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 | |
|---|---|---|---|---|---|---|
|
AEGN
1876
DELISTED
Aegion Corp
AEGN
| $6.3M | ﹤0.01% |
265,930
+7,606
| +3% | +$169K |
|
|
KRA
1877
DELISTED
Kraton Corporation
KRA
| $6.29M | ﹤0.01% |
220,768
+13,580
| +7% | +$418K |
|
1878
Griffon
GFF
$4.8B
| $6.27M | ﹤0.01% |
239,462
-23,393
| -9% | -$485K |
|
1879
Heritage Financial
HFWA
$1.23B
| $6.27M | ﹤0.01% |
243,366
+5,886
| +2% | +$126K |
|
|
NEWR
1880
DELISTED
New Relic, Inc.
NEWR
| $6.26M | ﹤0.01% |
221,546
+31,564
| +17% | +$1.04M |
|
1881
Altisource Portfolio Solutions
ASPS
$65.6M
| $6.26M | ﹤0.01% |
29,415
+6,531
| +29% | +$1.46M |
|
1882
Banc of California
BANC
$3.11B
| $6.25M | ﹤0.01% |
360,068
+23,465
| +7% | +$360K |
|
1883
MYR Group
MYRG
$5.1B
| $6.24M | ﹤0.01% |
165,729
+27,907
| +20% | +$959K |
|
1884
Insmed
INSM
$27.6B
| $6.23M | ﹤0.01% |
470,836
+16,818
| +4% | +$229K |
|
|
RDUS
1885
DELISTED
Radius Recycling
RDUS
| $6.23M | ﹤0.01% |
242,396
+29,480
| +14% | +$758K |
|
1886
Infosys
INFY
$50.3B
| $6.22M | ﹤0.01% |
843,232
+75,050
| +10% | +$563K |
|
|
VIVO
1887
DELISTED
Meridian Bioscience Inc
VIVO
| $6.21M | ﹤0.01% |
351,049
+5,084
| +1% | +$89.3K |
|
1888
Vanda Pharmaceuticals
VNDA
$304M
| $6.2M | ﹤0.01% |
388,583
+16,274
| +4% | +$262K |
|
1889
Amphastar Pharmaceuticals
AMPH
$858M
| $6.2M | ﹤0.01% |
336,369
-24,783
| -7% | -$482K |
|
1890
Great Southern Bancorp
GSBC
$888M
| $6.2M | ﹤0.01% |
113,359
+13,699
| +14% | +$649K |
|
|
FRGI
1891
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $6.19M | ﹤0.01% |
207,421
+18,654
| +10% | +$519K |
|
1892
ArcBest
ARCB
$3.28B
| $6.18M | ﹤0.01% |
223,468
-7,335
| -3% | -$188K |
|
|
MTGE
1893
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $6.17M | ﹤0.01% |
393,301
+28,170
| +8% | +$467K |
|
|
DEL
1894
DELISTED
Deltic Timber
DEL
| $6.17M | ﹤0.01% |
79,993
+2,278
| +3% | +$156K |
|
|
BATS
1895
DELISTED
Bats Global Markets, Inc.
BATS
| $6.14M | ﹤0.01% |
183,295
+21,412
| +13% | +$673K |
|
1896
TriCo Bancshares
TCBK
$1.86B
| $6.13M | ﹤0.01% |
179,438
+2,611
| +1% | +$77.6K |
|
1897
Iridium Communications
IRDM
$5.27B
| $6.13M | ﹤0.01% |
638,843
+52,227
| +9% | +$466K |
|
1898
Installed Building Products
IBP
$6.54B
| $6.11M | ﹤0.01% |
147,938
+14,712
| +11% | +$561K |
|
1899
Future Fuel
FF
$249M
| $6.11M | ﹤0.01% |
439,493
+72,532
| +20% | +$938K |
|
|
SINA
1900
DELISTED
Sina Corp
SINA
| $6.09M | ﹤0.01% |
100,481
+70,622
| +237% | +$5.06M |
|
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.