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 | |
|---|---|---|---|---|---|---|
|
FPRX
1426
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $12.5M | 0.01% |
250,427
+7,161
| +3% | +$376K |
|
|
MBLY
1427
DELISTED
Mobileye N.V.
MBLY
| $12.5M | 0.01% |
328,845
+22,382
| +7% | +$842K |
|
|
SAGE
1428
DELISTED
Sage Therapeutics
SAGE
| $12.5M | 0.01% |
244,179
+18,418
| +8% | +$868K |
|
1429
Ubiquiti
UI
$35.3B
| $12.5M | 0.01% |
215,526
+14,287
| +7% | +$779K |
|
|
SC
1430
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $12.4M | 0.01% |
921,677
+12,381
| +1% | +$163K |
|
|
QGENF
1431
DELISTED
QIAGEN NV
QGENF
| $12.4M | 0.01% |
443,648
+67,848
| +18% | +$1.9M |
|
1432
Stepan Co
SCL
$1.48B
| $12.4M | 0.01% |
152,214
+13,874
| +10% | +$1.07M |
|
1433
Atlantic Union Bankshares
AUB
$6.09B
| $12.4M | 0.01% |
346,876
+15,534
| +5% | +$489K |
|
|
BNCL
1434
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $12.4M | 0.01% |
671,608
+17,963
| +3% | +$294K |
|
1435
California Water Service
CWT
$3.1B
| $12.3M | 0.01% |
362,843
+7,358
| +2% | +$244K |
|
1436
Photronics
PLAB
$1.97B
| $12.1M | 0.01% |
1,073,651
+203,639
| +23% | +$2.14M |
|
1437
WSFS Financial
WSFS
$4.17B
| $12.1M | 0.01% |
261,262
-7,281
| -3% | -$293K |
|
|
STAY
1438
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $12.1M | 0.01% |
749,127
+286,021
| +62% | +$4.29M |
|
1439
Carpenter Technology
CRS
$26.6B
| $12.1M | 0.01% |
334,413
+20,005
| +6% | +$742K |
|
1440
Super Micro Computer
SMCI
$25.3B
| $12.1M | 0.01% |
4,311,870
+469,920
| +12% | +$1.18M |
|
1441
Exponent
EXPO
$3.24B
| $12.1M | 0.01% |
400,938
+23,720
| +6% | +$688K |
|
1442
Franklin Electric
FELE
$4.68B
| $12.1M | 0.01% |
310,710
+20,327
| +7% | +$798K |
|
1443
New York Times
NYT
$10.3B
| $12.1M | 0.01% |
907,084
+57,363
| +7% | +$709K |
|
1444
Quaker Houghton
KWR
$2.95B
| $12M | 0.01% |
93,991
+3,061
| +3% | +$360K |
|
1445
Horace Mann Educators
HMN
$2.1B
| $12M | 0.01% |
280,260
-42,470
| -13% | -$1.66M |
|
|
FMSA
1446
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $12M | 0.01% |
1,014,246
+380,878
| +60% | +$3.52M |
|
|
NVRO
1447
DELISTED
NEVRO CORP.
NVRO
| $11.9M | 0.01% |
164,362
+12,651
| +8% | +$1.08M |
|
|
FSP
1448
Franklin Street Properties
FSP
$46.5M
| $11.9M | 0.01% |
920,230
+62,930
| +7% | +$760K |
|
1449
Omnicell
OMCL
$1.72B
| $11.9M | 0.01% |
351,559
+9,108
| +3% | +$313K |
|
|
HAPN
1450
Happen Inc
HAPN
$2.27B
| $11.9M | 0.01% |
453,165
+19,365
| +4% | +$532K |
|
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.