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 | |
|---|---|---|---|---|---|---|
|
CFMS
2451
DELISTED
Conformis, Inc. Common Stock
CFMS
| $2.55M | ﹤0.01% |
12,613
+1,023
| +9% | +$226K |
|
2452
iShares Core S&P Mid-Cap ETF
IJH
$128B
| – | – |
0
| – | – |
|
2453
LeMaitre Vascular
LMAT
$1.88B
| $2.55M | ﹤0.01% |
100,626
-10,349
| -9% | -$230K |
|
|
SWNC
2454
DELISTED
Southwestern Energy Company
SWNC
| – | – |
0
| – | – |
|
|
NBIS
2455
Nebius Group N.V.
NBIS
$70.5B
| $2.54M | ﹤0.01% |
126,467
+6,152
| +5% | +$121K |
|
2456
Alto Ingredients
ALTO
$315M
| $2.54M | ﹤0.01% |
267,481
+37,844
| +16% | +$304K |
|
|
DSPG
2457
DELISTED
DSP Group Inc
DSPG
| $2.53M | ﹤0.01% |
193,646
+7,253
| +4% | +$83.1K |
|
2458
Malibu Boats
MBUU
$576M
| $2.52M | ﹤0.01% |
132,364
+2,892
| +2% | +$48.7K |
|
|
HDP
2459
DELISTED
Hortonworks, Inc.
HDP
| $2.52M | ﹤0.01% |
303,264
+22,802
| +8% | +$190K |
|
|
AUD
2460
DELISTED
Audacy, Inc.
AUD
| $2.51M | ﹤0.01% |
163,991
+4,215
| +3% | +$60.8K |
|
2461
1-800-Flowers.com
FLWS
$262M
| $2.51M | ﹤0.01% |
234,247
+8,597
| +4% | +$86.6K |
|
2462
STAAR Surgical
STAA
$1.27B
| $2.5M | ﹤0.01% |
230,660
+11,697
| +5% | +$119K |
|
|
PBPB
2463
DELISTED
Potbelly
PBPB
| $2.5M | ﹤0.01% |
193,663
+28,605
| +17% | +$382K |
|
2464
Ardelyx
ARDX
$1.03B
| $2.5M | ﹤0.01% |
175,809
+3,721
| +2% | +$52.8K |
|
|
ARNA
2465
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $2.49M | ﹤0.01% |
175,680
+4,454
| +3% | +$69K |
|
2466
Tejon Ranch
TRC
$441M
| $2.49M | ﹤0.01% |
100,950
+2,381
| +2% | +$57.8K |
|
2467
Iovance Biotherapeutics
IOVA
$3.05B
| $2.49M | ﹤0.01% |
358,466
+13,507
| +4% | +$92.9K |
|
|
BELFB
2468
Bel Fuse Inc Class B
BELFB
$4.25B
| $2.49M | ﹤0.01% |
80,610
+10,002
| +14% | +$278K |
|
|
VWTR
2469
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $2.48M | ﹤0.01% |
163,679
+4,887
| +3% | +$66.1K |
|
|
LIOX
2470
DELISTED
Lionbridge Technologies
LIOX
| $2.47M | ﹤0.01% |
426,545
+22,123
| +5% | +$113K |
|
|
CPAAU
2471
DELISTED
Conyers Park Acquisition Corp. Unit
CPAAU
| $2.47M | ﹤0.01% |
+227,790
| New | +$2.49M |
|
2472
BP
BP
$111B
| $2.46M | ﹤0.01% |
76,827
+20,814
| +37% | +$626K |
|
2473
CRA International
CRAI
$1.06B
| $2.46M | ﹤0.01% |
67,135
+624
| +0.9% | +$19.7K |
|
|
GNBC
2474
DELISTED
Green Bancorp, Inc
GNBC
| $2.43M | ﹤0.01% |
159,626
+35,990
| +29% | +$442K |
|
|
SNBC
2475
DELISTED
Sun Bancorp Inc
SNBC
| $2.43M | ﹤0.01% |
93,321
+20,014
| +27% | +$482K |
|
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.