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 | |
|---|---|---|---|---|---|---|
|
MEG
1326
DELISTED
Media General, Inc
MEG
| $14.4M | 0.01% |
763,429
+90,160
| +13% | +$1.63M |
|
1327
Credicorp
BAP
$30B
| $14.4M | 0.01% |
91,402
+15,047
| +20% | +$2.3M |
|
1328
Argan
AGX
$8.29B
| $14.3M | 0.01% |
202,951
+11,188
| +6% | +$698K |
|
|
VTLE
1329
DELISTED
Vital Energy
VTLE
| $14.3M | 0.01% |
50,452
+1,997
| +4% | +$549K |
|
1330
Eagle Bancorp
EGBN
$868M
| $14.3M | 0.01% |
233,869
+7,300
| +3% | +$400K |
|
|
EE
1331
DELISTED
El Paso Electric Company
EE
| $14.3M | 0.01% |
306,509
+20,176
| +7% | +$915K |
|
1332
Viavi Solutions
VIAV
$10.4B
| $14.2M | 0.01% |
1,741,289
+60,319
| +4% | +$469K |
|
1333
WesBanco
WSBC
$4.05B
| $14.2M | 0.01% |
330,774
+15,933
| +5% | +$595K |
|
1334
Nexstar Media Group
NXST
$5.63B
| $14.2M | 0.01% |
224,880
+12,061
| +6% | +$691K |
|
|
SWC
1335
DELISTED
Stillwater Mining Co
SWC
| $14.2M | 0.01% |
882,877
+49,488
| +6% | +$708K |
|
|
WBMD
1336
DELISTED
WebMD Health Corp.
WBMD
| $14.2M | 0.01% |
286,890
-17,423
| -6% | -$901K |
|
|
NSR
1337
DELISTED
Neustar Inc
NSR
| $14.2M | 0.01% |
425,005
-137,375
| -24% | -$3.64M |
|
1338
Monro
MNRO
$357M
| $14.2M | 0.01% |
248,098
+8,858
| +4% | +$510K |
|
1339
Piper Sandler
PIPR
$5.36B
| $14.2M | 0.01% |
782,236
-10,976
| -1% | -$173K |
|
1340
Nelnet
NNI
$4.5B
| $14.1M | 0.01% |
278,795
+18,754
| +7% | +$863K |
|
1341
PRA Group
PRAA
$710M
| $14.1M | 0.01% |
361,680
+32,031
| +10% | +$1.09M |
|
|
STMP
1342
DELISTED
Stamps.com, Inc.
STMP
| $14.1M | 0.01% |
123,219
+6,596
| +6% | +$686K |
|
1343
Hyatt Hotels
H
$16.5B
| $14.1M | 0.01% |
255,140
+85,749
| +51% | +$4.53M |
|
1344
Strategy Inc
MSTR
$38.2B
| $14.1M | 0.01% |
714,080
+33,100
| +5% | +$626K |
|
|
LOCK
1345
DELISTED
LifeLock, Inc.
LOCK
| $14.1M | 0.01% |
589,174
+29,634
| +5% | +$603K |
|
|
AEL
1346
DELISTED
American Equity Investment Life Holding Company
AEL
| $14.1M | 0.01% |
624,227
+28,193
| +5% | +$563K |
|
|
DOOR
1347
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $14.1M | 0.01% |
213,616
+19,058
| +10% | +$1.19M |
|
1348
Greif
GEF
$4.94B
| $14M | 0.01% |
273,437
+38,309
| +16% | +$1.95M |
|
1349
Zurn Elkay Water Solutions
ZWS
$8.5B
| $14M | 0.01% |
1,485,675
+121,535
| +9% | +$1.18M |
|
1350
AerCap
AER
$23.6B
| $14M | 0.01% |
337,356
+11,510
| +4% | +$484K |
|
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.