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 | |
|---|---|---|---|---|---|---|---|
|
FSNN
3751
DELISTED
Fusion Connect, Inc. Common Stock
FSNN
| $88K | ﹤0.01% |
32,097
| – | – |
2015 Q3
3 quarters
|
|
|
GNVC
3752
DELISTED
GenVec, Inc.
GNVC
| $88K | ﹤0.01% |
15,532
| – | – |
2013 Q2
12 quarters
|
|
3753
Yueda Digital Holding
YDKG
$4.65M
| $87K | ﹤0.01% |
13
+5
| +63% | +$46.8K |
2015 Q3
3 quarters
|
|
3754
Astrotech Corp
ASTC
$10.4M
| $87K | ﹤0.01% |
345
| – | – |
2013 Q2
12 quarters
|
|
|
QBAK
3755
DELISTED
Qualstar Corp
QBAK
| $87K | ﹤0.01% |
25,985
| – | – |
2015 Q3
3 quarters
|
|
3756
Ballard Power Systems
BLDP
$551M
| $86K | ﹤0.01% |
69,146
| – | – |
2013 Q2
12 quarters
|
|
|
ICLD
3757
DELISTED
INTERCLOUD SYSTEMS, INC. COMMON STOCK
ICLD
| $86K | ﹤0.01% |
124,153
| – | – |
2013 Q4
10 quarters
|
|
|
JMEI
3758
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $85K | ﹤0.01% |
+2,059
| New | +$113K |
2016 Q2
0 quarters
|
|
|
TRNX
3759
DELISTED
Taronis Technologies, Inc. Common Stock
TRNX
| $85K | ﹤0.01% |
10
| – | – |
2014 Q1
9 quarters
|
|
|
ENZY
3760
DELISTED
Enzymotec Ltd
ENZY
| $84K | ﹤0.01% |
10,140
-2,500
| -20% | -$20.7K |
2016 Q1
1 quarter
|
|
|
ADAP
3761
DELISTED
Adaptimmune Therapeutics
ADAP
| $83K | ﹤0.01% |
+10,273
| New | +$96.7K |
2016 Q2
0 quarters
|
|
|
PZE
3762
DELISTED
Petrobras Argentina S A
PZE
| $83K | ﹤0.01% |
+13,217
| New | +$83.8K |
2016 Q2
0 quarters
|
|
|
TEAR
3763
DELISTED
TearLab Corporation
TEAR
| $83K | ﹤0.01% |
12,974
| – | – |
2013 Q2
12 quarters
|
|
|
EMMS
3764
DELISTED
Emmis Communications Corp
EMMS
| $83K | ﹤0.01% |
30,656
| – | – |
2013 Q2
12 quarters
|
|
3765
DRDGold
DRD
$2.18B
| $82K | ﹤0.01% |
13,957
-10,318
| -43% | -$51K |
2016 Q1
1 quarter
|
|
|
VYNT
3766
DELISTED
Vyant Bio, Inc. Common Stock
VYNT
| $82K | ﹤0.01% |
275
| – | – |
2013 Q3
11 quarters
|
|
|
ZYNE
3767
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $81K | ﹤0.01% |
11,876
-2,953
| -20% | -$24.7K |
2015 Q3
3 quarters
|
|
3768
Star Bulk Carriers
SBLK
$3.23B
| $80K | ﹤0.01% |
27,348
-1
| -0% | -$4 |
2014 Q3
7 quarters
|
|
|
RBCN
3769
DELISTED
Rubicon Technology, Inc.
RBCN
| $80K | ﹤0.01% |
11,867
| – | – |
2013 Q2
12 quarters
|
|
|
TAT
3770
DELISTED
TransAtlantic Petroleum LTD.
TAT
| $80K | ﹤0.01% |
97,946
-21,118
| -18% | -$18.4K |
2013 Q4
10 quarters
|
|
3771
Aegon
AEG
$12.3B
| $79K | ﹤0.01% |
+26,651
| New | +$100K |
2016 Q2
0 quarters
|
|
3772
Gilat Satellite Networks
GILT
$603M
| $79K | ﹤0.01% |
18,388
| – | – |
2014 Q3
7 quarters
|
|
|
PRSS
3773
DELISTED
CafePress Inc.
PRSS
| $79K | ﹤0.01% |
25,556
| – | – |
2013 Q2
12 quarters
|
|
3774
Allot
ALLT
$445M
| $78K | ﹤0.01% |
16,041
-7,989
| -33% | -$40K |
2015 Q1
5 quarters
|
|
3775
DELISTED
United Security Bancshares
UBFO
| $78K | ﹤0.01% |
12,773
| – | – |
2013 Q4
10 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.