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 | |
|---|---|---|---|---|---|---|
3001
Arq
ARQ
$100M
| $863K | ﹤0.01% |
93,402
+7,047
| +8% | +$61.8K |
|
|
OIG
3002
DELISTED
Orbital Infrastructure Group, Inc. Common Stock
OIG
| $863K | ﹤0.01% |
3,114
+7
| +0.2% | +$1.64K |
|
3003
Barclays
BCS
$94.4B
| $858K | ﹤0.01% |
82,799
+17,780
| +27% | +$168K |
|
|
EVRI
3004
DELISTED
Everi Holdings
EVRI
| $857K | ﹤0.01% |
395,552
+20,907
| +6% | +$48.5K |
|
|
GEN
3005
DELISTED
Genesis Healthcare, Inc.
GEN
| $856K | ﹤0.01% |
201,441
+6,121
| +3% | +$20.2K |
|
|
NVO
3006
Novo Nordisk
NVO
$203B
| $855K | ﹤0.01% |
47,736
+8,124
| +21% | +$147K |
|
|
ATHX
3007
DELISTED
Athersys, Inc. Common Stock
ATHX
| $855K | ﹤0.01% |
22,361
+619
| +3% | +$27.2K |
|
|
EGLT
3008
DELISTED
Egalet Corporation
EGLT
| $855K | ﹤0.01% |
111,809
+6,527
| +6% | +$47.8K |
|
|
AFCO
3009
DELISTED
American Farmland Company
AFCO
| $855K | ﹤0.01% |
107,310
+9,057
| +9% | +$68.2K |
|
|
SYUT
3010
DELISTED
Synutra International, Inc.
SYUT
| $852K | ﹤0.01% |
159,373
+2,618
| +2% | +$12.6K |
|
3011
Option Care Health
OPCH
$3.57B
| $851K | ﹤0.01% |
204,739
+5,600
| +3% | +$43K |
|
|
SPNS
3012
DELISTED
Sapiens International
SPNS
| $851K | ﹤0.01% |
59,429
+9,410
| +19% | +$132K |
|
3013
Toronto Dominion Bank
TD
$204B
| $851K | ﹤0.01% |
+17,254
| New | +$806K |
|
3014
Rio Tinto
RIO
$165B
| $850K | ﹤0.01% |
22,119
+675
| +3% | +$24.8K |
|
|
KONA
3015
DELISTED
Kona Grill, Inc.
KONA
| $847K | ﹤0.01% |
67,546
+1,672
| +3% | +$19.8K |
|
3016
Gaia
GAIA
$30.8M
| $842K | ﹤0.01% |
97,385
+84
| +0.1% | +$676 |
|
3017
Tower Semiconductor
TSEM
$29.4B
| $842K | ﹤0.01% |
44,291
+9,370
| +27% | +$162K |
|
3018
Blue Bird Corp
BLBD
$2.04B
| $841K | ﹤0.01% |
54,473
+5,791
| +12% | +$90.1K |
|
|
DLA
3019
DELISTED
Delta Apparel Inc.
DLA
| $840K | ﹤0.01% |
40,560
-9,876
| -20% | -$179K |
|
|
AUTO
3020
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $840K | ﹤0.01% |
62,512
+1,232
| +2% | +$18.3K |
|
|
HDNG
3021
DELISTED
Hardinge Inc
HDNG
| $840K | ﹤0.01% |
75,823
+2,013
| +3% | +$21.1K |
|
|
RNWK
3022
DELISTED
RealNetworks Inc
RNWK
| $839K | ﹤0.01% |
172,746
+4,589
| +3% | +$21.6K |
|
3023
LifeVantage
LFVN
$82.1M
| $838K | ﹤0.01% |
102,908
-115
| -0.1% | -$983 |
|
3024
Escalade
ESCA
$284M
| $836K | ﹤0.01% |
63,402
+2,914
| +5% | +$37.9K |
|
|
AREX
3025
DELISTED
Approach Resources Inc.
AREX
| $833K | ﹤0.01% |
248,792
+34,930
| +16% | +$114K |
|
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.