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 | |
|---|---|---|---|---|---|---|
1151
American States Water
AWR
$3.35B
| $12.6M | 0.01% |
333,630
+814
| +0.2% | +$28K |
|
|
SC
1152
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $12.5M | 0.01% |
639,054
+106,307
| +20% | +$1.95M |
|
|
ECHO
1153
EchoStar
ECHO
$26.6B
| $12.5M | 0.01% |
294,325
+3,516
| +1% | +$140K |
|
|
ALE
1154
DELISTED
Allete
ALE
| $12.5M | 0.01% |
226,411
+15,639
| +7% | +$800K |
|
|
DYAX
1155
DELISTED
DYAX CORPORATION
DYAX
| $12.4M | 0.01% |
883,608
+48,667
| +6% | +$609K |
|
1156
Louisiana-Pacific
LPX
$5.37B
| $12.4M | 0.01% |
749,956
+5,183
| +0.7% | +$77.5K |
|
|
PLCM
1157
DELISTED
POLYCOM INC
PLCM
| $12.4M | 0.01% |
919,163
+79,066
| +9% | +$1.01M |
|
|
CY
1158
DELISTED
Cypress Semiconductor
CY
| $12.4M | 0.01% |
868,797
+10,245
| +1% | +$113K |
|
1159
InterDigital
IDCC
$8.34B
| $12.4M | 0.01% |
234,433
+1,158
| +0.5% | +$55.8K |
|
|
NUVA
1160
DELISTED
NuVasive, Inc.
NUVA
| $12.4M | 0.01% |
262,819
+2,772
| +1% | +$116K |
|
|
WPX
1161
DELISTED
WPX Energy, Inc.
WPX
| $12.4M | 0.01% |
1,063,869
+9,351
| +0.9% | +$149K |
|
1162
LXP Industrial Trust
LXP
$3.57B
| $12.4M | 0.01% |
225,343
+1,442
| +0.6% | +$77.6K |
|
1163
Western Alliance Bancorporation
WAL
$9.2B
| $12.4M | 0.01% |
444,940
+25,389
| +6% | +$655K |
|
1164
Texas Roadhouse
TXRH
$13.7B
| $12.3M | 0.01% |
365,600
+34,507
| +10% | +$1.06M |
|
1165
ONE Gas
OGS
$4.85B
| $12.3M | 0.01% |
299,095
+25,240
| +9% | +$980K |
|
1166
Littelfuse
LFUS
$11.8B
| $12.3M | 0.01% |
127,404
+1,689
| +1% | +$157K |
|
|
TIVO
1167
DELISTED
Tivo Inc
TIVO
| $12.3M | 0.01% |
543,255
+8,336
| +2% | +$175K |
|
1168
Silgan Holdings
SLGN
$4.47B
| $12.2M | 0.01% |
456,600
+8,880
| +2% | +$223K |
|
1169
H.B. Fuller
FUL
$3.17B
| $12.2M | 0.01% |
274,776
+1,824
| +0.7% | +$76.6K |
|
|
IBKC
1170
DELISTED
IBERIABANK Corp
IBKC
| $12.2M | 0.01% |
188,495
+11,105
| +6% | +$723K |
|
|
CYBX
1171
DELISTED
CYBERONICS INC
CYBX
| $12.2M | 0.01% |
219,127
+32,373
| +17% | +$1.69M |
|
1172
Selective Insurance
SIGI
$5.76B
| $12.1M | 0.01% |
446,581
+47,221
| +12% | +$1.2M |
|
|
TPH
1173
DELISTED
Tri Pointe Homes
TPH
| $12.1M | 0.01% |
790,375
+5,380
| +0.7% | +$76.6K |
|
1174
Spire
SR
$4.7B
| $12M | 0.01% |
225,924
+1,338
| +0.6% | +$67.3K |
|
1175
XPO
XPO
$23.8B
| $12M | 0.01% |
847,129
+47,500
| +6% | +$627K |
|
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.