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 | |
|---|---|---|---|---|---|---|---|
|
HBP
3676
DELISTED
Huttig Building Products, Inc.
HBP
| $119K | ﹤0.01% |
+22,756
| New | +$108K |
2016 Q2
0 quarters
|
|
|
ARLZ
3677
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $119K | ﹤0.01% |
36,144
-41,106
| -53% | -$155K |
2016 Q1
1 quarter
|
|
3678
Veru
VERU
$39.2M
| $117K | ﹤0.01% |
9,326
| – | – |
2013 Q2
12 quarters
|
|
|
TST
3679
DELISTED
TheStreet, Inc.
TST
| $117K | ﹤0.01% |
10,375
| – | – |
2013 Q2
12 quarters
|
|
|
HGG
3680
DELISTED
hhgregg Inc.
HGG
| $117K | ﹤0.01% |
66,396
| – | – |
2013 Q2
12 quarters
|
|
3681
DELISTED
Golden Ocean Group
GOGL
| $116K | ﹤0.01% |
35,018
+20,500
| +141% | +$77.7K |
2015 Q3
3 quarters
|
|
3682
aTyr Pharma
ATYR
$17.1M
| $116K | ﹤0.01% |
2,994
-359
| -11% | -$16.7K |
2015 Q3
3 quarters
|
|
3683
DELISTED
Key Technology Inc
KTEC
| $116K | ﹤0.01% |
12,659
| – | – |
2013 Q2
12 quarters
|
|
|
FCFP
3684
DELISTED
FIRST COMMUNITY FINANCIAL PARTNERS INC.
FCFP
| $116K | ﹤0.01% |
+13,271
| New | +$118K |
2016 Q2
0 quarters
|
|
3685
DELISTED
Dominion Diamond Corporation
DDC
| $116K | ﹤0.01% |
13,200
-34,080
| -72% | -$364K |
2015 Q3
3 quarters
|
|
3686
Nomura Holdings
NMR
$27B
| $115K | ﹤0.01% |
33,027
+5,391
| +20% | +$22.5K |
2013 Q2
12 quarters
|
|
|
PTE
3687
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $115K | ﹤0.01% |
1,105
| – | – |
2014 Q2
8 quarters
|
|
|
OCRX
3688
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $115K | ﹤0.01% |
60,638
| – | – |
2014 Q3
7 quarters
|
|
3689
iShares Global Clean Energy ETF
ICLN
$2.11B
| – | – |
0
| – | – |
2016 Q2
0 quarters
|
|
|
IMI
3690
DELISTED
Intermolecular, Inc.
IMI
| $114K | ﹤0.01% |
77,331
| – | – |
2013 Q2
12 quarters
|
|
|
VNR
3691
DELISTED
Vanguard Natural Resources, LLC
VNR
| $113K | ﹤0.01% |
81,294
+27,476
| +51% | +$41.6K |
2013 Q2
12 quarters
|
|
|
DTRM
3692
DELISTED
Determine, Inc. Common Stock
DTRM
| $112K | ﹤0.01% |
74,013
| – | – |
2014 Q3
7 quarters
|
|
3693
XWELL
XWEL
$7.32M
| $111K | ﹤0.01% |
+49
| New | +$114K |
2016 Q2
0 quarters
|
|
|
UQM
3694
DELISTED
UQM Technologies, Inc.
UQM
| $111K | ﹤0.01% |
176,536
| – | – |
2013 Q2
12 quarters
|
|
|
MXPT
3695
DELISTED
MaxPoint Interactive, Inc.
MXPT
| $111K | ﹤0.01% |
10,329
-1,216
| -11% | -$10.9K |
2015 Q2
4 quarters
|
|
3696
Oaktree Specialty Lending
OCSL
$1.02B
| $110K | ﹤0.01% |
7,626
-767
| -9% | -$11.7K |
2016 Q1
1 quarter
|
|
|
DVCR
3697
DELISTED
Diversicare Healthcare Services Inc
DVCR
| $110K | ﹤0.01% |
13,755
| – | – |
2013 Q2
12 quarters
|
|
3698
DELISTED
Bebe Stores Inc
BEBE
| $109K | ﹤0.01% |
21,682
-2,435
| -10% | -$11.8K |
2013 Q2
12 quarters
|
|
3699
DELISTED
Evoke Pharma
EVOK
| $108K | ﹤0.01% |
110
| – | – |
2014 Q1
9 quarters
|
|
|
ALJJ
3700
DELISTED
ALJ Regional Holdings Inc
ALJJ
| $108K | ﹤0.01% |
+21,764
| New | +$97K |
2016 Q2
0 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.