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 | |
|---|---|---|---|---|---|---|
1651
MaxLinear
MXL
$6.95B
| $8.77M | ﹤0.01% |
402,261
+2,715
| +0.7% | +$56.2K |
|
1652
Patrick Industries
PATK
$2.78B
| $8.76M | ﹤0.01% |
258,433
+8,870
| +4% | +$262K |
|
|
CYS
1653
DELISTED
CYS Investments Inc.
CYS
| $8.73M | ﹤0.01% |
1,129,479
+74,490
| +7% | +$607K |
|
1654
First Busey Corp
BUSE
$2.58B
| $8.73M | ﹤0.01% |
283,562
+32,983
| +13% | +$858K |
|
1655
Seaboard Corp
SEB
$4.08B
| $8.72M | ﹤0.01% |
2,207
+30
| +1% | +$113K |
|
|
ABAX
1656
DELISTED
Abaxis Inc
ABAX
| $8.72M | ﹤0.01% |
165,270
+13,706
| +9% | +$706K |
|
1657
City Holding Co
CHCO
$2.08B
| $8.7M | ﹤0.01% |
128,669
+3,083
| +2% | +$179K |
|
|
BOBE
1658
DELISTED
Bob Evans Farms, Inc.
BOBE
| $8.7M | ﹤0.01% |
163,444
+9,871
| +6% | +$445K |
|
|
LQ
1659
DELISTED
La Quinta Holdings Inc.
LQ
| $8.68M | ﹤0.01% |
610,777
+61,898
| +11% | +$734K |
|
|
SASR
1660
DELISTED
Sandy Spring Bancorp Inc
SASR
| $8.68M | ﹤0.01% |
216,979
+29,002
| +15% | +$1M |
|
|
LTRPA
1661
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $8.67M | ﹤0.01% |
576,028
+27,721
| +5% | +$511K |
|
|
KYNB
1662
Kyntra Bio
KYNB
$28.5M
| $8.67M | ﹤0.01% |
16,199
-372
| -2% | -$186K |
|
|
AYR
1663
DELISTED
Aircastle Ltd
AYR
| $8.66M | ﹤0.01% |
415,377
+9,608
| +2% | +$203K |
|
1664
Etsy
ETSY
$7.4B
| $8.65M | ﹤0.01% |
734,319
+34,060
| +5% | +$441K |
|
1665
Heartland Express
HTLD
$979M
| $8.64M | ﹤0.01% |
424,566
+13,814
| +3% | +$278K |
|
1666
RH
RH
$3.4B
| $8.64M | ﹤0.01% |
281,507
+8,325
| +3% | +$269K |
|
|
FOE
1667
DELISTED
Ferro Corporation
FOE
| $8.63M | ﹤0.01% |
602,115
+32,829
| +6% | +$466K |
|
|
CYNO
1668
DELISTED
Cynosure, Inc. Class A
CYNO
| $8.61M | ﹤0.01% |
188,902
+23,628
| +14% | +$1.08M |
|
|
ASRT
1669
DELISTED
Assertio
ASRT
| $8.59M | ﹤0.01% |
7,949
+405
| +5% | +$516K |
|
1670
CONMED
CNMD
$1.49B
| $8.56M | ﹤0.01% |
193,708
+6,422
| +3% | +$273K |
|
1671
Kosmos Energy
KOS
$1.51B
| $8.55M | ﹤0.01% |
1,220,128
+181,394
| +17% | +$1.03M |
|
|
TBI
1672
Trueblue
TBI
$309M
| $8.51M | ﹤0.01% |
345,420
+49,263
| +17% | +$1.04M |
|
|
CFNL
1673
DELISTED
Cardinal Financial Corp
CFNL
| $8.51M | ﹤0.01% |
259,638
+10,235
| +4% | +$303K |
|
1674
OneMain Financial
OMF
$7.51B
| $8.51M | ﹤0.01% |
384,165
+45,903
| +14% | +$1.13M |
|
1675
RPC Inc
RES
$1.39B
| $8.5M | ﹤0.01% |
429,108
+13,251
| +3% | +$248K |
|
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.