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 | |
|---|---|---|---|---|---|---|
2026
Encore Capital Group
ECPG
$2.13B
| $5.07M | ﹤0.01% |
176,950
+5,859
| +3% | +$143K |
|
|
PDLI
2027
DELISTED
PDL BioPharma, Inc.
PDLI
| $5.07M | ﹤0.01% |
2,391,206
+519,710
| +28% | +$1.45M |
|
|
DCUD
2028
DELISTED
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
| – | – |
0
| – | – |
|
2029
Perdoceo Education
PRDO
$2.01B
| $5.06M | ﹤0.01% |
501,385
+22,049
| +5% | +$192K |
|
2030
Modine Manufacturing
MOD
$10.8B
| $5.04M | ﹤0.01% |
338,559
+34,587
| +11% | +$434K |
|
2031
Gray Television
GTN
$512M
| $5.04M | ﹤0.01% |
464,525
+18,115
| +4% | +$178K |
|
|
HTBK
2032
DELISTED
Heritage Commerce
HTBK
| $5.04M | ﹤0.01% |
349,183
+193,545
| +124% | +$2.35M |
|
2033
Vipshop
VIPS
$6.77B
| $5.03M | ﹤0.01% |
459,362
+89,836
| +24% | +$1.16M |
|
2034
Spok Holdings
SPOK
$230M
| $5.03M | ﹤0.01% |
242,524
+737
| +0.3% | +$13.7K |
|
2035
CTS Corp
CTS
$1.78B
| $5.03M | ﹤0.01% |
224,378
+6,784
| +3% | +$139K |
|
2036
Valvoline
VVV
$4.3B
| $5.02M | ﹤0.01% |
+233,506
| New | +$4.95M |
|
|
FRED
2037
DELISTED
Fred's Inc
FRED
| $5.02M | ﹤0.01% |
270,360
+21,075
| +8% | +$228K |
|
|
ACET
2038
DELISTED
Aceto Corp
ACET
| $5.01M | ﹤0.01% |
227,877
+17,713
| +8% | +$348K |
|
|
KTWO
2039
DELISTED
K2M Group Holdings, Inc
KTWO
| $4.99M | ﹤0.01% |
248,920
+62,048
| +33% | +$1.18M |
|
2040
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| – | – |
0
| – | – |
|
|
INOV
2041
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $4.95M | ﹤0.01% |
480,997
+35,431
| +8% | +$484K |
|
2042
First Financial Corp
THFF
$975M
| $4.95M | ﹤0.01% |
93,716
+2,454
| +3% | +$110K |
|
2043
M/I Homes
MHO
$3.87B
| $4.9M | ﹤0.01% |
194,538
+26,419
| +16% | +$622K |
|
|
BRS
2044
DELISTED
Bristow Group, Inc.
BRS
| $4.9M | ﹤0.01% |
239,188
+7,486
| +3% | +$113K |
|
2045
SiteOne Landscape Supply
SITE
$4.27B
| $4.87M | ﹤0.01% |
140,138
+60,713
| +76% | +$2.04M |
|
|
EIGI
2046
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $4.86M | ﹤0.01% |
522,309
+38,097
| +8% | +$310K |
|
2047
American Coastal Insurance
ACIC
$461M
| $4.86M | ﹤0.01% |
320,678
-6,004
| -2% | -$86K |
|
|
FLIC
2048
DELISTED
First of Long Island Corp
FLIC
| $4.85M | ﹤0.01% |
169,762
+12,976
| +8% | +$320K |
|
2049
Waterstone Financial
WSBF
$383M
| $4.84M | ﹤0.01% |
262,950
+12,901
| +5% | +$228K |
|
2050
OraSure Technologies
OSUR
$276M
| $4.84M | ﹤0.01% |
551,042
+62,155
| +13% | +$513K |
|
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.