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 | |
|---|---|---|---|---|---|---|
1376
International Bancshares
IBOC
$4.76B
| $9.37M | 0.01% |
353,178
-3,860
| -1% | -$99.4K |
|
1377
Super Micro Computer
SMCI
$20.4B
| $9.35M | 0.01% |
2,681,420
-239,630
| -8% | -$748K |
|
|
TRLA
1378
DELISTED
TRULIA INC (DEL)
TRLA
| $9.35M | 0.01% |
203,103
+9,477
| +5% | +$445K |
|
1379
New York Times
NYT
$12.2B
| $9.34M | 0.01% |
706,499
+2,166
| +0.3% | +$27.9K |
|
|
CMRX
1380
DELISTED
Chimerix, Inc.
CMRX
| $9.33M | 0.01% |
231,761
+59,773
| +35% | +$2.02M |
|
1381
Delek US
DK
$4.02B
| $9.28M | 0.01% |
340,292
+3,094
| +0.9% | +$93.6K |
|
|
ANN
1382
DELISTED
ANN INC
ANN
| $9.25M | 0.01% |
253,555
+2,737
| +1% | +$103K |
|
1383
FirstCash
FCFS
$9.32B
| $9.25M | 0.01% |
166,137
+1,717
| +1% | +$97.3K |
|
|
EVER
1384
DELISTED
Everbank Financial Corp
EVER
| $9.24M | 0.01% |
485,006
+2,298
| +0.5% | +$42.8K |
|
1385
Franklin Electric
FELE
$4.86B
| $9.23M | 0.01% |
245,840
+17,426
| +8% | +$643K |
|
1386
EPAM Systems
EPAM
$5.73B
| $9.2M | 0.01% |
192,745
+42,783
| +29% | +$2.02M |
|
|
RWT
1387
Redwood Trust
RWT
$583M
| $9.19M | 0.01% |
466,472
+12,933
| +3% | +$243K |
|
1388
GoPro
GPRO
$131M
| $9.18M | 0.01% |
145,171
+50,090
| +53% | +$3.69M |
|
|
AEC
1389
DELISTED
ASSOCIATED ESTATES REALTY CORP
AEC
| $9.13M | 0.01% |
393,415
+2,917
| +0.7% | +$60.3K |
|
1390
Huron Consulting
HURN
$2.41B
| $9.13M | 0.01% |
133,483
+1,861
| +1% | +$124K |
|
|
ENV
1391
DELISTED
ENVESTNET, INC.
ENV
| $9.12M | 0.01% |
185,654
+20,499
| +12% | +$963K |
|
|
COHR
1392
DELISTED
Coherent Inc
COHR
| $9.12M | 0.01% |
150,175
+11,105
| +8% | +$657K |
|
|
MTGE
1393
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $9.12M | 0.01% |
483,925
+98,391
| +26% | +$1.93M |
|
|
SFLY
1394
DELISTED
Shutterfly, Inc.
SFLY
| $9.11M | 0.01% |
218,574
+1,573
| +0.7% | +$67K |
|
|
RYL
1395
DELISTED
RYLAND GROUP INC
RYL
| $9.09M | 0.01% |
235,708
+738
| +0.3% | +$26.8K |
|
|
ASNA
1396
DELISTED
Ascena Retail Group, Inc.
ASNA
| $9.09M | 0.01% |
36,167
+803
| +2% | +$199K |
|
|
DWA
1397
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $9.08M | 0.01% |
406,791
+17,733
| +5% | +$401K |
|
1398
CVB Financial
CVBF
$4.09B
| $9.07M | 0.01% |
566,099
+37,610
| +7% | +$572K |
|
1399
Mine Safety
MSA
$7.42B
| $9.07M | 0.01% |
170,775
+1,159
| +0.7% | +$61.3K |
|
|
RFP
1400
DELISTED
Resolute Forest Products Inc.
RFP
| $9.05M | 0.01% |
514,158
+2,314
| +0.5% | +$40.4K |
|
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.