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 | |
|---|---|---|---|---|---|---|
1226
Five Below
FIVE
$13B
| $16.5M | 0.01% |
412,206
+12,537
| +3% | +$493K |
|
1227
Bloomin' Brands
BLMN
$952M
| $16.4M | 0.01% |
912,164
-46,337
| -5% | -$839K |
|
|
LEXEA
1228
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $16.4M | 0.01% |
+413,811
| New | +$17.6M |
|
1229
Capitol Federal Financial
CFFN
$1.09B
| $16.4M | 0.01% |
995,057
+66,654
| +7% | +$1.02M |
|
1230
ACI Worldwide
ACIW
$5.27B
| $16.3M | 0.01% |
900,797
+63,443
| +8% | +$1.19M |
|
1231
Lithia Motors
LAD
$8.32B
| $16.3M | 0.01% |
168,566
+9,562
| +6% | +$877K |
|
|
CLNY
1232
DELISTED
Colony Capital, Inc.
CLNY
| $16.3M | 0.01% |
805,361
+24,361
| +3% | +$477K |
|
|
BUFF
1233
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $16.3M | 0.01% |
677,825
+26,084
| +4% | +$631K |
|
1234
Mueller Water Products
MWA
$4.09B
| $16.3M | 0.01% |
1,223,783
+130,539
| +12% | +$1.68M |
|
|
POLY
1235
DELISTED
Plantronics, Inc.
POLY
| $16.3M | 0.01% |
297,440
+10,364
| +4% | +$542K |
|
|
CSOD
1236
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $16.2M | 0.01% |
383,857
+27,634
| +8% | +$1.1M |
|
|
HAWK
1237
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $16.2M | 0.01% |
430,417
+29,457
| +7% | +$1.05M |
|
|
AVP
1238
DELISTED
Avon Products, Inc.
AVP
| $16.2M | 0.01% |
3,214,408
+231,898
| +8% | +$1.35M |
|
1239
Insulet
PODD
$10B
| $16.2M | 0.01% |
429,137
+19,125
| +5% | +$712K |
|
1240
Yelp
YELP
$1.28B
| $16.2M | 0.01% |
423,591
+35,999
| +9% | +$1.33M |
|
1241
Semtech
SMTC
$12.2B
| $16.1M | 0.01% |
511,637
+56,533
| +12% | +$1.58M |
|
1242
Dave & Buster's
PLAY
$349M
| $16.1M | 0.01% |
286,157
+31,797
| +13% | +$1.48M |
|
|
LTC
1243
LTC Properties
LTC
$2.05B
| $16.1M | 0.01% |
342,779
-8,555
| -2% | -$405K |
|
1244
Caleres
CAL
$475M
| $16.1M | 0.01% |
489,752
+65,273
| +15% | +$1.91M |
|
1245
FirstCash
FCFS
$9.04B
| $16.1M | 0.01% |
341,803
+8,767
| +3% | +$412K |
|
1246
Granite Construction
GVA
$5.49B
| $16.1M | 0.01% |
291,992
+8,824
| +3% | +$468K |
|
1247
Haemonetics
HAE
$3.97B
| $16.1M | 0.01% |
399,302
+46,816
| +13% | +$1.77M |
|
|
EVER
1248
DELISTED
Everbank Financial Corp
EVER
| $16M | 0.01% |
823,233
+159,298
| +24% | +$3.08M |
|
|
AGR
1249
DELISTED
Avangrid, Inc.
AGR
| $16M | 0.01% |
422,019
+35,273
| +9% | +$1.35M |
|
|
MDP
1250
DELISTED
Meredith Corporation
MDP
| $16M | 0.01% |
270,112
+112
| +0% | +$5.88K |
|
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.