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 | |
|---|---|---|---|---|---|---|
1176
Molina Healthcare
MOH
$9.99B
| $11.9M | 0.01% |
223,141
+30,352
| +16% | +$1.47M |
|
|
DGI
1177
DELISTED
DigitalGlobe Inc.
DGI
| $11.9M | 0.01% |
384,104
+1,832
| +0.5% | +$51.6K |
|
|
PSB
1178
DELISTED
PS Business Parks, Inc.
PSB
| $11.9M | 0.01% |
149,497
+5,652
| +4% | +$455K |
|
1179
Valley National Bancorp
VLY
$8.23B
| $11.8M | 0.01% |
1,220,439
+131,287
| +12% | +$1.27M |
|
|
GEVA
1180
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $11.8M | 0.01% |
127,652
+5,011
| +4% | +$395K |
|
1181
Teekay
TK
$977M
| $11.8M | 0.01% |
231,809
+31,141
| +16% | +$1.69M |
|
1182
PBF Energy
PBF
$7.81B
| $11.8M | 0.01% |
441,719
-29,113
| -6% | -$758K |
|
|
NYRT
1183
DELISTED
New York REIT, Inc.
NYRT
| $11.8M | 0.01% |
111,009
+271
| +0.2% | +$29.5K |
|
1184
Helix Energy Solutions
HLX
$1.41B
| $11.8M | 0.01% |
541,481
-2,906
| -0.5% | -$69.1K |
|
|
BCPC
1185
Balchem Corp
BCPC
$5.57B
| $11.7M | 0.01% |
176,286
-17,296
| -9% | -$1.08M |
|
1186
Bruker
BRKR
$7.66B
| $11.7M | 0.01% |
598,434
+28,868
| +5% | +$556K |
|
|
VRE
1187
DELISTED
Veris Residential
VRE
| $11.7M | 0.01% |
614,490
+6,632
| +1% | +$127K |
|
|
LTM
1188
DELISTED
LIFE TIME FITNESS INC
LTM
| $11.7M | 0.01% |
206,765
-5,990
| -3% | -$321K |
|
|
EFII
1189
DELISTED
Electronics for Imaging
EFII
| $11.7M | 0.01% |
273,147
+5,019
| +2% | +$219K |
|
1190
Five Below
FIVE
$12.3B
| $11.7M | 0.01% |
286,488
+16,797
| +6% | +$680K |
|
1191
Blackbaud
BLKB
$2.07B
| $11.7M | 0.01% |
270,296
+15,691
| +6% | +$662K |
|
1192
Mercury Insurance
MCY
$5.9B
| $11.7M | 0.01% |
206,185
+12,157
| +6% | +$651K |
|
|
AEL
1193
DELISTED
American Equity Investment Life Holding Company
AEL
| $11.7M | 0.01% |
399,890
+2,464
| +0.6% | +$64.1K |
|
|
HLSS
1194
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $11.7M | 0.01% |
597,651
+81,560
| +16% | +$1.62M |
|
|
DBD
1195
DELISTED
Diebold Nixdorf Incorporated
DBD
| $11.6M | 0.01% |
335,599
+3,026
| +0.9% | +$107K |
|
1196
Cal-Maine
CALM
$3.98B
| $11.6M | 0.01% |
297,715
+27,237
| +10% | +$1.16M |
|
|
CHMT
1197
DELISTED
Chemtura Corporation
CHMT
| $11.6M | 0.01% |
469,728
-46,416
| -9% | -$1.08M |
|
|
NAV
1198
DELISTED
Navistar International
NAV
| $11.6M | 0.01% |
346,932
+2,653
| +0.8% | +$91.4K |
|
|
SYNT
1199
DELISTED
Syntel Inc
SYNT
| $11.6M | 0.01% |
257,912
+14,198
| +6% | +$623K |
|
1200
Nektar Therapeutics
NKTR
$2.46B
| $11.6M | 0.01% |
49,888
+805
| +2% | +$172K |
|
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.