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 | |
|---|---|---|---|---|---|---|
|
IPCC
1776
DELISTED
Infinity Property & Casualty C
IPCC
| $5.17M | ﹤0.01% |
66,942
+1,552
| +2% | +$111K |
|
|
CLDT
1777
Chatham Lodging
CLDT
$622M
| $5.16M | ﹤0.01% |
178,052
+35,208
| +25% | +$925K |
|
|
CSR
1778
Centerspace
CSR
$921M
| $5.16M | ﹤0.01% |
63,122
+476
| +0.8% | +$38.8K |
|
1779
First Bancorp
FBP
$4.42B
| $5.15M | ﹤0.01% |
878,129
+29,240
| +3% | +$151K |
|
|
RSTI
1780
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $5.14M | ﹤0.01% |
178,739
+19,907
| +13% | +$500K |
|
1781
Sonic Automotive
SAH
$2.9B
| $5.14M | ﹤0.01% |
190,085
-3,436
| -2% | -$86.8K |
|
1782
Flotek Industries
FTK
$852M
| $5.13M | ﹤0.01% |
45,687
+813
| +2% | +$100K |
|
1783
OneMain Financial
OMF
$7.2B
| $5.12M | ﹤0.01% |
141,576
+921
| +0.7% | +$33.5K |
|
|
CSII
1784
DELISTED
Cardiovascular Systems, Inc.
CSII
| $5.11M | ﹤0.01% |
169,944
+2,345
| +1% | +$67.1K |
|
|
AMTG
1785
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $5.11M | ﹤0.01% |
323,951
+80,396
| +33% | +$1.3M |
|
1786
BioCryst Pharmaceuticals
BCRX
$2.28B
| $5.11M | ﹤0.01% |
419,905
+2,728
| +0.7% | +$30.1K |
|
1787
McGrath RentCorp
MGRC
$2.81B
| $5.1M | ﹤0.01% |
142,229
+4,374
| +3% | +$156K |
|
1788
S&T Bancorp
STBA
$1.84B
| $5.09M | ﹤0.01% |
170,913
+10,356
| +6% | +$282K |
|
|
PE
1789
DELISTED
PARSLEY ENERGY INC
PE
| $5.07M | ﹤0.01% |
317,950
+2,394
| +0.8% | +$38.8K |
|
1790
Boyd Gaming
BYD
$6.18B
| $5.07M | ﹤0.01% |
396,602
+1,639
| +0.4% | +$18.4K |
|
|
SGY
1791
DELISTED
Stone Energy
SGY
| $5.06M | ﹤0.01% |
5,280
+29
| +0.6% | +$34.8K |
|
1792
iShares MSCI USA Min Vol Factor ETF
USMV
$23.6B
| – | – |
0
| – | – |
|
1793
Emergent Biosolutions
EBS
$373M
| $5.05M | ﹤0.01% |
185,456
+570
| +0.3% | +$13.6K |
|
|
ARI
1794
Apollo Commercial Real Estate
ARI
$867M
| $5.04M | ﹤0.01% |
307,793
+27,495
| +10% | +$451K |
|
1795
National CineMedia
NCMI
$376M
| $5.02M | ﹤0.01% |
34,941
+475
| +1% | +$68.1K |
|
|
MODV
1796
DELISTED
ModivCare
MODV
| $5.02M | ﹤0.01% |
137,720
-12,453
| -8% | -$488K |
|
1797
First Commonwealth Financial
FCF
$2.18B
| $5M | ﹤0.01% |
542,862
+2,744
| +0.5% | +$24.7K |
|
|
BSFT
1798
DELISTED
BroadSoft, Inc.
BSFT
| $5M | ﹤0.01% |
172,404
+13,919
| +9% | +$352K |
|
1799
Primoris Services
PRIM
$4.58B
| $5M | ﹤0.01% |
215,232
+16,395
| +8% | +$410K |
|
1800
Advanced Energy
AEIS
$11.6B
| $5M | ﹤0.01% |
210,821
+3,047
| +1% | +$62.1K |
|
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.