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 | |
|---|---|---|---|---|---|---|
|
RATE
1951
DELISTED
Bankrate Inc
RATE
| $3.95M | ﹤0.01% |
317,913
+2,221
| +0.7% | +$25.1K |
|
1952
Washington Trust Bancorp
WASH
$743M
| $3.95M | ﹤0.01% |
98,299
+942
| +1% | +$34.8K |
|
1953
Check Point Software Technologies
CHKP
$13B
| $3.95M | ﹤0.01% |
50,258
+9,981
| +25% | +$742K |
|
|
FTD
1954
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.95M | ﹤0.01% |
113,351
+2,748
| +2% | +$94.9K |
|
|
KBAL
1955
DELISTED
Kimball International
KBAL
| $3.91M | ﹤0.01% |
429,105
-35,547
| -8% | -$383K |
|
|
FDML
1956
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $3.91M | ﹤0.01% |
243,100
-949
| -0.4% | -$14.6K |
|
1957
Globalstar
GSAT
$10.7B
| $3.91M | ﹤0.01% |
94,720
+1,877
| +2% | +$72K |
|
1958
Shenandoah Telecom
SHEN
$664M
| $3.9M | ﹤0.01% |
249,966
+1,994
| +0.8% | +$28.2K |
|
|
ASPX
1959
DELISTED
AUSPEX PHARMACEUTICALS INC COM STK (DE)
ASPX
| $3.9M | ﹤0.01% |
74,312
+1,301
| +2% | +$38.2K |
|
|
LNW
1960
DELISTED
Light & Wonder
LNW
| $3.9M | ﹤0.01% |
306,066
+31,993
| +12% | +$385K |
|
|
LBY
1961
DELISTED
Libbey, Inc.
LBY
| $3.89M | ﹤0.01% |
123,820
+617
| +0.5% | +$17.7K |
|
|
XXIA
1962
DELISTED
Ixia
XXIA
| $3.89M | ﹤0.01% |
345,865
+6,574
| +2% | +$64.5K |
|
1963
Tompkins Financial
TMP
$1.43B
| $3.89M | ﹤0.01% |
70,311
+3,773
| +6% | +$186K |
|
1964
Green Dot
GDOT
$743M
| $3.88M | ﹤0.01% |
189,390
+1,774
| +0.9% | +$38.6K |
|
|
DMND
1965
DELISTED
DIAMOND FOODS, INC.
DMND
| $3.88M | ﹤0.01% |
137,395
+3,831
| +3% | +$111K |
|
1966
Daktronics
DAKT
$955M
| $3.88M | ﹤0.01% |
309,907
+14,215
| +5% | +$179K |
|
|
MCRL
1967
DELISTED
MICREL INC
MCRL
| $3.87M | ﹤0.01% |
266,790
+9,213
| +4% | +$117K |
|
1968
Alamo Group
ALG
$1.94B
| $3.87M | ﹤0.01% |
79,853
+15,039
| +23% | +$672K |
|
|
FFIC
1969
DELISTED
Flushing Financial
FFIC
| $3.87M | ﹤0.01% |
190,744
-4,360
| -2% | -$85.2K |
|
|
BGFV
1970
DELISTED
Big 5 Sporting Goods
BGFV
| $3.86M | ﹤0.01% |
264,063
+3,207
| +1% | +$39.4K |
|
1971
Southside Bancshares
SBSI
$967M
| $3.86M | ﹤0.01% |
150,992
+31,091
| +26% | +$883K |
|
1972
Enanta Pharmaceuticals
ENTA
$366M
| $3.86M | ﹤0.01% |
75,923
+20,204
| +36% | +$905K |
|
|
FRAN
1973
DELISTED
Francesca's Holdings Corporation
FRAN
| $3.84M | ﹤0.01% |
19,161
+149
| +0.8% | +$23.8K |
|
|
ORIT
1974
DELISTED
Oritani Financial Corp. New
ORIT
| $3.84M | ﹤0.01% |
249,329
-4,098
| -2% | -$59.6K |
|
1975
E.W. Scripps
SSP
$257M
| $3.83M | ﹤0.01% |
193,182
-23,880
| -11% | -$406K |
|
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.