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 | |
|---|---|---|---|---|---|---|
|
CHK
501
DELISTED
Chesapeake Energy Corporation
CHK
| $67.4M | 0.03% |
48,042
+9,780
| +26% | +$12.8M |
|
|
WWAV
502
DELISTED
The WhiteWave Foods Company
WWAV
| $67.2M | 0.03% |
1,208,415
+75,065
| +7% | +$4.11M |
|
|
EVHC
503
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $67.1M | 0.03% |
1,060,859
+637,715
| +151% | +$41.7M |
|
504
Camden Property Trust
CPT
$11B
| $67M | 0.03% |
796,582
+74,075
| +10% | +$5.89M |
|
505
CF Industries
CF
$17.9B
| $66.7M | 0.03% |
2,122,061
+98,525
| +5% | +$2.65M |
|
506
FMC
FMC
$1.27B
| $65.8M | 0.03% |
1,343,315
+66,135
| +5% | +$3.02M |
|
507
Fluor
FLR
$7.53B
| $65.8M | 0.03% |
1,254,400
+63,906
| +5% | +$3.32M |
|
508
Diamondback Energy
FANG
$54.9B
| $65.8M | 0.03% |
650,992
+105,556
| +19% | +$10.5M |
|
|
HDS
509
DELISTED
HD Supply Holdings, Inc.
HDS
| $65.6M | 0.03% |
1,542,121
+209,156
| +16% | +$7.71M |
|
|
SIVB
510
DELISTED
SVB Financial Group
SIVB
| $65.5M | 0.03% |
381,604
+24,893
| +7% | +$3.57M |
|
511
Gentex
GNTX
$5.02B
| $65.4M | 0.03% |
3,323,696
+60,880
| +2% | +$1.11M |
|
512
Fidelity National Financial
FNF
$13.2B
| $65.3M | 0.03% |
2,768,894
+113,368
| +4% | +$2.72M |
|
513
Cheniere Energy
LNG
$54.2B
| $65.1M | 0.03% |
1,572,399
+63,383
| +4% | +$2.56M |
|
|
TWTR
514
DELISTED
Twitter, Inc.
TWTR
| $64.7M | 0.03% |
3,968,460
+171,277
| +5% | +$3.14M |
|
515
Broadridge
BR
$19.5B
| $64.6M | 0.03% |
974,837
+49,647
| +5% | +$3.23M |
|
516
NiSource
NI
$20.1B
| $64.5M | 0.03% |
2,916,434
-11,760
| -0.4% | -$262K |
|
517
East-West Bancorp
EWBC
$18B
| $64.1M | 0.03% |
1,261,051
+128,464
| +11% | +$5.71M |
|
518
Jacobs Solutions
J
$17.1B
| $64.1M | 0.03% |
1,361,066
+72,639
| +6% | +$3.35M |
|
519
Raymond James Financial
RJF
$34.6B
| $63.9M | 0.03% |
1,383,747
+85,143
| +7% | +$3.76M |
|
|
DISCK
520
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $63.9M | 0.03% |
2,387,379
-50,407
| -2% | -$1.33M |
|
521
Avery Dennison
AVY
$13.4B
| $63.8M | 0.03% |
910,138
+56,265
| +7% | +$4.09M |
|
|
ANSS
522
DELISTED
Ansys
ANSS
| $63.8M | 0.03% |
689,753
+17,512
| +3% | +$1.61M |
|
523
Leggett & Platt
LEG
$1.29B
| $63.7M | 0.03% |
1,304,259
+71,861
| +6% | +$3.42M |
|
524
Regency Centers
REG
$13.9B
| $63.6M | 0.03% |
922,875
+51,751
| +6% | +$3.6M |
|
525
Reliance Steel & Aluminium
RS
$21.8B
| $63.4M | 0.03% |
797,359
+46,043
| +6% | +$3.51M |
|
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.