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 |
S&P Global
SPGI
|
+$216M |
| 2 |
Charter Communications
CHTR
|
+$192M |
| 3 |
SLB Ltd
SLB
|
+$79.3M |
| 4 |
IBM
IBM
|
+$70.2M |
| 5 |
Newell Brands
NWL
|
+$67.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AFFX
Affymetrix Inc
AFFX
|
+$7.53B |
| 2 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$447M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$229M |
| 4 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$208M |
| 5 |
SANDISK CORP
SNDK
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.87% |
| 2 | Technology | 14.38% |
| 3 | Financials | 13.98% |
| 4 | Industrials | 10.32% |
| 5 | Consumer Discretionary | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
251
Amphenol
APH
$215B
| $151M | 0.08% |
21,156,128
+1,335,992
| +7% | +$9.61M |
2013 Q2
12 quarters
|
|
252
Tesla
TSLA
$1.51T
| $151M | 0.08% |
10,645,530
+1,326,675
| +14% | +$20.1M |
2013 Q2
12 quarters
|
|
|
CERN
253
DELISTED
Cerner Corp
CERN
| $150M | 0.08% |
2,571,357
-12,082
| -0.5% | -$673K |
2013 Q2
12 quarters
|
|
254
Molson Coors Class B
TAP
$6.94B
| $150M | 0.08% |
1,483,288
+3,165
| +0.2% | +$311K |
2013 Q2
12 quarters
|
|
|
NLSN
255
DELISTED
Nielsen Holdings plc
NLSN
| $149M | 0.08% |
2,877,813
-30,168
| -1% | -$1.59M |
2013 Q2
12 quarters
|
|
256
Digital Realty Trust
DLR
$66.3B
| $149M | 0.08% |
1,366,551
+261,054
| +24% | +$24.8M |
2013 Q2
12 quarters
|
|
257
Analog Devices
ADI
$197B
| $149M | 0.08% |
2,628,599
+3,294
| +0.1% | +$189K |
2013 Q2
12 quarters
|
|
|
TYC
258
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $146M | 0.08% |
3,277,188
+50,852
| +2% | +$2.13M |
2013 Q2
12 quarters
|
|
259
DTE Energy
DTE
$26.4B
| $145M | 0.08% |
1,721,468
-8,634
| -0.5% | -$668K |
2013 Q2
12 quarters
|
|
260
Hershey
HSY
$32.7B
| $145M | 0.08% |
1,276,308
+4,308
| +0.3% | +$403K |
2013 Q2
12 quarters
|
|
261
Lumen Technologies, Inc. Common Stock
LUMN
$5.45B
| $143M | 0.08% |
4,951,350
-191,192
| -4% | -$5.57M |
2013 Q2
12 quarters
|
|
262
Hartford Financial Services
HIG
$35B
| $141M | 0.08% |
3,189,600
-59,117
| -2% | -$2.64M |
2013 Q2
12 quarters
|
|
263
Essex Property Trust
ESS
$17.5B
| $141M | 0.08% |
620,287
-31,924
| -5% | -$7.13M |
2013 Q2
12 quarters
|
|
264
International Paper
IP
$17B
| $141M | 0.08% |
3,523,306
+67,556
| +2% | +$2.69M |
2013 Q2
12 quarters
|
|
265
Stanley Black & Decker
SWK
$13.4B
| $141M | 0.08% |
1,268,870
+29,136
| +2% | +$3.24M |
2013 Q2
12 quarters
|
|
266
American Airlines Group
AAL
$8.45B
| $139M | 0.08% |
4,932,518
+67,664
| +1% | +$2.29M |
2013 Q4
10 quarters
|
|
267
Henry Schein
HSIC
$9.36B
| $138M | 0.08% |
1,994,480
+24,439
| +1% | +$1.65M |
2013 Q2
12 quarters
|
|
|
LNKD
268
DELISTED
LinkedIn Corporation
LNKD
| $138M | 0.08% |
729,178
+54,019
| +8% | +$7.49M |
2013 Q2
12 quarters
|
|
269
Roper Technologies
ROP
$36B
| $138M | 0.08% |
810,068
-4,124
| -0.5% | -$721K |
2013 Q2
12 quarters
|
|
270
Bath & Body Works
BBWI
$3.5B
| $138M | 0.07% |
2,542,773
+35,837
| +1% | +$2.1M |
2013 Q2
12 quarters
|
|
|
MJN
271
DELISTED
Mead Johnson Nutrition Company
MJN
| $138M | 0.07% |
1,520,603
-59,829
| -4% | -$5.07M |
2013 Q2
12 quarters
|
|
272
Equifax
EFX
$17.1B
| $136M | 0.07% |
1,061,658
+62,587
| +6% | +$7.58M |
2013 Q2
12 quarters
|
|
273
FirstEnergy
FE
$26B
| $136M | 0.07% |
3,898,106
+193,237
| +5% | +$6.55M |
2013 Q2
12 quarters
|
|
274
Ulta Beauty
ULTA
$24.4B
| $136M | 0.07% |
558,487
+115,213
| +26% | +$25.1M |
2013 Q2
12 quarters
|
|
275
Trane Technologies
TT
$105B
| $135M | 0.07% |
2,122,623
+28,959
| +1% | +$1.86M |
2013 Q2
12 quarters
|
|
Similar funds
Geode Capital Management's Q2 2016 Portfolio in Review
As of Q2 2016, Geode Capital Management held 4,187 positions worth $184B, down 2.4% from $188B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management withdrew a net $8.49B in Q2 2016, closing 127 positions and reducing 984 holdings. Its most notable exit was Affymetrix Inc, an estimated $7.53B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Geode Capital Management opened a new position in S&P Global worth $215M.
- Geode Capital Management's largest Q2 2016 buy was S&P Global: 2,009,728 shares worth $215M.
- Geode Capital Management added most to Charter Communications in Q2 2016, an estimated $192M increase.
- Geode Capital Management's biggest Q2 2016 reduction was GE Aerospace, cutting an estimated $72.2M.
- Geode Capital Management fully exited Affymetrix Inc in Q2 2016, selling an estimated $7.53B.
- Geode Capital Management's ten largest holdings make up 15% of its $184B portfolio in Q2 2016.
- Geode Capital Management opened 96 new positions and closed 127 in Q2 2016.
- Geode Capital Management's portfolio value fell 2.4% quarter-over-quarter to $184B.
Based on Geode Capital Management's 13F filing for Q2 2016, filed 12 Aug 2016.