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 | |
|---|---|---|---|---|---|---|
1126
Oil States International
OIS
$507M
| $13M | 0.01% |
266,058
-3,064
| -1% | -$166K |
|
1127
Bio-Rad Laboratories Class A
BIO
$8.91B
| $13M | 0.01% |
107,442
+642
| +0.6% | +$73.9K |
|
|
BRS
1128
DELISTED
Bristow Group, Inc.
BRS
| $12.9M | 0.01% |
196,768
+1,441
| +0.7% | +$97.4K |
|
1129
KBR
KBR
$4.77B
| $12.9M | 0.01% |
762,641
+173
| +0% | +$3.1K |
|
1130
SM Energy
SM
$7.44B
| $12.9M | 0.01% |
334,853
-36,318
| -10% | -$1.82M |
|
1131
Black Hills Corp
BKH
$5.5B
| $12.9M | 0.01% |
243,171
+12,526
| +5% | +$659K |
|
1132
Glacier Bancorp
GBCI
$6.63B
| $12.9M | 0.01% |
463,310
+23,260
| +5% | +$631K |
|
1133
National Health Investors
NHI
$3.61B
| $12.9M | 0.01% |
183,844
+18,254
| +11% | +$1.19M |
|
1134
American Eagle Outfitters
AEO
$3.03B
| $12.8M | 0.01% |
925,722
+21,058
| +2% | +$285K |
|
1135
Mueller Industries
MLI
$15.1B
| $12.8M | 0.01% |
1,503,508
-160,840
| -10% | -$1.27M |
|
|
MWIV
1136
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $12.8M | 0.01% |
75,514
+1,376
| +2% | +$220K |
|
1137
Patterson-UTI
PTEN
$3.83B
| $12.8M | 0.01% |
771,235
-92,988
| -11% | -$1.96M |
|
1138
Healthcare Services Group
HCSG
$1.59B
| $12.8M | 0.01% |
413,526
+6,791
| +2% | +$201K |
|
|
FSL
1139
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $12.8M | 0.01% |
506,617
+17,302
| +4% | +$360K |
|
1140
NETSCOUT
NTCT
$3.07B
| $12.8M | 0.01% |
349,241
+91,183
| +35% | +$3.44M |
|
|
ACH
1141
Accendra Health
ACH
$225M
| $12.7M | 0.01% |
362,125
+14,674
| +4% | +$494K |
|
1142
Grand Canyon Education
LOPE
$3.93B
| $12.7M | 0.01% |
272,274
+5,873
| +2% | +$262K |
|
1143
Thor Industries
THO
$4.16B
| $12.7M | 0.01% |
226,789
+1,231
| +0.5% | +$66.4K |
|
|
KLXI
1144
DELISTED
KLX Inc.
KLXI
| $12.7M | 0.01% |
+364,177
| New | +$12.8M |
|
|
CAB
1145
DELISTED
Cabela's Inc
CAB
| $12.6M | 0.01% |
239,938
+808
| +0.3% | +$42.5K |
|
1146
FNB Corp
FNB
$6.9B
| $12.6M | 0.01% |
948,982
+44,698
| +5% | +$562K |
|
|
MENT
1147
DELISTED
Mentor Graphics Corp
MENT
| $12.6M | 0.01% |
576,202
+12,271
| +2% | +$259K |
|
1148
Opko Health
OPK
$978M
| $12.6M | 0.01% |
1,263,013
+62,703
| +5% | +$537K |
|
1149
Element Solutions
ESI
$9.48B
| $12.6M | 0.01% |
541,717
+110,243
| +26% | +$2.73M |
|
1150
Ally Financial
ALLY
$13.7B
| $12.6M | 0.01% |
533,377
+9,460
| +2% | +$214K |
|
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.