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 | |
|---|---|---|---|---|---|---|
|
CXP
976
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $23.4M | 0.01% |
1,085,545
+47,578
| +5% | +$1.01M |
|
977
Pinnacle Financial Partners Inc
PNFP
$16B
| $23.3M | 0.01% |
336,090
+40,497
| +14% | +$2.45M |
|
978
Blackbaud
BLKB
$2.06B
| $23.2M | 0.01% |
362,673
+11,599
| +3% | +$742K |
|
|
WLL
979
DELISTED
Whiting Petroleum Corporation
WLL
| $23.2M | 0.01% |
6,432
+383
| +6% | +$1.15M |
|
|
CLGX
980
DELISTED
Corelogic, Inc.
CLGX
| $23.1M | 0.01% |
627,312
+47,789
| +8% | +$1.85M |
|
|
ACH
981
Accendra Health
ACH
$96.5M
| $23.1M | 0.01% |
653,959
+192,207
| +42% | +$6.5M |
|
|
GRUB
982
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $23M | 0.01% |
306,132
+25,700
| +9% | +$1.98M |
|
|
AFSI
983
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $23M | 0.01% |
838,845
+97,530
| +13% | +$2.6M |
|
984
AMC Global Media
AMCX
$486M
| $23M | 0.01% |
438,585
+19,933
| +5% | +$1.03M |
|
|
SYNH
985
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $22.9M | 0.01% |
436,031
-8,469
| -2% | -$410K |
|
986
Primerica
PRI
$9.63B
| $22.9M | 0.01% |
330,504
+10,758
| +3% | +$684K |
|
987
Herbalife
HLF
$1.23B
| $22.8M | 0.01% |
948,610
+73,404
| +8% | +$2M |
|
988
Rollins
ROL
$17.8B
| $22.8M | 0.01% |
1,516,820
+104,835
| +7% | +$1.45M |
|
|
FNGN
989
DELISTED
Financial Engines, Inc.
FNGN
| $22.8M | 0.01% |
619,388
+36,939
| +6% | +$1.19M |
|
990
Regal Rexnord
RRX
$11.5B
| $22.6M | 0.01% |
326,446
+17,690
| +6% | +$1.17M |
|
|
LVNTA
991
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $22.6M | 0.01% |
612,376
-359,606
| -37% | -$14.1M |
|
|
PFPT
992
DELISTED
Proofpoint, Inc.
PFPT
| $22.5M | 0.01% |
318,437
+12,632
| +4% | +$951K |
|
993
First Financial Bankshares
FFIN
$4.99B
| $22.5M | 0.01% |
994,998
+28,520
| +3% | +$585K |
|
|
TWO
994
Two Harbors Investment
TWO
$1.26B
| $22.5M | 0.01% |
321,856
-17,320
| -5% | -$1.18M |
|
995
Prestige Consumer Healthcare
PBH
$2.54B
| $22.4M | 0.01% |
429,178
+26,593
| +7% | +$1.28M |
|
996
International Bancshares
IBOC
$4.48B
| $22.4M | 0.01% |
547,854
+79,607
| +17% | +$2.84M |
|
|
COR
997
DELISTED
Coresite Realty Corporation
COR
| $22.3M | 0.01% |
281,356
-36,130
| -11% | -$2.66M |
|
998
NETSCOUT
NTCT
$2.81B
| $22.3M | 0.01% |
708,656
+34,705
| +5% | +$1.06M |
|
999
Belden
BDC
$5.26B
| $22.3M | 0.01% |
298,292
+6,398
| +2% | +$456K |
|
|
STL
1000
DELISTED
Sterling Bancorp
STL
| $22.3M | 0.01% |
952,746
+133,734
| +16% | +$2.77M |
|
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.