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 | |
|---|---|---|---|---|---|---|
2626
Vicor
VICR
$10.4B
| $1.85M | ﹤0.01% |
122,275
+6,939
| +6% | +$95.9K |
|
|
LJPC
2627
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.85M | ﹤0.01% |
105,322
+6,211
| +6% | +$119K |
|
2628
Methanex
MEOH
$4.17B
| $1.84M | ﹤0.01% |
42,069
+5,519
| +15% | +$220K |
|
2629
Axogen
AXGN
$2.67B
| $1.84M | ﹤0.01% |
204,615
+39,020
| +24% | +$336K |
|
2630
Royce Value Trust
RVT
$2.31B
| $1.83M | ﹤0.01% |
136,538
-26,038
| -16% | -$335K |
|
2631
Neurogene
NGNE
$738M
| $1.82M | ﹤0.01% |
5,525
+1,349
| +32% | +$363K |
|
|
AKAO
2632
DELISTED
Achaogen Inc
AKAO
| $1.82M | ﹤0.01% |
139,955
+29,292
| +26% | +$201K |
|
|
QADA
2633
DELISTED
QAD Inc.
QADA
| $1.82M | ﹤0.01% |
59,939
+3,301
| +6% | +$86.7K |
|
|
TBHC
2634
DELISTED
The Brand House Collective
TBHC
| $1.82M | ﹤0.01% |
117,424
+6,933
| +6% | +$97K |
|
2635
LSI Industries
LYTS
$890M
| $1.82M | ﹤0.01% |
187,070
+9,941
| +6% | +$97.9K |
|
|
BETR
2636
DELISTED
Amplify Snack Brands, Inc.
BETR
| $1.82M | ﹤0.01% |
206,790
+5,800
| +3% | +$70.3K |
|
2637
Logitech
LOGI
$14.8B
| $1.82M | ﹤0.01% |
73,357
+6,799
| +10% | +$163K |
|
|
NVTA
2638
DELISTED
Invitae Corporation
NVTA
| $1.81M | ﹤0.01% |
228,470
+79,634
| +54% | +$596K |
|
2639
Rigel Pharmaceuticals
RIGL
$782M
| $1.81M | ﹤0.01% |
76,167
-4,119
| -5% | -$118K |
|
|
RSO
2640
DELISTED
Resource Capital Corp.
RSO
| $1.81M | ﹤0.01% |
217,215
+841
| +0.4% | +$8.73K |
|
|
CACQ
2641
DELISTED
Caesars Acquisition Company
CACQ
| $1.81M | ﹤0.01% |
133,938
+17,766
| +15% | +$216K |
|
|
GLDD
2642
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.8M | ﹤0.01% |
429,034
+29,401
| +7% | +$119K |
|
|
MCBC
2643
DELISTED
Macatawa Bank Corp
MCBC
| $1.79M | ﹤0.01% |
172,143
+5,177
| +3% | +$46.5K |
|
|
EMKR
2644
DELISTED
Emcore Corp
EMKR
| $1.78M | ﹤0.01% |
20,505
-945
| -4% | -$65K |
|
|
ZEUS
2645
DELISTED
Olympic Steel
ZEUS
| $1.78M | ﹤0.01% |
73,313
+6,975
| +11% | +$165K |
|
2646
Stratasys
SSYS
$767M
| $1.76M | ﹤0.01% |
106,366
+23,587
| +28% | +$462K |
|
|
HDSN
2647
Hudson Technologies
HDSN
$236M
| $1.75M | ﹤0.01% |
219,020
+52,488
| +32% | +$370K |
|
|
TIS
2648
DELISTED
Orchids Paper Products, Inc.
TIS
| $1.75M | ﹤0.01% |
66,914
+1,978
| +3% | +$51.1K |
|
2649
Arbor Realty Trust
ABR
$974M
| $1.75M | ﹤0.01% |
234,513
+6,582
| +3% | +$48.5K |
|
2650
Clearfield
CLFD
$395M
| $1.74M | ﹤0.01% |
84,060
+2,349
| +3% | +$44.6K |
|
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.