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 | |
|---|---|---|---|---|---|---|
|
FGL
2426
DELISTED
Fidelity & Guaranty Life
FGL
| $2.63M | ﹤0.01% |
110,799
+20,342
| +22% | +$473K |
|
2427
Curis
CRIS
$3.49M
| $2.61M | ﹤0.01% |
424
+25
| +6% | +$150K |
|
2428
Utah Medical Products
UTMD
$230M
| $2.61M | ﹤0.01% |
35,927
+597
| +2% | +$38.8K |
|
2429
Park Aerospace
PKE
$828M
| $2.61M | ﹤0.01% |
139,877
+3,145
| +2% | +$53.6K |
|
|
TLGT
2430
DELISTED
Teligent, Inc
TLGT
| $2.6M | ﹤0.01% |
39,353
+1,772
| +5% | +$125K |
|
|
PRTY
2431
DELISTED
Party City Holdco Inc.
PRTY
| $2.6M | ﹤0.01% |
183,120
+5,891
| +3% | +$95.8K |
|
|
IMMU
2432
DELISTED
Immunomedics Inc
IMMU
| $2.59M | ﹤0.01% |
706,085
+82,947
| +13% | +$245K |
|
|
GNRT
2433
DELISTED
Gener8 Maritime, Inc.
GNRT
| $2.59M | ﹤0.01% |
578,306
+21,473
| +4% | +$95.8K |
|
2434
NVE Corp
NVEC
$591M
| $2.59M | ﹤0.01% |
36,226
+809
| +2% | +$51K |
|
|
LMOS
2435
DELISTED
Lumos Networks Corp
LMOS
| $2.58M | ﹤0.01% |
165,492
+3,574
| +2% | +$52K |
|
2436
iShares Core S&P Small-Cap ETF
IJR
$112B
| – | – |
0
| – | – |
|
2437
Village Super Market
VLGEA
$627M
| $2.58M | ﹤0.01% |
83,523
+32,489
| +64% | +$1.05M |
|
|
NCOM
2438
DELISTED
National Commerce Corporation
NCOM
| $2.58M | ﹤0.01% |
69,388
+6,657
| +11% | +$209K |
|
2439
Immersion
IMMR
$247M
| $2.57M | ﹤0.01% |
242,143
+22,977
| +10% | +$217K |
|
2440
iRhythm Holdings
IRTC
$4.13B
| $2.57M | ﹤0.01% |
+85,712
| New | +$2.31M |
|
2441
Hovnanian Enterprises
HOV
$793M
| $2.57M | ﹤0.01% |
37,610
+4,594
| +14% | +$230K |
|
|
COOP
2442
DELISTED
Mr. Cooper
COOP
| $2.56M | ﹤0.01% |
137,938
+18,389
| +15% | +$395K |
|
|
CIO
2443
DELISTED
City Office REIT
CIO
| $2.56M | ﹤0.01% |
194,758
+11,600
| +6% | +$145K |
|
|
ACBI
2444
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $2.56M | ﹤0.01% |
134,906
+14,003
| +12% | +$224K |
|
|
AY
2445
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.56M | ﹤0.01% |
132,439
+17,925
| +16% | +$327K |
|
2446
Culp Inc
CULP
$43.8M
| $2.56M | ﹤0.01% |
68,942
+4,257
| +7% | +$138K |
|
|
INSY
2447
DELISTED
Insys Therapeutics, Inc.
INSY
| $2.56M | ﹤0.01% |
278,131
+95,291
| +52% | +$1.08M |
|
2448
America's Car Mart
CRMT
$26.2M
| $2.56M | ﹤0.01% |
58,463
+1,421
| +2% | +$59.2K |
|
2449
Novavax
NVAX
$1.31B
| $2.56M | ﹤0.01% |
101,483
+3,005
| +3% | +$87.6K |
|
|
DSKE
2450
DELISTED
Daseke, Inc. Common Stock
DSKE
| $2.56M | ﹤0.01% |
+252,983
| New | +$2.5M |
|
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.