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 | |
|---|---|---|---|---|---|---|
1076
Marriott Vacations Worldwide
VAC
$3.95B
| $20M | 0.01% |
235,873
+21,469
| +10% | +$1.62M |
|
1077
Alnylam Pharmaceuticals
ALNY
$29.6B
| $20M | 0.01% |
534,016
+14,111
| +3% | +$591K |
|
1078
Madison Square Garden
MSGS
$9.47B
| $19.9M | 0.01% |
162,660
+52
| +0% | +$6.31K |
|
1079
Worthington Enterprises
WOR
$2.79B
| $19.9M | 0.01% |
680,312
+82,062
| +14% | +$2.64M |
|
1080
NorthWestern Energy
NWE
$4.35B
| $19.9M | 0.01% |
349,788
-17,553
| -5% | -$987K |
|
|
PGRE
1081
DELISTED
Paramount Group
PGRE
| $19.9M | 0.01% |
1,243,170
+81,929
| +7% | +$1.29M |
|
|
P
1082
DELISTED
Pandora Media Inc
P
| $19.8M | 0.01% |
1,520,299
+42,890
| +3% | +$532K |
|
|
MSGN
1083
DELISTED
MSG Networks Inc.
MSGN
| $19.8M | 0.01% |
920,560
+70,955
| +8% | +$1.41M |
|
1084
Telephone and Data Systems
TDS
$3.84B
| $19.8M | 0.01% |
684,761
+52,449
| +8% | +$1.43M |
|
1085
ICU Medical
ICUI
$4.55B
| $19.7M | 0.01% |
133,990
+9,855
| +8% | +$1.43M |
|
1086
Diamondrock Hospitality Co
DRH
$2.46B
| $19.7M | 0.01% |
1,712,155
+72,952
| +4% | +$738K |
|
1087
Avient
AVNT
$4.17B
| $19.7M | 0.01% |
615,396
+41,359
| +7% | +$1.33M |
|
1088
Vishay Intertechnology
VSH
$5.11B
| $19.7M | 0.01% |
1,215,257
+245,811
| +25% | +$3.66M |
|
1089
Wolfspeed
WOLF
$1.57B
| $19.7M | 0.01% |
745,771
+47,771
| +7% | +$1.19M |
|
1090
Compass Minerals
CMP
$1.13B
| $19.7M | 0.01% |
250,908
+23,478
| +10% | +$1.78M |
|
1091
Louisiana-Pacific
LPX
$5.28B
| $19.6M | 0.01% |
1,037,263
+63,815
| +7% | +$1.22M |
|
1092
Old National Bancorp
ONB
$10.3B
| $19.6M | 0.01% |
1,080,489
+127,718
| +13% | +$2.05M |
|
1093
Entegris
ENTG
$23B
| $19.6M | 0.01% |
1,094,883
+44,794
| +4% | +$777K |
|
1094
Plexus
PLXS
$7.2B
| $19.6M | 0.01% |
362,551
+64,301
| +22% | +$3.18M |
|
|
ESL
1095
DELISTED
Esterline Technologies
ESL
| $19.6M | 0.01% |
219,362
+22,366
| +11% | +$1.83M |
|
1096
Cable One
CABO
$192M
| $19.6M | 0.01% |
31,464
+2,340
| +8% | +$1.39M |
|
|
NRF
1097
DELISTED
NorthStar Realty Finance Corp.
NRF
| $19.5M | 0.01% |
1,287,886
+67,704
| +6% | +$982K |
|
1098
Columbia Banking Systems
COLB
$8.97B
| $19.5M | 0.01% |
436,533
+11,542
| +3% | +$436K |
|
|
TRCO
1099
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $19.5M | 0.01% |
557,336
+11,756
| +2% | +$402K |
|
|
CADE
1100
DELISTED
Cadence Bank
CADE
| $19.5M | 0.01% |
627,418
+44,402
| +8% | +$1.19M |
|
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.