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 | |
|---|---|---|---|---|---|---|
|
BMCH
1751
DELISTED
BMC Stock Holdings, Inc
BMCH
| $7.61M | ﹤0.01% |
390,143
+41,382
| +12% | +$751K |
|
1752
Stewart Information Services
STC
$2.07B
| $7.59M | ﹤0.01% |
164,735
+4,522
| +3% | +$203K |
|
|
OSG
1753
Octave Specialty Group
OSG
$212M
| $7.58M | ﹤0.01% |
337,066
+17,154
| +5% | +$375K |
|
1754
Stride
LRN
$3.48B
| $7.58M | ﹤0.01% |
441,932
+90,633
| +26% | +$1.31M |
|
|
SYNT
1755
DELISTED
Syntel Inc
SYNT
| $7.58M | ﹤0.01% |
383,111
+88,367
| +30% | +$1.9M |
|
1756
CareTrust REIT
CTRE
$9.18B
| $7.57M | ﹤0.01% |
494,135
+2,201
| +0.4% | +$31.5K |
|
1757
RE/MAX Holdings
RMAX
$265M
| $7.56M | ﹤0.01% |
135,030
+10,043
| +8% | +$486K |
|
|
AVX
1758
DELISTED
AVX Corporation
AVX
| $7.55M | ﹤0.01% |
483,250
+80,796
| +20% | +$1.19M |
|
|
TERP
1759
DELISTED
TerraForm Power, Inc
TERP
| $7.55M | ﹤0.01% |
589,217
-71,600
| -11% | -$931K |
|
|
MAGN
1760
Magnera Corp
MAGN
$433M
| $7.5M | ﹤0.01% |
24,147
+1,231
| +5% | +$356K |
|
1761
TriNet
TNET
$3.22B
| $7.49M | ﹤0.01% |
292,542
+8,541
| +3% | +$194K |
|
|
BFX
1762
DELISTED
BowFlex Inc.
BFX
| $7.49M | ﹤0.01% |
405,040
+28,384
| +8% | +$528K |
|
|
TDAY
1763
USA Today Co
TDAY
$1B
| $7.48M | ﹤0.01% |
467,992
+130,935
| +39% | +$2.02M |
|
|
MNR
1764
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $7.45M | ﹤0.01% |
489,127
+13,499
| +3% | +$187K |
|
|
SHLM
1765
DELISTED
Schulman (A.) Inc
SHLM
| $7.45M | ﹤0.01% |
222,602
+12,665
| +6% | +$401K |
|
1766
Wayfair
W
$13.9B
| $7.43M | ﹤0.01% |
212,124
+21,189
| +11% | +$762K |
|
|
ESND
1767
DELISTED
Essendant Inc.
ESND
| $7.43M | ﹤0.01% |
355,765
+86,444
| +32% | +$1.64M |
|
|
MDC
1768
DELISTED
M.D.C. Holdings, Inc.
MDC
| $7.42M | ﹤0.01% |
364,422
-6,194
| -2% | -$115K |
|
|
ISCA
1769
DELISTED
International Speedway Corp
ISCA
| $7.42M | ﹤0.01% |
201,737
+6,781
| +3% | +$238K |
|
1770
World Acceptance Corp
WRLD
$875M
| $7.4M | ﹤0.01% |
115,136
+15,605
| +16% | +$874K |
|
|
IPCC
1771
DELISTED
Infinity Property & Casualty C
IPCC
| $7.39M | ﹤0.01% |
84,087
+1,574
| +2% | +$134K |
|
1772
Weis Markets
WMK
$1.77B
| $7.39M | ﹤0.01% |
110,524
+21,113
| +24% | +$1.22M |
|
1773
Green Dot
GDOT
$770M
| $7.37M | ﹤0.01% |
313,070
+8,490
| +3% | +$199K |
|
|
ORIT
1774
DELISTED
Oritani Financial Corp. New
ORIT
| $7.36M | ﹤0.01% |
392,754
+97,520
| +33% | +$1.65M |
|
|
CVGW
1775
DELISTED
Calavo Growers
CVGW
| $7.36M | ﹤0.01% |
119,854
+5,994
| +5% | +$365K |
|
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.