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 | |
|---|---|---|---|---|---|---|
1526
HubSpot
HUBS
$12B
| $10.4M | ﹤0.01% |
221,122
+15,054
| +7% | +$797K |
|
1527
Gibraltar Industries
ROCK
$1.45B
| $10.4M | ﹤0.01% |
249,500
+21,693
| +10% | +$896K |
|
|
ABCO
1528
DELISTED
Advisory Board Co
ABCO
| $10.4M | ﹤0.01% |
312,376
+16,164
| +5% | +$598K |
|
1529
Delek US
DK
$4.18B
| $10.4M | ﹤0.01% |
431,273
+58,305
| +16% | +$1.14M |
|
|
NSA
1530
DELISTED
National Storage Affiliates Trust
NSA
| $10.4M | ﹤0.01% |
470,212
+68,451
| +17% | +$1.39M |
|
|
AAWW
1531
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $10.4M | ﹤0.01% |
198,946
+22,491
| +13% | +$1.06M |
|
|
PMC
1532
DELISTED
PharMerica Corporation
PMC
| $10.3M | ﹤0.01% |
411,399
+58,032
| +16% | +$1.47M |
|
|
JUNO
1533
DELISTED
Juno Therapeutics, Inc.
JUNO
| $10.3M | ﹤0.01% |
546,620
+39,611
| +8% | +$969K |
|
1534
Genesco
GCO
$394M
| $10.3M | ﹤0.01% |
165,553
+22,514
| +16% | +$1.37M |
|
1535
Scholastic
SCHL
$784M
| $10.3M | ﹤0.01% |
216,368
+13,522
| +7% | +$574K |
|
|
NP
1536
DELISTED
Neenah, Inc. Common Stock
NP
| $10.3M | ﹤0.01% |
120,565
+5,710
| +5% | +$473K |
|
|
BLD
1537
DELISTED
TopBuild
BLD
| $10.3M | ﹤0.01% |
288,165
+21,059
| +8% | +$725K |
|
|
NAVG
1538
DELISTED
Navigators Group Inc
NAVG
| $10.2M | ﹤0.01% |
173,570
+6,258
| +4% | +$325K |
|
1539
Acco Brands
ACCO
$399M
| $10.2M | ﹤0.01% |
782,042
+71,332
| +10% | +$834K |
|
|
RTEC
1540
DELISTED
Rudolph Technologies Inc
RTEC
| $10.2M | ﹤0.01% |
435,980
+71,336
| +20% | +$1.4M |
|
|
OME
1541
DELISTED
Omega Protein
OME
| $10.2M | ﹤0.01% |
406,297
+70,605
| +21% | +$1.67M |
|
|
KG
1542
Kestrel Group
KG
$60.5M
| $10.2M | ﹤0.01% |
29,146
+8,514
| +41% | +$2.61M |
|
1543
Amkor Technology
AMKR
$14.3B
| $10.2M | ﹤0.01% |
963,769
+89,966
| +10% | +$958K |
|
1544
Agios Pharmaceuticals
AGIO
$2B
| $10.2M | ﹤0.01% |
243,563
+24,061
| +11% | +$1.26M |
|
|
PEGI
1545
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $10.2M | ﹤0.01% |
535,200
+41,531
| +8% | +$854K |
|
|
TLRD
1546
DELISTED
Tailored Brands, Inc.
TLRD
| $10.2M | ﹤0.01% |
397,498
+77,823
| +24% | +$1.5M |
|
|
KAMN
1547
DELISTED
Kaman Corp
KAMN
| $10.1M | ﹤0.01% |
207,282
+18,621
| +10% | +$866K |
|
|
CNSL
1548
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $10.1M | ﹤0.01% |
377,634
+12,718
| +3% | +$332K |
|
|
RWT
1549
Redwood Trust
RWT
$599M
| $10.1M | ﹤0.01% |
666,028
+47,459
| +8% | +$697K |
|
1550
Fabrinet
FN
$20.3B
| $10.1M | ﹤0.01% |
251,341
+16,841
| +7% | +$702K |
|
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.