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 | |
|---|---|---|---|---|---|---|
1251
Applied Industrial Technologies
AIT
$13.2B
| $10.9M | 0.01% |
238,816
+1,823
| +0.8% | +$85.1K |
|
1252
CACI
CACI
$11.6B
| $10.9M | 0.01% |
126,323
+9,887
| +8% | +$805K |
|
|
BLUE
1253
DELISTED
bluebird bio
BLUE
| $10.9M | 0.01% |
9,161
+668
| +8% | +$446K |
|
|
ADVS
1254
DELISTED
Advent Software Inc
ADVS
| $10.8M | 0.01% |
353,979
-17
| -0% | -$543 |
|
1255
Ciena
CIEN
$58.2B
| $10.8M | 0.01% |
558,651
-3,341
| -0.6% | -$55.8K |
|
1256
Boise Cascade
BCC
$3.04B
| $10.8M | 0.01% |
291,649
+73,584
| +34% | +$2.53M |
|
|
PMCS
1257
DELISTED
P M C SIERRA INC
PMCS
| $10.8M | 0.01% |
1,181,839
+100,022
| +9% | +$792K |
|
1258
ArcBest
ARCB
$3.23B
| $10.8M | 0.01% |
233,447
+11,598
| +5% | +$471K |
|
1259
Semtech
SMTC
$12B
| $10.8M | 0.01% |
391,640
+9,200
| +2% | +$235K |
|
1260
Papa John's
PZZA
$1.01B
| $10.8M | 0.01% |
193,255
+773
| +0.4% | +$37.9K |
|
1261
Aramark
ARMK
$14.8B
| $10.8M | 0.01% |
479,013
+16,340
| +4% | +$334K |
|
|
SVU
1262
DELISTED
SUPERVALU Inc.
SVU
| $10.7M | 0.01% |
158,278
+7,045
| +5% | +$440K |
|
1263
Lithia Motors
LAD
$8.16B
| $10.7M | 0.01% |
123,889
+760
| +0.6% | +$58.9K |
|
|
MDCO
1264
DELISTED
Medicines Co
MDCO
| $10.7M | 0.01% |
387,891
+6,816
| +2% | +$169K |
|
|
CSG
1265
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $10.7M | 0.01% |
1,330,344
+9,960
| +0.8% | +$79.6K |
|
1266
Dolby
DLB
$5.73B
| $10.7M | 0.01% |
248,610
-15,123
| -6% | -$642K |
|
1267
Spectrum Brands
SPB
$2.09B
| $10.7M | 0.01% |
111,967
+507
| +0.5% | +$46.1K |
|
1268
First Citizens BancShares
FCNCA
$25.6B
| $10.7M | 0.01% |
42,318
+756
| +2% | +$184K |
|
|
ABCO
1269
DELISTED
Advisory Board Co
ABCO
| $10.7M | 0.01% |
218,270
+18,039
| +9% | +$849K |
|
1270
Andersons Inc
ANDE
$2.54B
| $10.7M | 0.01% |
200,774
+3,351
| +2% | +$189K |
|
|
MINI
1271
DELISTED
Mobile Mini Inc
MINI
| $10.6M | 0.01% |
262,838
+20,635
| +9% | +$834K |
|
1272
Rollins
ROL
$18.2B
| $10.6M | 0.01% |
1,084,533
-117,122
| -10% | -$1.09M |
|
|
QLGC
1273
DELISTED
QLOGIC CORP
QLGC
| $10.6M | 0.01% |
797,289
+59,690
| +8% | +$679K |
|
1274
Entegris
ENTG
$22B
| $10.6M | 0.01% |
803,308
+14,781
| +2% | +$190K |
|
1275
Haemonetics
HAE
$3.88B
| $10.6M | 0.01% |
282,713
+2,129
| +0.8% | +$78K |
|
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.