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 | |
|---|---|---|---|---|---|---|---|
|
GSB
3701
DELISTED
GlobalSCAPE, Inc.
GSB
| $108K | ﹤0.01% |
29,423
| – | – |
2014 Q1
9 quarters
|
|
|
STLY
3702
DELISTED
Stanley Furniture Co Inc
STLY
| $108K | ﹤0.01% |
44,313
| – | – |
2013 Q2
12 quarters
|
|
3703
Anixa Biosciences
ANIX
$92.8M
| $107K | ﹤0.01% |
34,351
| – | – |
2015 Q3
3 quarters
|
|
3704
Alphatec Holdings
ATEC
$1.62B
| $107K | ﹤0.01% |
25,521
| – | – |
2013 Q2
12 quarters
|
|
3705
Perma-Pipe International
PPIH
$229M
| $107K | ﹤0.01% |
14,425
| – | – |
2013 Q2
12 quarters
|
|
3706
Precision Drilling
PDS
$1.08B
| $106K | ﹤0.01% |
+1,000
| New | +$94.7K |
2016 Q2
0 quarters
|
|
3707
Smith Micro Software
SMSI
$13.2M
| $106K | ﹤0.01% |
1,127
| – | – |
2013 Q2
12 quarters
|
|
3708
DELISTED
Vertex Energy, Inc
VTNR
| $106K | ﹤0.01% |
79,776
| – | – |
2014 Q1
9 quarters
|
|
|
TCON
3709
DELISTED
TRACON Pharmaceuticals, Inc. Common Stock
TCON
| $106K | ﹤0.01% |
122
| – | – |
2015 Q2
4 quarters
|
|
|
SRT
3710
DELISTED
Startek Inc.
SRT
| $106K | ﹤0.01% |
24,419
| – | – |
2013 Q2
12 quarters
|
|
|
TPLM
3711
DELISTED
Triangle Petroleum Corporation
TPLM
| $106K | ﹤0.01% |
371,147
-45,293
| -11% | -$17.2K |
2013 Q2
12 quarters
|
|
3712
Retractable Technologies
RVP
$17.2M
| $105K | ﹤0.01% |
41,762
| – | – |
2013 Q2
12 quarters
|
|
|
CCLP
3713
DELISTED
CSI Compressco LP
CCLP
| $105K | ﹤0.01% |
12,960
-3,677
| -22% | -$29.8K |
2016 Q1
1 quarter
|
|
|
BFYT
3714
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $105K | ﹤0.01% |
26,772
| – | – |
2013 Q2
12 quarters
|
|
3715
DELISTED
Windtree Therapeutics Inc
WINT
| $105K | ﹤0.01% |
54,531
| – | – |
2013 Q2
12 quarters
|
|
3716
Ideal Power
IPWR
$49M
| $104K | ﹤0.01% |
2,122
| – | – |
2014 Q1
9 quarters
|
|
3717
Imunon
IMNN
$5.72M
| $103K | ﹤0.01% |
30
| – | – |
2013 Q2
12 quarters
|
|
|
CNXR
3718
DELISTED
Connecture, Inc.
CNXR
| $103K | ﹤0.01% |
45,967
-4,940
| -10% | -$10.3K |
2015 Q1
5 quarters
|
|
3719
AIM ImmunoTech
AIM
$6.71M
| $103K | ﹤0.01% |
17
| – | – |
2013 Q2
12 quarters
|
|
3720
Tuniu
TOUR
$54.3M
| $102K | ﹤0.01% |
1,219
| – | – |
2016 Q1
1 quarter
|
|
3721
DELISTED
Seelos Therapeutics, Inc. Common Stock
SEEL
| – | – |
0
| – | – |
2013 Q2
12 quarters
|
|
|
BONT
3722
DELISTED
Bon-Ton Stores Inc/The
BONT
| $102K | ﹤0.01% |
72,615
| – | – |
2013 Q2
12 quarters
|
|
3723
Mizuho Financial
MFG
$123B
| $101K | ﹤0.01% |
35,596
+9,336
| +36% | +$28.1K |
2013 Q4
10 quarters
|
|
3724
Peraso
PRSO
$5.46M
| $101K | ﹤0.01% |
31
| – | – |
2013 Q2
12 quarters
|
|
|
AMRB
3725
DELISTED
American River Bankshares
AMRB
| $101K | ﹤0.01% |
10,005
| – | – |
2015 Q4
2 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.