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 | |
|---|---|---|---|---|---|---|
|
VER
501
DELISTED
VEREIT, Inc.
VER
| $57.2M | 0.03% |
1,128,638
+27,247
| +2% | +$1.28M |
|
502
Alexandria Real Estate Equities
ARE
$8.73B
| $57.1M | 0.03% |
551,635
-13,201
| -2% | -$1.26M |
|
503
Palo Alto Networks
PANW
$296B
| $57.1M | 0.03% |
2,794,056
+227,070
| +9% | +$5.26M |
|
504
Kohl's
KSS
$2.23B
| $57.1M | 0.03% |
1,507,439
-46,129
| -3% | -$1.83M |
|
|
AMTD
505
DELISTED
TD Ameritrade Holding Corp
AMTD
| $56.8M | 0.03% |
1,993,836
+200,344
| +11% | +$6.1M |
|
506
SiriusXM
SIRI
$10.3B
| $56.4M | 0.03% |
1,428,428
-30,317
| -2% | -$1.19M |
|
507
Fluor
FLR
$7.04B
| $55.9M | 0.03% |
1,137,067
-7,882
| -0.7% | -$410K |
|
|
SNI
508
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $55.9M | 0.03% |
898,436
-28,197
| -3% | -$1.8M |
|
509
United Therapeutics
UTHR
$22B
| $55.8M | 0.03% |
526,628
+70,909
| +16% | +$7.91M |
|
510
Equity Lifestyle Properties
ELS
$12.6B
| $55.1M | 0.03% |
1,376,782
-2,460
| -0.2% | -$89.3K |
|
511
Gartner
IT
$12.5B
| $54.8M | 0.03% |
563,142
+21,351
| +4% | +$2.03M |
|
512
Idexx Laboratories
IDXX
$46.1B
| $54.8M | 0.03% |
590,726
+14,395
| +2% | +$1.24M |
|
513
Reliance Steel & Aluminium
RS
$21.5B
| $54.7M | 0.03% |
710,871
+57,641
| +9% | +$4.23M |
|
514
Everest Group
EG
$14.3B
| $54.5M | 0.03% |
298,432
+8,491
| +3% | +$1.56M |
|
515
Cheniere Energy
LNG
$53.4B
| $54.5M | 0.03% |
1,450,965
+14,593
| +1% | +$513K |
|
|
VAL
516
DELISTED
Valspar
VAL
| $54.4M | 0.03% |
504,200
+65,203
| +15% | +$7M |
|
|
SPR
517
DELISTED
Spirit AeroSystems
SPR
| $54.3M | 0.03% |
1,262,213
+206,669
| +20% | +$9.52M |
|
|
TE
518
DELISTED
TECO ENERGY INC
TE
| $54.2M | 0.03% |
1,965,501
+25,381
| +1% | +$701K |
|
|
MNK
519
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $54.2M | 0.03% |
893,116
-21,714
| -2% | -$1.33M |
|
520
Cadence Design Systems
CDNS
$92.8B
| $54.1M | 0.03% |
2,229,061
+331,412
| +17% | +$7.94M |
|
521
Atmos Energy
ATO
$28.7B
| $54.1M | 0.03% |
665,383
+54,437
| +9% | +$4.04M |
|
|
WP
522
DELISTED
Worldpay, Inc.
WP
| $53.9M | 0.03% |
953,218
+28,191
| +3% | +$1.52M |
|
523
Cooper Companies
COO
$14.6B
| $53.9M | 0.03% |
1,257,248
+49,168
| +4% | +$1.97M |
|
524
Under Armour Class C
UA
$2.82B
| $53.4M | 0.03% |
+1,469,415
| New | +$54.2M |
|
525
Allegion
ALLE
$14.3B
| $53.3M | 0.03% |
768,147
+503
| +0.1% | +$33.4K |
|
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.