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 | |
|---|---|---|---|---|---|---|
1826
Qualys
QLYS
$6.78B
| $6.82M | ﹤0.01% |
215,546
+23,458
| +12% | +$826K |
|
1827
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| – | – |
0
| – | – |
|
|
ISLE
1828
DELISTED
Isle of Capri Casinos Inc
ISLE
| $6.8M | ﹤0.01% |
275,419
-39,044
| -12% | -$880K |
|
1829
Lattice Semiconductor
LSCC
$18.2B
| $6.79M | ﹤0.01% |
923,088
+60,650
| +7% | +$422K |
|
|
FFIC
1830
DELISTED
Flushing Financial
FFIC
| $6.76M | ﹤0.01% |
230,095
+6,674
| +3% | +$169K |
|
1831
Usana Health Sciences
USNA
$252M
| $6.74M | ﹤0.01% |
110,193
+13,145
| +14% | +$856K |
|
|
XLRN
1832
DELISTED
Acceleron Pharma
XLRN
| $6.74M | ﹤0.01% |
264,062
+3,680
| +1% | +$117K |
|
1833
National CineMedia
NCMI
$252M
| $6.73M | ﹤0.01% |
45,701
+1,096
| +2% | +$161K |
|
|
SALE
1834
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $6.73M | ﹤0.01% |
723,481
+89,204
| +14% | +$836K |
|
1835
Coherus Oncology
CHRS
$176M
| $6.72M | ﹤0.01% |
238,610
+22,449
| +10% | +$628K |
|
1836
TherapeuticsMD
TXMD
$24.1M
| $6.7M | ﹤0.01% |
23,239
+2,722
| +13% | +$843K |
|
1837
1st Source
SRCE
$2.13B
| $6.7M | ﹤0.01% |
150,034
+6,702
| +5% | +$259K |
|
|
WIRE
1838
DELISTED
Encore Wire Corp
WIRE
| $6.7M | ﹤0.01% |
154,579
+5,808
| +4% | +$231K |
|
1839
Univest Financial
UVSP
$1.19B
| $6.67M | ﹤0.01% |
215,997
+9,931
| +5% | +$265K |
|
|
BBG
1840
DELISTED
Bill Barrett Corp
BBG
| $6.67M | ﹤0.01% |
954,227
+540,615
| +131% | +$3.45M |
|
|
CBPX
1841
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $6.63M | ﹤0.01% |
287,161
+7,436
| +3% | +$161K |
|
|
ATSG
1842
DELISTED
Air Transport Services Group
ATSG
| $6.62M | ﹤0.01% |
414,792
+9,474
| +2% | +$146K |
|
|
BGC
1843
DELISTED
General Cable Corporation
BGC
| $6.59M | ﹤0.01% |
346,079
+9,752
| +3% | +$164K |
|
|
BKI
1844
DELISTED
Black Knight, Inc. Common Stock
BKI
| $6.59M | ﹤0.01% |
174,271
+28,487
| +20% | +$1.09M |
|
|
PRSU
1845
Pursuit Attractions and Hospitality Inc
PRSU
$1.29B
| $6.57M | ﹤0.01% |
149,064
+11,148
| +8% | +$461K |
|
1846
Tootsie Roll Industries
TR
$3.02B
| $6.57M | ﹤0.01% |
222,081
+7,947
| +4% | +$221K |
|
|
CCC
1847
DELISTED
Calgon Carbon Corp
CCC
| $6.56M | ﹤0.01% |
386,162
+37,680
| +11% | +$630K |
|
|
BRSL
1848
Brightstar Lottery PLC
BRSL
$2.15B
| $6.56M | ﹤0.01% |
256,967
+26,991
| +12% | +$724K |
|
1849
Planet Fitness
PLNT
$3.71B
| $6.53M | ﹤0.01% |
325,012
+161,043
| +98% | +$3.34M |
|
1850
Kelly Services Class A
KELYA
$566M
| $6.52M | ﹤0.01% |
284,489
+42,059
| +17% | +$856K |
|
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.