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 |
Apple
AAPL
|
+$202M |
| 2 |
Microsoft
MSFT
|
+$177M |
| 3 |
ExxonMobil
XOM
|
+$151M |
| 4 |
Amazon
AMZN
|
+$143M |
| 5 |
Johnson & Johnson
JNJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DNY
DONNELLEY R R & SONS CO
DNY
|
+$322M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
+$143M |
| 3 |
Alcoa
AA
|
+$99.8M |
| 4 |
Yum! Brands
YUM
|
+$76.8M |
| 5 |
ITC
ITC HOLDINGS CORP
ITC
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.15% |
| 2 | Technology | 14.96% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.62% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Monarch Casino & Resort
MCRI
$2.22B
| $2.31M | ﹤0.01% |
89,457
+16,053
| +22% | +$398K |
|
2502
Myers Industries
MYE
$1.23B
| $2.31M | ﹤0.01% |
161,223
+3,508
| +2% | +$47.6K |
|
2503
El Pollo Loco
LOCO
$463M
| $2.3M | ﹤0.01% |
187,334
+21,987
| +13% | +$272K |
|
|
SHYF
2504
DELISTED
The Shyft Group
SHYF
| $2.3M | ﹤0.01% |
248,893
-1,043
| -0.4% | -$9.35K |
|
2505
Bristow Group
VTOL
$1.36B
| $2.3M | ﹤0.01% |
67,692
+2,838
| +4% | +$61.9K |
|
2506
CNB Financial Corp
CCNE
$1.03B
| $2.29M | ﹤0.01% |
85,753
-352
| -0.4% | -$8.07K |
|
|
MOFG
2507
DELISTED
MidWestOne Financial Group
MOFG
| $2.28M | ﹤0.01% |
60,743
+1,613
| +3% | +$53.7K |
|
|
BOJA
2508
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $2.28M | ﹤0.01% |
122,278
+31,065
| +34% | +$541K |
|
|
UCTT
2509
Ultra Clean Holdings
UCTT
$4.1B
| $2.28M | ﹤0.01% |
234,851
+25,674
| +12% | +$233K |
|
|
SPPI
2510
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.28M | ﹤0.01% |
514,469
+30,562
| +6% | +$128K |
|
|
STRP
2511
DELISTED
Straight Path Communications Inc.
STRP
| $2.28M | ﹤0.01% |
67,129
-7,203
| -10% | -$199K |
|
2512
Digimarc Corp
DMRC
$167M
| $2.27M | ﹤0.01% |
75,735
+6,781
| +10% | +$212K |
|
|
RYZ
2513
Ryerson Holding Corp
RYZ
$1.5B
| $2.27M | ﹤0.01% |
169,786
+306
| +0.2% | +$3.75K |
|
2514
SolarEdge
SEDG
$1.97B
| $2.27M | ﹤0.01% |
182,752
+26,980
| +17% | +$375K |
|
2515
Geron
GERN
$1.01B
| $2.26M | ﹤0.01% |
1,091,992
-36,579
| -3% | -$77.2K |
|
2516
Old Second Bancorp
OSBC
$1.31B
| $2.26M | ﹤0.01% |
204,353
+4,929
| +2% | +$44.7K |
|
2517
VSE Corp
VSEC
$6.81B
| $2.26M | ﹤0.01% |
58,141
+1,361
| +2% | +$48.7K |
|
2518
Nicolet Bankshares
NIC
$3.72B
| $2.25M | ﹤0.01% |
47,175
+11,893
| +34% | +$498K |
|
|
PERY
2519
DELISTED
Perry Ellis International Inc
PERY
| $2.24M | ﹤0.01% |
89,954
+3,176
| +4% | +$71.1K |
|
2520
Pacific Biosciences
PACB
$345M
| $2.24M | ﹤0.01% |
589,134
+14,177
| +2% | +$103K |
|
|
VIVS
2521
VivoSim Labs
VIVS
$1.16M
| $2.24M | ﹤0.01% |
2,752
+120
| +5% | +$95.2K |
|
|
EPE
2522
DELISTED
EP Energy Corporation
EPE
| $2.23M | ﹤0.01% |
341,181
+77,975
| +30% | +$379K |
|
2523
Rockwell Medical
RMTI
$29.6M
| $2.22M | ﹤0.01% |
3,079
+75
| +2% | +$51.8K |
|
2524
Natural Health Trends
NHTC
$15.4M
| $2.22M | ﹤0.01% |
89,188
-16,959
| -16% | -$427K |
|
|
PKD
2525
DELISTED
Parker Drilling Company
PKD
| $2.21M | ﹤0.01% |
56,792
+1,518
| +3% | +$51.9K |
|
Similar funds
Geode Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Geode Capital Management held 4,166 positions worth $215B, up 8.3% from $199B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management deployed $9B of net new capital in Q4 2016, opening 143 new positions and adding to 3,245 existing holdings. Its largest new stake was Howmet Aerospace: 5,172,703 shares worth $73.5M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Alcoa, an estimated $99.8M trimmed.
- Geode Capital Management's largest Q4 2016 buy was Howmet Aerospace: 5,172,703 shares worth $73.5M.
- Geode Capital Management added most to Apple in Q4 2016, an estimated $202M increase.
- Geode Capital Management's biggest Q4 2016 reduction was Alcoa, cutting an estimated $99.8M.
- Geode Capital Management fully exited DONNELLEY R R & SONS CO in Q4 2016, selling an estimated $322M.
- Geode Capital Management's ten largest holdings make up 15% of its $215B portfolio in Q4 2016.
- Geode Capital Management opened 143 new positions and closed 131 in Q4 2016.
- Geode Capital Management's portfolio value rose 8.3% quarter-over-quarter to $215B.
Based on Geode Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.