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 | |
|---|---|---|---|---|---|---|
1576
Asbury Automotive
ABG
$3.78B
| $9.71M | ﹤0.01% |
157,305
+4,113
| +3% | +$235K |
|
1577
Mercado Libre
MELI
$92.7B
| $9.69M | ﹤0.01% |
62,138
+44,097
| +244% | +$7.28M |
|
|
TWOU
1578
DELISTED
2U Inc
TWOU
| $9.68M | ﹤0.01% |
10,707
+1,621
| +18% | +$1.65M |
|
1579
Lakeland Financial Corp
LKFN
$1.56B
| $9.66M | ﹤0.01% |
204,080
+6,978
| +4% | +$285K |
|
1580
Meritage Homes
MTH
$4.8B
| $9.66M | ﹤0.01% |
555,242
+34,118
| +7% | +$590K |
|
1581
Terreno Realty
TRNO
$7.5B
| $9.65M | ﹤0.01% |
338,827
+16,090
| +5% | +$430K |
|
1582
Shenandoah Telecom
SHEN
$744M
| $9.65M | ﹤0.01% |
353,462
+16,578
| +5% | +$445K |
|
|
SONC
1583
DELISTED
Sonic Corp
SONC
| $9.64M | ﹤0.01% |
363,831
+7,093
| +2% | +$185K |
|
|
CMO
1584
DELISTED
Capstead Mortgage Corp.
CMO
| $9.63M | ﹤0.01% |
944,742
-82,789
| -8% | -$812K |
|
1585
Gentherm
THRM
$1.32B
| $9.61M | ﹤0.01% |
284,030
+19,815
| +7% | +$617K |
|
1586
Evertec
EVTC
$1.91B
| $9.61M | ﹤0.01% |
541,329
+68,699
| +15% | +$1.14M |
|
|
AERI
1587
DELISTED
Aerie Pharmaceuticals
AERI
| $9.61M | ﹤0.01% |
253,856
+43,322
| +21% | +$1.64M |
|
|
BSFT
1588
DELISTED
BroadSoft, Inc.
BSFT
| $9.61M | ﹤0.01% |
232,858
+20,723
| +10% | +$885K |
|
|
LGF.A
1589
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $9.6M | ﹤0.01% |
+356,983
| New | +$9.66M |
|
1590
Interface
TILE
$2.24B
| $9.58M | ﹤0.01% |
516,693
+41,552
| +9% | +$716K |
|
|
RPXC
1591
DELISTED
RPX Corporation
RPXC
| $9.58M | ﹤0.01% |
887,376
+129,715
| +17% | +$1.36M |
|
|
AMED
1592
DELISTED
Amedisys
AMED
| $9.58M | ﹤0.01% |
224,674
+16,789
| +8% | +$714K |
|
1593
Rayonier Advanced Materials
RYAM
$570M
| $9.57M | ﹤0.01% |
619,096
+89,601
| +17% | +$1.25M |
|
|
IPHS
1594
DELISTED
Innophos Holdings, Inc.
IPHS
| $9.56M | ﹤0.01% |
182,933
+15,014
| +9% | +$729K |
|
1595
Resources Connection
RGP
$145M
| $9.56M | ﹤0.01% |
496,553
+101,012
| +26% | +$1.62M |
|
1596
Supernus Pharmaceuticals
SUPN
$2.74B
| $9.55M | ﹤0.01% |
378,429
+33,954
| +10% | +$759K |
|
1597
Tompkins Financial
TMP
$1.45B
| $9.55M | ﹤0.01% |
101,007
+2,319
| +2% | +$194K |
|
1598
CNA Financial
CNA
$13.8B
| $9.54M | ﹤0.01% |
229,783
-13,741
| -6% | -$523K |
|
1599
Global Net Lease
GNL
$1.9B
| $9.51M | ﹤0.01% |
404,923
+20,534
| +5% | +$470K |
|
1600
Werner Enterprises
WERN
$2.31B
| $9.5M | ﹤0.01% |
352,454
+21,063
| +6% | +$543K |
|
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.