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 | |
|---|---|---|---|---|---|---|
|
FCH
1351
DELISTED
Felcor Lodging Trust
FCH
| $9.68M | 0.01% |
894,920
-36,255
| -4% | -$372K |
|
|
RPT
1352
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.67M | 0.01% |
516,092
+29,953
| +6% | +$523K |
|
|
CSOD
1353
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $9.67M | 0.01% |
274,646
+4,767
| +2% | +$157K |
|
|
HPP
1354
Hudson Pacific Properties
HPP
$750M
| $9.66M | 0.01% |
45,911
+3,664
| +9% | +$709K |
|
1355
Empire State Realty Trust
ESRT
$848M
| $9.65M | 0.01% |
549,169
+400
| +0.1% | +$6.51K |
|
1356
Enerpac Tool Group
EPAC
$1.9B
| $9.65M | 0.01% |
354,358
-21,537
| -6% | -$643K |
|
1357
Comscore
SCOR
$117M
| $9.62M | 0.01% |
10,361
+879
| +9% | +$737K |
|
|
CATM
1358
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $9.59M | 0.01% |
248,653
-19,681
| -7% | -$732K |
|
1359
Cogent Communications
CCOI
$672M
| $9.58M | 0.01% |
270,638
+4,242
| +2% | +$142K |
|
1360
Olin
OLN
$2.16B
| $9.53M | 0.01% |
418,733
+3,238
| +0.8% | +$78.8K |
|
1361
Celldex Therapeutics
CLDX
$3.06B
| $9.53M | 0.01% |
34,823
+905
| +3% | +$225K |
|
|
SONC
1362
DELISTED
Sonic Corp
SONC
| $9.52M | 0.01% |
349,753
+4,324
| +1% | +$110K |
|
1363
Neurocrine Biosciences
NBIX
$17B
| $9.52M | 0.01% |
426,208
+10,535
| +3% | +$200K |
|
|
SWC
1364
DELISTED
Stillwater Mining Co
SWC
| $9.52M | 0.01% |
646,017
+3,288
| +0.5% | +$45.1K |
|
1365
Forward Air
FWRD
$476M
| $9.52M | 0.01% |
188,973
+2,780
| +1% | +$133K |
|
|
ICON
1366
DELISTED
Iconix Brand Group, Inc.
ICON
| $9.52M | 0.01% |
28,167
+856
| +3% | +$324K |
|
|
SNBR
1367
DELISTED
Sleep Number
SNBR
| $9.51M | 0.01% |
351,801
+32,517
| +10% | +$810K |
|
|
EE
1368
DELISTED
El Paso Electric Company
EE
| $9.47M | 0.01% |
236,406
+1,430
| +0.6% | +$54.2K |
|
1369
RLI Corp
RLI
$5.66B
| $9.45M | 0.01% |
382,688
+6,058
| +2% | +$143K |
|
|
SCS
1370
DELISTED
Steelcase
SCS
| $9.44M | 0.01% |
525,670
+104,969
| +25% | +$1.81M |
|
|
CMO
1371
DELISTED
Capstead Mortgage Corp.
CMO
| $9.43M | 0.01% |
767,550
+23,535
| +3% | +$299K |
|
|
AUXL
1372
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $9.42M | 0.01% |
274,080
+16,558
| +6% | +$540K |
|
1373
Vishay Intertechnology
VSH
$5.93B
| $9.42M | 0.01% |
665,818
+4,271
| +0.6% | +$58.6K |
|
|
RGC
1374
DELISTED
Regal Entertainment Group
RGC
| $9.42M | 0.01% |
441,055
+4,541
| +1% | +$95.7K |
|
|
LNCE
1375
DELISTED
Snyders-Lance, Inc.
LNCE
| $9.4M | 0.01% |
307,656
+14,777
| +5% | +$429K |
|
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.