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 | |
|---|---|---|---|---|---|---|
|
PNK
1601
DELISTED
Pinnacle Entertainment Inc.
PNK
| $6.89M | ﹤0.01% |
309,570
+3,115
| +1% | +$72.4K |
|
|
TTPH
1602
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $6.87M | ﹤0.01% |
8,651
+4,174
| +93% | +$2.25M |
|
1603
Argan
AGX
$8.31B
| $6.87M | ﹤0.01% |
204,220
+8,339
| +4% | +$273K |
|
1604
Matrix Service
MTRX
$336M
| $6.85M | ﹤0.01% |
307,070
+11,338
| +4% | +$255K |
|
|
FMBI
1605
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $6.84M | ﹤0.01% |
399,936
+10,609
| +3% | +$176K |
|
1606
Otter Tail
OTTR
$3.79B
| $6.83M | ﹤0.01% |
220,563
+1,590
| +0.7% | +$47K |
|
|
CSGS
1607
DELISTED
CSG Systems International
CSGS
| $6.83M | ﹤0.01% |
272,342
+4,238
| +2% | +$108K |
|
1608
WSFS Financial
WSFS
$4.19B
| $6.83M | ﹤0.01% |
266,382
+8,346
| +3% | +$211K |
|
|
TUMI
1609
DELISTED
TUMI HLDGS INC COM
TUMI
| $6.82M | ﹤0.01% |
287,518
+19,863
| +7% | +$420K |
|
1610
Quaker Houghton
KWR
$2.89B
| $6.82M | ﹤0.01% |
74,054
+33
| +0% | +$2.66K |
|
|
RPXC
1611
DELISTED
RPX Corporation
RPXC
| $6.8M | ﹤0.01% |
493,334
+69,673
| +16% | +$966K |
|
|
INVN
1612
DELISTED
Invensense Inc
INVN
| $6.79M | ﹤0.01% |
417,788
+6,522
| +2% | +$110K |
|
|
ACHN
1613
DELISTED
Achillion Pharmaceuticals
ACHN
| $6.79M | ﹤0.01% |
554,419
+20,887
| +4% | +$255K |
|
1614
Seaboard Corp
SEB
$4.21B
| $6.77M | ﹤0.01% |
1,614
+508
| +46% | +$1.71M |
|
|
RP
1615
DELISTED
RealPage, Inc.
RP
| $6.75M | ﹤0.01% |
307,602
+7,102
| +2% | +$141K |
|
|
GHL
1616
DELISTED
Greenhill & Co., Inc.
GHL
| $6.73M | ﹤0.01% |
154,336
+3,029
| +2% | +$135K |
|
|
RICE
1617
DELISTED
Rice Energy Inc.
RICE
| $6.73M | ﹤0.01% |
320,820
+1,585
| +0.5% | +$39.4K |
|
1618
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$146M
| – | – |
0
| – | – |
|
1619
Insight Enterprises
NSIT
$3.98B
| $6.7M | ﹤0.01% |
258,667
-18,109
| -7% | -$431K |
|
1620
FerroAtlántica
GSM
$607M
| $6.69M | ﹤0.01% |
388,395
-4,124
| -1% | -$71.5K |
|
|
STL
1621
DELISTED
Sterling Bancorp
STL
| $6.69M | ﹤0.01% |
465,220
+2,974
| +0.6% | +$40.3K |
|
|
NGHC
1622
DELISTED
National General Holdings Corp
NGHC
| $6.68M | ﹤0.01% |
358,751
+7,295
| +2% | +$135K |
|
|
MNDT
1623
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $6.67M | ﹤0.01% |
211,249
+9,377
| +5% | +$288K |
|
|
CTRX
1624
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $6.64M | ﹤0.01% |
128,291
+17,031
| +15% | +$801K |
|
1625
Standex International
SXI
$3.78B
| $6.62M | ﹤0.01% |
85,677
+3,675
| +4% | +$280K |
|
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.