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 | |
|---|---|---|---|---|---|---|
|
COWN
2201
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.76M | ﹤0.01% |
143,896
+1,251
| +0.9% | +$20.8K |
|
|
TNGO
2202
DELISTED
Tangoe, Inc.
TNGO
| $2.76M | ﹤0.01% |
211,937
+3,855
| +2% | +$51.6K |
|
2203
AMC Entertainment Holdings
AMC
$2.52B
| $2.75M | ﹤0.01% |
10,527
+67
| +0.6% | +$16.6K |
|
2204
Douglas Dynamics
PLOW
$1.02B
| $2.75M | ﹤0.01% |
128,524
-5,955
| -4% | -$128K |
|
|
PHIIK
2205
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $2.75M | ﹤0.01% |
73,643
+849
| +1% | +$34.9K |
|
|
JRN
2206
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
| $2.75M | ﹤0.01% |
240,458
+1,650
| +0.7% | +$16.1K |
|
|
XNPT
2207
DELISTED
XENOPORT, INC.
XNPT
| $2.74M | ﹤0.01% |
312,784
+8,812
| +3% | +$64.7K |
|
|
INSY
2208
DELISTED
Insys Therapeutics, Inc.
INSY
| $2.74M | ﹤0.01% |
129,976
+15,162
| +13% | +$300K |
|
|
OTIC
2209
DELISTED
Otonomy, Inc.
OTIC
| $2.74M | ﹤0.01% |
82,138
+26,948
| +49% | +$722K |
|
|
LDRH
2210
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $2.71M | ﹤0.01% |
82,638
+1,815
| +2% | +$59.6K |
|
2211
FormFactor
FORM
$8.28B
| $2.69M | ﹤0.01% |
313,292
+4,441
| +1% | +$34.9K |
|
2212
Beazer Homes USA
BZH
$877M
| $2.69M | ﹤0.01% |
139,025
-1,541
| -1% | -$28.2K |
|
2213
Pacific Biosciences
PACB
$435M
| $2.69M | ﹤0.01% |
343,025
+40,120
| +13% | +$257K |
|
2214
TriCo Bancshares
TCBK
$1.84B
| $2.68M | ﹤0.01% |
108,408
+34,922
| +48% | +$857K |
|
2215
Mercury Systems
MRCY
$5.83B
| $2.67M | ﹤0.01% |
192,119
+2,937
| +2% | +$37.6K |
|
|
SUP
2216
DELISTED
Superior Industries International
SUP
| $2.67M | ﹤0.01% |
135,157
-650
| -0.5% | -$12.1K |
|
2217
Vera Bradley
VRA
$97M
| $2.67M | ﹤0.01% |
131,220
+2,147
| +2% | +$46.2K |
|
|
TQNT
2218
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $2.67M | ﹤0.01% |
97,036
-885,077
| -90% | -$19.7M |
|
2219
Moelis & Co
MC
$4.97B
| $2.67M | ﹤0.01% |
76,323
+36,954
| +94% | +$1.22M |
|
2220
Powell Industries
POWL
$7.6B
| $2.66M | ﹤0.01% |
162,387
+3,345
| +2% | +$49.6K |
|
2221
Foster
FSTR
$430M
| $2.65M | ﹤0.01% |
54,605
+66
| +0.1% | +$3.22K |
|
|
NATL
2222
DELISTED
National Interstate Corporation
NATL
| $2.65M | ﹤0.01% |
88,819
+620
| +0.7% | +$17.8K |
|
2223
Kelly Services Class A
KELYA
$514M
| $2.64M | ﹤0.01% |
155,382
+5,141
| +3% | +$83.1K |
|
|
ELNK
2224
DELISTED
EarthLink Holdings Corp.
ELNK
| $2.63M | ﹤0.01% |
600,144
+1,749
| +0.3% | +$6.89K |
|
2225
ANI Pharmaceuticals
ANIP
$1.8B
| $2.63M | ﹤0.01% |
46,678
+10,216
| +28% | +$450K |
|
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.