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 | |
|---|---|---|---|---|---|---|
1401
Watts Water Technologies
WTS
$12.8B
| $13.1M | 0.01% |
200,506
+9,966
| +5% | +$652K |
|
|
SYKE
1402
DELISTED
SYKES Enterprises Inc
SYKE
| $13M | 0.01% |
452,170
+49,302
| +12% | +$1.38M |
|
|
AVNS
1403
DELISTED
Avanos Medical
AVNS
| $13M | 0.01% |
352,234
+19,705
| +6% | +$704K |
|
|
AF
1404
DELISTED
Astoria Financial Corporation
AF
| $13M | 0.01% |
698,340
+73,311
| +12% | +$1.17M |
|
|
IRBT
1405
DELISTED
iRobot
IRBT
| $13M | 0.01% |
221,989
+6,561
| +3% | +$342K |
|
1406
ATI
ATI
$30.9B
| $12.9M | 0.01% |
812,317
+51,270
| +7% | +$852K |
|
|
YDKN
1407
DELISTED
Yadkin Financial Corporation
YDKN
| $12.9M | 0.01% |
376,903
+60,167
| +19% | +$1.83M |
|
|
SCAI
1408
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $12.9M | 0.01% |
279,032
-9,662
| -3% | -$431K |
|
|
NGHC
1409
DELISTED
National General Holdings Corp
NGHC
| $12.9M | 0.01% |
516,343
+31,082
| +6% | +$705K |
|
|
CLVS
1410
DELISTED
Clovis Oncology, Inc.
CLVS
| $12.9M | 0.01% |
290,450
+22,959
| +9% | +$808K |
|
|
SFR
1411
DELISTED
Starwood Waypoint Homes
SFR
| $12.9M | 0.01% |
447,228
-15,720
| -3% | -$457K |
|
|
PCH
1412
DELISTED
PotlatchDeltic
PCH
| $12.9M | 0.01% |
309,246
+15,777
| +5% | +$637K |
|
1413
Coherent
COHR
$64B
| $12.9M | 0.01% |
434,090
+26,673
| +7% | +$760K |
|
|
DGI
1414
DELISTED
DigitalGlobe Inc.
DGI
| $12.8M | 0.01% |
446,754
+23,366
| +6% | +$673K |
|
|
ARRY
1415
DELISTED
Array Biopharma Inc
ARRY
| $12.8M | 0.01% |
1,452,520
+499,340
| +52% | +$3.67M |
|
|
HW
1416
DELISTED
Headwaters Inc
HW
| $12.8M | 0.01% |
542,644
+57,464
| +12% | +$1.17M |
|
1417
Universal Insurance Holdings
UVE
$1.18B
| $12.8M | 0.01% |
449,046
+83,878
| +23% | +$2M |
|
|
ATW
1418
DELISTED
Atwood Oceanics
ATW
| $12.7M | 0.01% |
970,509
+202,204
| +26% | +$1.99M |
|
|
GNC
1419
DELISTED
GNC Holdings, Inc.
GNC
| $12.7M | 0.01% |
1,153,496
+544,850
| +90% | +$8.52M |
|
|
SRCI
1420
DELISTED
SRC Energy Inc
SRCI
| $12.7M | 0.01% |
1,428,711
+117,642
| +9% | +$959K |
|
|
FCB
1421
DELISTED
FCB Financial Holdings, Inc.
FCB
| $12.7M | 0.01% |
266,810
+46,137
| +21% | +$1.91M |
|
1422
STAG Industrial
STAG
$7.12B
| $12.7M | 0.01% |
531,907
+82,921
| +18% | +$1.91M |
|
1423
Westamerica Bancorp
WABC
$1.38B
| $12.7M | 0.01% |
201,403
+7,223
| +4% | +$409K |
|
1424
Deckers Outdoor
DECK
$12.7B
| $12.6M | 0.01% |
1,368,132
+44,970
| +3% | +$433K |
|
1425
First Merchants
FRME
$2.72B
| $12.6M | 0.01% |
333,833
+9,231
| +3% | +$293K |
|
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.