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 | |
|---|---|---|---|---|---|---|
|
ALEX
1326
DELISTED
Alexander & Baldwin
ALEX
| $10M | 0.01% |
255,685
+3,792
| +2% | +$144K |
|
|
CMD
1327
DELISTED
Cantel Medical Corporation
CMD
| $10M | 0.01% |
232,013
-1,482
| -0.6% | -$60.5K |
|
1328
Tetra Tech
TTEK
$8.97B
| $10M | 0.01% |
1,879,110
+26,110
| +1% | +$137K |
|
1329
SouthState Bank Corp
SSB
$10.6B
| $10M | 0.01% |
149,537
+4,365
| +3% | +$268K |
|
|
DF
1330
DELISTED
Dean Foods Company
DF
| $9.95M | 0.01% |
513,450
+2,369
| +0.5% | +$37.7K |
|
|
TFCF
1331
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $9.94M | 0.01% |
270,784
+55,923
| +26% | +$1.91M |
|
|
TFM
1332
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $9.94M | 0.01% |
241,284
+3,348
| +1% | +$127K |
|
1333
WisdomTree
WT
$3.42B
| $9.9M | 0.01% |
631,582
-38,465
| -6% | -$535K |
|
1334
Credit Acceptance
CACC
$6.15B
| $9.89M | 0.01% |
72,519
-2,555
| -3% | -$361K |
|
1335
FTI Consulting
FCN
$4.34B
| $9.89M | 0.01% |
256,048
+716
| +0.3% | +$27.2K |
|
1336
Rithm Capital
RITM
$5.72B
| $9.89M | 0.01% |
774,196
+21,698
| +3% | +$274K |
|
|
GK
1337
DELISTED
G&K Services Inc
GK
| $9.88M | 0.01% |
139,455
+1,682
| +1% | +$107K |
|
1338
Itron
ITRI
$4.65B
| $9.88M | 0.01% |
233,557
+3,176
| +1% | +$127K |
|
1339
Cirrus Logic
CRUS
$6.74B
| $9.84M | 0.01% |
417,469
+6,003
| +1% | +$121K |
|
|
HT
1340
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $9.79M | 0.01% |
348,305
+21,506
| +7% | +$609K |
|
|
HTS
1341
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $9.78M | 0.01% |
530,798
+6,689
| +1% | +$126K |
|
|
HF
1342
DELISTED
HFF Inc.
HF
| $9.77M | 0.01% |
271,863
+4,882
| +2% | +$159K |
|
|
LL
1343
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.75M | 0.01% |
147,048
+2,195
| +2% | +$127K |
|
|
DWRE
1344
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $9.75M | 0.01% |
169,382
+684
| +0.4% | +$38.5K |
|
|
IMS
1345
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $9.73M | 0.01% |
379,682
+141
| +0% | +$3.56K |
|
|
PFPT
1346
DELISTED
Proofpoint, Inc.
PFPT
| $9.73M | 0.01% |
201,762
+31,361
| +18% | +$1.34M |
|
|
CLVS
1347
DELISTED
Clovis Oncology, Inc.
CLVS
| $9.73M | 0.01% |
173,699
+6,145
| +4% | +$323K |
|
|
GOV
1348
DELISTED
Government Properties Income Trust
GOV
| $9.73M | 0.01% |
422,717
-3,935
| -0.9% | -$89.9K |
|
1349
BOK Financial
BOKF
$8.79B
| $9.7M | 0.01% |
161,584
+4,864
| +3% | +$314K |
|
1350
J&J Snack Foods
JJSF
$1.47B
| $9.7M | 0.01% |
89,185
-990
| -1% | -$101K |
|
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.