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 | |
|---|---|---|---|---|---|---|
|
ABB
3276
DELISTED
ABB Ltd
ABB
| $417K | ﹤0.01% |
19,821
+4,924
| +33% | +$105K |
|
3277
Consolidated Water Co
CWCO
$518M
| $416K | ﹤0.01% |
38,398
+13,745
| +56% | +$152K |
|
|
HEPA
3278
DELISTED
Hepion Pharmaceuticals
HEPA
| $416K | ﹤0.01% |
+1
| New | +$1.01M |
|
3279
Lipocine
LPCN
$17.2M
| $416K | ﹤0.01% |
6,651
+206
| +3% | +$13K |
|
|
OAKS
3280
DELISTED
Five Oaks Investment Corp.
OAKS
| $416K | ﹤0.01% |
83,765
+16,828
| +25% | +$88.9K |
|
|
SEAC
3281
DELISTED
Seachange International Inc
SEAC
| $415K | ﹤0.01% |
9,038
+18
| +0.2% | +$940 |
|
|
BIOA
3282
DELISTED
BioAmber Inc.
BIOA
| $415K | ﹤0.01% |
75,464
| – | – |
|
3283
SCYNEXIS
SCYX
$48.1M
| $410K | ﹤0.01% |
1,609
| – | – |
|
|
IVTY
3284
DELISTED
Invuity, Inc
IVTY
| $410K | ﹤0.01% |
71,403
+168
| +0.2% | +$1.41K |
|
3285
Theriva Biologics
TOVX
$10.6M
| $409K | ﹤0.01% |
61
+4
| +7% | +$41.1K |
|
|
TELL
3286
DELISTED
Tellurian Inc.
TELL
| $409K | ﹤0.01% |
36,393
+10,392
| +40% | +$63.1K |
|
|
ITI
3287
DELISTED
Iteris, Inc.
ITI
| $408K | ﹤0.01% |
112,290
+460
| +0.4% | +$1.61K |
|
|
RDS.A
3288
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $407K | ﹤0.01% |
7,750
-2,593
| -25% | -$129K |
|
|
ARQL
3289
DELISTED
Arqule Inc
ARQL
| $406K | ﹤0.01% |
322,528
+768
| +0.2% | +$1.07K |
|
|
PBNC
3290
DELISTED
PARAGON COMMERCIAL CORPORATION
PBNC
| $404K | ﹤0.01% |
9,252
+1,573
| +20% | +$63.1K |
|
|
DCOY
3291
Decoy Therapeutics
DCOY
$2.06M
| – | – |
0
| – | – |
|
|
NETI
3292
DELISTED
Eneti Inc.
NETI
| $402K | ﹤0.01% |
8,568
+1,001
| +13% | +$42.1K |
|
|
SYNC
3293
DELISTED
Synacor, Inc.
SYNC
| $401K | ﹤0.01% |
129,572
+9,524
| +8% | +$28.3K |
|
|
AT
3294
DELISTED
Atlantic Power Corporation
AT
| $400K | ﹤0.01% |
160,297
+13,566
| +9% | +$33.7K |
|
|
AMRS
3295
DELISTED
Amyris Inc.
AMRS
| $399K | ﹤0.01% |
36,464
+13,236
| +57% | +$162K |
|
|
DEST
3296
DELISTED
Destination Maternity Corporation
DEST
| $399K | ﹤0.01% |
77,249
+124
| +0.2% | +$859 |
|
|
MDLY
3297
DELISTED
Medley Management Inc
MDLY
| $398K | ﹤0.01% |
4,021
+131
| +3% | +$12.1K |
|
3298
Ascent Industries
ACNT
$138M
| $397K | ﹤0.01% |
36,285
| – | – |
|
|
LUB
3299
DELISTED
Luby's Inc.
LUB
| $397K | ﹤0.01% |
92,976
+4,413
| +5% | +$18.7K |
|
3300
Cardiff Oncology
CRDF
$81.7M
| $393K | ﹤0.01% |
2,605
+13
| +0.5% | +$3.04K |
|
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.