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 | |
|---|---|---|---|---|---|---|
1501
Forum Energy Technologies
FET
$927M
| $10.7M | 0.01% |
24,331
+2,162
| +10% | +$904K |
|
1502
Myriad Genetics
MYGN
$303M
| $10.7M | 0.01% |
642,056
+18,428
| +3% | +$333K |
|
|
ENV
1503
DELISTED
ENVESTNET, INC.
ENV
| $10.7M | 0.01% |
303,011
+27,576
| +10% | +$990K |
|
1504
Enpro
NPO
$7.12B
| $10.7M | 0.01% |
158,297
+11,198
| +8% | +$673K |
|
|
RDUS
1505
DELISTED
Radius Health, Inc.
RDUS
| $10.7M | 0.01% |
280,178
+26,309
| +10% | +$1.25M |
|
|
ALX
1506
Alexander's
ALX
$1.4B
| $10.7M | 0.01% |
24,959
+424
| +2% | +$174K |
|
|
AMAG
1507
DELISTED
AMAG Pharmaceuticals
AMAG
| $10.6M | 0.01% |
305,995
+15,010
| +5% | +$448K |
|
|
HSNI
1508
DELISTED
HSN, Inc.
HSNI
| $10.6M | 0.01% |
310,364
+65,407
| +27% | +$2.44M |
|
1509
Cal-Maine
CALM
$3.87B
| $10.6M | ﹤0.01% |
240,756
+9,257
| +4% | +$368K |
|
1510
Aaon
AAON
$7.23B
| $10.6M | ﹤0.01% |
482,234
+16,385
| +4% | +$342K |
|
|
EBIX
1511
DELISTED
Ebix Inc
EBIX
| $10.6M | ﹤0.01% |
186,189
+6,485
| +4% | +$377K |
|
|
GOV
1512
DELISTED
Government Properties Income Trust
GOV
| $10.6M | ﹤0.01% |
556,963
+18,291
| +3% | +$354K |
|
1513
BancFirst
BANF
$3.89B
| $10.6M | ﹤0.01% |
228,130
+36,076
| +19% | +$1.45M |
|
1514
Liberty Media Series C
FWONK
$26B
| $10.6M | ﹤0.01% |
349,975
+13,395
| +4% | +$384K |
|
|
BPFH
1515
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $10.6M | ﹤0.01% |
640,505
+17,940
| +3% | +$260K |
|
|
NE
1516
DELISTED
Noble Corporation
NE
| $10.6M | ﹤0.01% |
1,789,640
+161,128
| +10% | +$949K |
|
1517
StoneX
SNEX
$8.05B
| $10.5M | ﹤0.01% |
1,347,339
+146,271
| +12% | +$1.13M |
|
1518
Astronics
ATRO
$4.57B
| $10.5M | ﹤0.01% |
429,521
+39,194
| +10% | +$1.03M |
|
|
DNR
1519
DELISTED
Denbury Resources, Inc.
DNR
| $10.5M | ﹤0.01% |
2,854,572
-429,585
| -13% | -$1.38M |
|
|
CSFL
1520
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $10.5M | ﹤0.01% |
417,351
+41,926
| +11% | +$892K |
|
|
AMWD
1521
DELISTED
American Woodmark
AMWD
| $10.5M | ﹤0.01% |
139,561
+17,793
| +15% | +$1.37M |
|
1522
Matrix Service
MTRX
$328M
| $10.5M | ﹤0.01% |
462,539
+85,183
| +23% | +$1.7M |
|
|
GIMO
1523
DELISTED
Gigamon Inc.
GIMO
| $10.5M | ﹤0.01% |
229,993
+28,218
| +14% | +$1.47M |
|
|
MINI
1524
DELISTED
Mobile Mini Inc
MINI
| $10.4M | ﹤0.01% |
345,458
+33,711
| +11% | +$989K |
|
1525
OSI Systems
OSIS
$3.77B
| $10.4M | ﹤0.01% |
136,665
+6,774
| +5% | +$488K |
|
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.