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 | |
|---|---|---|---|---|---|---|
1276
TTM Technologies
TTMI
$13.8B
| $15.4M | 0.01% |
1,129,208
+551,995
| +96% | +$7.19M |
|
1277
Silgan Holdings
SLGN
$4.35B
| $15.4M | 0.01% |
601,212
+3,702
| +0.6% | +$93.1K |
|
|
KNGT
1278
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $15.4M | 0.01% |
464,759
+46,842
| +11% | +$1.55M |
|
1279
Central Garden & Pet Co Class A
CENTA
$2.4B
| $15.3M | 0.01% |
620,151
+97,826
| +19% | +$2.12M |
|
|
ALEX
1280
DELISTED
Alexander & Baldwin
ALEX
| $15.3M | 0.01% |
341,511
+29,279
| +9% | +$1.22M |
|
|
HMSY
1281
DELISTED
HMS Holdings Corp.
HMSY
| $15.3M | 0.01% |
841,500
+138,121
| +20% | +$2.69M |
|
1282
Darling Ingredients
DAR
$9.84B
| $15.2M | 0.01% |
1,180,763
+51,986
| +5% | +$704K |
|
|
ZNGA
1283
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $15.2M | 0.01% |
5,909,373
+521,982
| +10% | +$1.47M |
|
1284
Westlake Corp
WLK
$10.3B
| $15.2M | 0.01% |
271,204
-219,135
| -45% | -$12M |
|
|
INN
1285
Summit Hotel Properties
INN
$651M
| $15.2M | 0.01% |
946,261
+258,770
| +38% | +$3.63M |
|
1286
Yum China
YUMC
$16.3B
| $15.1M | 0.01% |
+581,476
| New | +$15.8M |
|
|
SUM
1287
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $15.1M | 0.01% |
653,403
+122,034
| +23% | +$2.56M |
|
|
ARGO
1288
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $15.1M | 0.01% |
262,792
+9,656
| +4% | +$515K |
|
1289
Kemper
KMPR
$1.54B
| $15M | 0.01% |
339,653
+22,072
| +7% | +$893K |
|
|
RGC
1290
DELISTED
Regal Entertainment Group
RGC
| $15M | 0.01% |
727,885
+108,216
| +17% | +$2.4M |
|
1291
First Financial Bancorp
FFBC
$3.57B
| $15M | 0.01% |
526,409
+59,496
| +13% | +$1.47M |
|
1292
Scansource
SCSC
$1.05B
| $15M | 0.01% |
371,044
+73,169
| +25% | +$2.72M |
|
|
ILG
1293
DELISTED
ILG, Inc Common Stock
ILG
| $14.9M | 0.01% |
820,037
-650
| -0.1% | -$11.4K |
|
|
SFLY
1294
DELISTED
Shutterfly, Inc.
SFLY
| $14.9M | 0.01% |
296,389
+51,500
| +21% | +$2.5M |
|
1295
Choice Hotels
CHH
$4.62B
| $14.8M | 0.01% |
264,855
+35,373
| +15% | +$1.77M |
|
|
UCB
1296
United Community Banks
UCB
$4.36B
| $14.8M | 0.01% |
501,055
+15,620
| +3% | +$391K |
|
|
TPH
1297
DELISTED
Tri Pointe Homes
TPH
| $14.8M | 0.01% |
1,292,517
+302,570
| +31% | +$3.62M |
|
1298
Element Solutions
ESI
$9.17B
| $14.8M | 0.01% |
1,509,537
+238,675
| +19% | +$2.04M |
|
1299
Wabash National
WNC
$505M
| $14.8M | 0.01% |
935,127
+105,383
| +13% | +$1.44M |
|
1300
Northwest Natural Holdings
NWN
$2.12B
| $14.8M | 0.01% |
247,180
+27,773
| +13% | +$1.61M |
|
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.