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 | |
|---|---|---|---|---|---|---|
|
VNET
3601
VNET Group
VNET
$2.13B
| $174K | ﹤0.01% |
24,951
+1,121
| +5% | +$8.38K |
|
|
ALIM
3602
DELISTED
Alimera Sciences
ALIM
| $174K | ﹤0.01% |
10,753
+1,028
| +11% | +$18.8K |
|
3603
Mizuho Financial
MFG
$127B
| $173K | ﹤0.01% |
48,439
+13,130
| +37% | +$45.8K |
|
3604
Identive
INVE
$61.7M
| $172K | ﹤0.01% |
54,257
+80
| +0.1% | +$214 |
|
|
CS
3605
DELISTED
Credit Suisse Group
CS
| $172K | ﹤0.01% |
+12,029
| New | +$169K |
|
|
BRFS
3606
DELISTED
BRF SA
BRFS
| $171K | ﹤0.01% |
11,587
-3,983
| -26% | -$62.8K |
|
|
XOMA
3607
DELISTED
Xoma
XOMA
| $171K | ﹤0.01% |
40,718
+43
| +0.1% | +$267 |
|
|
CBAY
3608
DELISTED
Cymabay Therapeutics
CBAY
| $170K | ﹤0.01% |
98,296
| – | – |
|
|
RENX
3609
DELISTED
RELX N.V.
RENX
| $170K | ﹤0.01% |
+10,163
| New | +$167K |
|
3610
UBS Group
UBS
$177B
| $169K | ﹤0.01% |
10,839
-25,433
| -70% | -$383K |
|
|
CAFD
3611
DELISTED
8point3 Energy Partners LP
CAFD
| $169K | ﹤0.01% |
+13,083
| New | +$179K |
|
|
EVBS
3612
DELISTED
Eastern Virginia Bankshares In
EVBS
| $169K | ﹤0.01% |
16,192
+124
| +0.8% | +$1.11K |
|
|
AOD
3613
abrdn Total Dynamic Dividend Fund
AOD
$1.14B
| $166K | ﹤0.01% |
21,909
-6,451
| -23% | -$48K |
|
3614
inTEST
INTT
$166M
| $166K | ﹤0.01% |
36,180
| – | – |
|
3615
Digital Turbine
APPS
$1.74B
| $165K | ﹤0.01% |
245,826
+916
| +0.4% | +$716 |
|
3616
Pearson
PSO
$9.89B
| $163K | ﹤0.01% |
16,502
-84,106
| -84% | -$814K |
|
|
AVEO
3617
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $163K | ﹤0.01% |
30,328
| – | – |
|
|
EVOL
3618
DELISTED
Evolving Systems, Inc.
EVOL
| $163K | ﹤0.01% |
39,807
| – | – |
|
3619
Alphatec Holdings
ATEC
$1.47B
| $162K | ﹤0.01% |
50,476
+92
| +0.2% | +$499 |
|
3620
eGain
EGAN
$203M
| $162K | ﹤0.01% |
77,271
+11,441
| +17% | +$29.1K |
|
|
MGIC
3621
DELISTED
Magic Software Enterprises
MGIC
| $162K | ﹤0.01% |
24,451
-732
| -3% | -$5.25K |
|
|
SKIS
3622
DELISTED
Peak Resorts, Inc.
SKIS
| $162K | ﹤0.01% |
29,332
+232
| +0.8% | +$1.13K |
|
|
WSTL
3623
DELISTED
Westell Technologies Inc
WSTL
| $162K | ﹤0.01% |
62,375
+185
| +0.3% | +$394 |
|
|
ARCW
3624
DELISTED
ARC Group Worldwide, Inc
ARCW
| $162K | ﹤0.01% |
36,837
+4,311
| +13% | +$18.2K |
|
|
KTEC
3625
DELISTED
Key Technology Inc
KTEC
| $161K | ﹤0.01% |
13,859
| – | – |
|
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.