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 | |
|---|---|---|---|---|---|---|---|
276
Rockwell Automation
ROK
$48B
| $132M | 0.07% |
1,155,676
+17,713
| +2% | +$2.03M |
2013 Q2
12 quarters
|
|
277
Willis Towers Watson
WTW
$27.5B
| $132M | 0.07% |
1,065,438
-24,117
| -2% | -$2.98M |
2013 Q2
12 quarters
|
|
278
Genuine Parts
GPC
$17.5B
| $132M | 0.07% |
1,306,190
+22,971
| +2% | +$2.23M |
2013 Q2
12 quarters
|
|
279
Campbell Soup
CPB
$5.73B
| $131M | 0.07% |
1,979,186
+144,154
| +8% | +$9.04M |
2013 Q2
12 quarters
|
|
280
American Water Works
AWK
$25.6B
| $131M | 0.07% |
1,547,194
-39,252
| -2% | -$2.92M |
2013 Q2
12 quarters
|
|
281
EQT Corp
EQT
$33B
| $130M | 0.07% |
3,090,745
+271,088
| +10% | +$10.5M |
2013 Q2
12 quarters
|
|
282
DELISTED
Hess
HES
| $130M | 0.07% |
2,164,149
-5,654
| -0.3% | -$327K |
2013 Q2
12 quarters
|
|
283
Entergy
ETR
$49.1B
| $130M | 0.07% |
3,192,452
-143,554
| -4% | -$5.51M |
2013 Q2
12 quarters
|
|
284
Western Digital
WDC
$149B
| $130M | 0.07% |
3,633,805
+418,398
| +13% | +$13.8M |
2013 Q2
12 quarters
|
|
285
Vulcan Materials
VMC
$31.7B
| $129M | 0.07% |
1,071,379
-7,530
| -0.7% | -$853K |
2013 Q2
12 quarters
|
|
|
CXO
286
DELISTED
CONCHO RESOURCES INC.
CXO
| $126M | 0.07% |
1,058,361
+7,324
| +0.7% | +$850K |
2013 Q2
12 quarters
|
|
287
Moody's
MCO
$80.4B
| $126M | 0.07% |
1,344,714
-32,685
| -2% | -$3.16M |
2013 Q2
12 quarters
|
|
288
Cencora
COR
$61.8B
| $125M | 0.07% |
1,584,578
-109,437
| -6% | -$8.78M |
2013 Q2
12 quarters
|
|
289
Kimco Realty
KIM
$14.9B
| $125M | 0.07% |
3,981,840
-93,011
| -2% | -$2.68M |
2013 Q2
12 quarters
|
|
290
Church & Dwight Co
CHD
$23.3B
| $124M | 0.07% |
2,421,148
+80,196
| +3% | +$3.87M |
2013 Q2
12 quarters
|
|
|
NBL
291
DELISTED
Noble Energy, Inc.
NBL
| $124M | 0.07% |
3,473,261
-20,119
| -0.6% | -$707K |
2013 Q2
12 quarters
|
|
292
Dentsply Sirona
XRAY
$1.76B
| $124M | 0.07% |
2,005,008
-33,181
| -2% | -$2.04M |
2013 Q2
12 quarters
|
|
293
Agilent Technologies
A
$48.1B
| $124M | 0.07% |
2,792,529
-59,148
| -2% | -$2.55M |
2013 Q2
12 quarters
|
|
294
Micron Technology
MU
$1.16T
| $122M | 0.07% |
8,905,032
+203,979
| +2% | +$2.32M |
2013 Q2
12 quarters
|
|
|
LVLT
295
DELISTED
Level 3 Communications Inc
LVLT
| $121M | 0.07% |
2,363,568
-14,882
| -0.6% | -$778K |
2013 Q2
12 quarters
|
|
296
Williams Companies
WMB
$88.9B
| $121M | 0.07% |
5,607,192
+362,467
| +7% | +$7.28M |
2013 Q2
12 quarters
|
|
|
VIAB
297
DELISTED
Viacom Inc. Class B
VIAB
| $121M | 0.07% |
2,921,722
+13,587
| +0.5% | +$562K |
2013 Q2
12 quarters
|
|
298
Northern Trust
NTRS
$30.8B
| $121M | 0.07% |
1,827,400
-30,386
| -2% | -$2.12M |
2013 Q2
12 quarters
|
|
299
Fifth Third Bancorp
FITB
$45.9B
| $121M | 0.07% |
6,869,539
-111,810
| -2% | -$2.01M |
2013 Q2
12 quarters
|
|
300
Host Hotels & Resorts
HST
$15.5B
| $120M | 0.07% |
7,441,944
-343,346
| -4% | -$5.4M |
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.