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 | |
|---|---|---|---|---|---|---|---|
3851
Full House Resorts
FLL
$40.3M
| $49K | ﹤0.01% |
24,413
| – | – |
2013 Q2
12 quarters
|
|
|
BINI
3852
DELISTED
Bollinger Innovations
BINI
| – | – |
0
| – | – |
2016 Q2
0 quarters
|
|
3853
Arcos Dorados Holdings
ARCO
$1.68B
| $48K | ﹤0.01% |
+10,427
| New | +$44.3K |
2016 Q2
0 quarters
|
|
3854
DELISTED
Enservco Corp.
ENSV
| $48K | ﹤0.01% |
5,183
| – | – |
2014 Q2
8 quarters
|
|
3855
DELISTED
Legacy Reserves Inc. Common Stock
LGCY
| $48K | ﹤0.01% |
29,900
+7,491
| +33% | +$15.9K |
2013 Q2
12 quarters
|
|
3856
StealthGas
GASS
$324M
| $47K | ﹤0.01% |
12,561
| – | – |
2015 Q1
5 quarters
|
|
|
NYMX
3857
DELISTED
Nymox Pharmaceutical Corp
NYMX
| $47K | ﹤0.01% |
14,231
| – | – |
2015 Q4
2 quarters
|
|
|
STAB
3858
DELISTED
Statera Biopharma, Inc. Common Stock
STAB
| $47K | ﹤0.01% |
16,688
| – | – |
2015 Q3
3 quarters
|
|
|
TGA
3859
DELISTED
Transglobe Energy Corp
TGA
| $47K | ﹤0.01% |
25,690
| – | – |
2013 Q2
12 quarters
|
|
|
TWER
3860
DELISTED
Towerstream Corporation Common Stock
TWER
| $47K | ﹤0.01% |
14,043
| – | – |
2013 Q2
12 quarters
|
|
3861
Sypris Solutions
SYPR
$41.4M
| $46K | ﹤0.01% |
54,431
| – | – |
2013 Q2
12 quarters
|
|
3862
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $46K | ﹤0.01% |
421
| – | – |
2015 Q3
3 quarters
|
|
|
RLOG
3863
DELISTED
Rand Logistics, Inc.
RLOG
| $46K | ﹤0.01% |
45,574
| – | – |
2013 Q2
12 quarters
|
|
|
GFN
3864
DELISTED
General Finance Corporation
GFN
| $46K | ﹤0.01% |
10,949
| – | – |
2015 Q4
2 quarters
|
|
3865
China Automotive Systems
CAAS
$137M
| $45K | ﹤0.01% |
14,219
| – | – |
2015 Q1
5 quarters
|
|
3866
DELISTED
CASI Pharmaceuticals
CASI
| $45K | ﹤0.01% |
3,870
| – | – |
2014 Q3
7 quarters
|
|
3867
Oragenics
OGEN
$1.99M
| $45K | ﹤0.01% |
5
| – | – |
2013 Q2
12 quarters
|
|
3868
AmeriServ Financial
ASRV
$78.4M
| $44K | ﹤0.01% |
14,728
| – | – |
2013 Q2
12 quarters
|
|
3869
DELISTED
KalVista Pharmaceuticals
KALV
| $44K | ﹤0.01% |
4,787
-724
| -13% | -$8.38K |
2015 Q3
3 quarters
|
|
3870
EDAP TMS S.A.
FOCL
$199M
| $43K | ﹤0.01% |
13,214
| – | – |
2015 Q4
2 quarters
|
|
3871
Kamada
KMDA
$447M
| $43K | ﹤0.01% |
11,897
| – | – |
2015 Q1
5 quarters
|
|
3872
RF Industries
RFIL
$76.7M
| $43K | ﹤0.01% |
19,760
| – | – |
2013 Q2
12 quarters
|
|
|
CFRX
3873
DELISTED
ContraFect Corporation
CFRX
| $43K | ﹤0.01% |
+19
| New | +$48.2K |
2016 Q2
0 quarters
|
|
|
ERB
3874
DELISTED
ERBA DIAGNOSTICS
ERB
| $43K | ﹤0.01% |
54,497
| – | – |
2013 Q2
12 quarters
|
|
|
ESNC
3875
DELISTED
EnSync Inc
ESNC
| $43K | ﹤0.01% |
116,581
| – | – |
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.