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 | |
|---|---|---|---|---|---|---|
3126
Twin Disc
TWIN
$351M
| $642K | ﹤0.01% |
44,013
+92
| +0.2% | +$1.19K |
|
3127
Civista Bancshares
CIVB
$597M
| $641K | ﹤0.01% |
33,026
+21,723
| +192% | +$355K |
|
|
NH
3128
DELISTED
NantHealth, Inc
NH
| $639K | ﹤0.01% |
4,292
+530
| +14% | +$93.8K |
|
|
ASXC
3129
DELISTED
Asensus Surgical, Inc.
ASXC
| $637K | ﹤0.01% |
37,735
+868
| +2% | +$17.8K |
|
|
GGZ
3130
Gabelli Global Small and Mid-Cap Value Trust
GGZ
$128M
| $636K | ﹤0.01% |
60,065
-17,180
| -22% | -$180K |
|
|
AE
3131
DELISTED
Adams Resources & Energy Inc
AE
| $632K | ﹤0.01% |
15,949
+558
| +4% | +$21.9K |
|
3132
CPI Card Group
PMTS
$346M
| $630K | ﹤0.01% |
30,362
+806
| +3% | +$18.5K |
|
|
FBRC
3133
DELISTED
FBR & Co. Common Stock
FBRC
| $629K | ﹤0.01% |
48,451
+1,025
| +2% | +$13.3K |
|
3134
Stagwell
STGW
$2.26B
| $625K | ﹤0.01% |
95,472
+11,187
| +13% | +$82.7K |
|
|
NAGE
3135
Niagen Bioscience
NAGE
$242M
| $621K | ﹤0.01% |
187,798
+12,395
| +7% | +$33.7K |
|
|
HOLI
3136
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $620K | ﹤0.01% |
33,919
+9,965
| +42% | +$197K |
|
3137
Genie Energy
GNE
$377M
| $619K | ﹤0.01% |
107,764
+2,420
| +2% | +$14K |
|
|
TTOO
3138
DELISTED
T2 Biosystems, Inc
TTOO
| $616K | ﹤0.01% |
23
+1
| +5% | +$30.8K |
|
|
EGAS
3139
DELISTED
Gas Natural Inc.
EGAS
| $613K | ﹤0.01% |
48,909
| – | – |
|
3140
Colliers International
CIGI
$5.12B
| $612K | ﹤0.01% |
16,626
+1,414
| +9% | +$53.3K |
|
|
ALSK
3141
DELISTED
Alaska Communications Systems
ALSK
| $611K | ﹤0.01% |
373,016
+1,240
| +0.3% | +$2.02K |
|
|
HWCC
3142
DELISTED
Houston Wire & Cable Company
HWCC
| $609K | ﹤0.01% |
93,809
+204
| +0.2% | +$1.23K |
|
3143
IRIDEX
IRIX
$14.4M
| $607K | ﹤0.01% |
43,220
+1,531
| +4% | +$21.7K |
|
3144
Central Garden & Pet Co
CENT
$2.79B
| $604K | ﹤0.01% |
22,826
-3,729
| -14% | -$85K |
|
3145
Consumer Portfolio Services
CPSS
$201M
| $603K | ﹤0.01% |
117,935
+4,468
| +4% | +$21.5K |
|
3146
W&T Offshore
WTI
$557M
| $602K | ﹤0.01% |
217,547
-200
| -0.1% | -$372 |
|
|
PAMT
3147
PAMT Corp
PAMT
$269M
| $602K | ﹤0.01% |
92,768
-400
| -0.4% | -$2.3K |
|
3148
Simulations Plus
SLP
$371M
| $597K | ﹤0.01% |
61,879
+3,056
| +5% | +$27.7K |
|
|
DEX
3149
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $597K | ﹤0.01% |
59,125
-37,595
| -39% | -$367K |
|
3150
Urban One Class D
UONEK
$23.4M
| $596K | ﹤0.01% |
20,556
+507
| +3% | +$14.1K |
|
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.