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 | |
|---|---|---|---|---|---|---|
2051
Box
BOX
$4.64B
| $4.83M | ﹤0.01% |
348,195
+41,574
| +14% | +$615K |
|
|
FNHC
2052
DELISTED
FedNat Holding Company Common Stock
FNHC
| $4.82M | ﹤0.01% |
258,014
+22,080
| +9% | +$391K |
|
2053
John B. Sanfilippo & Son
JBSS
$1.01B
| $4.8M | ﹤0.01% |
68,240
-166
| -0.2% | -$10.2K |
|
2054
Quanex
NX
$981M
| $4.8M | ﹤0.01% |
236,588
+10,921
| +5% | +$202K |
|
2055
MGP Ingredients
MGPI
$391M
| $4.79M | ﹤0.01% |
95,945
+2,938
| +3% | +$130K |
|
2056
AtriCure
ATRC
$2.21B
| $4.79M | ﹤0.01% |
244,712
+34,559
| +16% | +$626K |
|
|
CDR
2057
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.78M | ﹤0.01% |
110,895
+2,647
| +2% | +$115K |
|
|
DEA
2058
Easterly Government Properties
DEA
$1.17B
| $4.77M | ﹤0.01% |
95,300
+7,726
| +9% | +$369K |
|
2059
Expro Ltd
XPRO
$2.08B
| $4.77M | ﹤0.01% |
64,585
+23,566
| +57% | +$1.73M |
|
|
AD
2060
Array Digital Infrastructure
AD
$3.07B
| $4.77M | ﹤0.01% |
109,037
+10,377
| +11% | +$393K |
|
|
BEAT
2061
DELISTED
BioTelemetry, Inc.
BEAT
| $4.77M | ﹤0.01% |
213,285
+8,841
| +4% | +$173K |
|
2062
Tronox
TROX
$958M
| $4.76M | ﹤0.01% |
461,611
+26,642
| +6% | +$266K |
|
|
APFH
2063
DELISTED
AdvancePierre Foods Holdings
APFH
| $4.75M | ﹤0.01% |
159,460
+15,579
| +11% | +$428K |
|
2064
PDF Solutions
PDFS
$2.12B
| $4.73M | ﹤0.01% |
209,613
+18,559
| +10% | +$388K |
|
2065
Sonic Automotive
SAH
$2.52B
| $4.72M | ﹤0.01% |
206,032
+6,660
| +3% | +$135K |
|
2066
Independence Realty Trust
IRT
$4.03B
| $4.7M | ﹤0.01% |
527,073
+155,101
| +42% | +$1.34M |
|
|
CUNB
2067
DELISTED
CU Bancorp
CUNB
| $4.7M | ﹤0.01% |
131,252
+31,447
| +32% | +$858K |
|
|
PES
2068
DELISTED
Pioneer Energy Services Corp.
PES
| $4.69M | ﹤0.01% |
684,904
+256,180
| +60% | +$1.25M |
|
|
PRFT
2069
DELISTED
Perficient Inc
PRFT
| $4.68M | ﹤0.01% |
267,777
+11,801
| +5% | +$215K |
|
2070
HealthStream
HSTM
$849M
| $4.68M | ﹤0.01% |
186,839
+6,794
| +4% | +$175K |
|
2071
Virtu Financial
VIRT
$5.04B
| $4.67M | ﹤0.01% |
293,152
+56,659
| +24% | +$809K |
|
|
BKS
2072
DELISTED
Barnes & Noble
BKS
| $4.67M | ﹤0.01% |
419,142
+12,489
| +3% | +$143K |
|
2073
TTEC Holdings
TTEC
$80.4M
| $4.67M | ﹤0.01% |
153,054
+5,910
| +4% | +$170K |
|
2074
Peoples Bancorp
PEBO
$1.48B
| $4.66M | ﹤0.01% |
143,674
+11,704
| +9% | +$324K |
|
|
ITG
2075
DELISTED
Investment Technology Group Inc
ITG
| $4.66M | ﹤0.01% |
235,964
+6,284
| +3% | +$114K |
|
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.