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 |
GE Aerospace
GE
|
+$72.2M |
| 2 |
Microsoft
MSFT
|
+$66.1M |
| 3 |
Under Armour
UAA
|
+$63.2M |
| 4 |
ExxonMobil
XOM
|
+$51.6M |
| 5 |
WCN
Waste Connections
WCN
|
+$51.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.47% |
| 2 | Technology | 14.08% |
| 3 | Financials | 13.83% |
| 4 | Industrials | 10.22% |
| 5 | Consumer Discretionary | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
CBRE Group
CBRE
$43.8B
| $61M | 0.03% |
2,307,858
-18,634
| -0.8% | -$545K |
|
477
Baidu
BIDU
$37.7B
| $60.9M | 0.03% |
369,647
+192,920
| +109% | +$33.9M |
|
|
FRC
478
DELISTED
First Republic Bank
FRC
| $60.6M | 0.03% |
866,614
-23,421
| -3% | -$1.62M |
|
479
Qorvo
QRVO
$8.4B
| $60.5M | 0.03% |
1,096,917
+17,048
| +2% | +$852K |
|
480
Jefferies Financial Group
JEF
$13B
| $60.2M | 0.03% |
3,884,486
-215,273
| -5% | -$3.29M |
|
481
Seagate
STX
$190B
| $60.1M | 0.03% |
2,471,984
+42,383
| +2% | +$1.03M |
|
482
Leggett & Platt
LEG
$1.4B
| $60M | 0.03% |
1,176,062
+91,084
| +8% | +$4.49M |
|
483
Goodyear
GT
$1.99B
| $59.9M | 0.03% |
2,337,335
-217,210
| -9% | -$6.23M |
|
484
Avery Dennison
AVY
$13.4B
| $59.9M | 0.03% |
801,993
+45,136
| +6% | +$3.35M |
|
485
Bunge Global
BG
$20.5B
| $59.2M | 0.03% |
1,001,166
-9,327
| -0.9% | -$571K |
|
486
Camden Property Trust
CPT
$11.1B
| $59.2M | 0.03% |
669,581
-16,761
| -2% | -$1.4M |
|
487
BorgWarner
BWA
$13.7B
| $59M | 0.03% |
2,273,765
-61,570
| -3% | -$1.86M |
|
488
Helmerich & Payne
HP
$3.33B
| $58.6M | 0.03% |
874,358
-52,788
| -6% | -$3.26M |
|
|
ANSS
489
DELISTED
Ansys
ANSS
| $58.5M | 0.03% |
645,263
+40,399
| +7% | +$3.57M |
|
490
lululemon athletica
LULU
$14B
| $58.3M | 0.03% |
789,843
+24,023
| +3% | +$1.59M |
|
|
DISCK
491
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $58.3M | 0.03% |
2,448,386
+112,264
| +5% | +$2.96M |
|
492
Globe Life
GL
$14.3B
| $58.3M | 0.03% |
944,286
-11,730
| -1% | -$685K |
|
493
Lear
LEA
$6.18B
| $58.2M | 0.03% |
572,018
+52,833
| +10% | +$5.94M |
|
|
TIF
494
DELISTED
Tiffany & Co.
TIF
| $58.1M | 0.03% |
959,857
+13,623
| +1% | +$905K |
|
|
CMA
495
DELISTED
Comerica
CMA
| $57.9M | 0.03% |
1,411,330
-11,307
| -0.8% | -$482K |
|
|
496
Under Armour
UAA
$2.88B
| $57.9M | 0.03% |
1,445,158
-1,582,056
| -52% | -$63.2M |
|
|
Y
497
DELISTED
Alleghany Corp
Y
| $57.8M | 0.03% |
105,153
+2,366
| +2% | +$1.23M |
|
|
ETFC
498
DELISTED
E*Trade Financial Corporation
ETFC
| $57.8M | 0.03% |
2,462,801
-40,463
| -2% | -$1.03M |
|
499
Broadridge
BR
$18.9B
| $57.5M | 0.03% |
882,764
+164,576
| +23% | +$10.2M |
|
|
SPLS
500
DELISTED
Staples Inc
SPLS
| $57.4M | 0.03% |
6,673,493
+782,479
| +13% | +$7.45M |
|
Similar funds
Geode Capital Management's Q2 2016 Portfolio in Review
As of Q2 2016, Geode Capital Management held 4,187 positions worth $184B, up 97,477% from $188M the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q2 2016 filing shows 96 new, 2,386 increased, 984 reduced and 127 closed positions. Its largest new stake was S&P Global: 2,009,728 shares worth $215M. The largest sale was GE Aerospace, an estimated $72.2M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Financials.
- 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 $7.53M.
- 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 rose 97,477% quarter-over-quarter to $184B.
Based on Geode Capital Management's 13F filing for Q2 2016, filed 12 Aug 2016.