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 | |
|---|---|---|---|---|---|---|
|
HNH
2901
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $1.06M | ﹤0.01% |
41,635
+1,006
| +2% | +$23K |
|
2902
Aqua Metals
AQMS
$9.56M
| $1.06M | ﹤0.01% |
405
+128
| +46% | +$280K |
|
2903
Costamare
CMRE
$1.71B
| $1.06M | ﹤0.01% |
189,434
+148,677
| +365% | +$986K |
|
2904
Diageo
DEO
$52.2B
| $1.06M | ﹤0.01% |
10,205
+2,179
| +27% | +$229K |
|
2905
TechTarget
TTGT
$265M
| $1.06M | ﹤0.01% |
124,248
+6,213
| +5% | +$51.9K |
|
|
CEMP
2906
DELISTED
Cempra, Inc.
CEMP
| $1.06M | ﹤0.01% |
377,504
+37,805
| +11% | +$459K |
|
2907
Pan American Silver
PAAS
$22.1B
| $1.05M | ﹤0.01% |
69,870
+7,891
| +13% | +$127K |
|
|
JAX
2908
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $1.05M | ﹤0.01% |
97,753
+2,266
| +2% | +$22.4K |
|
2909
Teekay Tankers
TNK
$2.81B
| $1.05M | ﹤0.01% |
58,074
+35,912
| +162% | +$704K |
|
|
AOI
2910
DELISTED
Alliance One International
AOI
| $1.05M | ﹤0.01% |
54,615
+1,182
| +2% | +$19.9K |
|
2911
Northern Oil and Gas
NOG
$2.57B
| $1.05M | ﹤0.01% |
38,070
+1,389
| +4% | +$33.1K |
|
2912
STRATTEC Security
STRT
$341M
| $1.04M | ﹤0.01% |
25,793
+1,149
| +5% | +$43.7K |
|
2913
Preformed Line Products
PLPC
$2.29B
| $1.03M | ﹤0.01% |
17,778
+254
| +1% | +$12.9K |
|
2914
QuinStreet
QNST
$1.19B
| $1.03M | ﹤0.01% |
273,791
+10,658
| +4% | +$34.6K |
|
|
DGAS
2915
DELISTED
Delta Natural Gas Co Inc
DGAS
| $1.03M | ﹤0.01% |
35,055
-1,623
| -4% | -$41.2K |
|
2916
Distribution Solutions Group
DSGR
$1.61B
| $1.03M | ﹤0.01% |
86,340
+2,916
| +3% | +$31.2K |
|
|
RLH
2917
DELISTED
Red Lions Hotel Corporation
RLH
| $1.03M | ﹤0.01% |
123,032
+30,544
| +33% | +$263K |
|
|
CYBE
2918
DELISTED
Cyberoptics Corp
CYBE
| $1.03M | ﹤0.01% |
39,332
+80
| +0.2% | +$2.09K |
|
|
GUID
2919
DELISTED
Guidance Software, Inc.
GUID
| $1.03M | ﹤0.01% |
144,990
+6,177
| +4% | +$39.4K |
|
|
LSBG
2920
DELISTED
Lake Sunapee Bank Group
LSBG
| $1.02M | ﹤0.01% |
43,325
+182
| +0.4% | +$3.73K |
|
|
OMCC
2921
DELISTED
Old Market Capital Corp
OMCC
| $1.02M | ﹤0.01% |
85,662
+140
| +0.2% | +$1.42K |
|
|
HALL
2922
DELISTED
Hallmark Financial Services, Inc.
HALL
| $1.02M | ﹤0.01% |
8,746
+22
| +0.3% | +$2.39K |
|
|
AVID
2923
DELISTED
Avid Technology Inc
AVID
| $1.01M | ﹤0.01% |
230,592
+1,994
| +0.9% | +$11.1K |
|
|
RST
2924
DELISTED
ROSETTA STONE INC
RST
| $1.01M | ﹤0.01% |
113,313
+1,724
| +2% | +$13.8K |
|
|
AC
2925
DELISTED
Associated Capital Group
AC
| $1.01M | ﹤0.01% |
30,841
+1,157
| +4% | +$39.2K |
|
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.