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 | |
|---|---|---|---|---|---|---|
726
Jones Lang LaSalle
JLL
$16.4B
| $36.6M | 0.02% |
362,454
+21,365
| +6% | +$2.15M |
|
727
Brown & Brown
BRO
$24B
| $36.5M | 0.02% |
1,628,580
+36,608
| +2% | +$744K |
|
728
SS&C Technologies
SSNC
$18.7B
| $36.4M | 0.02% |
1,272,392
+135,154
| +12% | +$4.19M |
|
|
VMW
729
DELISTED
VMware, Inc
VMW
| $36.3M | 0.02% |
461,487
-32,266
| -7% | -$2.5M |
|
|
WRI
730
DELISTED
Weingarten Realty Investors
WRI
| $36.3M | 0.02% |
1,014,187
+49,510
| +5% | +$1.78M |
|
731
SLM Corp
SLM
$5.14B
| $36.2M | 0.02% |
3,286,532
+94,237
| +3% | +$846K |
|
732
Webster Financial
WBS
$12.8B
| $36.1M | 0.02% |
665,484
+8,044
| +1% | +$369K |
|
|
SNV
733
DELISTED
Synovus
SNV
| $36.1M | 0.02% |
878,702
+33,112
| +4% | +$1.22M |
|
734
NRG Energy
NRG
$25B
| $36.1M | 0.02% |
2,946,866
+2,065
| +0.1% | +$23.8K |
|
|
DCT
735
DELISTED
DCT Industrial Trust Inc.
DCT
| $36M | 0.02% |
752,630
+21,345
| +3% | +$984K |
|
|
WPX
736
DELISTED
WPX Energy, Inc.
WPX
| $36M | 0.02% |
2,472,432
+207,380
| +9% | +$2.74M |
|
737
Cullen/Frost Bankers
CFR
$10.3B
| $36M | 0.02% |
407,524
+45,484
| +13% | +$3.65M |
|
738
Lincoln Electric
LECO
$15.1B
| $35.9M | 0.02% |
468,713
+32,103
| +7% | +$2.3M |
|
739
Post Holdings
POST
$3.45B
| $35.9M | 0.02% |
681,827
+14,817
| +2% | +$749K |
|
|
EV
740
DELISTED
Eaton Vance Corp.
EV
| $35.8M | 0.02% |
854,158
+44,876
| +6% | +$1.76M |
|
741
Booz Allen Hamilton
BAH
$9.37B
| $35.6M | 0.02% |
988,142
+183,360
| +23% | +$6.22M |
|
|
HPP
742
Hudson Pacific Properties
HPP
$740M
| $35.5M | 0.02% |
145,954
+22,463
| +18% | +$5.25M |
|
743
Huntsman Corp
HUN
$1.82B
| $35.5M | 0.02% |
1,859,733
+141,502
| +8% | +$2.57M |
|
744
Prosperity Bancshares
PB
$8.81B
| $35.5M | 0.02% |
494,273
+47,579
| +11% | +$2.97M |
|
|
PPLI
745
People Inc
PPLI
$3.03B
| $35.5M | 0.02% |
3,062,059
+104,757
| +4% | +$1.23M |
|
746
Emcor
EME
$35.7B
| $35.4M | 0.02% |
499,800
+60,849
| +14% | +$3.99M |
|
|
PVTB
747
DELISTED
PrivateBancorp Inc
PVTB
| $35.2M | 0.02% |
649,935
+11,673
| +2% | +$562K |
|
|
WFT
748
DELISTED
Weatherford International plc
WFT
| $35.1M | 0.02% |
7,046,278
+977,429
| +16% | +$5.11M |
|
749
Oshkosh
OSK
$9.59B
| $35.1M | 0.02% |
543,012
+48,467
| +10% | +$3M |
|
|
FNSR
750
DELISTED
Finisar Corp
FNSR
| $34.9M | 0.02% |
1,154,578
+150,612
| +15% | +$4.63M |
|
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.