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 | |
|---|---|---|---|---|---|---|
2376
Digi International
DGII
$3.23B
| $2.84M | ﹤0.01% |
206,637
-72,044
| -26% | -$883K |
|
2377
Bank of Marin Bancorp
BMRC
$462M
| $2.84M | ﹤0.01% |
81,424
+774
| +1% | +$23.2K |
|
2378
PTC Therapeutics
PTCT
$6.06B
| $2.83M | ﹤0.01% |
259,306
+30,111
| +13% | +$316K |
|
2379
American Public Education
APEI
$826M
| $2.83M | ﹤0.01% |
115,256
-42,880
| -27% | -$959K |
|
|
KDNY
2380
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $2.83M | ﹤0.01% |
49,573
+5,094
| +11% | +$308K |
|
2381
Angi Inc
ANGI
$176M
| $2.82M | ﹤0.01% |
34,305
+3,614
| +12% | +$308K |
|
2382
Aclaris Therapeutics
ACRS
$860M
| $2.82M | ﹤0.01% |
103,910
+52,765
| +103% | +$1.35M |
|
|
IVC
2383
DELISTED
Invacare Corporation
IVC
| $2.82M | ﹤0.01% |
215,933
+16,337
| +8% | +$188K |
|
|
WLB
2384
DELISTED
Westmoreland Coal Company
WLB
| $2.81M | ﹤0.01% |
159,226
+39,860
| +33% | +$556K |
|
2385
Kinsale Capital Group
KNSL
$8.51B
| $2.81M | ﹤0.01% |
82,683
+55,468
| +204% | +$1.47M |
|
|
LL
2386
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.81M | ﹤0.01% |
178,670
+4,265
| +2% | +$74.3K |
|
|
KMG
2387
DELISTED
KMG Chemicals Inc
KMG
| $2.81M | ﹤0.01% |
72,289
+10,546
| +17% | +$337K |
|
2388
Lifecore Biomedical
LFCR
$181M
| $2.8M | ﹤0.01% |
203,029
+8,771
| +5% | +$122K |
|
|
ALJ
2389
DELISTED
Alon USA Energy Inc
ALJ
| $2.8M | ﹤0.01% |
246,128
-19,092
| -7% | -$179K |
|
|
PHX
2390
DELISTED
PHX Minerals
PHX
| $2.79M | ﹤0.01% |
118,709
+2,582
| +2% | +$54.9K |
|
|
SFS
2391
DELISTED
Smart & Final Stores, Inc.
SFS
| $2.79M | ﹤0.01% |
197,967
+4,218
| +2% | +$55.5K |
|
2392
Sunrun
RUN
$2.37B
| $2.79M | ﹤0.01% |
525,518
+124,234
| +31% | +$688K |
|
2393
Bassett Furniture
BSET
$171M
| $2.78M | ﹤0.01% |
91,611
+3,702
| +4% | +$100K |
|
|
XYZ
2394
Block Inc
XYZ
$47B
| $2.78M | ﹤0.01% |
204,295
-4,702
| -2% | -$58.5K |
|
2395
Celldex Therapeutics
CLDX
$3.52B
| $2.78M | ﹤0.01% |
52,378
+1,540
| +3% | +$87.6K |
|
|
TPCO
2396
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $2.78M | ﹤0.01% |
200,244
-326
| -0.2% | -$4.54K |
|
2397
Park-Ohio Holdings
PKOH
$716M
| $2.77M | ﹤0.01% |
64,927
+1,612
| +3% | +$61.9K |
|
|
NUTR
2398
DELISTED
Nutraceutical International Co
NUTR
| $2.76M | ﹤0.01% |
79,034
+2,695
| +4% | +$85.4K |
|
2399
Powell Industries
POWL
$7.58B
| $2.76M | ﹤0.01% |
212,397
+8,028
| +4% | +$106K |
|
2400
Energy Recovery
ERII
$397M
| $2.75M | ﹤0.01% |
266,153
+9,220
| +4% | +$111K |
|
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.