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 | |
|---|---|---|---|---|---|---|
1676
Diodes
DIOD
$3.75B
| $6.14M | ﹤0.01% |
222,757
+3,275
| +1% | +$83K |
|
|
GTLS
1677
DELISTED
Chart Industries
GTLS
| $6.14M | ﹤0.01% |
179,564
+10,235
| +6% | +$428K |
|
1678
Ligand Pharmaceuticals
LGND
$5.86B
| $6.14M | ﹤0.01% |
185,009
-18,971
| -9% | -$617K |
|
1679
Aaon
AAON
$7.6B
| $6.12M | ﹤0.01% |
410,159
+6,131
| +2% | +$81.8K |
|
1680
United Parks & Resorts
PRKS
$2.13B
| $6.11M | ﹤0.01% |
341,412
+4,887
| +1% | +$85.9K |
|
1681
Sabre
SABR
$779M
| $6.09M | ﹤0.01% |
300,333
+16,980
| +6% | +$307K |
|
1682
Ribbon Communications
RBBN
$373M
| $6.07M | ﹤0.01% |
306,038
+2,574
| +0.8% | +$45.5K |
|
1683
Lindsay Corp
LNN
$1.15B
| $6.07M | ﹤0.01% |
70,770
-2,984
| -4% | -$253K |
|
|
WIBC
1684
DELISTED
WILSHIRE BANCORP INC
WIBC
| $6.06M | ﹤0.01% |
598,514
+3,724
| +0.6% | +$36.2K |
|
|
AF
1685
DELISTED
Astoria Financial Corporation
AF
| $6.06M | ﹤0.01% |
453,475
+1,303
| +0.3% | +$16.9K |
|
1686
Federal Signal
FSS
$7.85B
| $6.05M | ﹤0.01% |
392,161
+3,275
| +0.8% | +$47.4K |
|
|
MAGN
1687
Magnera Corp
MAGN
$488M
| $6.05M | ﹤0.01% |
18,197
+63
| +0.3% | +$20.3K |
|
|
IMPV
1688
DELISTED
Imperva, Inc.
IMPV
| $6.04M | ﹤0.01% |
122,186
+9,714
| +9% | +$389K |
|
1689
Encore Capital Group
ECPG
$2.07B
| $6.01M | ﹤0.01% |
135,426
+2,332
| +2% | +$100K |
|
1690
Renasant Corp
RNST
$4.02B
| $5.98M | ﹤0.01% |
206,864
+23,279
| +13% | +$668K |
|
|
NAVG
1691
DELISTED
Navigators Group Inc
NAVG
| $5.97M | ﹤0.01% |
162,900
+10,956
| +7% | +$378K |
|
|
CIR
1692
DELISTED
CIRCOR International, Inc
CIR
| $5.94M | ﹤0.01% |
98,604
+388
| +0.4% | +$25.5K |
|
|
NXTM
1693
DELISTED
NxStage Medical Inc.
NXTM
| $5.94M | ﹤0.01% |
331,424
+6,617
| +2% | +$107K |
|
|
FARO
1694
DELISTED
Faro Technologies
FARO
| $5.93M | ﹤0.01% |
94,575
+1,144
| +1% | +$62.9K |
|
1695
AAR Corp
AIR
$5.7B
| $5.92M | ﹤0.01% |
213,248
+1,269
| +0.6% | +$32.9K |
|
1696
Axos Financial
AX
$5.92B
| $5.91M | ﹤0.01% |
303,988
+3,740
| +1% | +$70.2K |
|
|
KAMN
1697
DELISTED
Kaman Corp
KAMN
| $5.89M | ﹤0.01% |
146,833
+625
| +0.4% | +$25K |
|
1698
Safety Insurance
SAFT
$1.52B
| $5.84M | ﹤0.01% |
91,249
+7,947
| +10% | +$477K |
|
|
SPTN
1699
DELISTED
SpartanNash
SPTN
| $5.83M | ﹤0.01% |
223,105
+6,895
| +3% | +$159K |
|
1700
REX American Resources
REX
$1.41B
| $5.83M | ﹤0.01% |
564,504
+30,186
| +6% | +$334K |
|
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.