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 | |
|---|---|---|---|---|---|---|
1401
Globus Medical
GMED
$10.9B
| $9.04M | 0.01% |
380,105
+17,257
| +5% | +$382K |
|
1402
La-Z-Boy
LZB
$1.67B
| $9.03M | 0.01% |
336,578
-5,652
| -2% | -$134K |
|
|
ROIC
1403
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $8.99M | 0.01% |
535,360
+45,423
| +9% | +$731K |
|
|
ORB
1404
DELISTED
ORBITAL SCIENCES CORP
ORB
| $8.99M | 0.01% |
334,239
+756
| +0.2% | +$20K |
|
1405
Gentherm
THRM
$1.27B
| $8.99M | 0.01% |
245,420
-22,107
| -8% | -$865K |
|
|
AIRM
1406
DELISTED
Air Methods Corp
AIRM
| $8.98M | 0.01% |
203,937
+3,742
| +2% | +$175K |
|
1407
Worthington Enterprises
WOR
$2.82B
| $8.98M | 0.01% |
484,037
+22,967
| +5% | +$508K |
|
1408
Power Integrations
POWI
$3.49B
| $8.97M | 0.01% |
346,868
+4,448
| +1% | +$113K |
|
1409
Nexstar Media Group
NXST
$5.92B
| $8.97M | 0.01% |
173,210
+3,196
| +2% | +$148K |
|
1410
Interactive Brokers
IBKR
$38.9B
| $8.94M | 0.01% |
1,226,900
+99,972
| +9% | +$669K |
|
1411
Strategy Inc
MSTR
$34.7B
| $8.92M | 0.01% |
549,450
+11,430
| +2% | +$181K |
|
|
SHLD
1412
DELISTED
Sears Holding Corporation
SHLD
| $8.92M | 0.01% |
270,565
+14,175
| +6% | +$465K |
|
1413
Plexus
PLXS
$7.28B
| $8.91M | 0.01% |
216,232
+7,035
| +3% | +$274K |
|
1414
TFS Financial
TFSL
$5.19B
| $8.9M | 0.01% |
597,886
+19,053
| +3% | +$282K |
|
1415
WD-40
WDFC
$3.06B
| $8.88M | 0.01% |
104,426
+1,069
| +1% | +$81.3K |
|
|
FRGI
1416
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $8.85M | 0.01% |
145,588
+2,400
| +2% | +$132K |
|
1417
Green Plains
GPRE
$1.18B
| $8.85M | 0.01% |
357,045
+53,403
| +18% | +$1.6M |
|
1418
LiveRamp
RAMP
$2.31B
| $8.83M | 0.01% |
435,778
-16,792
| -4% | -$314K |
|
|
ATW
1419
DELISTED
Atwood Oceanics
ATW
| $8.82M | 0.01% |
310,870
+5,650
| +2% | +$201K |
|
1420
Columbia Banking Systems
COLB
$9.04B
| $8.82M | 0.01% |
319,361
+17,871
| +6% | +$481K |
|
1421
B&G Foods
BGS
$287M
| $8.8M | 0.01% |
294,396
+2,235
| +0.8% | +$64.9K |
|
|
LOCK
1422
DELISTED
LifeLock, Inc.
LOCK
| $8.79M | 0.01% |
474,705
-123,924
| -21% | -$2.04M |
|
|
IGTE
1423
DELISTED
IGATE CORPORATION
IGTE
| $8.78M | 0.01% |
222,429
+19,472
| +10% | +$700K |
|
1424
RBC Bearings
RBC
$18.1B
| $8.77M | 0.01% |
135,848
+2,844
| +2% | +$173K |
|
1425
Scansource
SCSC
$1.19B
| $8.76M | 0.01% |
218,200
-2,123
| -1% | -$79.7K |
|
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.