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 | |
|---|---|---|---|---|---|---|
3001
Home Bancorp
HBCP
$566M
| $693K | ﹤0.01% |
25,262
+5,617
| +29% | +$154K |
|
|
NVTA
3002
DELISTED
Invitae Corporation
NVTA
| $686K | ﹤0.01% |
92,931
+10,595
| +13% | +$98.8K |
|
|
APLP
3003
DELISTED
Archrock Partners, L.P. Common Units representing Limited Partner Interests
APLP
| $685K | ﹤0.01% |
50,671
+25,432
| +101% | +$327K |
|
3004
AB InBev
BUD
$165B
| $684K | ﹤0.01% |
5,197
+16
| +0.3% | +$2.01K |
|
|
CLD
3005
DELISTED
Cloud Peak Energy Inc
CLD
| $683K | ﹤0.01% |
331,889
-63,083
| -16% | -$129K |
|
|
NAME
3006
DELISTED
Rightside Group, Ltd.
NAME
| $681K | ﹤0.01% |
64,006
+11,351
| +22% | +$102K |
|
3007
Primis Financial Corp
FRST
$404M
| $680K | ﹤0.01% |
56,032
+26,171
| +88% | +$319K |
|
3008
iRadimed
IRMD
$1.18B
| $680K | ﹤0.01% |
31,268
+3,261
| +12% | +$58.7K |
|
3009
ACNB Corp
ACNB
$655M
| $676K | ﹤0.01% |
26,940
+9,283
| +53% | +$216K |
|
3010
Orrstown Financial Services
ORRF
$838M
| $676K | ﹤0.01% |
37,454
+7,223
| +24% | +$133K |
|
3011
Daily Journal
DJCO
$778M
| $675K | ﹤0.01% |
2,849
+85
| +3% | +$17.2K |
|
|
LSBG
3012
DELISTED
Lake Sunapee Bank Group
LSBG
| $675K | ﹤0.01% |
39,466
+17,962
| +84% | +$279K |
|
|
SGF
3013
DELISTED
Aberdeen Singapore Fund
SGF
| – | – |
0
| – | – |
|
3014
Lloyds Banking Group
LYG
$91.3B
| $672K | ﹤0.01% |
226,483
-41,199
| -15% | -$161K |
|
|
AGRX
3015
DELISTED
Agile Therapeutics
AGRX
| $671K | ﹤0.01% |
44
+2
| +5% | +$27.4K |
|
|
APEX
3016
DELISTED
Apex Global Brands Inc. Common Stock
APEX
| $668K | ﹤0.01% |
2,006
-311
| -13% | -$137K |
|
|
KEM
3017
DELISTED
KEMET Corporation
KEM
| $668K | ﹤0.01% |
228,039
| – | – |
|
3018
Provident Financial
PROV
$112M
| $667K | ﹤0.01% |
36,498
+7,733
| +27% | +$138K |
|
|
MBRG
3019
DELISTED
Middleburg Financial Corp
MBRG
| $665K | ﹤0.01% |
24,453
+6,881
| +39% | +$183K |
|
|
GIG
3020
DELISTED
GigPeak, Inc.
GIG
| $665K | ﹤0.01% |
339,539
+144,278
| +74% | +$359K |
|
|
NMRX
3021
DELISTED
Numerex Corp
NMRX
| $665K | ﹤0.01% |
88,795
+13,506
| +18% | +$99K |
|
|
CCXI
3022
DELISTED
ChemoCentryx, Inc.
CCXI
| $664K | ﹤0.01% |
147,922
-5,264
| -3% | -$19.8K |
|
|
CBMG
3023
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $664K | ﹤0.01% |
55,422
+3,170
| +6% | +$50.9K |
|
|
CAJ
3024
DELISTED
Canon, Inc.
CAJ
| $661K | ﹤0.01% |
23,129
-10,339
| -31% | -$298K |
|
3025
Information Services Group
III
$248M
| $658K | ﹤0.01% |
175,536
+30,336
| +21% | +$120K |
|
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.