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 | |
|---|---|---|---|---|---|---|
|
KND
2076
DELISTED
Kindred Healthcare
KND
| $4.66M | ﹤0.01% |
593,320
+17,790
| +3% | +$146K |
|
2077
Cimpress
CMPR
$2.38B
| $4.63M | ﹤0.01% |
50,576
+6,260
| +14% | +$568K |
|
2078
Barrett Business Services
BBSI
$789M
| $4.63M | ﹤0.01% |
288,932
+59,108
| +26% | +$795K |
|
2079
QCR Holdings
QCRH
$1.73B
| $4.63M | ﹤0.01% |
106,917
+32,925
| +44% | +$1.21M |
|
2080
QuidelOrtho
QDEL
$1.03B
| $4.63M | ﹤0.01% |
216,022
+6,137
| +3% | +$132K |
|
|
RUTH
2081
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.63M | ﹤0.01% |
252,822
+10,665
| +4% | +$176K |
|
|
LCI
2082
DELISTED
Lannett Company, Inc.
LCI
| $4.62M | ﹤0.01% |
52,352
-3,027
| -5% | -$279K |
|
|
GBNK
2083
DELISTED
Guaranty Bancorp
GBNK
| $4.61M | ﹤0.01% |
190,491
+38,011
| +25% | +$774K |
|
|
COBZ
2084
DELISTED
CoBiz Financial,Inc
COBZ
| $4.61M | ﹤0.01% |
272,663
+10,855
| +4% | +$159K |
|
|
TOWR
2085
DELISTED
Tower International, Inc.
TOWR
| $4.6M | ﹤0.01% |
162,268
+16,525
| +11% | +$415K |
|
2086
Buckle
BKE
$2.3B
| $4.58M | ﹤0.01% |
201,045
+7,631
| +4% | +$175K |
|
|
GOOD
2087
Gladstone Commercial Corp
GOOD
$637M
| $4.58M | ﹤0.01% |
227,711
+15,170
| +7% | +$279K |
|
|
WWE
2088
DELISTED
World Wrestling Entertainment
WWE
| $4.57M | ﹤0.01% |
248,459
+8,022
| +3% | +$152K |
|
2089
FIVE9
FIVN
$2.45B
| $4.56M | ﹤0.01% |
321,107
+68,272
| +27% | +$984K |
|
2090
Moelis & Co
MC
$4.93B
| $4.54M | ﹤0.01% |
134,110
+4,803
| +4% | +$136K |
|
2091
York Water
YORW
$534M
| $4.53M | ﹤0.01% |
118,641
+4,431
| +4% | +$150K |
|
|
CET
2092
Central Securities Corp
CET
$1.63B
| $4.53M | ﹤0.01% |
207,952
-2,438
| -1% | -$51.7K |
|
|
THR
2093
DELISTED
Thermon Group Holdings
THR
| $4.52M | ﹤0.01% |
236,764
+5,341
| +2% | +$105K |
|
|
AXDX
2094
DELISTED
Accelerate Diagnostics
AXDX
| $4.51M | ﹤0.01% |
21,757
+567
| +3% | +$135K |
|
2095
Community Health Systems
CYH
$417M
| $4.5M | ﹤0.01% |
805,599
-22,136
| -3% | -$154K |
|
|
STEW
2096
SRH Total Return Fund
STEW
$1.8B
| $4.5M | ﹤0.01% |
503,530
-17,409
| -3% | -$149K |
|
|
AVTA
2097
DELISTED
Avantax, Inc. Common Stock
AVTA
| $4.49M | ﹤0.01% |
304,482
+10,328
| +4% | +$139K |
|
|
GNCMA
2098
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $4.49M | ﹤0.01% |
230,890
+5,274
| +2% | +$87.2K |
|
2099
AeroVironment
AVAV
$9.59B
| $4.48M | ﹤0.01% |
166,976
+12,448
| +8% | +$323K |
|
2100
Golar LNG
GLNG
$5.28B
| $4.48M | ﹤0.01% |
195,182
+33,415
| +21% | +$777K |
|
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.