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 | |
|---|---|---|---|---|---|---|
1701
PENN Entertainment
PENN
$2.71B
| $5.82M | ﹤0.01% |
424,064
+38,613
| +10% | +$500K |
|
|
IRBT
1702
DELISTED
iRobot
IRBT
| $5.82M | ﹤0.01% |
167,637
+2,427
| +1% | +$83.3K |
|
1703
Banner Corp
BANR
$2.41B
| $5.82M | ﹤0.01% |
135,200
+5,356
| +4% | +$222K |
|
1704
Universal Corp
UVV
$1.3B
| $5.8M | ﹤0.01% |
131,789
+590
| +0.4% | +$24.9K |
|
1705
Interface
TILE
$2.04B
| $5.77M | ﹤0.01% |
350,168
+5,244
| +2% | +$81.8K |
|
1706
Gogo Inc
GOGO
$609M
| $5.76M | ﹤0.01% |
348,590
+9,143
| +3% | +$149K |
|
|
ELGX
1707
DELISTED
Endologix Inc
ELGX
| $5.76M | ﹤0.01% |
37,682
+2,998
| +9% | +$374K |
|
1708
Provident Financial Services
PFS
$3.28B
| $5.75M | ﹤0.01% |
318,515
+7,495
| +2% | +$131K |
|
1709
Kulicke & Soffa
KLIC
$4.66B
| $5.75M | ﹤0.01% |
397,783
+25,095
| +7% | +$347K |
|
|
GPT
1710
DELISTED
Gramercy Property Trust
GPT
| $5.73M | ﹤0.01% |
276,779
+65,922
| +31% | +$1.21M |
|
1711
Axalta
AXTA
$7.78B
| $5.72M | ﹤0.01% |
+220,007
| New | +$5.42M |
|
1712
Shutterstock
SSTK
$221M
| $5.72M | ﹤0.01% |
82,744
+6,029
| +8% | +$437K |
|
|
FNFV
1713
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $5.71M | ﹤0.01% |
624,748
+3,586
| +0.6% | +$38.5K |
|
|
INFI
1714
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $5.7M | ﹤0.01% |
337,641
+100,147
| +42% | +$1.46M |
|
|
PTRY
1715
DELISTED
PANTRY INC (THE)
PTRY
| $5.69M | ﹤0.01% |
153,613
+14,777
| +11% | +$399K |
|
1716
Scholastic
SCHL
$780M
| $5.69M | ﹤0.01% |
156,242
+5,881
| +4% | +$200K |
|
1717
Precigen
PGEN
$2.26B
| $5.68M | ﹤0.01% |
215,965
+54,353
| +34% | +$1.19M |
|
1718
Cleveland-Cliffs
CLF
$6.38B
| $5.68M | ﹤0.01% |
795,626
+6,442
| +0.8% | +$56K |
|
|
PEGI
1719
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $5.67M | ﹤0.01% |
229,855
+21,685
| +10% | +$586K |
|
1720
Halozyme
HALO
$9.78B
| $5.64M | ﹤0.01% |
584,391
-813
| -0.1% | -$7.22K |
|
|
PMC
1721
DELISTED
PharMerica Corporation
PMC
| $5.63M | ﹤0.01% |
272,040
+1,786
| +0.7% | +$42.4K |
|
|
EPAY
1722
DELISTED
Bottomline Technologies Inc
EPAY
| $5.63M | ﹤0.01% |
222,739
+4,839
| +2% | +$125K |
|
|
ELLI
1723
DELISTED
Ellie Mae Inc
ELLI
| $5.63M | ﹤0.01% |
139,549
+972
| +0.7% | +$37.7K |
|
|
MFRM
1724
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $5.61M | ﹤0.01% |
96,623
+3,061
| +3% | +$190K |
|
|
BFS
1725
Saul Centers
BFS
$837M
| $5.6M | ﹤0.01% |
97,854
+4,737
| +5% | +$253K |
|
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.