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 | |
|---|---|---|---|---|---|---|
|
FONR
2976
DELISTED
Fonar
FONR
| $919K | ﹤0.01% |
48,023
+5,375
| +13% | +$104K |
|
2977
Nature's Sunshine
NATR
$273M
| $919K | ﹤0.01% |
61,278
+1,532
| +3% | +$22.4K |
|
2978
Ambev
ABEV
$43.5B
| $917K | ﹤0.01% |
186,872
-25,143
| -12% | -$136K |
|
|
PEO
2979
Adams Natural Resources Fund
PEO
$776M
| $916K | ﹤0.01% |
+47,237
| New | +$902K |
|
2980
Unilever
UL
$133B
| $914K | ﹤0.01% |
19,975
+2,587
| +15% | +$121K |
|
2981
BlackRock Resources & Commodities Strategy Trust
BCX
$965M
| $911K | ﹤0.01% |
110,180
| – | – |
|
|
CRCM
2982
DELISTED
CARE.COM, INC.
CRCM
| $910K | ﹤0.01% |
106,212
| – | – |
|
|
LAND
2983
Gladstone Land Corp
LAND
$353M
| $908K | ﹤0.01% |
80,842
+56
| +0.1% | +$596 |
|
|
PZN
2984
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $907K | ﹤0.01% |
81,677
+2,176
| +3% | +$19.5K |
|
|
PFBI
2985
DELISTED
Premier Financial Bancorp
PFBI
| $906K | ﹤0.01% |
56,403
+977
| +2% | +$13.6K |
|
2986
AstraZeneca
AZN
$246B
| $902K | ﹤0.01% |
16,523
-12,038
| -42% | -$684K |
|
|
FLNT
2987
Fluent
FLNT
$129M
| $902K | ﹤0.01% |
43,578
+14,676
| +51% | +$318K |
|
2988
Assembly Biosciences
ASMB
$536M
| $899K | ﹤0.01% |
6,170
+140
| +2% | +$20.8K |
|
|
YUME
2989
DELISTED
YuMe, Inc.
YUME
| $896K | ﹤0.01% |
250,331
| – | – |
|
2990
BBVA Argentina
BBAR
$3.25B
| $893K | ﹤0.01% |
51,285
-6,841
| -12% | -$128K |
|
|
ESSA
2991
DELISTED
ESSA Bancorp
ESSA
| $886K | ﹤0.01% |
56,368
+2,534
| +5% | +$37.3K |
|
2992
Veracyte
VCYT
$3.59B
| $885K | ﹤0.01% |
114,372
+16,209
| +17% | +$121K |
|
|
SSI
2993
DELISTED
Stage Stores Inc
SSI
| $884K | ﹤0.01% |
202,510
+4,131
| +2% | +$20.4K |
|
2994
NovoCure
NVCR
$2.05B
| $880K | ﹤0.01% |
112,221
+14,546
| +15% | +$117K |
|
|
HOME
2995
DELISTED
At Home Group Inc.
HOME
| $873K | ﹤0.01% |
59,707
+10,871
| +22% | +$139K |
|
|
GV
2996
DELISTED
Goldfield Corporation
GV
| $872K | ﹤0.01% |
171,159
+51,446
| +43% | +$182K |
|
|
SIFI
2997
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $872K | ﹤0.01% |
56,667
+10,569
| +23% | +$148K |
|
|
PMBC
2998
DELISTED
Pacific Mercantile Bancorp
PMBC
| $870K | ﹤0.01% |
119,182
+4,171
| +4% | +$28.1K |
|
2999
WIX.com
WIX
$2.88B
| $868K | ﹤0.01% |
19,506
-15,894
| -45% | -$717K |
|
|
CHMI
3000
Cherry Hill Mortgage Investment Corp
CHMI
$107M
| $867K | ﹤0.01% |
47,724
+5,312
| +13% | +$91.5K |
|
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.