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 | |
|---|---|---|---|---|---|---|
1726
Clearway Energy Class C
CWEN
$7.02B
| $7.91M | ﹤0.01% |
500,878
+68,723
| +16% | +$1.07M |
|
|
NTRI
1727
DELISTED
NutriSystem, Inc.
NTRI
| $7.89M | ﹤0.01% |
227,842
+14,819
| +7% | +$501K |
|
1728
Clearwater Paper
CLW
$354M
| $7.87M | ﹤0.01% |
120,040
+6,187
| +5% | +$383K |
|
1729
AAR Corp
AIR
$5.77B
| $7.86M | ﹤0.01% |
237,885
+474
| +0.2% | +$16.3K |
|
|
MTSC
1730
DELISTED
MTS Systems Corp
MTSC
| $7.85M | ﹤0.01% |
138,512
+11,548
| +9% | +$588K |
|
1731
Movado Group
MOV
$796M
| $7.85M | ﹤0.01% |
273,070
+14,491
| +6% | +$373K |
|
1732
Artisan Partners
APAM
$3.03B
| $7.82M | ﹤0.01% |
263,003
+13,442
| +5% | +$383K |
|
|
APOL
1733
DELISTED
Apollo Education Group Inc Class A
APOL
| $7.82M | ﹤0.01% |
789,902
+58,266
| +8% | +$532K |
|
|
DENN
1734
DELISTED
Denny's
DENN
| $7.82M | ﹤0.01% |
609,433
+44,750
| +8% | +$522K |
|
|
PR
1735
Permian Resources
PR
$17.7B
| $7.81M | ﹤0.01% |
+395,944
| New | +$6.54M |
|
1736
Green Plains
GPRE
$1.09B
| $7.8M | ﹤0.01% |
280,196
+19,517
| +7% | +$519K |
|
|
TPC
1737
Tutor Perini Cor
TPC
$4.98B
| $7.8M | ﹤0.01% |
278,438
+15,160
| +6% | +$367K |
|
|
STBZ
1738
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $7.76M | ﹤0.01% |
288,856
+4,192
| +1% | +$102K |
|
1739
Diodes
DIOD
$4.48B
| $7.75M | ﹤0.01% |
301,724
+21,097
| +8% | +$482K |
|
1740
Community Trust Bancorp
CTBI
$1.44B
| $7.74M | ﹤0.01% |
156,045
+20,635
| +15% | +$844K |
|
1741
Kulicke & Soffa
KLIC
$5.01B
| $7.74M | ﹤0.01% |
485,268
+65,548
| +16% | +$956K |
|
|
SNBR
1742
DELISTED
Sleep Number
SNBR
| $7.71M | ﹤0.01% |
341,002
+9,491
| +3% | +$205K |
|
1743
Enviri
NVRI
$564M
| $7.67M | ﹤0.01% |
564,114
+32,598
| +6% | +$391K |
|
|
AHT
1744
Ashford Hospitality Trust
AHT
$20.2M
| $7.67M | ﹤0.01% |
1,000
+222
| +29% | +$1.45M |
|
|
ACOR
1745
DELISTED
Acorda Therapeutics
ACOR
| $7.67M | ﹤0.01% |
3,398
+203
| +6% | +$483K |
|
|
HF
1746
DELISTED
HFF Inc.
HF
| $7.66M | ﹤0.01% |
253,347
+15,534
| +7% | +$443K |
|
|
NFBK
1747
DELISTED
Northfield Bancorp
NFBK
| $7.66M | ﹤0.01% |
383,538
+44,050
| +13% | +$789K |
|
1748
Alamo Group
ALG
$1.99B
| $7.64M | ﹤0.01% |
100,438
+11,663
| +13% | +$818K |
|
|
SHPG
1749
DELISTED
Shire pic
SHPG
| $7.63M | ﹤0.01% |
44,804
+4,729
| +12% | +$838K |
|
1750
Helios Technologies
HLIO
$2.67B
| $7.63M | ﹤0.01% |
190,956
+8,152
| +4% | +$292K |
|
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.