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 | |
|---|---|---|---|---|---|---|
|
SCLN
2126
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $4.28M | ﹤0.01% |
396,728
+21,874
| +6% | +$219K |
|
2127
PJT Partners
PJT
$4.41B
| $4.28M | ﹤0.01% |
138,624
+3,578
| +3% | +$103K |
|
|
CSW
2128
CSW Industrials
CSW
$5.64B
| $4.28M | ﹤0.01% |
116,048
+2,513
| +2% | +$85.4K |
|
2129
REX American Resources
REX
$1.44B
| $4.26M | ﹤0.01% |
259,092
-87,570
| -25% | -$1.3M |
|
2130
Ennis
EBF
$554M
| $4.26M | ﹤0.01% |
245,720
+29,734
| +14% | +$484K |
|
2131
Gogo Inc
GOGO
$383M
| $4.24M | ﹤0.01% |
459,752
+40,475
| +10% | +$400K |
|
|
EXAR
2132
DELISTED
Exar Corporation
EXAR
| $4.22M | ﹤0.01% |
391,752
+84,975
| +28% | +$825K |
|
2133
Crocs
CROX
$6.32B
| $4.22M | ﹤0.01% |
615,020
+80,471
| +15% | +$624K |
|
2134
PC Connection
CNXN
$2.04B
| $4.22M | ﹤0.01% |
150,142
+8,884
| +6% | +$235K |
|
|
EGL
2135
DELISTED
Engility Holdings, Inc.
EGL
| $4.21M | ﹤0.01% |
124,992
+6,916
| +6% | +$229K |
|
2136
Copa Holdings
CPA
$6.17B
| $4.21M | ﹤0.01% |
46,362
+7,751
| +20% | +$703K |
|
2137
Metallus
MTUS
$894M
| $4.21M | ﹤0.01% |
271,661
+15,543
| +6% | +$208K |
|
2138
Columbus McKinnon
CMCO
$547M
| $4.19M | ﹤0.01% |
155,131
+12,933
| +9% | +$291K |
|
|
LORL
2139
DELISTED
Loral Space and Communications, Inc.
LORL
| $4.19M | ﹤0.01% |
102,082
+4,167
| +4% | +$163K |
|
2140
Hawkins
HWKN
$2.69B
| $4.19M | ﹤0.01% |
155,240
+15,462
| +11% | +$357K |
|
|
SCMP
2141
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $4.19M | ﹤0.01% |
309,033
+86,656
| +39% | +$1.21M |
|
2142
Stoneridge
SRI
$200M
| $4.18M | ﹤0.01% |
236,530
+27,928
| +13% | +$472K |
|
|
TAHO
2143
DELISTED
Tahoe Resources Inc
TAHO
| $4.17M | ﹤0.01% |
442,996
+74,010
| +20% | +$771K |
|
|
HONE
2144
DELISTED
HarborOne Bancorp
HONE
| $4.17M | ﹤0.01% |
387,235
+155,576
| +67% | +$1.55M |
|
|
TAST
2145
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $4.17M | ﹤0.01% |
273,403
+30,559
| +13% | +$403K |
|
|
BHBK
2146
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $4.17M | ﹤0.01% |
222,384
+4,643
| +2% | +$77.5K |
|
2147
Ezcorp Inc
EZPW
$1.81B
| $4.17M | ﹤0.01% |
391,377
+443
| +0.1% | +$4.78K |
|
|
CZR
2148
DELISTED
Caesars Entertainment Corporation
CZR
| $4.16M | ﹤0.01% |
488,835
+46,429
| +10% | +$348K |
|
2149
Shake Shack
SHAK
$2.95B
| $4.15M | ﹤0.01% |
115,964
+19,878
| +21% | +$697K |
|
|
PFC
2150
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.15M | ﹤0.01% |
163,510
+10,372
| +7% | +$235K |
|
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.