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 | |
|---|---|---|---|---|---|---|
1076
Dine Brands
DIN
$458M
| $14M | 0.01% |
134,960
+18,481
| +16% | +$1.71M |
|
|
HRC
1077
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $14M | 0.01% |
306,216
-16,255
| -5% | -$720K |
|
1078
U-Haul Holding Co
UHAL
$14B
| $13.9M | 0.01% |
490,470
+18,640
| +4% | +$505K |
|
1079
Boston Beer
SAM
$1.94B
| $13.9M | 0.01% |
48,031
+290
| +0.6% | +$73.5K |
|
1080
GATX Corp
GATX
$6.37B
| $13.9M | 0.01% |
241,394
+1,107
| +0.5% | +$65.8K |
|
1081
ScottsMiracle-Gro
SMG
$3.97B
| $13.9M | 0.01% |
222,790
-2,457
| -1% | -$146K |
|
1082
NorthWestern Energy
NWE
$4.24B
| $13.9M | 0.01% |
245,044
+24,772
| +11% | +$1.29M |
|
1083
Hancock Whitney
HWC
$6.26B
| $13.8M | 0.01% |
450,291
+10,729
| +2% | +$349K |
|
|
CLNY
1084
DELISTED
Colony Capital, Inc.
CLNY
| $13.7M | 0.01% |
577,033
+3,115
| +0.5% | +$72.5K |
|
|
SWFT
1085
DELISTED
Swift Transportation Company
SWFT
| $13.7M | 0.01% |
478,893
-31,186
| -6% | -$796K |
|
1086
Burlington
BURL
$23.2B
| $13.6M | 0.01% |
288,065
+38,971
| +16% | +$1.66M |
|
1087
Clean Harbors
CLH
$16.4B
| $13.6M | 0.01% |
282,781
+1,020
| +0.4% | +$49.7K |
|
1088
Wendy's
WEN
$1.43B
| $13.6M | 0.01% |
1,504,172
+23,635
| +2% | +$200K |
|
|
AWAY
1089
DELISTED
HOMEAWAY INC COM
AWAY
| $13.6M | 0.01% |
455,773
+42,371
| +10% | +$1.34M |
|
|
CVA
1090
DELISTED
Covanta Holding Corporation
CVA
| $13.6M | 0.01% |
616,371
-1,896
| -0.3% | -$42.7K |
|
|
PRA
1091
DELISTED
ProAssurance
PRA
| $13.6M | 0.01% |
300,367
+413
| +0.1% | +$18.9K |
|
1092
ACI Worldwide
ACIW
$5.83B
| $13.6M | 0.01% |
672,144
+9,097
| +1% | +$173K |
|
1093
Texas Capital Bancshares
TCBI
$4.4B
| $13.5M | 0.01% |
248,933
+17,938
| +8% | +$1.02M |
|
|
POLY
1094
DELISTED
Plantronics, Inc.
POLY
| $13.5M | 0.01% |
254,213
+1,534
| +0.6% | +$77.1K |
|
1095
Cheesecake Factory
CAKE
$5.21B
| $13.5M | 0.01% |
267,721
+4,047
| +2% | +$191K |
|
1096
Nu Skin
NUS
$259M
| $13.5M | 0.01% |
307,944
+14,746
| +5% | +$651K |
|
|
CIE
1097
DELISTED
Cobalt International Energy, Inc
CIE
| $13.4M | 0.01% |
100,549
+372
| +0.4% | +$56.6K |
|
1098
Herbalife
HLF
$1.32B
| $13.4M | 0.01% |
711,036
-58,630
| -8% | -$1.26M |
|
1099
Myriad Genetics
MYGN
$289M
| $13.4M | 0.01% |
393,312
+5,482
| +1% | +$195K |
|
|
MBFI
1100
DELISTED
MB Financial Corp
MBFI
| $13.4M | 0.01% |
407,124
+32,067
| +9% | +$977K |
|
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.