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 | |
|---|---|---|---|---|---|---|---|
451
PVH
PVH
$3.77B
| $66.1M | 0.04% |
702,697
-109,993
| -14% | -$10.3M |
2013 Q2
12 quarters
|
|
452
TripAdvisor
TRIP
$1.02B
| $65.6M | 0.04% |
1,022,580
+62,540
| +7% | +$4.05M |
2013 Q2
12 quarters
|
|
|
MXIM
453
DELISTED
Maxim Integrated Products
MXIM
| $65.4M | 0.04% |
1,834,371
+3,543
| +0.2% | +$130K |
2013 Q2
12 quarters
|
|
454
Amdocs
DOX
$6.14B
| $65.1M | 0.04% |
1,127,504
-4,657
| -0.4% | -$267K |
2013 Q2
12 quarters
|
|
455
Xylem
XYL
$24B
| $64.9M | 0.04% |
1,455,764
-28,886
| -2% | -$1.26M |
2013 Q2
12 quarters
|
|
456
Fidelity National Financial
FNF
$10.5B
| $64.9M | 0.04% |
2,493,309
-63,532
| -2% | -$1.5M |
2013 Q2
12 quarters
|
|
457
JB Hunt Transport Services
JBHT
$21.5B
| $64.9M | 0.04% |
802,743
+8,669
| +1% | +$715K |
2013 Q2
12 quarters
|
|
|
MDVN
458
DELISTED
MEDIVATION, INC.
MDVN
| $64.8M | 0.04% |
1,075,812
+52,261
| +5% | +$2.96M |
2013 Q2
12 quarters
|
|
459
Aimco
AIV
$256M
| $64.8M | 0.04% |
11,034,289
-535,836
| -5% | -$2.97M |
2013 Q2
12 quarters
|
|
460
Nasdaq
NDAQ
$52.7B
| $64.5M | 0.04% |
2,997,972
-40,899
| -1% | -$874K |
2013 Q2
12 quarters
|
|
461
Travel + Leisure Co
TNL
$3.8B
| $64.4M | 0.04% |
2,004,887
-45,133
| -2% | -$1.44M |
2013 Q2
12 quarters
|
|
462
Range Resources
RRC
$9.68B
| $64.3M | 0.04% |
1,492,845
+111,627
| +8% | +$4.57M |
2013 Q2
12 quarters
|
|
463
Regency Centers
REG
$13.1B
| $64.3M | 0.03% |
767,773
+26,834
| +4% | +$2.06M |
2013 Q2
12 quarters
|
|
464
NetApp
NTAP
$47B
| $64M | 0.03% |
2,605,388
-176,100
| -6% | -$4.34M |
2013 Q2
12 quarters
|
|
465
Affiliated Managers Group
AMG
$9.87B
| $63.7M | 0.03% |
453,564
+13,845
| +3% | +$2.27M |
2013 Q2
12 quarters
|
|
|
TWTR
466
DELISTED
Twitter, Inc.
TWTR
| $62.9M | 0.03% |
3,719,157
+252,808
| +7% | +$3.95M |
2013 Q4
10 quarters
|
|
|
CDK
467
DELISTED
CDK Global, Inc.
CDK
| $62.2M | 0.03% |
1,121,392
+104,667
| +10% | +$5.41M |
2014 Q4
6 quarters
|
|
468
Wynn Resorts
WYNN
$7.72B
| $61.9M | 0.03% |
683,803
-1,505
| -0.2% | -$143K |
2013 Q2
12 quarters
|
|
469
ServiceNow
NOW
$145B
| $61.8M | 0.03% |
4,652,670
+263,040
| +6% | +$3.66M |
2013 Q2
12 quarters
|
|
470
Alaska Air
ALK
$4.25B
| $61.7M | 0.03% |
1,060,256
+240,828
| +29% | +$16.6M |
2013 Q2
12 quarters
|
|
471
Darden Restaurants
DRI
$22.6B
| $61.6M | 0.03% |
974,897
-67,380
| -6% | -$4.41M |
2013 Q2
12 quarters
|
|
472
Mid-America Apartment Communities
MAA
$13.5B
| $61.5M | 0.03% |
578,616
-7,360
| -1% | -$739K |
2013 Q2
12 quarters
|
|
473
Huntington Bancshares
HBAN
$31.1B
| $61.5M | 0.03% |
6,890,701
-4,701
| -0.1% | -$46.2K |
2013 Q2
12 quarters
|
|
474
Celanese
CE
$4.89B
| $61.1M | 0.03% |
934,645
+36,056
| +4% | +$2.51M |
2013 Q2
12 quarters
|
|
475
Unum
UNM
$14.6B
| $61.1M | 0.03% |
1,926,584
-28,207
| -1% | -$954K |
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.