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 | |
|---|---|---|---|---|---|---|
2826
Commercial Vehicle Group
CVGI
$128M
| $1.25M | ﹤0.01% |
226,295
-19,810
| -8% | -$105K |
|
2827
Toyota
TM
$223B
| $1.24M | ﹤0.01% |
10,616
-1,476
| -12% | -$172K |
|
2828
Globant
GLOB
$1.67B
| $1.24M | ﹤0.01% |
37,270
+5,181
| +16% | +$203K |
|
2829
Century Casinos
CNTY
$34.3M
| $1.24M | ﹤0.01% |
150,825
+3,007
| +2% | +$20.8K |
|
|
STRS
2830
DELISTED
STRATUS PPTYS INC
STRS
| $1.24M | ﹤0.01% |
37,898
+764
| +2% | +$21.7K |
|
|
PLPM
2831
DELISTED
Planet Payment, Inc
PLPM
| $1.24M | ﹤0.01% |
304,322
+7,287
| +2% | +$27.6K |
|
2832
Scorpio Tankers
STNG
$3.81B
| $1.24M | ﹤0.01% |
27,350
+6,882
| +34% | +$297K |
|
|
SOHU
2833
Sohu.com
SOHU
$369M
| $1.24M | ﹤0.01% |
36,450
+12,103
| +50% | +$452K |
|
2834
Boot Barn
BOOT
$4.87B
| $1.23M | ﹤0.01% |
98,610
+1,951
| +2% | +$26.3K |
|
|
SMRT
2835
DELISTED
Stein Mart Inc
SMRT
| $1.23M | ﹤0.01% |
225,377
+8,205
| +4% | +$47.5K |
|
|
IMH
2836
DELISTED
Impac Mortgage Holdings Inc.
IMH
| $1.23M | ﹤0.01% |
88,045
+12,848
| +17% | +$190K |
|
|
PFNX
2837
DELISTED
Pfenex Inc.
PFNX
| $1.23M | ﹤0.01% |
135,617
+9,083
| +7% | +$82.9K |
|
2838
Nordic American Tanker
NAT
$1.36B
| $1.23M | ﹤0.01% |
147,487
+35,143
| +31% | +$312K |
|
2839
Quantum Corp
QMCO
$864M
| $1.23M | ﹤0.01% |
9,227
| – | – |
|
2840
Destination XL Group
DXLG
$33M
| $1.23M | ﹤0.01% |
288,807
+1,071
| +0.4% | +$4.57K |
|
2841
Kopin
KOPN
$930M
| $1.23M | ﹤0.01% |
431,683
+9,355
| +2% | +$22.7K |
|
|
RXDX
2842
DELISTED
Ignyta, Inc.
RXDX
| $1.23M | ﹤0.01% |
231,144
+4,698
| +2% | +$27.4K |
|
2843
Home Bancorp
HBCP
$567M
| $1.22M | ﹤0.01% |
31,502
+2,145
| +7% | +$68.7K |
|
2844
MediciNova
MNOV
$65.5M
| $1.22M | ﹤0.01% |
201,816
+6,847
| +4% | +$48.2K |
|
2845
United States Lime & Minerals
USLM
$3.42B
| $1.22M | ﹤0.01% |
80,245
+5,500
| +7% | +$77.5K |
|
2846
Universal Logistics Holdings
ULH
$518M
| $1.21M | ﹤0.01% |
74,214
+1,704
| +2% | +$23.8K |
|
2847
Oil-Dri
ODC
$1.28B
| $1.21M | ﹤0.01% |
63,396
-8,904
| -12% | -$165K |
|
|
VIA
2848
DELISTED
Viacom Inc. Class A
VIA
| $1.21M | ﹤0.01% |
31,446
+3,086
| +11% | +$127K |
|
|
GST
2849
DELISTED
Gastar Exploration Inc.
GST
| $1.21M | ﹤0.01% |
777,557
+85,330
| +12% | +$103K |
|
2850
Sterling Infrastructure
STRL
$16.8B
| $1.2M | ﹤0.01% |
142,384
+6,050
| +4% | +$48.4K |
|
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.