8% | +$115K |
|
|
IRDMB
1034
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
IRF
1035
DELISTED
INTL RECTIFIER CORP
IRF
| $15.2M | 0.01% |
380,276
-12,363
| -3% | -$491K |
|
|
WGL
1036
DELISTED
Wgl Holdings
WGL
| $15.2M | 0.01% |
277,521
+1,554
| +0.6% | +$75.3K |
|
|
BIG
1037
DELISTED
Big Lots, Inc.
BIG
| $15.2M | 0.01% |
378,752
+77,211
| +26% | +$3.43M |
|
1038
Zurn Elkay Water Solutions
ZWS
$8.82B
| $15.1M | 0.01% |
1,113,714
+76,987
| +7% | +$1.02M |
|
1039
Bankunited
BKU
$3.46B
| $15.1M | 0.01% |
521,040
+2,046
| +0.4% | +$60.4K |
|
1040
Manitowoc
MTW
$519M
| $15.1M | 0.01% |
754,025
-3,545
| -0.5% | -$64.3K |
|
1041
Kennametal
KMT
$2.75B
| $15M | 0.01% |
419,913
+6,974
| +2% | +$266K |
|
1042
United Bankshares
UBSI
$6.76B
| $15M | 0.01% |
401,252
+16,698
| +4% | +$574K |
|
1043
Liberty Broadband Class C
LBRDK
$5.17B
| $15M | 0.01% |
+301,405
| New | +$14.8M |
|
1044
Webster Financial
WBS
$12.6B
| $15M | 0.01% |
461,513
+2,959
| +0.6% | +$91.5K |
|
1045
HNI Corp
HNI
$3.49B
| $15M | 0.01% |
294,039
+19,841
| +7% | +$895K |
|
|
SCTY
1046
DELISTED
SolarCity Corporation
SCTY
| $15M | 0.01% |
280,101
+14,114
| +5% | +$758K |
|
1047
Sanmina
SANM
$11.1B
| $15M | 0.01% |
636,139
+42,771
| +7% | +$978K |
|
|
CNW
1048
DELISTED
CON-WAY INC.
CNW
| $14.9M | 0.01% |
303,968
+1,872
| +0.6% | +$86.5K |
|
1049
Kite Realty
KRG
$5.59B
| $14.9M | 0.01% |
516,870
+3,997
| +0.8% | +$106K |
|
1050
Leidos
LDOS
$16.4B
| $14.8M | 0.01% |
340,956
+567
| +0.2% | +$22.2K |
|
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.