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 | |
|---|---|---|---|---|---|---|
|
TECD
1101
DELISTED
Tech Data Corp
TECD
| $13.3M | 0.01% |
211,064
+3,967
| +2% | +$238K |
|
1102
Telephone and Data Systems
TDS
$4.07B
| $13.3M | 0.01% |
527,631
+1,569
| +0.3% | +$38.6K |
|
|
JNS
1103
DELISTED
Janus Capital Group Inc
JNS
| $13.3M | 0.01% |
825,356
-149,063
| -15% | -$2.24M |
|
|
UIL
1104
DELISTED
UIL HOLDINGS
UIL
| $13.3M | 0.01% |
305,605
+844
| +0.3% | +$34.3K |
|
|
USG
1105
DELISTED
Usg
USG
| $13.3M | 0.01% |
475,339
-7,805
| -2% | -$214K |
|
|
KS
1106
DELISTED
KapStone Paper and Pack Corp.
KS
| $13.3M | 0.01% |
453,837
+2,246
| +0.5% | +$65.3K |
|
1107
Fulton Financial
FULT
$4.76B
| $13.3M | 0.01% |
1,075,791
+11,529
| +1% | +$136K |
|
|
IPXL
1108
DELISTED
Impax Laboratories, Inc.
IPXL
| $13.2M | 0.01% |
417,807
+26,882
| +7% | +$787K |
|
|
CHS
1109
DELISTED
Chicos FAS, Inc.
CHS
| $13.2M | 0.01% |
814,740
+3,434
| +0.4% | +$52.6K |
|
1110
Fair Isaac
FICO
$22.6B
| $13.2M | 0.01% |
182,393
-4,252
| -2% | -$279K |
|
1111
UMB Financial
UMBF
$11.3B
| $13.2M | 0.01% |
231,768
+12,529
| +6% | +$706K |
|
1112
Avista
AVA
$3.28B
| $13.2M | 0.01% |
372,934
+38,631
| +12% | +$1.32M |
|
1113
EastGroup Properties
EGP
$11B
| $13.1M | 0.01% |
207,668
+10,658
| +5% | +$695K |
|
|
HMHC
1114
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $13.1M | 0.01% |
634,926
+79,223
| +14% | +$1.58M |
|
1115
WaFd
WAFD
$2.79B
| $13.1M | 0.01% |
593,254
+8,904
| +2% | +$191K |
|
|
SYA
1116
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $13.1M | 0.01% |
569,487
+34,750
| +6% | +$791K |
|
1117
Commault Systems
CVLT
$5.47B
| $13.1M | 0.01% |
253,859
+4,045
| +2% | +$194K |
|
|
ELME
1118
Elme Communities
ELME
$144M
| $13.1M | 0.01% |
474,169
+20,820
| +5% | +$566K |
|
1119
Asbury Automotive
ABG
$4B
| $13.1M | 0.01% |
172,537
+2,652
| +2% | +$190K |
|
|
TXNM
1120
TXNM Energy Inc
TXNM
$5.94B
| $13.1M | 0.01% |
441,879
+1,105
| +0.3% | +$31.3K |
|
|
MPT
1121
Medical Properties Trust
MPT
$2.78B
| $13.1M | 0.01% |
949,584
+2,762
| +0.3% | +$37K |
|
|
LGF
1122
DELISTED
Lions Gate Entertainment
LGF
| $13.1M | 0.01% |
408,441
+23,730
| +6% | +$775K |
|
|
OUTR
1123
DELISTED
OUTERWALL INC
OUTR
| $13.1M | 0.01% |
173,548
+52,291
| +43% | +$3.35M |
|
|
CEB
1124
DELISTED
CEB Inc.
CEB
| $13M | 0.01% |
179,796
+2,630
| +1% | +$181K |
|
|
MGLN
1125
DELISTED
Magellan Health Services, Inc.
MGLN
| $13M | 0.01% |
217,070
+4,162
| +2% | +$246K |
|
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.