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 | |
|---|---|---|---|---|---|---|
2651
Daily Journal
DJCO
$767M
| $1.74M | ﹤0.01% |
7,199
+3,339
| +87% | +$773K |
|
|
ACAS
2652
DELISTED
American Capital Ltd
ACAS
| $1.74M | ﹤0.01% |
97,129
+8,184
| +9% | +$141K |
|
|
SRNE
2653
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $1.73M | ﹤0.01% |
353,433
+760
| +0.2% | +$4.57K |
|
2654
V2X
VVX
$2.55B
| $1.73M | ﹤0.01% |
72,553
+1,081
| +2% | +$22K |
|
2655
Atlanta Braves Holdings Series A
BATRA
$3.63B
| $1.73M | ﹤0.01% |
84,329
+4,927
| +6% | +$92.6K |
|
|
TUES
2656
DELISTED
Tuesday Morning Corp
TUES
| $1.73M | ﹤0.01% |
319,668
+8,722
| +3% | +$46.9K |
|
2657
Liberty All-Star Equity Fund
USA
$1.87B
| $1.72M | ﹤0.01% |
334,238
+184,560
| +123% | +$936K |
|
2658
Liquidity Services
LQDT
$1.35B
| $1.72M | ﹤0.01% |
176,149
+4,743
| +3% | +$45.3K |
|
|
KEM
2659
DELISTED
KEMET Corporation
KEM
| $1.71M | ﹤0.01% |
258,736
+24,223
| +10% | +$116K |
|
|
TRR
2660
DELISTED
Trc Companies
TRR
| $1.71M | ﹤0.01% |
161,637
+1,038
| +0.6% | +$9.66K |
|
2661
Rapid7
RPD
$827M
| $1.71M | ﹤0.01% |
140,723
+16,940
| +14% | +$229K |
|
2662
Sanofi
SNY
$105B
| $1.71M | ﹤0.01% |
42,236
+2,855
| +7% | +$112K |
|
|
BRT
2663
BRT Apartments
BRT
$268M
| $1.71M | ﹤0.01% |
208,311
| – | – |
|
|
WINS
2664
DELISTED
Wins Finance Holdings Inc. Ordinary Shares (Cayman Islands)
WINS
| $1.7M | ﹤0.01% |
+9,467
| New | +$880K |
|
2665
Crawford & Co Class B
CRD.B
$589M
| $1.7M | ﹤0.01% |
135,484
+949
| +0.7% | +$11.7K |
|
2666
Johnson Outdoors
JOUT
$499M
| $1.7M | ﹤0.01% |
42,873
-12,390
| -22% | -$478K |
|
|
ESIO
2667
DELISTED
Electro Scientific Industries
ESIO
| $1.7M | ﹤0.01% |
287,435
+3,094
| +1% | +$16.9K |
|
|
CSS
2668
DELISTED
CSS Industries, Inc.
CSS
| $1.7M | ﹤0.01% |
62,616
-5,835
| -9% | -$154K |
|
|
GCAP
2669
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.69M | ﹤0.01% |
256,927
-4,940
| -2% | -$29.8K |
|
|
MR
2670
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.69M | ﹤0.01% |
42,097
+4,970
| +13% | +$222K |
|
|
LTS
2671
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.68M | ﹤0.01% |
687,853
+14,664
| +2% | +$34.1K |
|
2672
Limoneira
LMNR
$251M
| $1.67M | ﹤0.01% |
77,788
+1,479
| +2% | +$28.7K |
|
2673
BlackBerry
BB
$5.14B
| $1.67M | ﹤0.01% |
243,014
-15,351
| -6% | -$114K |
|
|
PETX
2674
DELISTED
Aratana Therapeutics, Inc.
PETX
| $1.67M | ﹤0.01% |
232,887
+26,332
| +13% | +$213K |
|
|
GLUU
2675
DELISTED
Glu Mobile Inc.
GLUU
| $1.67M | ﹤0.01% |
861,418
+40,563
| +5% | +$85.1K |
|
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.