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 | |
|---|---|---|---|---|---|---|
2326
MacroGenics
MGNX
$235M
| $2.25M | ﹤0.01% |
64,150
+2,613
| +4% | +$65.1K |
|
|
TRUE
2327
DELISTED
TrueCar
TRUE
| $2.25M | ﹤0.01% |
98,276
+28,080
| +40% | +$550K |
|
|
IXYS
2328
DELISTED
IXYS Corp
IXYS
| $2.23M | ﹤0.01% |
177,247
+28,602
| +19% | +$322K |
|
2329
Oppenheimer Holdings
OPY
$1.14B
| $2.23M | ﹤0.01% |
95,865
+22,229
| +30% | +$508K |
|
2330
Calix
CALX
$2.26B
| $2.23M | ﹤0.01% |
222,307
+1,499
| +0.7% | +$14.9K |
|
|
VRTV
2331
DELISTED
VERITIV CORPORATION
VRTV
| $2.23M | ﹤0.01% |
42,930
+1,798
| +4% | +$86.3K |
|
|
LHCG
2332
DELISTED
LHC Group LLC
LHCG
| $2.22M | ﹤0.01% |
71,233
+3,178
| +5% | +$80.2K |
|
2333
Peoples Financial Services
PFIS
$704M
| $2.22M | ﹤0.01% |
44,701
+428
| +1% | +$20.8K |
|
2334
Builders FirstSource
BLDR
$7.15B
| $2.22M | ﹤0.01% |
322,892
+9,434
| +3% | +$56.4K |
|
|
USCR
2335
DELISTED
U S Concrete, Inc.
USCR
| $2.21M | ﹤0.01% |
77,866
+1,511
| +2% | +$39.8K |
|
2336
Bristow Group
VTOL
$1.34B
| $2.21M | ﹤0.01% |
52,336
+375
| +0.7% | +$16.6K |
|
2337
Clear Channel Outdoor Holdings
CCO
$1.23B
| $2.21M | ﹤0.01% |
208,865
-4,954
| -2% | -$38.5K |
|
|
PGTI
2338
DELISTED
PGT, Inc.
PGTI
| $2.21M | ﹤0.01% |
229,689
-62,614
| -21% | -$584K |
|
2339
First Financial Corp
THFF
$958M
| $2.21M | ﹤0.01% |
62,069
+906
| +1% | +$30.4K |
|
2340
CEVA Inc
CEVA
$910M
| $2.21M | ﹤0.01% |
121,627
+3,305
| +3% | +$52.4K |
|
2341
PC Connection
CNXN
$2.11B
| $2.2M | ﹤0.01% |
89,742
+8,369
| +10% | +$193K |
|
|
SGI
2342
DELISTED
Silicon Graphics Intl.
SGI
| $2.2M | ﹤0.01% |
193,575
+3,755
| +2% | +$35.8K |
|
2343
First Bancorp
FBNC
$2.6B
| $2.19M | ﹤0.01% |
118,657
-1,474
| -1% | -$25.6K |
|
|
PNX
2344
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $2.19M | ﹤0.01% |
31,758
+254
| +0.8% | +$15.5K |
|
2345
Invesco Trust for Investment Grade New York Municipals
VTN
$159M
| – | – |
0
| – | – |
|
|
ESPR
2346
DELISTED
Esperion Therapeutics
ESPR
| $2.18M | ﹤0.01% |
53,923
+23,949
| +80% | +$733K |
|
|
IO
2347
DELISTED
ION Geophysical Corporation
IO
| $2.18M | ﹤0.01% |
52,803
+5,771
| +12% | +$227K |
|
|
MSFG
2348
DELISTED
MainSource Financial Group Inc
MSFG
| $2.18M | ﹤0.01% |
104,026
+1,625
| +2% | +$29.6K |
|
2349
V2X
VVX
$2.83B
| $2.17M | ﹤0.01% |
79,224
+14,538
| +22% | +$369K |
|
2350
Onto Innovation
ONTO
$12.9B
| $2.16M | ﹤0.01% |
128,679
-1,725
| -1% | -$25.6K |
|
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.