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 | |
|---|---|---|---|---|---|---|
|
EMWP
3176
DELISTED
Eros Media World PLC
EMWP
| $547K | ﹤0.01% |
2,097
+252
| +14% | +$78.4K |
|
3177
Global Industrial
GIC
$1.48B
| $545K | ﹤0.01% |
62,248
+1,958
| +3% | +$16.4K |
|
3178
Townsquare Media
TSQ
$101M
| $545K | ﹤0.01% |
52,429
+1,513
| +3% | +$14K |
|
3179
Corvus Pharmaceuticals
CRVS
$1.28B
| $543K | ﹤0.01% |
37,980
+1,095
| +3% | +$16.7K |
|
3180
Silvercrest Asset Management
SAMG
$78.3M
| $540K | ﹤0.01% |
41,138
+4,000
| +11% | +$49.9K |
|
|
SIRE
3181
DELISTED
Sisecam Resources LP
SIRE
| $538K | ﹤0.01% |
18,525
-9,002
| -33% | -$274K |
|
|
SGM
3182
DELISTED
Stonegate Mortgage Corporation
SGM
| $538K | ﹤0.01% |
90,238
| – | – |
|
3183
Pure Cycle
PCYO
$269M
| $536K | ﹤0.01% |
97,519
+168
| +0.2% | +$881 |
|
|
SCTL
3184
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $536K | ﹤0.01% |
74,220
+45,452
| +158% | +$311K |
|
3185
Marchex
MCHX
$77.5M
| $535K | ﹤0.01% |
201,960
+5,437
| +3% | +$14.4K |
|
|
VOXX
3186
DELISTED
VOXX International Corporation Class A
VOXX
| $535K | ﹤0.01% |
113,955
+248
| +0.2% | +$1.08K |
|
|
ARTX
3187
DELISTED
Arotech Corporation
ARTX
| $533K | ﹤0.01% |
152,556
| – | – |
|
|
MSL
3188
DELISTED
Midsouth Bancorp, Inc.
MSL
| $533K | ﹤0.01% |
39,200
| – | – |
|
|
ABCD
3189
DELISTED
Cambium Learning Group, Inc.
ABCD
| $533K | ﹤0.01% |
106,990
+7,651
| +8% | +$38.5K |
|
|
IMDZ
3190
DELISTED
Immune Design Corp.
IMDZ
| $532K | ﹤0.01% |
96,729
+5,633
| +6% | +$39.8K |
|
3191
Vuzix
VUZI
$222M
| $530K | ﹤0.01% |
77,999
+200
| +0.3% | +$1.49K |
|
3192
Bank of Montreal
BMO
$129B
| $529K | ﹤0.01% |
+7,359
| New | +$491K |
|
|
ANW
3193
DELISTED
Aegean Marine Petroleum Network
ANW
| $528K | ﹤0.01% |
52,069
-77,130
| -60% | -$767K |
|
|
AGFS
3194
DELISTED
AgroFresh Solutions Inc
AGFS
| $527K | ﹤0.01% |
198,909
+4,212
| +2% | +$15.5K |
|
|
FGH
3195
DELISTED
FG Group Holdings Inc.
FGH
| $525K | ﹤0.01% |
65,729
| – | – |
|
3196
Lennar Class B
LEN.B
$20.3B
| $521K | ﹤0.01% |
16,209
+1,622
| +11% | +$51.6K |
|
|
HIMX
3197
Himax Technologies
HIMX
$2.63B
| $520K | ﹤0.01% |
86,316
+42,737
| +98% | +$323K |
|
3198
Honda
HMC
$40.6B
| $519K | ﹤0.01% |
17,790
+6,052
| +52% | +$178K |
|
3199
Eastern Company
EML
$155M
| $518K | ﹤0.01% |
24,830
+92
| +0.4% | +$1.84K |
|
|
MRTX
3200
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $518K | ﹤0.01% |
109,262
+2,340
| +2% | +$12.7K |
|
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.