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 | |
|---|---|---|---|---|---|---|
|
IMGN
2076
DELISTED
Immunogen Inc
IMGN
| $3.25M | ﹤0.01% |
533,652
+54,265
| +11% | +$496K |
|
|
SGNT
2077
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $3.24M | ﹤0.01% |
129,183
+6,815
| +6% | +$200K |
|
|
WPP
2078
DELISTED
WAUSAU PAPER CORP.
WPP
| $3.24M | ﹤0.01% |
285,241
+1,769
| +0.6% | +$17.4K |
|
|
CLD
2079
DELISTED
Cloud Peak Energy Inc
CLD
| $3.24M | ﹤0.01% |
352,616
+15,214
| +5% | +$169K |
|
|
PGNX
2080
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $3.23M | ﹤0.01% |
427,790
+8,989
| +2% | +$53.8K |
|
|
AEGR
2081
DELISTED
Aegerion Pharmaceuticals
AEGR
| $3.23M | ﹤0.01% |
154,388
-990
| -0.6% | -$24.9K |
|
2082
LSB Industries
LXU
$783M
| $3.22M | ﹤0.01% |
133,257
+712
| +0.5% | +$18.2K |
|
|
GRUB
2083
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $3.21M | ﹤0.01% |
44,253
+168
| +0.4% | +$11.9K |
|
2084
Park-Ohio Holdings
PKOH
$575M
| $3.21M | ﹤0.01% |
50,938
+2,053
| +4% | +$113K |
|
|
RDEN
2085
DELISTED
ELIZABETH ARDEN INC
RDEN
| $3.21M | ﹤0.01% |
149,999
+2,241
| +2% | +$39.8K |
|
|
VA
2086
DELISTED
Virgin America Inc.
VA
| $3.21M | ﹤0.01% |
+74,156
| New | +$2.68M |
|
|
GTI
2087
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $3.2M | ﹤0.01% |
632,159
+4,115
| +0.7% | +$18.1K |
|
2088
Tredegar Corp
TG
$265M
| $3.19M | ﹤0.01% |
142,050
+9,579
| +7% | +$180K |
|
2089
TRI-Continental Corp
TY
$1.86B
| – | – |
0
| – | – |
|
2090
Prothena Corp
PRTA
$425M
| $3.19M | ﹤0.01% |
153,827
-15,310
| -9% | -$319K |
|
|
AVTA
2091
DELISTED
Avantax, Inc. Common Stock
AVTA
| $3.18M | ﹤0.01% |
229,745
+2,537
| +1% | +$37.3K |
|
|
EPIQ
2092
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $3.17M | ﹤0.01% |
185,929
+6,678
| +4% | +$113K |
|
2093
Vanda Pharmaceuticals
VNDA
$307M
| $3.17M | ﹤0.01% |
221,105
+27,365
| +14% | +$324K |
|
2094
Gibraltar Industries
ROCK
$1.25B
| $3.17M | ﹤0.01% |
194,679
+1,688
| +0.9% | +$25K |
|
2095
Coeur Mining
CDE
$15.4B
| $3.15M | ﹤0.01% |
617,640
+8,249
| +1% | +$36.8K |
|
2096
Sarepta Therapeutics
SRPT
$1.57B
| $3.15M | ﹤0.01% |
217,575
+1,631
| +0.8% | +$27.6K |
|
2097
Fabrinet
FN
$15.6B
| $3.13M | ﹤0.01% |
176,712
+10,773
| +6% | +$179K |
|
|
CMLS
2098
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $3.13M | ﹤0.01% |
92,630
+10,578
| +13% | +$315K |
|
2099
Copa Holdings
CPA
$5.76B
| $3.13M | ﹤0.01% |
30,182
-21,865
| -42% | -$2.33M |
|
|
CALY
2100
Callaway Golf Company
CALY
$3.32B
| $3.13M | ﹤0.01% |
406,037
+2,514
| +0.6% | +$18.7K |
|
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.