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 | |
|---|---|---|---|---|---|---|
526
Workday
WDAY
$42.1B
| $53.2M | 0.03% |
712,661
+64,841
| +10% | +$4.94M |
|
527
AGNC Investment
AGNC
$12.6B
| $52.9M | 0.03% |
2,667,666
+59,143
| +2% | +$1.12M |
|
528
Robert Half
RHI
$4.15B
| $52.1M | 0.03% |
1,367,331
+129,206
| +10% | +$5.28M |
|
|
ACC
529
DELISTED
American Campus Communities, Inc.
ACC
| $52.1M | 0.03% |
985,218
-23,638
| -2% | -$1.11M |
|
530
Autoliv
ALV
$9.02B
| $52M | 0.03% |
671,677
+8,178
| +1% | +$701K |
|
|
WWAV
531
DELISTED
The WhiteWave Foods Company
WWAV
| $51.4M | 0.03% |
1,094,490
+43,826
| +4% | +$1.88M |
|
|
WR
532
DELISTED
Westar Energy Inc
WR
| $51.1M | 0.03% |
911,851
+25,551
| +3% | +$1.35M |
|
533
Signet Jewelers
SIG
$3.75B
| $50.9M | 0.03% |
619,316
-24,169
| -4% | -$2.46M |
|
534
Jazz Pharmaceuticals
JAZZ
$17B
| $50.6M | 0.03% |
358,407
-39,218
| -10% | -$5.78M |
|
535
Pultegroup
PHM
$25.3B
| $50.5M | 0.03% |
2,596,494
-65,605
| -2% | -$1.22M |
|
|
FTR
536
DELISTED
Frontier Communications Corp.
FTR
| $50.3M | 0.03% |
679,573
+1,149
| +0.2% | +$90.1K |
|
537
NXP Semiconductors
NXPI
$58.3B
| $50.3M | 0.03% |
645,118
+286,277
| +80% | +$24.6M |
|
538
Lamar Advertising Co
LAMR
$16.1B
| $49.9M | 0.03% |
752,949
+7,670
| +1% | +$484K |
|
539
Jacobs Solutions
J
$16.9B
| $49.9M | 0.03% |
1,213,564
-7,746
| -0.6% | -$305K |
|
540
Teleflex
TFX
$6.06B
| $49.9M | 0.03% |
281,150
+23,301
| +9% | +$3.8M |
|
541
Gentex
GNTX
$5.08B
| $49.8M | 0.03% |
3,222,895
+127,762
| +4% | +$2.03M |
|
|
RAD
542
DELISTED
Rite Aid Corporation
RAD
| $49.7M | 0.03% |
332,136
+4,189
| +1% | +$661K |
|
|
BRCD
543
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $49.4M | 0.03% |
5,384,456
+720,196
| +15% | +$6.45M |
|
544
FMC
FMC
$1.35B
| $49.4M | 0.03% |
1,232,580
-14,395
| -1% | -$564K |
|
545
SEI Investments
SEIC
$12.6B
| $49.1M | 0.03% |
1,020,928
+41,518
| +4% | +$2M |
|
546
Jack Henry & Associates
JKHY
$11B
| $48.9M | 0.03% |
560,677
+9,995
| +2% | +$835K |
|
547
Owens Corning
OC
$12.3B
| $48.6M | 0.03% |
943,876
+123,023
| +15% | +$6.13M |
|
548
United Rentals
URI
$72.3B
| $48.6M | 0.03% |
725,624
-18,274
| -2% | -$1.19M |
|
549
NNN REIT
NNN
$9.01B
| $48.5M | 0.03% |
937,710
+77,125
| +9% | +$3.58M |
|
550
Steel Dynamics
STLD
$38.1B
| $48.4M | 0.03% |
1,976,643
+53,890
| +3% | +$1.32M |
|
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.