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 | |
|---|---|---|---|---|---|---|---|
3901
Big Sky Industrial
BSIN
$74M
| $33K | ﹤0.01% |
1,977
| – | – |
2013 Q2
12 quarters
|
|
3902
DELISTED
Perfumania Holdings, Inc.
PERF
| $33K | ﹤0.01% |
13,908
| – | – |
2013 Q2
12 quarters
|
|
3903
Gulf Resources
GURE
$5.44M
| $32K | ﹤0.01% |
426
-94
| -18% | -$7.19K |
2015 Q1
5 quarters
|
|
|
GBSN
3904
DELISTED
GREAT BASIN SCIENTIFIC INC COM PAR $.0001 NEW
GBSN
| $32K | ﹤0.01% |
+230
| New | +$47.8K |
2016 Q2
0 quarters
|
|
|
NEPT
3905
DELISTED
Neptune Wellness Solutions Inc. Ordinary Shares
NEPT
| $31K | ﹤0.01% |
21
| – | – |
2014 Q3
7 quarters
|
|
|
DDE
3906
DELISTED
Dover Downs Gaming & Entertain
DDE
| $31K | ﹤0.01% |
30,139
| – | – |
2013 Q2
12 quarters
|
|
|
FNCX
3907
DELISTED
Function(x) Inc.
FNCX
| $31K | ﹤0.01% |
5,546
| – | – |
2014 Q3
7 quarters
|
|
|
DRYS
3908
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
2013 Q2
12 quarters
|
|
3909
DELISTED
Affimed
AFMD
| $30K | ﹤0.01% |
1,227
-1,693
| -58% | -$61.9K |
2015 Q2
4 quarters
|
|
3910
Abundia Global Impact Group
AGIG
$37.8M
| $30K | ﹤0.01% |
1,082
| – | – |
2013 Q2
12 quarters
|
|
3911
Lightbridge
LTBR
$191M
| $30K | ﹤0.01% |
1,110
| – | – |
2013 Q2
12 quarters
|
|
3912
DELISTED
Tellurian Inc.
TELL
| $30K | ﹤0.01% |
26,001
| – | – |
2013 Q2
12 quarters
|
|
|
YUMA
3913
DELISTED
Yuma Energy Inc
YUMA
| $30K | ﹤0.01% |
354
| – | – |
2014 Q3
7 quarters
|
|
|
BSTG
3914
DELISTED
Biostage, Inc. Common Stock
BSTG
| $30K | ﹤0.01% |
27,191
| – | – |
2013 Q4
10 quarters
|
|
3915
Stabilis Solutions
SLNG
$85.5M
| $29K | ﹤0.01% |
1,450
| – | – |
2014 Q1
9 quarters
|
|
3916
Taoping
TAOP
$3.29M
| $29K | ﹤0.01% |
14
| – | – |
2015 Q2
4 quarters
|
|
3917
United States Antimony
UAMY
$452M
| $29K | ﹤0.01% |
139,769
| – | – |
2013 Q2
12 quarters
|
|
3918
DELISTED
Yield10 Bioscience, Inc. Common Stock
YTEN
| $29K | ﹤0.01% |
4
| – | – |
2013 Q2
12 quarters
|
|
|
PIOI
3919
DELISTED
Active Power Inc
PIOI
| $29K | ﹤0.01% |
75,138
| – | – |
2013 Q2
12 quarters
|
|
|
SOL
3920
DELISTED
Emeren Group
SOL
| $28K | ﹤0.01% |
+4,565
| New | +$30.1K |
2016 Q2
0 quarters
|
|
3921
Armata Pharmaceuticals
ARMP
$122M
| $27K | ﹤0.01% |
126
| – | – |
2015 Q3
3 quarters
|
|
3922
Emerson Radio
MSN
$7.24M
| $27K | ﹤0.01% |
48,121
| – | – |
2013 Q2
12 quarters
|
|
3923
DELISTED
Green Giant Inc. Common Stock
GGE
| $27K | ﹤0.01% |
7,567
| – | – |
2014 Q4
6 quarters
|
|
3924
Optical Cable Corp
OCC
$122M
| $26K | ﹤0.01% |
12,030
| – | – |
2013 Q2
12 quarters
|
|
|
SRRA
3925
DELISTED
Sierra Oncology, Inc. Common Stock
SRRA
| $26K | ﹤0.01% |
328
| – | – |
2015 Q3
3 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.