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 | |
|---|---|---|---|---|---|---|
|
TRTN
2176
DELISTED
Triton International Limited
TRTN
| $3.92M | ﹤0.01% |
247,914
+22,632
| +10% | +$363K |
|
|
NXRT
2177
NexPoint Residential Trust
NXRT
$637M
| $3.92M | ﹤0.01% |
175,257
+4,156
| +2% | +$81.6K |
|
2178
Federal Agricultural Mortgage
AGM
$2.52B
| $3.91M | ﹤0.01% |
68,330
+1,341
| +2% | +$65.3K |
|
2179
DXP Enterprises
DXPE
$3.02B
| $3.91M | ﹤0.01% |
112,438
+20,546
| +22% | +$608K |
|
|
MACK
2180
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $3.91M | ﹤0.01% |
121,703
+14,542
| +14% | +$620K |
|
|
EPZM
2181
DELISTED
Epizyme, Inc
EPZM
| $3.9M | ﹤0.01% |
322,448
+26,627
| +9% | +$278K |
|
|
SEVN
2182
Seven Hills Realty Trust
SEVN
$175M
| $3.89M | ﹤0.01% |
197,632
-11,280
| -5% | -$218K |
|
|
PRO
2183
DELISTED
PROS Holdings
PRO
| $3.89M | ﹤0.01% |
180,741
+4,153
| +2% | +$94.9K |
|
2184
OFG Bancorp
OFG
$2.27B
| $3.88M | ﹤0.01% |
296,153
+8,660
| +3% | +$104K |
|
|
ONIT
2185
Onity Group
ONIT
$326M
| $3.88M | ﹤0.01% |
47,954
+1,314
| +3% | +$92.6K |
|
2186
McEwen Inc
MUX
$1.13B
| $3.88M | ﹤0.01% |
133,209
+10,234
| +8% | +$317K |
|
2187
Icahn Enterprises
IEP
$5.36B
| $3.87M | ﹤0.01% |
64,662
+7,233
| +13% | +$390K |
|
2188
Wipro
WIT
$19.2B
| $3.87M | ﹤0.01% |
2,132,331
+578,624
| +37% | +$1.04M |
|
2189
Kodak
KODK
$987M
| $3.87M | ﹤0.01% |
249,474
+2,441
| +1% | +$37.2K |
|
|
NXEO
2190
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $3.86M | ﹤0.01% |
415,120
+113,606
| +38% | +$911K |
|
2191
Artivion
AORT
$1.38B
| $3.86M | ﹤0.01% |
201,387
+25,493
| +14% | +$465K |
|
|
WSR
2192
DELISTED
Whitestone REIT
WSR
| $3.85M | ﹤0.01% |
268,108
+21,858
| +9% | +$294K |
|
2193
Brown-Forman Class A
BF.A
$13.1B
| $3.85M | ﹤0.01% |
104,123
+7,383
| +8% | +$282K |
|
|
CAMP
2194
DELISTED
CalAmp Corp.
CAMP
| $3.85M | ﹤0.01% |
11,533
+437
| +4% | +$144K |
|
2195
NN Inc
NNBR
$300M
| $3.83M | ﹤0.01% |
201,306
+5,105
| +3% | +$90.4K |
|
2196
Arrow Financial
AROW
$730M
| $3.83M | ﹤0.01% |
116,368
+5,047
| +5% | +$148K |
|
|
TSC
2197
DELISTED
TriState Capital Holdings, Inc.
TSC
| $3.83M | ﹤0.01% |
173,128
+2,809
| +2% | +$53.2K |
|
|
PGTI
2198
DELISTED
PGT, Inc.
PGTI
| $3.82M | ﹤0.01% |
333,446
-12,781
| -4% | -$139K |
|
2199
Casella Waste Systems
CWST
$5.79B
| $3.81M | ﹤0.01% |
306,852
+26,899
| +10% | +$316K |
|
|
FRBK
2200
DELISTED
Republic First Bancorp Inc
FRBK
| $3.81M | ﹤0.01% |
455,721
+264,298
| +138% | +$1.46M |
|
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.