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 | |
|---|---|---|---|---|---|---|
|
DFRG
2351
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $3M | ﹤0.01% |
176,298
+13,318
| +8% | +$209K |
|
2352
Forestar Group
FOR
$1.5B
| $2.99M | ﹤0.01% |
224,542
+4,284
| +2% | +$52.4K |
|
|
OTIC
2353
DELISTED
Otonomy, Inc.
OTIC
| $2.98M | ﹤0.01% |
187,635
+11,886
| +7% | +$199K |
|
2354
Regional Management Corp
RM
$301M
| $2.97M | ﹤0.01% |
113,217
+9,317
| +9% | +$222K |
|
|
MGI
2355
DELISTED
MoneyGram International, Inc. New
MGI
| $2.97M | ﹤0.01% |
251,822
+7,647
| +3% | +$71.5K |
|
|
LBY
2356
DELISTED
Libbey, Inc.
LBY
| $2.96M | ﹤0.01% |
152,399
+3,306
| +2% | +$59.7K |
|
2357
CVR Energy
CVI
$3.5B
| $2.96M | ﹤0.01% |
116,665
+3,022
| +3% | +$52.3K |
|
|
RDS.B
2358
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $2.96M | ﹤0.01% |
51,109
+19,176
| +60% | +$1.05M |
|
|
LOXO
2359
DELISTED
Loxo Oncology, Inc
LOXO
| $2.96M | ﹤0.01% |
92,083
-8,697
| -9% | -$223K |
|
2360
Accuray
ARAY
$34.9M
| $2.94M | ﹤0.01% |
638,885
+70,661
| +12% | +$366K |
|
2361
Omeros
OMER
$1.22B
| $2.94M | ﹤0.01% |
296,086
+6,997
| +2% | +$71.4K |
|
2362
Harmonic Inc
HLIT
$1.47B
| $2.94M | ﹤0.01% |
587,286
+14,905
| +3% | +$76.6K |
|
2363
Mercer International
MERC
$33.5M
| $2.94M | ﹤0.01% |
275,759
+4,711
| +2% | +$42.7K |
|
2364
LivePerson
LPSN
$35.4M
| $2.92M | ﹤0.01% |
25,834
+1,948
| +8% | +$241K |
|
2365
Seneca Foods Class A
SENEA
$1.3B
| $2.92M | ﹤0.01% |
72,932
+2,945
| +4% | +$102K |
|
2366
Medpace
MEDP
$16.5B
| $2.91M | ﹤0.01% |
80,795
+11,576
| +17% | +$386K |
|
|
AAMI
2367
Acadian Asset Management
AAMI
$3.28B
| $2.9M | ﹤0.01% |
200,237
+114,918
| +135% | +$1.63M |
|
2368
A10 Networks
ATEN
$2B
| $2.88M | ﹤0.01% |
347,194
+62,489
| +22% | +$537K |
|
|
OMN
2369
DELISTED
OMNOVA Solutions Inc.
OMN
| $2.88M | ﹤0.01% |
288,389
+6,847
| +2% | +$60.5K |
|
|
APTS
2370
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $2.87M | ﹤0.01% |
192,243
+35,975
| +23% | +$481K |
|
|
XCRA
2371
DELISTED
Xcerra Corporation
XCRA
| $2.87M | ﹤0.01% |
375,088
+8,057
| +2% | +$52K |
|
2372
Alarm.com
ALRM
$2.74B
| $2.85M | ﹤0.01% |
102,304
+2,656
| +3% | +$77.1K |
|
2373
e.l.f. Beauty
ELF
$5.44B
| $2.85M | ﹤0.01% |
+98,399
| New | +$2.79M |
|
|
CHCT
2374
Community Healthcare Trust
CHCT
$438M
| $2.84M | ﹤0.01% |
123,523
+7,287
| +6% | +$163K |
|
2375
Teekay
TK
$1.07B
| $2.84M | ﹤0.01% |
354,054
+34,414
| +11% | +$265K |
|
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.