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 | |
|---|---|---|---|---|---|---|
|
MORE
1251
DELISTED
Monogram Residential Trust, Inc.
MORE
| $16M | 0.01% |
1,474,977
+98,492
| +7% | +$1.04M |
|
1252
J&J Snack Foods
JJSF
$1.68B
| $16M | 0.01% |
119,600
+6,086
| +5% | +$751K |
|
|
VSTO
1253
DELISTED
Vista Outdoor Inc.
VSTO
| $15.9M | 0.01% |
431,890
+22,302
| +5% | +$862K |
|
1254
Ironwood Pharmaceuticals
IRWD
$711M
| $15.9M | 0.01% |
1,244,378
+64,865
| +5% | +$819K |
|
|
EFII
1255
DELISTED
Electronics for Imaging
EFII
| $15.9M | 0.01% |
362,869
+16,211
| +5% | +$713K |
|
1256
DNOW Inc
DNOW
$3.01B
| $15.9M | 0.01% |
776,651
+56,733
| +8% | +$1.2M |
|
1257
LiveRamp
RAMP
$2.3B
| $15.9M | 0.01% |
592,696
+31,627
| +6% | +$821K |
|
1258
Blackstone Mortgage Trust
BXMT
$2.47B
| $15.9M | 0.01% |
527,895
+17,067
| +3% | +$508K |
|
1259
Progress Software
PRGS
$1.77B
| $15.8M | 0.01% |
494,367
+26,073
| +6% | +$757K |
|
1260
LivaNova
LIVN
$4.33B
| $15.7M | 0.01% |
349,904
+24,044
| +7% | +$1.18M |
|
1261
Wolverine World Wide
WWW
$1.49B
| $15.7M | 0.01% |
716,240
+21,730
| +3% | +$493K |
|
|
UNVR
1262
DELISTED
Univar Solutions Inc.
UNVR
| $15.7M | 0.01% |
553,521
+75,157
| +16% | +$1.82M |
|
1263
Ligand Pharmaceuticals
LGND
$5.76B
| $15.7M | 0.01% |
247,636
+7,927
| +3% | +$500K |
|
1264
Liberty Latin America Class C
LILAK
$1.66B
| $15.7M | 0.01% |
866,516
+50,538
| +6% | +$1.01M |
|
1265
Steven Madden
SHOO
$3.53B
| $15.7M | 0.01% |
658,268
+36,161
| +6% | +$879K |
|
|
CHSP
1266
DELISTED
Chesapeake Lodging Trust
CHSP
| $15.6M | 0.01% |
604,563
+188,255
| +45% | +$4.46M |
|
1267
The Greenbrier Companies
GBX
$1.43B
| $15.6M | 0.01% |
375,392
+97,580
| +35% | +$3.64M |
|
1268
Murphy USA
MUSA
$10B
| $15.6M | 0.01% |
253,337
+13,166
| +5% | +$886K |
|
1269
Mine Safety
MSA
$7.44B
| $15.5M | 0.01% |
223,936
+6,806
| +3% | +$421K |
|
|
KITE
1270
DELISTED
Kite Pharma, Inc.
KITE
| $15.5M | 0.01% |
345,003
+24,782
| +8% | +$1.22M |
|
|
CHMT
1271
DELISTED
Chemtura Corporation
CHMT
| $15.5M | 0.01% |
465,566
-17,775
| -4% | -$586K |
|
1272
Mercury Insurance
MCY
$5.86B
| $15.4M | 0.01% |
256,598
+14,879
| +6% | +$845K |
|
|
EFOR
1273
Everforth Inc
EFOR
$1.35B
| $15.4M | 0.01% |
349,225
+19,641
| +6% | +$781K |
|
|
CORE
1274
DELISTED
Core Mark Holding Co., Inc.
CORE
| $15.4M | 0.01% |
357,692
+20,077
| +6% | +$741K |
|
1275
Towne Bank
TOWN
$3.46B
| $15.4M | 0.01% |
463,078
+13,570
| +3% | +$391K |
|
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.