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 | |
|---|---|---|---|---|---|---|
|
STS
2801
DELISTED
Supreme Industries Inc Class A
STS
| $1.33M | ﹤0.01% |
84,839
+1,623
| +2% | +$24.4K |
|
2802
LCNB Corp
LCNB
$281M
| $1.33M | ﹤0.01% |
57,071
+3,910
| +7% | +$79.4K |
|
2803
Southern Missouri Bancorp
SMBC
$853M
| $1.33M | ﹤0.01% |
37,503
+5,331
| +17% | +$151K |
|
|
TWNKW
2804
DELISTED
Hostess Brands, Inc. Warrants
TWNKW
| $1.32M | ﹤0.01% |
+764,003
| New | +$1.32M |
|
|
AFH
2805
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $1.32M | ﹤0.01% |
73,178
+17,786
| +32% | +$303K |
|
|
ONDK
2806
DELISTED
On Deck Capital, Inc.
ONDK
| $1.32M | ﹤0.01% |
284,516
+5,803
| +2% | +$27.1K |
|
2807
Build-A-Bear
BBW
$464M
| $1.32M | ﹤0.01% |
95,718
+2,545
| +3% | +$33.7K |
|
2808
Weyco Group
WEYS
$446M
| $1.31M | ﹤0.01% |
42,026
+2,117
| +5% | +$59.3K |
|
|
MOBL
2809
DELISTED
MobileIron, Inc.
MOBL
| $1.31M | ﹤0.01% |
349,270
+51,089
| +17% | +$195K |
|
|
QTNA
2810
DELISTED
Quantenna Communications, Inc. Common Stock
QTNA
| $1.3M | ﹤0.01% |
+72,009
| New | +$1.27M |
|
|
CYOU
2811
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $1.3M | ﹤0.01% |
61,514
+27,777
| +82% | +$703K |
|
2812
Tiptree Inc
TIPT
$668M
| $1.3M | ﹤0.01% |
211,545
+448
| +0.2% | +$2.78K |
|
|
ACGN
2813
DELISTED
Aceragen Inc
ACGN
| $1.3M | ﹤0.01% |
6,385
+1,112
| +21% | +$265K |
|
2814
Clear Channel Outdoor Holdings
CCO
$1.23B
| $1.3M | ﹤0.01% |
257,742
-5,385
| -2% | -$30.1K |
|
|
SNAK
2815
DELISTED
Inventure Foods, Inc.
SNAK
| $1.3M | ﹤0.01% |
131,972
+3,067
| +2% | +$27.8K |
|
2816
Tilly's
TLYS
$121M
| $1.3M | ﹤0.01% |
98,383
+21,926
| +29% | +$244K |
|
|
HK
2817
DELISTED
Halcon Resources Corporation
HK
| $1.29M | ﹤0.01% |
138,693
+125,609
| +960% | +$1.18M |
|
|
CNBKA
2818
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.29M | ﹤0.01% |
21,573
+291
| +1% | +$15.1K |
|
|
DRRX
2819
DELISTED
DURECT Corp
DRRX
| $1.29M | ﹤0.01% |
96,076
+12,423
| +15% | +$159K |
|
2820
Agilysys
AGYS
$3.03B
| $1.28M | ﹤0.01% |
123,665
+4,358
| +4% | +$45K |
|
2821
INNOVATE Corp
VATE
$105M
| $1.28M | ﹤0.01% |
21,576
+3,635
| +20% | +$180K |
|
|
OMED
2822
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $1.28M | ﹤0.01% |
165,963
+27,457
| +20% | +$252K |
|
2823
UFP Technologies
UFPT
$2.5B
| $1.28M | ﹤0.01% |
50,159
+605
| +1% | +$15.6K |
|
2824
WPP
WPP
$5.8B
| $1.27M | ﹤0.01% |
11,514
+574
| +5% | +$62.2K |
|
2825
Invesco Value Municipal Income Trust
IIM
$598M
| $1.26M | ﹤0.01% |
85,955
+71,476
| +494% | +$1.07M |
|
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.