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 | |
|---|---|---|---|---|---|---|
|
TACO
2201
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $3.81M | ﹤0.01% |
269,530
+41,458
| +18% | +$575K |
|
2202
West Bancorporation
WTBA
$510M
| $3.8M | ﹤0.01% |
153,995
+3,839
| +3% | +$83.6K |
|
|
AIG.WS
2203
DELISTED
American International Group, Inc.
AIG.WS
| $3.8M | ﹤0.01% |
+162,118
| New | +$3.54M |
|
2204
Hooker Furnishings Corp
HOFT
$161M
| $3.78M | ﹤0.01% |
99,705
+16,566
| +20% | +$476K |
|
2205
Globalstar
GSAT
$10.8B
| $3.77M | ﹤0.01% |
158,963
+12,399
| +8% | +$194K |
|
2206
Hackett Group
HCKT
$271M
| $3.77M | ﹤0.01% |
213,374
+10,715
| +5% | +$181K |
|
|
WCIC
2207
DELISTED
WCI Communities, Inc.
WCIC
| $3.77M | ﹤0.01% |
160,592
+16,223
| +11% | +$379K |
|
|
ACHN
2208
DELISTED
Achillion Pharmaceuticals
ACHN
| $3.76M | ﹤0.01% |
910,741
-61,490
| -6% | -$327K |
|
|
ADSW
2209
DELISTED
Advanced Disposal Services Inc
ADSW
| $3.76M | ﹤0.01% |
+169,073
| New | +$3.4M |
|
2210
Regis Corp
RGS
$70.9M
| $3.74M | ﹤0.01% |
12,882
+167
| +1% | +$44.9K |
|
2211
Flex
FLEX
$47B
| $3.73M | ﹤0.01% |
346,725
+35,128
| +11% | +$375K |
|
2212
MasterCraft Boat Holdings
MCFT
$598M
| $3.73M | ﹤0.01% |
256,039
+131,287
| +105% | +$1.67M |
|
2213
ANI Pharmaceuticals
ANIP
$1.72B
| $3.73M | ﹤0.01% |
61,562
+5,950
| +11% | +$364K |
|
2214
Forrester Research
FORR
$222M
| $3.71M | ﹤0.01% |
86,324
+3,030
| +4% | +$120K |
|
|
AMRI
2215
DELISTED
Albany Molecular Research Inc
AMRI
| $3.71M | ﹤0.01% |
197,628
+6,542
| +3% | +$111K |
|
2216
LGI Homes
LGIH
$1.36B
| $3.7M | ﹤0.01% |
128,949
+14,417
| +13% | +$454K |
|
|
WIFI
2217
DELISTED
Boingo Wireless, Inc.
WIFI
| $3.68M | ﹤0.01% |
301,981
-10,477
| -3% | -$117K |
|
2218
Financial Institutions
FISI
$827M
| $3.68M | ﹤0.01% |
107,533
+7,523
| +8% | +$224K |
|
|
UAM
2219
DELISTED
Universal American Corp
UAM
| $3.68M | ﹤0.01% |
369,585
-4,248
| -1% | -$37.3K |
|
|
CTT
2220
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $3.67M | ﹤0.01% |
326,334
+16,545
| +5% | +$181K |
|
|
VIA
2221
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $3.66M | ﹤0.01% |
48,297
+5,863
| +14% | +$392K |
|
2222
PetMed Express
PETS
$42.1M
| $3.65M | ﹤0.01% |
158,411
+3,655
| +2% | +$78.3K |
|
|
FSB
2223
DELISTED
Franklin Financial Network, Inc.
FSB
| $3.65M | ﹤0.01% |
87,151
+12,621
| +17% | +$459K |
|
2224
Twilio
TWLO
$38.9B
| $3.61M | ﹤0.01% |
125,105
+49,946
| +66% | +$1.87M |
|
2225
Flotek Industries
FTK
$1.32B
| $3.6M | ﹤0.01% |
63,900
+4,231
| +7% | +$309K |
|
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.