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 | |
|---|---|---|---|---|---|---|
1101
Designer Brands
DBI
$321M
| $19.4M | 0.01% |
857,349
+295,370
| +53% | +$6.7M |
|
1102
Credit Acceptance
CACC
$5.94B
| $19.4M | 0.01% |
89,166
+5,917
| +7% | +$1.15M |
|
1103
Energizer
ENR
$1.53B
| $19.3M | 0.01% |
433,757
+18,704
| +5% | +$853K |
|
1104
DigitalBridge
DBRG
$2.95B
| $19.3M | 0.01% |
323,139
+16,989
| +6% | +$959K |
|
1105
Generac Holdings
GNRC
$12.7B
| $19.3M | 0.01% |
473,155
+25,026
| +6% | +$991K |
|
1106
Morningstar
MORN
$7.33B
| $19.3M | 0.01% |
262,022
+1,777
| +0.7% | +$131K |
|
1107
Sprouts Farmers Market
SFM
$7.87B
| $19.3M | 0.01% |
1,017,647
+24,287
| +2% | +$510K |
|
1108
Dolby
DLB
$5.75B
| $19.2M | 0.01% |
424,714
+9,329
| +2% | +$450K |
|
1109
Universal Display
OLED
$4.32B
| $19.1M | 0.01% |
340,040
+30,288
| +10% | +$1.67M |
|
|
SJI
1110
DELISTED
South Jersey Industries, Inc.
SJI
| $19.1M | 0.01% |
567,419
+16,546
| +3% | +$516K |
|
1111
The GEO Group
GEO
$4.18B
| $19.1M | 0.01% |
798,027
+18,658
| +2% | +$363K |
|
|
CSGS
1112
DELISTED
CSG Systems International
CSGS
| $19.1M | 0.01% |
394,741
+59,816
| +18% | +$2.57M |
|
|
ARIA
1113
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $19.1M | 0.01% |
1,534,851
+44,008
| +3% | +$530K |
|
1114
Acadia Healthcare
ACHC
$2.9B
| $19.1M | 0.01% |
576,545
+45,231
| +9% | +$1.76M |
|
|
DOC
1115
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $19.1M | 0.01% |
1,005,060
+68,423
| +7% | +$1.3M |
|
|
IRDMB
1116
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
TIVO
1117
DELISTED
Tivo Inc
TIVO
| $19M | 0.01% |
910,989
+17,828
| +2% | +$362K |
|
|
MDCO
1118
DELISTED
Medicines Co
MDCO
| $19M | 0.01% |
559,719
+22,690
| +4% | +$805K |
|
|
WAGE
1119
DELISTED
WageWorks, Inc.
WAGE
| $19M | 0.01% |
262,018
+8,774
| +3% | +$589K |
|
|
SPTN
1120
DELISTED
SpartanNash
SPTN
| $19M | 0.01% |
480,170
+58,696
| +14% | +$1.97M |
|
|
ZIONW
1121
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $19M | 0.01% |
1,636,506
+661,156
| +68% | +$5.13M |
|
|
USG
1122
DELISTED
Usg
USG
| $18.9M | 0.01% |
654,787
+54,502
| +9% | +$1.5M |
|
1123
Matthews International
MATW
$733M
| $18.9M | 0.01% |
245,772
+6,352
| +3% | +$427K |
|
|
LGF.B
1124
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $18.9M | 0.01% |
+768,682
| New | +$19.6M |
|
|
FDC
1125
DELISTED
First Data Corporation
FDC
| $18.8M | 0.01% |
1,326,893
+112,928
| +9% | +$1.6M |
|
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.