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 | |
|---|---|---|---|---|---|---|---|
526
Workday
WDAY
$44.8B
| $53.2M | 0.03% |
712,661
+64,841
| +10% | +$4.94M |
2013 Q2
12 quarters
|
|
527
AGNC Investment
AGNC
$10.2B
| $52.9M | 0.03% |
2,667,666
+59,143
| +2% | +$1.12M |
2013 Q2
12 quarters
|
|
528
Robert Half
RHI
$3.57B
| $52.1M | 0.03% |
1,367,331
+129,206
| +10% | +$5.28M |
2013 Q2
12 quarters
|
|
|
ACC
529
DELISTED
American Campus Communities, Inc.
ACC
| $52.1M | 0.03% |
985,218
-23,638
| -2% | -$1.11M |
2013 Q2
12 quarters
|
|
530
Autoliv
ALV
$8.33B
| $52M | 0.03% |
671,677
+8,178
| +1% | +$701K |
2013 Q2
12 quarters
|
|
|
WWAV
531
DELISTED
The WhiteWave Foods Company
WWAV
| $51.4M | 0.03% |
1,094,490
+43,826
| +4% | +$1.88M |
2013 Q2
12 quarters
|
|
532
DELISTED
Westar Energy Inc
WR
| $51.1M | 0.03% |
911,851
+25,551
| +3% | +$1.35M |
2013 Q2
12 quarters
|
|
533
Signet Jewelers
SIG
$4.14B
| $50.9M | 0.03% |
619,316
-24,169
| -4% | -$2.46M |
2013 Q2
12 quarters
|
|
534
Jazz Pharmaceuticals
JAZZ
$13.7B
| $50.6M | 0.03% |
358,407
-39,218
| -10% | -$5.78M |
2013 Q2
12 quarters
|
|
535
Pultegroup
PHM
$21.3B
| $50.5M | 0.03% |
2,596,494
-65,605
| -2% | -$1.22M |
2013 Q2
12 quarters
|
|
|
FTR
536
DELISTED
Frontier Communications Corp.
FTR
| $50.3M | 0.03% |
679,573
+1,149
| +0.2% | +$90.1K |
2013 Q2
12 quarters
|
|
537
NXP Semiconductors
NXPI
$57.1B
| $50.3M | 0.03% |
645,118
+286,277
| +80% | +$24.6M |
2013 Q2
12 quarters
|
|
538
Lamar Advertising Co
LAMR
$14.9B
| $49.9M | 0.03% |
752,949
+7,670
| +1% | +$484K |
2013 Q2
12 quarters
|
|
539
Jacobs Solutions
J
$16.6B
| $49.9M | 0.03% |
1,213,564
-7,746
| -0.6% | -$305K |
2013 Q2
12 quarters
|
|
540
Teleflex
TFX
$5.27B
| $49.9M | 0.03% |
281,150
+23,301
| +9% | +$3.8M |
2013 Q2
12 quarters
|
|
541
Gentex
GNTX
$4.4B
| $49.8M | 0.03% |
3,222,895
+127,762
| +4% | +$2.03M |
2013 Q2
12 quarters
|
|
|
RAD
542
DELISTED
Rite Aid Corporation
RAD
| $49.7M | 0.03% |
332,136
+4,189
| +1% | +$661K |
2013 Q2
12 quarters
|
|
|
BRCD
543
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $49.4M | 0.03% |
5,384,456
+720,196
| +15% | +$6.45M |
2013 Q2
12 quarters
|
|
544
FMC
FMC
$1.29B
| $49.4M | 0.03% |
1,232,580
-14,395
| -1% | -$564K |
2013 Q2
12 quarters
|
|
545
SEI Investments
SEIC
$12.7B
| $49.1M | 0.03% |
1,020,928
+41,518
| +4% | +$2M |
2013 Q2
12 quarters
|
|
546
Jack Henry & Associates
JKHY
$10.7B
| $48.9M | 0.03% |
560,677
+9,995
| +2% | +$835K |
2013 Q2
12 quarters
|
|
547
Owens Corning
OC
$8.92B
| $48.6M | 0.03% |
943,876
+123,023
| +15% | +$6.13M |
2013 Q2
12 quarters
|
|
548
United Rentals
URI
$66B
| $48.6M | 0.03% |
725,624
-18,274
| -2% | -$1.19M |
2013 Q2
12 quarters
|
|
549
NNN REIT
NNN
$7.77B
| $48.5M | 0.03% |
937,710
+77,125
| +9% | +$3.58M |
2013 Q2
12 quarters
|
|
550
Steel Dynamics
STLD
$34.5B
| $48.4M | 0.03% |
1,976,643
+53,890
| +3% | +$1.32M |
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.