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 | |
|---|---|---|---|---|---|---|---|
551
The Gap Inc
GAP
$7.89B
| $48.2M | 0.03% |
2,274,533
+175,568
| +8% | +$3.74M |
2013 Q2
12 quarters
|
|
552
Ally Financial
ALLY
$11.1B
| $47.9M | 0.03% |
2,806,158
-83,352
| -3% | -$1.44M |
2014 Q2
8 quarters
|
|
553
Aramark
ARMK
$14.4B
| $47.8M | 0.03% |
1,983,500
+137,029
| +7% | +$3.3M |
2014 Q1
9 quarters
|
|
554
DELISTED
IHS INC CL-A COM STK
IHS
| $47.7M | 0.03% |
412,541
+10,190
| +3% | +$1.22M |
2013 Q2
12 quarters
|
|
555
Liberty Global Class A
LBTYA
$2.85B
| $47.6M | 0.03% |
1,640,196
-54,652
| -3% | -$1.77M |
2013 Q2
12 quarters
|
|
556
Flowserve
FLS
$8.88B
| $47.5M | 0.03% |
1,053,978
-52,551
| -5% | -$2.46M |
2013 Q2
12 quarters
|
|
557
DELISTED
Splunk Inc
SPLK
| $47.3M | 0.03% |
873,095
+46,322
| +6% | +$2.44M |
2013 Q2
12 quarters
|
|
558
Revvity
RVTY
$17.3B
| $47.2M | 0.03% |
901,249
-3,016
| -0.3% | -$159K |
2013 Q2
12 quarters
|
|
559
CoStar Group
CSGP
$12B
| $47.1M | 0.03% |
2,152,090
+103,450
| +5% | +$2.05M |
2013 Q2
12 quarters
|
|
560
MSCI
MSCI
$40.7B
| $46.7M | 0.03% |
606,399
-610
| -0.1% | -$46.2K |
2013 Q2
12 quarters
|
|
|
HDS
561
DELISTED
HD Supply Holdings, Inc.
HDS
| $46.3M | 0.03% |
1,329,398
+147,087
| +12% | +$5.01M |
2013 Q3
11 quarters
|
|
562
Kilroy Realty
KRC
$3.88B
| $46.1M | 0.03% |
695,460
-21,734
| -3% | -$1.38M |
2013 Q2
12 quarters
|
|
563
DexCom
DXCM
$31.7B
| $45.9M | 0.03% |
2,314,168
+218,336
| +10% | +$3.72M |
2013 Q2
12 quarters
|
|
|
LPT
564
DELISTED
Liberty Property Trust
LPT
| $45.9M | 0.03% |
1,155,605
-26,499
| -2% | -$964K |
2013 Q2
12 quarters
|
|
565
CF Industries
CF
$18.1B
| $45.8M | 0.02% |
1,902,339
+48,884
| +3% | +$1.45M |
2013 Q2
12 quarters
|
|
566
DELISTED
Southwestern Energy Company
SWN
| $45.6M | 0.02% |
3,630,913
+455,460
| +14% | +$5.52M |
2013 Q2
12 quarters
|
|
567
Flagstar Bank National Association
FLG
$4.6B
| $45.2M | 0.02% |
1,005,841
+14,032
| +1% | +$639K |
2013 Q2
12 quarters
|
|
568
Wabtec
WAB
$47.6B
| $44.7M | 0.02% |
637,008
+33,561
| +6% | +$2.61M |
2013 Q2
12 quarters
|
|
569
Ashland
ASH
$3.23B
| $44.7M | 0.02% |
796,731
+6,925
| +0.9% | +$383K |
2013 Q2
12 quarters
|
|
570
W.P. Carey
WPC
$14.5B
| $44.6M | 0.02% |
655,793
+26,627
| +4% | +$1.67M |
2013 Q2
12 quarters
|
|
571
CubeSmart
CUBE
$8.49B
| $44.5M | 0.02% |
1,442,237
-12,439
| -0.9% | -$388K |
2013 Q2
12 quarters
|
|
572
Assurant
AIZ
$13.5B
| $44.4M | 0.02% |
515,893
-24,433
| -5% | -$2.05M |
2013 Q2
12 quarters
|
|
|
ITC
573
DELISTED
ITC HOLDINGS CORP
ITC
| $44.4M | 0.02% |
948,999
+22,200
| +2% | +$985K |
2013 Q2
12 quarters
|
|
|
SBNY
574
DELISTED
Signature Bank
SBNY
| $44.4M | 0.02% |
355,416
+10,763
| +3% | +$1.44M |
2013 Q2
12 quarters
|
|
575
Ralph Lauren
RL
$22.3B
| $44.3M | 0.02% |
495,690
-2,860
| -0.6% | -$266K |
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.