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 | |
|---|---|---|---|---|---|---|
1151
Trustmark
TRMK
$2.78B
| $18.2M | 0.01% |
509,906
+19,668
| +4% | +$618K |
|
1152
HNI Corp
HNI
$3.57B
| $18M | 0.01% |
321,267
+20,162
| +7% | +$956K |
|
1153
Kennametal
KMT
$2.3B
| $17.9M | 0.01% |
574,244
+46,499
| +9% | +$1.46M |
|
1154
Ormat Technologies
ORA
$7.04B
| $17.9M | 0.01% |
334,581
+64,140
| +24% | +$3.12M |
|
1155
Dycom Industries
DY
$12.1B
| $17.9M | 0.01% |
223,356
+14,113
| +7% | +$1.14M |
|
|
DMC
1156
Del Monte Corp
DMC
$1.45B
| $17.9M | 0.01% |
295,458
+7,517
| +3% | +$462K |
|
|
LPNT
1157
DELISTED
LifePoint Health, Inc.
LPNT
| $17.9M | 0.01% |
314,820
+9,080
| +3% | +$525K |
|
1158
UFP Industries
UFPI
$5.12B
| $17.9M | 0.01% |
524,802
+35,097
| +7% | +$1.14M |
|
|
TUP
1159
DELISTED
Tupperware Brands Corporation
TUP
| $17.9M | 0.01% |
339,591
+22,809
| +7% | +$1.34M |
|
|
WMGI
1160
DELISTED
Wright Medical Group Inc
WMGI
| $17.8M | 0.01% |
776,209
+46,137
| +6% | +$1.07M |
|
|
JBTM
1161
JBT Marel
JBTM
$6.32B
| $17.8M | 0.01% |
207,242
+6,388
| +3% | +$521K |
|
|
AXE
1162
DELISTED
Anixter International Inc
AXE
| $17.8M | 0.01% |
219,489
+6,498
| +3% | +$471K |
|
|
MIK
1163
DELISTED
Michaels Stores, Inc
MIK
| $17.8M | 0.01% |
869,222
+124,623
| +17% | +$2.89M |
|
1164
BOK Financial
BOKF
$8.75B
| $17.8M | 0.01% |
213,848
+20,948
| +11% | +$1.61M |
|
1165
MasTec
MTZ
$21.9B
| $17.7M | 0.01% |
463,149
+12,610
| +3% | +$428K |
|
|
QCP
1166
DELISTED
Quality Care Properties, Inc.
QCP
| $17.7M | 0.01% |
+1,141,523
| New | +$17.1M |
|
1167
KBR
KBR
$4.74B
| $17.7M | 0.01% |
1,059,450
+89,419
| +9% | +$1.42M |
|
1168
Mativ Holdings
MATV
$706M
| $17.7M | 0.01% |
387,812
+60,933
| +19% | +$2.47M |
|
|
UFS
1169
DELISTED
DOMTAR CORPORATION (New)
UFS
| $17.6M | 0.01% |
451,498
+16,461
| +4% | +$627K |
|
1170
Graham Holdings Company
GHC
$4.97B
| $17.6M | 0.01% |
34,386
+4,464
| +15% | +$2.17M |
|
1171
Interactive Brokers
IBKR
$40.7B
| $17.6M | 0.01% |
1,927,756
+176,612
| +10% | +$1.61M |
|
|
SEMG
1172
DELISTED
SEMGROUP CORPORATION
SEMG
| $17.6M | 0.01% |
421,427
+60,380
| +17% | +$2.16M |
|
1173
GATX Corp
GATX
$6.27B
| $17.6M | 0.01% |
285,253
+8,806
| +3% | +$457K |
|
1174
Kite Realty
KRG
$5.24B
| $17.6M | 0.01% |
747,610
+34,998
| +5% | +$866K |
|
|
CVG
1175
DELISTED
Convergys
CVG
| $17.5M | 0.01% |
714,339
+69,913
| +11% | +$1.88M |
|
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.