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 | |
|---|---|---|---|---|---|---|
3076
Vitamin Cottage Natural Grocers
NGVC
$625M
| $727K | ﹤0.01% |
61,152
+1,678
| +3% | +$19.9K |
|
3077
Martin Midstream Partners
MMLP
$93.9M
| $723K | ﹤0.01% |
39,439
+24,564
| +165% | +$451K |
|
3078
Jakks Pacific
JAKK
$289M
| $722K | ﹤0.01% |
14,027
+2,193
| +19% | +$152K |
|
3079
Ameresco
AMRC
$1.47B
| $721K | ﹤0.01% |
131,237
+4,166
| +3% | +$23.2K |
|
|
CDTX
3080
DELISTED
Cidara Therapeutics
CDTX
| $721K | ﹤0.01% |
3,471
+1,565
| +82% | +$325K |
|
|
DALN
3081
DELISTED
DallasNews
DALN
| $719K | ﹤0.01% |
28,317
+735
| +3% | +$19.1K |
|
|
XONE
3082
DELISTED
The ExOne Company
XONE
| $717K | ﹤0.01% |
76,869
+1,817
| +2% | +$20.8K |
|
3083
Royal Bank of Canada
RY
$297B
| $715K | ﹤0.01% |
10,560
+3,552
| +51% | +$230K |
|
|
BFYT
3084
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $715K | ﹤0.01% |
40,132
+13,360
| +50% | +$130K |
|
|
TAX
3085
DELISTED
Liberty Tax, Inc. Class A
TAX
| $715K | ﹤0.01% |
53,359
+2,705
| +5% | +$34.6K |
|
|
VSA
3086
VisionSys AI
VSA
$10.1M
| $711K | ﹤0.01% |
19
+2
| +12% | +$77.1K |
|
|
SCWX
3087
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $711K | ﹤0.01% |
67,161
+5,131
| +8% | +$60.6K |
|
|
JCAP
3088
DELISTED
Jernigan Capital, Inc.
JCAP
| $711K | ﹤0.01% |
33,823
+8,772
| +35% | +$168K |
|
3089
Bankwell Financial Group
BWFG
$547M
| $708K | ﹤0.01% |
21,813
+1,045
| +5% | +$28.6K |
|
3090
Immunic
IMUX
$220M
| $708K | ﹤0.01% |
407
+12
| +3% | +$26.3K |
|
3091
BRC Group Holdings
RILY
$307M
| $706K | ﹤0.01% |
38,274
+4,742
| +14% | +$71.7K |
|
|
CYBR
3092
DELISTED
CyberArk
CYBR
| $702K | ﹤0.01% |
15,431
+2,295
| +17% | +$112K |
|
|
ESTE
3093
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $700K | ﹤0.01% |
50,989
+821
| +2% | +$9.69K |
|
3094
American Superconductor
AMSC
$1.58B
| $698K | ﹤0.01% |
94,817
+2,151
| +2% | +$16.1K |
|
3095
Workhorse Group
WKHS
$34M
| $697K | ﹤0.01% |
33
+4
| +14% | +$85.8K |
|
|
SIEN
3096
DELISTED
Sientra, Inc.
SIEN
| $697K | ﹤0.01% |
8,187
+1,845
| +29% | +$153K |
|
|
I
3097
DELISTED
INTELSAT S. A.
I
| $694K | ﹤0.01% |
260,028
+4,765
| +2% | +$14.4K |
|
|
MOMO
3098
Hello Group
MOMO
$866M
| $691K | ﹤0.01% |
37,656
+15,926
| +73% | +$352K |
|
3099
ENI
E
$79.7B
| $690K | ﹤0.01% |
21,402
+9,375
| +78% | +$274K |
|
3100
Alico
ALCO
$313M
| $689K | ﹤0.01% |
25,397
+512
| +2% | +$14K |
|
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.