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 | |
|---|---|---|---|---|---|---|
|
CUTR
2601
DELISTED
Cutera, Inc.
CUTR
| $1.91M | ﹤0.01% |
110,184
+21,659
| +24% | +$324K |
|
|
HCOM
2602
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $1.91M | ﹤0.01% |
77,107
+1,234
| +2% | +$28K |
|
2603
Duluth Holdings
DLTH
$151M
| $1.91M | ﹤0.01% |
75,171
+6,725
| +10% | +$195K |
|
2604
Dr. Reddy's Laboratories
RDY
$10.3B
| $1.9M | ﹤0.01% |
211,985
+39,205
| +23% | +$365K |
|
2605
Titan Machinery
TITN
$431M
| $1.9M | ﹤0.01% |
130,638
+2,687
| +2% | +$32K |
|
|
CTO
2606
CTO Realty Growth
CTO
$819M
| $1.9M | ﹤0.01% |
131,231
+1,197
| +0.9% | +$17K |
|
2607
Orion Group Holdings
ORN
$402M
| $1.9M | ﹤0.01% |
190,664
+23,884
| +14% | +$212K |
|
|
NVEE
2608
DELISTED
NV5 Global
NVEE
| $1.9M | ﹤0.01% |
227,028
+18,896
| +9% | +$155K |
|
|
JONE
2609
DELISTED
Jones Energy, Inc.
JONE
| $1.89M | ﹤0.01% |
20,579
+2,465
| +14% | +$200K |
|
2610
Ducommun
DCO
$3.04B
| $1.89M | ﹤0.01% |
74,002
+1,780
| +2% | +$43.4K |
|
2611
Addus HomeCare
ADUS
$2.2B
| $1.89M | ﹤0.01% |
53,912
+5,129
| +11% | +$158K |
|
2612
Icon
ICLR
$12.9B
| $1.89M | ﹤0.01% |
25,097
+2,659
| +12% | +$206K |
|
|
SFE
2613
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.88M | ﹤0.01% |
139,979
+3,676
| +3% | +$45.3K |
|
2614
AppFolio
APPF
$6.97B
| $1.87M | ﹤0.01% |
78,575
+2,096
| +3% | +$43.6K |
|
|
SGMO
2615
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $1.87M | ﹤0.01% |
614,633
+101,995
| +20% | +$371K |
|
|
ORM
2616
DELISTED
Owens Realty Mortgage, Inc.
ORM
| $1.87M | ﹤0.01% |
100,918
+823
| +0.8% | +$14.8K |
|
|
FPI
2617
Farmland Partners
FPI
$425M
| $1.87M | ﹤0.01% |
167,391
+38,397
| +30% | +$419K |
|
2618
Evolent Health
EVH
$471M
| $1.87M | ﹤0.01% |
126,164
+9,352
| +8% | +$184K |
|
|
CLD
2619
DELISTED
Cloud Peak Energy Inc
CLD
| $1.86M | ﹤0.01% |
331,889
-39,272
| -11% | -$237K |
|
|
ENZ
2620
DELISTED
Enzo Biochem, Inc.
ENZ
| $1.86M | ﹤0.01% |
268,083
+6,965
| +3% | +$44.5K |
|
2621
Covenant Logistics
CVLG
$865M
| $1.86M | ﹤0.01% |
192,278
+4,096
| +2% | +$38.3K |
|
|
SOR
2622
Source Capital
SOR
$386M
| $1.86M | ﹤0.01% |
+51,780
| New | +$1.86M |
|
2623
Bar Harbor Bankshares
BHB
$677M
| $1.86M | ﹤0.01% |
58,883
+821
| +1% | +$22.7K |
|
|
EVBG
2624
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $1.85M | ﹤0.01% |
100,466
+88,494
| +739% | +$1.44M |
|
2625
Editas Medicine
EDIT
$436M
| $1.85M | ﹤0.01% |
113,979
+11,335
| +11% | +$172K |
|
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.