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 | |
|---|---|---|---|---|---|---|
2101
Interparfums
IPAR
$3.74B
| $4.47M | ﹤0.01% |
136,405
+4,772
| +4% | +$158K |
|
2102
Adams Diversified Equity Fund
ADX
$3.31B
| $4.46M | ﹤0.01% |
351,178
+19,716
| +6% | +$253K |
|
2103
Enanta Pharmaceuticals
ENTA
$399M
| $4.44M | ﹤0.01% |
132,584
+6,436
| +5% | +$184K |
|
2104
NMI Holdings
NMIH
$3.4B
| $4.43M | ﹤0.01% |
415,980
+28,445
| +7% | +$252K |
|
|
FBC
2105
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $4.42M | ﹤0.01% |
164,189
+12,649
| +8% | +$348K |
|
|
NSM
2106
DELISTED
Nationstar Mortgage Holdings
NSM
| $4.42M | ﹤0.01% |
244,727
+1,934
| +0.8% | +$31.9K |
|
|
NPKI
2107
NPK International
NPKI
$1.19B
| $4.41M | ﹤0.01% |
587,774
+17,165
| +3% | +$125K |
|
|
KERX
2108
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $4.4M | ﹤0.01% |
750,517
+27,501
| +4% | +$150K |
|
2109
Horizon Bancorp
HBNC
$1.06B
| $4.4M | ﹤0.01% |
235,553
+25,583
| +12% | +$384K |
|
|
FARO
2110
DELISTED
Faro Technologies
FARO
| $4.39M | ﹤0.01% |
122,091
+3,622
| +3% | +$129K |
|
|
VSI
2111
DELISTED
Vitamin Shoppe Inc.
VSI
| $4.39M | ﹤0.01% |
185,001
+12,170
| +7% | +$312K |
|
2112
Ring Energy
REI
$347M
| $4.39M | ﹤0.01% |
338,076
+91,898
| +37% | +$1.06M |
|
2113
HSBC
HSBC
$358B
| $4.39M | ﹤0.01% |
120,956
+16,478
| +16% | +$584K |
|
|
TMHC
2114
DELISTED
Taylor Morrison
TMHC
| $4.37M | ﹤0.01% |
226,960
+24,082
| +12% | +$452K |
|
|
GNMK
2115
DELISTED
GenMark Diagnostics, Inc
GNMK
| $4.35M | ﹤0.01% |
355,090
+34,069
| +11% | +$405K |
|
2116
Enova International
ENVA
$6.57B
| $4.34M | ﹤0.01% |
346,109
+51,305
| +17% | +$554K |
|
2117
Phibro Animal Health
PAHC
$1.38B
| $4.34M | ﹤0.01% |
148,214
+4,748
| +3% | +$130K |
|
2118
Mercantile Bank Corp
MBWM
$1.06B
| $4.34M | ﹤0.01% |
115,141
+4,411
| +4% | +$139K |
|
|
GAM
2119
General American Investors Company
GAM
$1.62B
| $4.33M | ﹤0.01% |
139,259
+6,503
| +5% | +$204K |
|
|
IL
2120
DELISTED
IntraLinks Holdings Inc.
IL
| $4.33M | ﹤0.01% |
319,986
+33,058
| +12% | +$369K |
|
|
CORR
2121
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $4.32M | ﹤0.01% |
123,962
+43,058
| +53% | +$1.32M |
|
2122
Marcus Corp
MCS
$921M
| $4.32M | ﹤0.01% |
137,146
+1,915
| +1% | +$54.1K |
|
|
CHUY
2123
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.31M | ﹤0.01% |
132,760
+4,600
| +4% | +$139K |
|
|
XOXO
2124
DELISTED
Xo Group Inc
XOXO
| $4.3M | ﹤0.01% |
221,192
+4,541
| +2% | +$85.4K |
|
2125
Marten Transport
MRTN
$1.24B
| $4.3M | ﹤0.01% |
461,375
+10,727
| +2% | +$96.4K |
|
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.