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 | |
|---|---|---|---|---|---|---|
1901
Puma Biotechnology
PBYI
$450M
| $6.08M | ﹤0.01% |
198,181
+26,490
| +15% | +$1.15M |
|
|
CTWS
1902
DELISTED
Connecticut Water Service Inc
CTWS
| $6.08M | ﹤0.01% |
108,916
-9,700
| -8% | -$516K |
|
1903
Babcock & Wilcox
BW
$1.39B
| $6.08M | ﹤0.01% |
36,661
+897
| +3% | +$143K |
|
|
CWEI
1904
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $6.08M | ﹤0.01% |
50,980
+10,319
| +25% | +$1.03M |
|
1905
Onto Innovation
ONTO
$20.6B
| $6.07M | ﹤0.01% |
242,353
+61,038
| +34% | +$1.4M |
|
|
NRE
1906
DELISTED
NorthStar Realty Europe Corp.
NRE
| $6.07M | ﹤0.01% |
483,067
+91,519
| +23% | +$1M |
|
1907
ePlus
PLUS
$2.31B
| $6.07M | ﹤0.01% |
210,640
+47,148
| +29% | +$1.22M |
|
|
FRAN
1908
DELISTED
Francesca's Holdings Corporation
FRAN
| $6.06M | ﹤0.01% |
28,021
-1,469
| -5% | -$305K |
|
|
EXTN
1909
DELISTED
Exterran Corporation
EXTN
| $6.06M | ﹤0.01% |
253,480
+8,474
| +3% | +$161K |
|
1910
US Physical Therapy
USPH
$1.24B
| $6.05M | ﹤0.01% |
86,179
+2,166
| +3% | +$138K |
|
|
CRC
1911
DELISTED
California Resources Corporation
CRC
| $6.05M | ﹤0.01% |
284,023
+24,453
| +9% | +$358K |
|
1912
Winnebago Industries
WGO
$921M
| $6.04M | ﹤0.01% |
190,893
+4,464
| +2% | +$139K |
|
|
ANH
1913
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $6.02M | ﹤0.01% |
1,165,018
+50,729
| +5% | +$256K |
|
1914
IDT Corp
IDT
$1.67B
| $6.01M | ﹤0.01% |
382,943
+91,993
| +32% | +$1.48M |
|
1915
Materion
MTRN
$5.88B
| $6M | ﹤0.01% |
151,577
+9,889
| +7% | +$348K |
|
|
DERM
1916
DELISTED
Dermira, Inc.
DERM
| $6M | ﹤0.01% |
197,699
+12,978
| +7% | +$418K |
|
1917
Koppers
KOP
$874M
| $5.98M | ﹤0.01% |
148,425
+10,257
| +7% | +$376K |
|
1918
Southern Copper
SCCO
$158B
| $5.98M | ﹤0.01% |
204,757
+21,662
| +12% | +$603K |
|
|
FINL
1919
DELISTED
Finish Line
FINL
| $5.97M | ﹤0.01% |
317,297
+9,038
| +3% | +$197K |
|
1920
FormFactor
FORM
$10.3B
| $5.95M | ﹤0.01% |
531,594
+16,728
| +3% | +$178K |
|
1921
SunCoke Energy
SXC
$788M
| $5.94M | ﹤0.01% |
524,250
+89,550
| +21% | +$952K |
|
|
BMTC
1922
DELISTED
Bryn Mawr Bank Corp
BMTC
| $5.94M | ﹤0.01% |
140,935
+2,977
| +2% | +$105K |
|
1923
Lexicon Pharmaceuticals
LXRX
$1.04B
| $5.94M | ﹤0.01% |
429,279
+20,482
| +5% | +$329K |
|
|
SNR
1924
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.94M | ﹤0.01% |
606,337
+17,081
| +3% | +$172K |
|
1925
SPDR Gold Trust
GLD
$142B
| – | – |
0
| – | – |
|
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.