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 | |
|---|---|---|---|---|---|---|
1501
Tronox
TROX
$909M
| $8M | ﹤0.01% |
334,940
+2,412
| +0.7% | +$55.9K |
|
|
CRAY
1502
DELISTED
Cray, Inc.
CRAY
| $7.98M | ﹤0.01% |
231,449
+6,569
| +3% | +$209K |
|
1503
HUB Group
HUBG
$2.83B
| $7.97M | ﹤0.01% |
418,868
+4,954
| +1% | +$92.1K |
|
1504
Matsons
MATX
$6.28B
| $7.96M | ﹤0.01% |
230,513
+2,012
| +0.9% | +$61.7K |
|
1505
MannKind Corp
MNKD
$1.17B
| $7.96M | ﹤0.01% |
305,206
+22,152
| +8% | +$625K |
|
1506
Community Bank
CBU
$3.5B
| $7.94M | ﹤0.01% |
208,343
+922
| +0.4% | +$33.8K |
|
1507
Artisan Partners
APAM
$2.99B
| $7.94M | ﹤0.01% |
157,069
-29,498
| -16% | -$1.47M |
|
1508
TriMas Corp
TRS
$1.45B
| $7.91M | ﹤0.01% |
317,253
+15,747
| +5% | +$372K |
|
1509
Agios Pharmaceuticals
AGIO
$1.82B
| $7.9M | ﹤0.01% |
70,502
+9,102
| +15% | +$813K |
|
|
CNSL
1510
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $7.89M | ﹤0.01% |
283,647
+42,538
| +18% | +$1.13M |
|
|
AYR
1511
DELISTED
Aircastle Ltd
AYR
| $7.87M | ﹤0.01% |
368,230
+19,871
| +6% | +$386K |
|
1512
Usana Health Sciences
USNA
$422M
| $7.84M | ﹤0.01% |
152,890
+66,518
| +77% | +$3.27M |
|
1513
Northwest Natural Holdings
NWN
$2.06B
| $7.83M | ﹤0.01% |
156,923
+1,106
| +0.7% | +$51.5K |
|
|
EXAM
1514
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $7.82M | ﹤0.01% |
188,076
+1,268
| +0.7% | +$48.4K |
|
|
MRC
1515
DELISTED
MRC Global
MRC
| $7.82M | ﹤0.01% |
516,000
+6,959
| +1% | +$135K |
|
1516
Hilltop Holdings
HTH
$2.28B
| $7.81M | ﹤0.01% |
391,356
-24,336
| -6% | -$500K |
|
|
AXON
1517
Axon Enterprise
AXON
$46.4B
| $7.8M | ﹤0.01% |
294,754
+4,442
| +2% | +$87.6K |
|
|
UCB
1518
United Community Banks
UCB
$4.29B
| $7.79M | ﹤0.01% |
411,220
-21,121
| -5% | -$372K |
|
1519
Saia
SAIA
$9.61B
| $7.78M | ﹤0.01% |
140,520
+2,482
| +2% | +$129K |
|
1520
Innospec
IOSP
$2.11B
| $7.78M | ﹤0.01% |
182,171
+17,620
| +11% | +$722K |
|
|
EDE
1521
DELISTED
Empire District Electric
EDE
| $7.78M | ﹤0.01% |
261,528
+2,006
| +0.8% | +$55.4K |
|
1522
Metallus
MTUS
$851M
| $7.77M | ﹤0.01% |
209,790
+10,773
| +5% | +$398K |
|
|
PDLI
1523
DELISTED
PDL BioPharma, Inc.
PDLI
| $7.77M | ﹤0.01% |
1,007,548
-40,696
| -4% | -$322K |
|
1524
NBT Bancorp
NBTB
$2.75B
| $7.76M | ﹤0.01% |
295,474
+8,330
| +3% | +$206K |
|
|
PIR
1525
DELISTED
Pier 1 Imports, Inc.
PIR
| $7.74M | ﹤0.01% |
25,134
-1,001
| -4% | -$266K |
|
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.