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 | |
|---|---|---|---|---|---|---|
|
RUTH
1926
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.05M | ﹤0.01% |
270,280
+2,712
| +1% | +$34K |
|
1927
Insmed
INSM
$21.4B
| $4.05M | ﹤0.01% |
261,860
+5,099
| +2% | +$72.4K |
|
|
UBNK
1928
DELISTED
United Financial Bancorp, Inc.
UBNK
| $4.05M | ﹤0.01% |
281,977
+15,343
| +6% | +$212K |
|
|
EXL
1929
DELISTED
EXCEL TRUST , INC COM STK
EXL
| $4.05M | ﹤0.01% |
302,371
+8,391
| +3% | +$107K |
|
1930
TriNet
TNET
$3.02B
| $4.04M | ﹤0.01% |
129,315
+19,203
| +17% | +$565K |
|
|
TVTY
1931
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $4.03M | ﹤0.01% |
202,700
+8,157
| +4% | +$133K |
|
|
TERP
1932
DELISTED
TerraForm Power, Inc
TERP
| $4.02M | ﹤0.01% |
130,203
+24,628
| +23% | +$701K |
|
|
VIVO
1933
DELISTED
Meridian Bioscience Inc
VIVO
| $4.02M | ﹤0.01% |
244,001
+11,365
| +5% | +$195K |
|
1934
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| – | – |
0
| – | – |
|
|
MGI
1935
DELISTED
MoneyGram International, Inc. New
MGI
| $4.01M | ﹤0.01% |
441,460
+4,527
| +1% | +$45K |
|
|
AVG
1936
DELISTED
AVG Technologies N.V.
AVG
| $4M | ﹤0.01% |
202,912
+53,017
| +35% | +$979K |
|
|
BGC
1937
DELISTED
General Cable Corporation
BGC
| $4M | ﹤0.01% |
268,717
+1,926
| +0.7% | +$26.9K |
|
1938
Harmonic Inc
HLIT
$1.25B
| $4M | ﹤0.01% |
570,805
+7,468
| +1% | +$49.8K |
|
|
STBZ
1939
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $4M | ﹤0.01% |
200,274
+13,774
| +7% | +$253K |
|
|
CBM
1940
DELISTED
Cambrex Corporation
CBM
| $3.99M | ﹤0.01% |
184,681
+1,120
| +0.6% | +$23.8K |
|
|
DOC
1941
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $3.99M | ﹤0.01% |
240,515
+26,070
| +12% | +$398K |
|
1942
Skywest
SKYW
$4.24B
| $3.99M | ﹤0.01% |
300,530
+2,891
| +1% | +$31.1K |
|
|
UDF
1943
DELISTED
UNITED DEV FDG IV COM SHS OF BENE INT (TX)
UDF
| $3.99M | ﹤0.01% |
217,606
+67,751
| +45% | +$1.3M |
|
1944
Insperity
NSP
$1.93B
| $3.99M | ﹤0.01% |
235,426
+1,106
| +0.5% | +$17.5K |
|
1945
AngioDynamics
ANGO
$611M
| $3.98M | ﹤0.01% |
209,522
+56,507
| +37% | +$957K |
|
|
VG
1946
DELISTED
Vonage Holdings Corporation
VG
| $3.97M | ﹤0.01% |
1,042,817
+129,376
| +14% | +$446K |
|
1947
Chesapeake Utilities
CPK
$3.19B
| $3.97M | ﹤0.01% |
79,929
+673
| +0.8% | +$31K |
|
|
CVGW
1948
DELISTED
Calavo Growers
CVGW
| $3.96M | ﹤0.01% |
83,823
+11,153
| +15% | +$512K |
|
|
KITE
1949
DELISTED
Kite Pharma, Inc.
KITE
| $3.96M | ﹤0.01% |
68,641
+28,741
| +72% | +$1.21M |
|
1950
Materion
MTRN
$4.39B
| $3.95M | ﹤0.01% |
112,229
+308
| +0.3% | +$10.6K |
|
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.