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 | |
|---|---|---|---|---|---|---|
|
CSFL
2126
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $3M | ﹤0.01% |
251,476
-1,289
| -0.5% | -$14.4K |
|
|
ARII
2127
DELISTED
American Railcar Industries, Inc.
ARII
| $2.99M | ﹤0.01% |
58,147
+2,332
| +4% | +$143K |
|
|
ATSG
2128
DELISTED
Air Transport Services Group
ATSG
| $2.99M | ﹤0.01% |
349,281
+10,149
| +3% | +$80.9K |
|
2129
TETRA Technologies
TTI
$1.14B
| $2.99M | ﹤0.01% |
447,207
+12,579
| +3% | +$100K |
|
|
GNMK
2130
DELISTED
GenMark Diagnostics, Inc
GNMK
| $2.98M | ﹤0.01% |
219,326
+14,994
| +7% | +$168K |
|
2131
Photronics
PLAB
$1.79B
| $2.98M | ﹤0.01% |
359,072
+7,820
| +2% | +$66.9K |
|
2132
Phibro Animal Health
PAHC
$1.47B
| $2.98M | ﹤0.01% |
94,481
-4,636
| -5% | -$128K |
|
2133
Altisource Portfolio Solutions
ASPS
$63.6M
| $2.98M | ﹤0.01% |
11,022
-583
| -5% | -$301K |
|
2134
Expro Ltd
XPRO
$1.79B
| $2.98M | ﹤0.01% |
29,870
-487
| -2% | -$51.7K |
|
2135
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $2.97M | ﹤0.01% |
147,976
-28,186
| -16% | -$566K |
|
2136
Ingles Markets
IMKTA
$1.71B
| $2.97M | ﹤0.01% |
80,081
+6,036
| +8% | +$170K |
|
2137
AeroVironment
AVAV
$7.56B
| $2.96M | ﹤0.01% |
108,663
+1,676
| +2% | +$47.9K |
|
|
TXTR
2138
DELISTED
TEXTURA CORPORATION COM
TXTR
| $2.96M | ﹤0.01% |
103,995
+11,500
| +12% | +$294K |
|
2139
Haverty Furniture Companies
HVT
$397M
| $2.96M | ﹤0.01% |
134,371
+15,866
| +13% | +$341K |
|
2140
MarineMax
HZO
$759M
| $2.95M | ﹤0.01% |
147,342
+1,026
| +0.7% | +$18.8K |
|
2141
Smith & Wesson
SWBI
$651M
| $2.94M | ﹤0.01% |
404,659
+9,899
| +3% | +$74.3K |
|
2142
Icahn Enterprises
IEP
$5.24B
| $2.94M | ﹤0.01% |
31,847
+6,568
| +26% | +$664K |
|
2143
Hovnanian Enterprises
HOV
$726M
| $2.93M | ﹤0.01% |
28,402
+192
| +0.7% | +$18.8K |
|
2144
JD.com
JD
$44.6B
| $2.93M | ﹤0.01% |
126,687
+107,214
| +551% | +$2.64M |
|
|
WLB
2145
DELISTED
Westmoreland Coal Company
WLB
| $2.93M | ﹤0.01% |
88,234
+2,169
| +3% | +$75.8K |
|
2146
Forestar Group
FOR
$1.44B
| $2.93M | ﹤0.01% |
190,147
+1,389
| +0.7% | +$22.7K |
|
2147
Alaunos Therapeutics
TCRT
$4.59M
| $2.93M | ﹤0.01% |
3,848
+252
| +7% | +$134K |
|
2148
TG Therapeutics
TGTX
$7.96B
| $2.91M | ﹤0.01% |
183,886
+7,573
| +4% | +$98.6K |
|
2149
Forrester Research
FORR
$223M
| $2.91M | ﹤0.01% |
73,956
+760
| +1% | +$30.1K |
|
2150
Motorcar Parts of America
MPAA
$254M
| $2.91M | ﹤0.01% |
93,638
+708
| +0.8% | +$21.3K |
|
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.