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 |
GE Aerospace
GE
|
+$72.2M |
| 2 |
Microsoft
MSFT
|
+$66.1M |
| 3 |
Under Armour
UAA
|
+$63.2M |
| 4 |
ExxonMobil
XOM
|
+$51.6M |
| 5 |
WCN
Waste Connections
WCN
|
+$51.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.47% |
| 2 | Technology | 14.08% |
| 3 | Financials | 13.83% |
| 4 | Industrials | 10.22% |
| 5 | Consumer Discretionary | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Amphenol
APH
$214B
| $151M | 0.08% |
10,578,064
+667,996
| +7% | +$9.61M |
|
252
Tesla
TSLA
$1.27T
| $151M | 0.08% |
10,645,530
+1,326,675
| +14% | +$20.1M |
|
|
CERN
253
DELISTED
Cerner Corp
CERN
| $150M | 0.08% |
2,571,357
-12,082
| -0.5% | -$673K |
|
254
Molson Coors Class B
TAP
$7.83B
| $150M | 0.08% |
1,483,288
+3,165
| +0.2% | +$311K |
|
|
NLSN
255
DELISTED
Nielsen Holdings plc
NLSN
| $149M | 0.08% |
2,877,813
-30,168
| -1% | -$1.59M |
|
256
Digital Realty Trust
DLR
$71.9B
| $149M | 0.08% |
1,366,551
+261,054
| +24% | +$24.8M |
|
257
Analog Devices
ADI
$184B
| $149M | 0.08% |
2,628,599
+3,294
| +0.1% | +$189K |
|
|
TYC
258
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $146M | 0.08% |
3,277,188
+50,852
| +2% | +$2.13M |
|
259
DTE Energy
DTE
$29B
| $145M | 0.08% |
1,721,468
-8,634
| -0.5% | -$668K |
|
260
Hershey
HSY
$35.8B
| $145M | 0.08% |
1,276,308
+4,308
| +0.3% | +$403K |
|
261
Lumen
LUMN
$6.21B
| $143M | 0.08% |
4,951,350
-191,192
| -4% | -$5.57M |
|
262
Hartford Financial Services
HIG
$39.1B
| $141M | 0.08% |
3,189,600
-59,117
| -2% | -$2.64M |
|
263
Essex Property Trust
ESS
$18.4B
| $141M | 0.08% |
620,287
-31,924
| -5% | -$7.13M |
|
264
International Paper
IP
$22.7B
| $141M | 0.08% |
3,523,306
+67,556
| +2% | +$2.69M |
|
265
Stanley Black & Decker
SWK
$15.6B
| $141M | 0.08% |
1,268,870
+29,136
| +2% | +$3.24M |
|
266
American Airlines Group
AAL
$11.1B
| $139M | 0.08% |
4,932,518
+67,664
| +1% | +$2.29M |
|
267
Henry Schein
HSIC
$10.2B
| $138M | 0.08% |
1,994,480
+24,439
| +1% | +$1.65M |
|
|
LNKD
268
DELISTED
LinkedIn Corporation
LNKD
| $138M | 0.08% |
729,178
+54,019
| +8% | +$7.49M |
|
269
Roper Technologies
ROP
$38.9B
| $138M | 0.08% |
810,068
-4,124
| -0.5% | -$721K |
|
270
Bath & Body Works
BBWI
$4.15B
| $138M | 0.07% |
2,542,773
+35,837
| +1% | +$2.1M |
|
|
MJN
271
DELISTED
Mead Johnson Nutrition Company
MJN
| $138M | 0.07% |
1,520,603
-59,829
| -4% | -$5.07M |
|
272
Equifax
EFX
$20.5B
| $136M | 0.07% |
1,061,658
+62,587
| +6% | +$7.58M |
|
273
FirstEnergy
FE
$27.6B
| $136M | 0.07% |
3,898,106
+193,237
| +5% | +$6.55M |
|
274
Ulta Beauty
ULTA
$23.1B
| $136M | 0.07% |
558,487
+115,213
| +26% | +$25.1M |
|
275
Trane Technologies
TT
$107B
| $135M | 0.07% |
2,122,623
+28,959
| +1% | +$1.86M |
|
Similar funds
Geode Capital Management's Q2 2016 Portfolio in Review
As of Q2 2016, Geode Capital Management held 4,187 positions worth $184B, up 97,477% from $188M the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q2 2016 filing shows 96 new, 2,386 increased, 984 reduced and 127 closed positions. Its largest new stake was S&P Global: 2,009,728 shares worth $215M. The largest sale was GE Aerospace, an estimated $72.2M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Financials.
- 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 $7.53M.
- 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 rose 97,477% quarter-over-quarter to $184B.
Based on Geode Capital Management's 13F filing for Q2 2016, filed 12 Aug 2016.