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 | |
|---|---|---|---|---|---|---|
|
ESGR
1301
DELISTED
Enstar Group
ESGR
| $10.3M | 0.01% |
67,458
+3,031
| +5% | +$439K |
|
1302
Prestige Consumer Healthcare
PBH
$2.46B
| $10.3M | 0.01% |
296,477
+2,372
| +0.8% | +$78.7K |
|
1303
Watts Water Technologies
WTS
$12B
| $10.3M | 0.01% |
162,043
+340
| +0.2% | +$20.7K |
|
|
LTRPA
1304
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.3M | 0.01% |
382,152
+1,266
| +0.3% | +$35.1K |
|
|
KW
1305
DELISTED
Kennedy-Wilson Holdings
KW
| $10.3M | 0.01% |
406,160
+17,056
| +4% | +$439K |
|
1306
Post Holdings
POST
$4.11B
| $10.3M | 0.01% |
374,811
+26,522
| +8% | +$655K |
|
|
NTUS
1307
DELISTED
Natus Medical Inc
NTUS
| $10.3M | 0.01% |
284,888
+9,645
| +4% | +$324K |
|
|
AFSI
1308
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $10.2M | 0.01% |
364,070
-30,748
| -8% | -$773K |
|
1309
Omnicell
OMCL
$1.69B
| $10.2M | 0.01% |
307,978
-9,770
| -3% | -$302K |
|
1310
MillerKnoll
MLKN
$1.66B
| $10.2M | 0.01% |
346,478
+8,867
| +3% | +$270K |
|
|
PKY
1311
DELISTED
Parkway, Inc.
PKY
| $10.2M | 0.01% |
552,913
+42,822
| +8% | +$816K |
|
|
PTP
1312
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $10.2M | 0.01% |
138,450
-25,506
| -16% | -$1.69M |
|
|
CTCT
1313
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $10.2M | 0.01% |
276,805
+2,843
| +1% | +$93.2K |
|
1314
Monro
MNRO
$410M
| $10.1M | 0.01% |
175,551
+2,875
| +2% | +$153K |
|
1315
Evercore
EVR
$12.4B
| $10.1M | 0.01% |
193,726
-62,911
| -25% | -$3.15M |
|
1316
Trustmark
TRMK
$2.82B
| $10.1M | 0.01% |
413,196
+7,358
| +2% | +$175K |
|
|
JCP
1317
DELISTED
J.C. Penney Company, Inc.
JCP
| $10.1M | 0.01% |
1,564,727
+7,313
| +0.5% | +$53.7K |
|
|
ZNGA
1318
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $10.1M | 0.01% |
3,808,312
+88,421
| +2% | +$224K |
|
|
ESND
1319
DELISTED
Essendant Inc.
ESND
| $10.1M | 0.01% |
240,199
+8,243
| +4% | +$336K |
|
1320
Pricesmart
PSMT
$5.97B
| $10.1M | 0.01% |
110,954
+8,155
| +8% | +$737K |
|
|
CYS
1321
DELISTED
CYS Investments Inc.
CYS
| $10.1M | 0.01% |
1,160,021
+99,611
| +9% | +$891K |
|
|
CRZO
1322
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $10.1M | 0.01% |
242,472
+14,691
| +6% | +$660K |
|
1323
Kemper
KMPR
$1.73B
| $10.1M | 0.01% |
279,209
+8,732
| +3% | +$308K |
|
1324
Commercial Metals
CMC
$8.03B
| $10.1M | 0.01% |
618,608
+4,617
| +0.8% | +$74.7K |
|
|
ICPT
1325
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $10.1M | 0.01% |
64,427
+2,077
| +3% | +$384K |
|
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.