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 | |
|---|---|---|---|---|---|---|---|
|
IDSA
3926
DELISTED
Industrial Services of America
IDSA
| $26K | ﹤0.01% |
15,157
| – | – |
2013 Q2
12 quarters
|
|
3927
Genco Shipping & Trading
GNK
$1.09B
| $25K | ﹤0.01% |
4,392
| – | – |
2015 Q3
3 quarters
|
|
3928
Nuwellis
NUWE
$1.76M
| – | – |
0
| – | – |
2014 Q3
7 quarters
|
|
3929
XMAX Inc
XMAX
$546M
| $25K | ﹤0.01% |
2,455
| – | – |
2014 Q1
9 quarters
|
|
3930
United Microelectronic
UMC
$52.5B
| $25K | ﹤0.01% |
12,866
| – | – |
2013 Q2
12 quarters
|
|
|
CDTI
3931
DELISTED
CDTI Advanced Materials, Inc. Common Stock
CDTI
| $25K | ﹤0.01% |
3,034
| – | – |
2013 Q2
12 quarters
|
|
|
WCST
3932
DELISTED
Wecast Network, Inc. Common Stock
WCST
| $25K | ﹤0.01% |
15,827
| – | – |
2015 Q4
2 quarters
|
|
|
RIBT
3933
DELISTED
RiceBran Technologies
RIBT
| $25K | ﹤0.01% |
1,564
| – | – |
2014 Q3
7 quarters
|
|
|
TIO
3934
DELISTED
Tingo Group, Inc. Common Stock
TIO
| $25K | ﹤0.01% |
11,589
| – | – |
2013 Q2
12 quarters
|
|
3935
Atossa Therapeutics
ATOS
$26.4M
| $24K | ﹤0.01% |
32
| – | – |
2013 Q3
11 quarters
|
|
3936
Navios Maritime Partners
NMM
$2.58B
| $23K | ﹤0.01% |
1,210
-4,024
| -77% | -$86.5K |
2016 Q1
1 quarter
|
|
|
TURN
3937
DELISTED
180 Degree Capital
TURN
| $23K | ﹤0.01% |
4,910
| – | – |
2015 Q1
5 quarters
|
|
|
TLOG
3938
DELISTED
TetraLogic Pharmaceuticals Corporation
TLOG
| $23K | ﹤0.01% |
76,678
| – | – |
2014 Q1
9 quarters
|
|
|
PGH
3939
DELISTED
Pengrowth Energy Corporation
PGH
| $23K | ﹤0.01% |
12,932
-175,641
| -93% | -$286K |
2015 Q4
2 quarters
|
|
3940
Forward Industries Inc
FWDI
$545M
| $22K | ﹤0.01% |
1,882
| – | – |
2013 Q2
12 quarters
|
|
3941
UTStarcom
UTSI
$22.2M
| $22K | ﹤0.01% |
2,981
| – | – |
2015 Q1
5 quarters
|
|
|
EAC
3942
DELISTED
Erickson Incorporated
EAC
| $22K | ﹤0.01% |
36,646
| – | – |
2013 Q2
12 quarters
|
|
|
EGT
3943
DELISTED
Entertainment Gaming Asia Inc.
EGT
| $22K | ﹤0.01% |
12,537
| – | – |
2015 Q2
4 quarters
|
|
3944
Barnwell Industries
BRN
$13M
| $21K | ﹤0.01% |
14,145
| – | – |
2013 Q2
12 quarters
|
|
|
AEY
3945
DELISTED
ADDvantage Technologies Group
AEY
| $21K | ﹤0.01% |
1,193
| – | – |
2013 Q2
12 quarters
|
|
|
IPCI
3946
DELISTED
Intellipharmaceuticals International Inc.
IPCI
| $21K | ﹤0.01% |
+1,376
| New | +$25.1K |
2016 Q2
0 quarters
|
|
|
ADGE
3947
DELISTED
American Dg Energy Inc
ADGE
| $21K | ﹤0.01% |
91,665
| – | – |
2013 Q2
12 quarters
|
|
|
IKGH
3948
DELISTED
Iao Kun Group Holding Company Limited
IKGH
| $21K | ﹤0.01% |
19,905
| – | – |
2014 Q1
9 quarters
|
|
3949
DSS Inc
DSS
$6.06M
| $20K | ﹤0.01% |
46
| – | – |
2013 Q2
12 quarters
|
|
3950
Palvella Therapeutics
PVLA
$1.83B
| $20K | ﹤0.01% |
161
| – | – |
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.