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 | |
|---|---|---|---|---|---|---|
1201
Steven Madden
SHOO
$3.58B
| $11.6M | 0.01% |
546,242
+44,931
| +9% | +$958K |
|
|
PPO
1202
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $11.6M | 0.01% |
245,964
+9,081
| +4% | +$412K |
|
1203
MBIA
MBI
$268M
| $11.6M | 0.01% |
1,212,134
-127,822
| -10% | -$1.23M |
|
|
CHSP
1204
DELISTED
Chesapeake Lodging Trust
CHSP
| $11.6M | 0.01% |
310,722
-2,632
| -0.8% | -$87.5K |
|
|
ACOR
1205
DELISTED
Acorda Therapeutics
ACOR
| $11.6M | 0.01% |
2,356
+29
| +1% | +$124K |
|
1206
MKS Inc
MKSI
$21.7B
| $11.6M | 0.01% |
315,641
+4,566
| +1% | +$161K |
|
|
HI
1207
DELISTED
Hillenbrand
HI
| $11.5M | 0.01% |
334,525
+2,346
| +0.7% | +$76.4K |
|
|
MTOR
1208
DELISTED
MERITOR, Inc.
MTOR
| $11.5M | 0.01% |
761,804
+233,025
| +44% | +$2.96M |
|
|
MDRX
1209
DELISTED
Veradigm Inc. Common Stock
MDRX
| $11.5M | 0.01% |
900,932
+52,533
| +6% | +$669K |
|
|
MASI
1210
DELISTED
Masimo
MASI
| $11.5M | 0.01% |
436,675
-2,047
| -0.5% | -$50.5K |
|
1211
Chemed
CHE
$7.05B
| $11.5M | 0.01% |
108,829
+6,066
| +6% | +$641K |
|
1212
Korn Ferry
KFY
$4.23B
| $11.5M | 0.01% |
399,368
+445
| +0.1% | +$12.1K |
|
1213
Cathay General Bancorp
CATY
$4.3B
| $11.5M | 0.01% |
448,272
+29,261
| +7% | +$742K |
|
|
TRAK
1214
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $11.5M | 0.01% |
258,891
+4,623
| +2% | +$206K |
|
|
EQY
1215
DELISTED
Equity One
EQY
| $11.4M | 0.01% |
451,170
+3,944
| +0.9% | +$94.3K |
|
1216
First Financial Bankshares
FFIN
$5.09B
| $11.4M | 0.01% |
763,048
+8,292
| +1% | +$124K |
|
|
MDP
1217
DELISTED
Meredith Corporation
MDP
| $11.4M | 0.01% |
209,644
+374
| +0.2% | +$18.7K |
|
1218
BGC Group
BGC
$5.25B
| $11.4M | 0.01% |
1,932,650
+104,363
| +6% | +$560K |
|
|
NSR
1219
DELISTED
Neustar Inc
NSR
| $11.3M | 0.01% |
408,090
+86,395
| +27% | +$2.27M |
|
|
WAGE
1220
DELISTED
WageWorks, Inc.
WAGE
| $11.3M | 0.01% |
175,653
+11,556
| +7% | +$644K |
|
1221
Sinclair Inc
SBGI
$1.01B
| $11.3M | 0.01% |
413,917
+1,037
| +0.3% | +$28.2K |
|
1222
Mueller Water Products
MWA
$4.16B
| $11.3M | 0.01% |
1,103,574
-30,806
| -3% | -$292K |
|
1223
Penske Automotive Group
PAG
$14.4B
| $11.3M | 0.01% |
230,203
+1,437
| +0.6% | +$65.6K |
|
|
KNGT
1224
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $11.3M | 0.01% |
335,437
+1,545
| +0.5% | +$52K |
|
|
CADE
1225
DELISTED
Cadence Bank
CADE
| $11.3M | 0.01% |
501,427
+3,690
| +0.7% | +$80.1K |
|
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.