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 | |
|---|---|---|---|---|---|---|
|
CAA
1626
DELISTED
CalAtlantic Group, Inc.
CAA
| $6.62M | ﹤0.01% |
181,536
+24,802
| +16% | +$920K |
|
1627
Dycom Industries
DY
$12.5B
| $6.61M | ﹤0.01% |
188,403
+6,330
| +3% | +$189K |
|
1628
Thomson Reuters
TRI
$44.4B
| $6.61M | ﹤0.01% |
141,193
+3,266
| +2% | +$145K |
|
1629
UFP Industries
UFPI
$5.18B
| $6.61M | ﹤0.01% |
372,654
+2,025
| +0.5% | +$32.8K |
|
1630
AZZ Inc
AZZ
$4.48B
| $6.6M | ﹤0.01% |
140,591
+1,049
| +0.8% | +$47.3K |
|
|
EGOV
1631
DELISTED
NIC Inc
EGOV
| $6.58M | ﹤0.01% |
365,829
+9,535
| +3% | +$170K |
|
1632
Qualys
QLYS
$5.45B
| $6.58M | ﹤0.01% |
174,194
+70,371
| +68% | +$2.35M |
|
1633
Universal Display
OLED
$3.67B
| $6.57M | ﹤0.01% |
236,868
+3,935
| +2% | +$112K |
|
|
MTSC
1634
DELISTED
MTS Systems Corp
MTSC
| $6.56M | ﹤0.01% |
87,424
+1,140
| +1% | +$78K |
|
1635
National Bank Holdings
NBHC
$1.92B
| $6.55M | ﹤0.01% |
337,504
| – | – |
|
|
CCC
1636
DELISTED
Calgon Carbon Corp
CCC
| $6.53M | ﹤0.01% |
314,292
+2,018
| +0.6% | +$40.9K |
|
|
MEG
1637
DELISTED
Media General, Inc
MEG
| $6.51M | ﹤0.01% |
389,028
+65,788
| +20% | +$985K |
|
|
TCF
1638
DELISTED
TCF Financial Corporation Common Stock
TCF
| $6.5M | ﹤0.01% |
212,336
+13,293
| +7% | +$383K |
|
1639
Exponent
EXPO
$3.31B
| $6.49M | ﹤0.01% |
314,908
-5,048
| -2% | -$97.9K |
|
|
CONE
1640
DELISTED
CyrusOne Inc Common Stock
CONE
| $6.49M | ﹤0.01% |
235,702
+13,578
| +6% | +$356K |
|
1641
Vodafone
VOD
$35.9B
| $6.49M | ﹤0.01% |
189,966
+34,191
| +22% | +$1.15M |
|
|
BPFH
1642
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $6.48M | ﹤0.01% |
481,108
+30,259
| +7% | +$388K |
|
1643
Albany International
AIN
$2.13B
| $6.48M | ﹤0.01% |
170,549
+1,272
| +0.8% | +$46K |
|
1644
MiMedx Group
MDXG
$622M
| $6.47M | ﹤0.01% |
561,435
+96,233
| +21% | +$951K |
|
|
IRC
1645
DELISTED
INLAND REAL ESTATE CORP
IRC
| $6.46M | ﹤0.01% |
590,169
+6,892
| +1% | +$73.1K |
|
1646
California Water Service
CWT
$3.05B
| $6.45M | ﹤0.01% |
262,191
+8,035
| +3% | +$197K |
|
1647
Rush Enterprises Class A
RUSHA
$6.29B
| $6.43M | ﹤0.01% |
451,285
+9,498
| +2% | +$146K |
|
|
VRTU
1648
DELISTED
Virtusa Corporation
VRTU
| $6.41M | ﹤0.01% |
153,808
+905
| +0.6% | +$35.2K |
|
|
HTWR
1649
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $6.41M | ﹤0.01% |
87,238
+1,158
| +1% | +$88K |
|
|
DOOR
1650
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $6.4M | ﹤0.01% |
104,152
+3,532
| +4% | +$199K |
|
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.