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 | |
|---|---|---|---|---|---|---|
2251
Cytokinetics
CYTK
$10.4B
| $3.46M | ﹤0.01% |
284,936
+11,268
| +4% | +$120K |
|
|
FRTA
2252
DELISTED
Forterra, Inc
FRTA
| $3.46M | ﹤0.01% |
+159,763
| New | +$3.02M |
|
|
MBVT
2253
DELISTED
Merchants Bancshares Inc
MBVT
| $3.46M | ﹤0.01% |
63,831
+2,562
| +4% | +$115K |
|
|
CIE
2254
DELISTED
Cobalt International Energy, Inc
CIE
| $3.46M | ﹤0.01% |
189,005
+14,751
| +8% | +$255K |
|
2255
Inovio Pharmaceuticals
INO
$93.3M
| $3.46M | ﹤0.01% |
41,510
+1,138
| +3% | +$103K |
|
2256
Cerus
CERS
$564M
| $3.45M | ﹤0.01% |
794,151
+65,699
| +9% | +$342K |
|
2257
Open Text
OTEX
$5.83B
| $3.45M | ﹤0.01% |
111,750
+11,462
| +11% | +$357K |
|
|
UCFC
2258
DELISTED
United Community Financial Corp
UCFC
| $3.44M | ﹤0.01% |
385,133
+6,895
| +2% | +$55.6K |
|
|
AFI
2259
DELISTED
Armstrong Flooring, Inc.
AFI
| $3.44M | ﹤0.01% |
172,809
+12,883
| +8% | +$237K |
|
2260
Artesian Resources
ARTNA
$369M
| $3.43M | ﹤0.01% |
107,378
+3,379
| +3% | +$102K |
|
|
ALTA
2261
DELISTED
Altabancorp
ALTA
| $3.43M | ﹤0.01% |
127,671
+19,234
| +18% | +$430K |
|
|
FDML
2262
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $3.42M | ﹤0.01% |
331,988
+28,790
| +9% | +$280K |
|
|
EAGLU
2263
DELISTED
Double Eagle Acquisition Corp.
EAGLU
| $3.41M | ﹤0.01% |
325,000
+250,000
| +333% | +$2.58M |
|
2264
Ambarella
AMBA
$3.63B
| $3.41M | ﹤0.01% |
62,958
+8,975
| +17% | +$541K |
|
|
PGEM
2265
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.4M | ﹤0.01% |
209,300
+19,485
| +10% | +$290K |
|
2266
Titan International
TWI
$445M
| $3.4M | ﹤0.01% |
303,343
+4,366
| +1% | +$47.8K |
|
2267
GSK
GSK
$101B
| $3.4M | ﹤0.01% |
70,630
-4,328
| -6% | -$214K |
|
|
MITT
2268
TPG Mortgage Investment Trust
MITT
$214M
| $3.4M | ﹤0.01% |
66,230
+1,887
| +3% | +$93.3K |
|
2269
Haverty Furniture Companies
HVT
$447M
| $3.39M | ﹤0.01% |
142,920
+2,959
| +2% | +$61.9K |
|
|
UMH
2270
UMH Properties
UMH
$1.41B
| $3.37M | ﹤0.01% |
224,220
+11,351
| +5% | +$145K |
|
2271
Alpha and Omega Semiconductor
AOSL
$943M
| $3.37M | ﹤0.01% |
158,625
+27,621
| +21% | +$597K |
|
2272
Century Aluminum
CENX
$4.8B
| $3.36M | ﹤0.01% |
392,554
+12,408
| +3% | +$106K |
|
|
MEET
2273
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $3.34M | ﹤0.01% |
676,832
+361,592
| +115% | +$1.87M |
|
2274
First Community Bankshares
FCBC
$937M
| $3.33M | ﹤0.01% |
110,549
+6,026
| +6% | +$161K |
|
2275
Cohu
COHU
$2.76B
| $3.33M | ﹤0.01% |
239,386
+6,469
| +3% | +$78.8K |
|
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.