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 | |
|---|---|---|---|---|---|---|
|
ARC
2176
DELISTED
ARC Document Solutions, Inc.
ARC
| $2.84M | ﹤0.01% |
277,819
+9,539
| +4% | +$91.7K |
|
|
AMRE
2177
DELISTED
AMREIT INC NEW COM STK
AMRE
| $2.84M | ﹤0.01% |
106,899
+4,391
| +4% | +$111K |
|
|
CONN
2178
DELISTED
Conn's Inc.
CONN
| $2.83M | ﹤0.01% |
151,500
+10,046
| +7% | +$283K |
|
2179
Westwood Holdings Group
WHG
$182M
| $2.83M | ﹤0.01% |
45,753
+3,202
| +8% | +$194K |
|
|
QTS
2180
DELISTED
QTS REALTY TRUST, INC.
QTS
| $2.83M | ﹤0.01% |
83,583
+499
| +0.6% | +$16.3K |
|
2181
Flexsteel Industries
FLXS
$302M
| $2.83M | ﹤0.01% |
87,676
+308
| +0.4% | +$10.1K |
|
|
PES
2182
DELISTED
Pioneer Energy Services Corp.
PES
| $2.82M | ﹤0.01% |
509,587
-152,523
| -23% | -$1.24M |
|
|
ISSI
2183
DELISTED
INTEGRATED SILICON SOLUTN INC
ISSI
| $2.82M | ﹤0.01% |
170,175
+7,435
| +5% | +$106K |
|
|
BNCN
2184
DELISTED
BNC Bancorp
BNCN
| $2.82M | ﹤0.01% |
163,792
+13,935
| +9% | +$235K |
|
2185
Unitil
UTL
$970M
| $2.81M | ﹤0.01% |
76,696
| – | – |
|
|
RLD
2186
DELISTED
REALD INC COM STK
RLD
| $2.81M | ﹤0.01% |
238,205
+1,322
| +0.6% | +$14.9K |
|
2187
Arq
ARQ
$84.6M
| $2.81M | ﹤0.01% |
123,275
+2,258
| +2% | +$46.3K |
|
2188
First Busey Corp
BUSE
$2.57B
| $2.81M | ﹤0.01% |
143,862
+7,416
| +5% | +$139K |
|
2189
Cerus
CERS
$433M
| $2.81M | ﹤0.01% |
450,063
+61,186
| +16% | +$278K |
|
2190
GSK
GSK
$104B
| $2.8M | ﹤0.01% |
52,438
-5,878
| -10% | -$329K |
|
|
GLDD
2191
DELISTED
Great Lakes Dredge & Dock
GLDD
| $2.8M | ﹤0.01% |
327,028
+7,483
| +2% | +$54.2K |
|
|
NILE
2192
DELISTED
Blue Nile, Inc.
NILE
| $2.8M | ﹤0.01% |
77,655
+81
| +0.1% | +$2.68K |
|
|
TMHC
2193
DELISTED
Taylor Morrison
TMHC
| $2.79M | ﹤0.01% |
147,668
+1,066
| +0.7% | +$19K |
|
2194
Park Aerospace
PKE
$737M
| $2.78M | ﹤0.01% |
111,706
+3,663
| +3% | +$89.3K |
|
|
BHR
2195
Braemar Hotels & Resorts
BHR
$156M
| $2.78M | ﹤0.01% |
163,593
+751
| +0.5% | +$12.5K |
|
|
CET
2196
Central Securities Corp
CET
$1.58B
| – | – |
0
| – | – |
|
|
AXAS
2197
DELISTED
Abraxas Petroleum Corp
AXAS
| $2.77M | ﹤0.01% |
47,202
-16,657
| -26% | -$1.23M |
|
2198
Geospace Technologies
GEOS
$94.6M
| $2.77M | ﹤0.01% |
104,500
+24,032
| +30% | +$697K |
|
|
ECOM
2199
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $2.77M | ﹤0.01% |
128,165
+23,834
| +23% | +$408K |
|
2200
Cass Information Systems
CASS
$714M
| $2.76M | ﹤0.01% |
68,509
+3,275
| +5% | +$116K |
|
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.