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 | |
|---|---|---|---|---|---|---|---|
326
Perrigo
PRGO
$2.09B
| $105M | 0.06% |
1,162,421
-26,563
| -2% | -$2.75M |
2013 Q2
12 quarters
|
|
|
RHT
327
DELISTED
Red Hat Inc
RHT
| $105M | 0.06% |
1,448,376
-25,802
| -2% | -$1.93M |
2013 Q2
12 quarters
|
|
328
Expedia Group
EXPE
$32.9B
| $105M | 0.06% |
986,031
-6,700
| -0.7% | -$728K |
2013 Q2
12 quarters
|
|
329
Centene
CNC
$32.3B
| $105M | 0.06% |
2,937,024
-130,690
| -4% | -$4.1M |
2013 Q2
12 quarters
|
|
330
Ameren
AEE
$28.3B
| $104M | 0.06% |
1,952,537
-15,620
| -0.8% | -$768K |
2013 Q2
12 quarters
|
|
331
CMS Energy
CMS
$20.5B
| $104M | 0.06% |
2,266,123
-8,346
| -0.4% | -$351K |
2013 Q2
12 quarters
|
|
332
DELISTED
Marathon Oil Corporation
MRO
| $103M | 0.06% |
6,902,477
+965
| +0% | +$12.8K |
2013 Q2
12 quarters
|
|
|
TFCF
333
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $103M | 0.06% |
3,796,706
-30,946
| -0.8% | -$904K |
2013 Q3
11 quarters
|
|
|
LLTC
334
DELISTED
Linear Technology Corp
LLTC
| $103M | 0.06% |
2,215,333
+47,836
| +2% | +$2.19M |
2013 Q2
12 quarters
|
|
335
NOV
NOV
$6.76B
| $103M | 0.06% |
3,062,304
-12,135
| -0.4% | -$390K |
2013 Q2
12 quarters
|
|
336
Whirlpool
WHR
$1.88B
| $103M | 0.06% |
617,315
-12,416
| -2% | -$2.19M |
2013 Q2
12 quarters
|
|
337
Quest Diagnostics
DGX
$25.5B
| $102M | 0.06% |
1,258,857
-20,308
| -2% | -$1.55M |
2013 Q2
12 quarters
|
|
338
Chipotle Mexican Grill
CMG
$40B
| $102M | 0.06% |
12,723,050
-347,050
| -3% | -$3.02M |
2013 Q2
12 quarters
|
|
339
Universal Health Services
UHS
$10.5B
| $102M | 0.06% |
759,711
-2,980
| -0.4% | -$393K |
2013 Q2
12 quarters
|
|
340
Autodesk
ADSK
$49.2B
| $101M | 0.05% |
1,863,681
-20,660
| -1% | -$1.2M |
2013 Q2
12 quarters
|
|
341
Advance Auto Parts
AAP
$2.55B
| $100M | 0.05% |
622,104
+37,448
| +6% | +$5.78M |
2013 Q2
12 quarters
|
|
342
Motorola Solutions
MSI
$73.5B
| $100M | 0.05% |
1,518,896
-19,078
| -1% | -$1.36M |
2013 Q2
12 quarters
|
|
343
Alcoa
AA
$11.1B
| $99.4M | 0.05% |
4,469,123
+7,944
| +0.2% | +$186K |
2013 Q2
12 quarters
|
|
344
C.H. Robinson
CHRW
$16.6B
| $99.1M | 0.05% |
1,337,215
+75,398
| +6% | +$5.51M |
2013 Q2
12 quarters
|
|
345
SL Green Realty
SLG
$3.43B
| $98.8M | 0.05% |
960,549
-45,532
| -5% | -$4.48M |
2013 Q2
12 quarters
|
|
346
Ball Corp
BALL
$15.5B
| $98.8M | 0.05% |
2,736,976
+479,502
| +21% | +$17.4M |
2013 Q2
12 quarters
|
|
347
Waters Corp
WAT
$42.6B
| $98.2M | 0.05% |
699,681
+10,907
| +2% | +$1.48M |
2013 Q2
12 quarters
|
|
|
COL
348
DELISTED
Rockwell Collins
COL
| $97.1M | 0.05% |
1,142,226
+6,285
| +0.6% | +$561K |
2013 Q2
12 quarters
|
|
349
UDR
UDR
$11B
| $96.5M | 0.05% |
2,616,855
-88,028
| -3% | -$3.15M |
2013 Q2
12 quarters
|
|
350
Martin Marietta Materials
MLM
$34B
| $96.3M | 0.05% |
502,523
-31,061
| -6% | -$5.56M |
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.