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 | |
|---|---|---|---|---|---|---|
476
Palo Alto Networks
PANW
$310B
| $74.1M | 0.03% |
3,554,604
+260,568
| +8% | +$6.24M |
|
477
Nasdaq
NDAQ
$53.5B
| $74M | 0.03% |
3,312,969
+190,578
| +6% | +$4.2M |
|
|
NFX
478
DELISTED
Newfield Exploration
NFX
| $73.9M | 0.03% |
1,826,963
+111,693
| +7% | +$4.75M |
|
479
Robert Half
RHI
$4.34B
| $73.9M | 0.03% |
1,516,364
+54,693
| +4% | +$2.34M |
|
480
Fortune Brands Innovations
FBIN
$5.75B
| $73.7M | 0.03% |
1,615,407
+76,474
| +5% | +$3.61M |
|
481
Travel + Leisure Co
TNL
$4.51B
| $73.6M | 0.03% |
2,137,555
+57,050
| +3% | +$1.83M |
|
482
Howmet Aerospace
HWM
$113B
| $73.5M | 0.03% |
+5,172,703
| New | +$77.8M |
|
|
INFO
483
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $73.2M | 0.03% |
2,067,608
+55,205
| +3% | +$1.98M |
|
484
Iron Mountain
IRM
$36.2B
| $72.5M | 0.03% |
2,234,380
+154,924
| +7% | +$5.15M |
|
485
IQVIA
IQV
$39.9B
| $72.4M | 0.03% |
952,965
+301,287
| +46% | +$23.1M |
|
|
CDK
486
DELISTED
CDK Global, Inc.
CDK
| $72.4M | 0.03% |
1,213,292
+45,418
| +4% | +$2.6M |
|
487
Targa Resources
TRGP
$56.9B
| $72M | 0.03% |
1,284,264
+163,927
| +15% | +$8.28M |
|
488
Amdocs
DOX
$6.21B
| $71.5M | 0.03% |
1,228,048
+51,195
| +4% | +$3.02M |
|
|
HAR
489
DELISTED
Harman International Industries
HAR
| $71.2M | 0.03% |
641,626
+9,989
| +2% | +$964K |
|
490
Ingredion
INGR
$6.54B
| $71.2M | 0.03% |
570,259
+28,466
| +5% | +$3.6M |
|
491
Affiliated Managers Group
AMG
$9.69B
| $71M | 0.03% |
489,532
+20,098
| +4% | +$2.92M |
|
492
NXP Semiconductors
NXPI
$59.6B
| $70.6M | 0.03% |
722,539
+52,443
| +8% | +$5.21M |
|
|
Y
493
DELISTED
Alleghany Corp
Y
| $70.5M | 0.03% |
115,893
+4,973
| +4% | +$2.77M |
|
|
SWN
494
DELISTED
Southwestern Energy Company
SWN
| $70.3M | 0.03% |
6,500,444
+2,185,687
| +51% | +$25M |
|
|
TSS
495
DELISTED
Total System Services, Inc.
TSS
| $69.7M | 0.03% |
1,424,053
-13,369
| -0.9% | -$657K |
|
496
AES
AES
$10.5B
| $69.3M | 0.03% |
5,971,872
+318,059
| +6% | +$3.73M |
|
497
JetBlue
JBLU
$2.15B
| $69.2M | 0.03% |
3,087,960
+339,175
| +12% | +$6.7M |
|
498
ResMed
RMD
$31.9B
| $69.2M | 0.03% |
1,115,332
+6,634
| +0.6% | +$406K |
|
|
SNI
499
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $68.9M | 0.03% |
966,248
+51,037
| +6% | +$3.45M |
|
|
SPLS
500
DELISTED
Staples Inc
SPLS
| $68.3M | 0.03% |
7,555,624
+696,687
| +10% | +$6.07M |
|
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.