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 | |
|---|---|---|---|---|---|---|---|
|
VER
501
DELISTED
VEREIT, Inc.
VER
| $57.2M | 0.03% |
1,128,638
+27,247
| +2% | +$1.28M |
2013 Q2
12 quarters
|
|
502
Alexandria Real Estate Equities
ARE
$7.59B
| $57.1M | 0.03% |
551,635
-13,201
| -2% | -$1.26M |
2013 Q2
12 quarters
|
|
503
Palo Alto Networks
PANW
$330B
| $57.1M | 0.03% |
2,794,056
+227,070
| +9% | +$5.26M |
2013 Q2
12 quarters
|
|
504
Kohl's
KSS
$2.4B
| $57.1M | 0.03% |
1,507,439
-46,129
| -3% | -$1.83M |
2013 Q2
12 quarters
|
|
505
DELISTED
TD Ameritrade Holding Corp
AMTD
| $56.8M | 0.03% |
1,993,836
+200,344
| +11% | +$6.1M |
2013 Q2
12 quarters
|
|
506
SiriusXM
SIRI
$8.97B
| $56.4M | 0.03% |
1,428,428
-30,317
| -2% | -$1.19M |
2013 Q2
12 quarters
|
|
507
Fluor
FLR
$6.65B
| $55.9M | 0.03% |
1,137,067
-7,882
| -0.7% | -$410K |
2013 Q2
12 quarters
|
|
|
SNI
508
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $55.9M | 0.03% |
898,436
-28,197
| -3% | -$1.8M |
2013 Q2
12 quarters
|
|
509
United Therapeutics
UTHR
$23.6B
| $55.8M | 0.03% |
526,628
+70,909
| +16% | +$7.91M |
2013 Q2
12 quarters
|
|
510
Equity Lifestyle Properties
ELS
$11.5B
| $55.1M | 0.03% |
1,376,782
-2,460
| -0.2% | -$89.3K |
2013 Q2
12 quarters
|
|
511
Gartner
IT
$12.3B
| $54.8M | 0.03% |
563,142
+21,351
| +4% | +$2.03M |
2013 Q2
12 quarters
|
|
512
Idexx Laboratories
IDXX
$41.3B
| $54.8M | 0.03% |
590,726
+14,395
| +2% | +$1.24M |
2013 Q2
12 quarters
|
|
513
Reliance Steel & Aluminium
RS
$20.5B
| $54.7M | 0.03% |
710,871
+57,641
| +9% | +$4.23M |
2013 Q2
12 quarters
|
|
514
Everest Group
EG
$14.3B
| $54.5M | 0.03% |
298,432
+8,491
| +3% | +$1.56M |
2013 Q2
12 quarters
|
|
515
Cheniere Energy
LNG
$58.3B
| $54.5M | 0.03% |
1,450,965
+14,593
| +1% | +$513K |
2013 Q2
12 quarters
|
|
516
DELISTED
Valspar
VAL
| $54.4M | 0.03% |
504,200
+65,203
| +15% | +$7M |
2013 Q2
12 quarters
|
|
517
DELISTED
Spirit AeroSystems
SPR
| $54.3M | 0.03% |
1,262,213
+206,669
| +20% | +$9.52M |
2013 Q2
12 quarters
|
|
518
DELISTED
TECO ENERGY INC
TE
| $54.2M | 0.03% |
1,965,501
+25,381
| +1% | +$701K |
2013 Q2
12 quarters
|
|
|
MNK
519
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $54.2M | 0.03% |
893,116
-21,714
| -2% | -$1.33M |
2013 Q3
11 quarters
|
|
520
Cadence Design Systems
CDNS
$96B
| $54.1M | 0.03% |
2,229,061
+331,412
| +17% | +$7.94M |
2013 Q2
12 quarters
|
|
521
Atmos Energy
ATO
$27.4B
| $54.1M | 0.03% |
665,383
+54,437
| +9% | +$4.04M |
2013 Q2
12 quarters
|
|
|
WP
522
DELISTED
Worldpay, Inc.
WP
| $53.9M | 0.03% |
953,218
+28,191
| +3% | +$1.52M |
2013 Q2
12 quarters
|
|
523
Cooper Companies
COO
$10.6B
| $53.9M | 0.03% |
1,257,248
+49,168
| +4% | +$1.97M |
2013 Q2
12 quarters
|
|
524
Under Armour Class C
UA
$2.06B
| $53.4M | 0.03% |
+1,469,415
| New | +$54.2M |
2016 Q2
0 quarters
|
|
525
Allegion
ALLE
$12.8B
| $53.3M | 0.03% |
768,147
+503
| +0.1% | +$33.4K |
2013 Q4
10 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.