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 | |
|---|---|---|---|---|---|---|---|
676
First Solar
FSLR
$19.2B
| $32.8M | 0.02% |
677,931
+790
| +0.1% | +$42.1K |
2013 Q2
12 quarters
|
|
677
MDU Resources
MDU
$3.9B
| $32.8M | 0.02% |
3,595,652
+438,196
| +14% | +$3.57M |
2013 Q2
12 quarters
|
|
678
Toro Company
TTC
$9.3B
| $32.8M | 0.02% |
743,702
+67,386
| +10% | +$2.94M |
2013 Q2
12 quarters
|
|
679
Williams-Sonoma
WSM
$28.6B
| $32.7M | 0.02% |
1,255,774
+26,478
| +2% | +$726K |
2013 Q2
12 quarters
|
|
|
WCG
680
DELISTED
Wellcare Health Plans, Inc.
WCG
| $32.7M | 0.02% |
305,054
-42,905
| -12% | -$4.2M |
2013 Q2
12 quarters
|
|
681
Manhattan Associates
MANH
$12.8B
| $32.7M | 0.02% |
509,947
+19,395
| +4% | +$1.21M |
2013 Q2
12 quarters
|
|
682
Curtiss-Wright
CW
$18.5B
| $32.7M | 0.02% |
388,081
+29,837
| +8% | +$2.4M |
2013 Q2
12 quarters
|
|
|
SIVB
683
DELISTED
SVB Financial Group
SIVB
| $32.7M | 0.02% |
343,279
+9,389
| +3% | +$961K |
2013 Q2
12 quarters
|
|
684
Sonoco
SON
$4.86B
| $32.7M | 0.02% |
657,618
+34,443
| +6% | +$1.64M |
2013 Q2
12 quarters
|
|
|
WBC
685
DELISTED
WABCO HOLDINGS INC.
WBC
| $32.6M | 0.02% |
356,455
+16,463
| +5% | +$1.74M |
2013 Q2
12 quarters
|
|
|
PF
686
DELISTED
Pinnacle Foods, Inc.
PF
| $32.6M | 0.02% |
704,338
+9,867
| +1% | +$429K |
2013 Q2
12 quarters
|
|
687
Voya Financial
VOYA
$8.62B
| $32.6M | 0.02% |
1,317,306
+295
| +0% | +$9.02K |
2013 Q2
12 quarters
|
|
|
GRA
688
DELISTED
W.R. Grace & Co.
GRA
| $32.5M | 0.02% |
444,587
+20,011
| +5% | +$1.53M |
2013 Q2
12 quarters
|
|
689
Service Corp International
SCI
$10.8B
| $32.4M | 0.02% |
1,198,385
+34,026
| +3% | +$897K |
2013 Q2
12 quarters
|
|
690
Sensata Technologies
ST
$5.99B
| $32.3M | 0.02% |
926,944
+16,118
| +2% | +$589K |
2013 Q2
12 quarters
|
|
691
Herc Holdings
HRI
$4.12B
| $32.3M | 0.02% |
862,138
+78,736
| +10% | +$2.26M |
2013 Q2
12 quarters
|
|
|
WFT
692
DELISTED
Weatherford International plc
WFT
| $32.3M | 0.02% |
5,815,343
+424,354
| +8% | +$2.77M |
2013 Q2
12 quarters
|
|
693
Royal Gold
RGLD
$19.1B
| $32.2M | 0.02% |
446,463
+19,717
| +5% | +$1.17M |
2013 Q2
12 quarters
|
|
694
EPR Properties
EPR
$4.18B
| $32.1M | 0.02% |
398,429
+1,193
| +0.3% | +$83.9K |
2013 Q2
12 quarters
|
|
|
TECD
695
DELISTED
Tech Data Corp
TECD
| $32.1M | 0.02% |
446,464
+52,183
| +13% | +$3.79M |
2013 Q2
12 quarters
|
|
|
OA
696
DELISTED
Orbital ATK, Inc.
OA
| $32M | 0.02% |
375,520
+8,466
| +2% | +$738K |
2013 Q2
12 quarters
|
|
697
AptarGroup
ATR
$7.65B
| $31.8M | 0.02% |
402,247
+6,184
| +2% | +$478K |
2013 Q2
12 quarters
|
|
698
Vail Resorts
MTN
$5.33B
| $31.8M | 0.02% |
230,193
-7,553
| -3% | -$997K |
2013 Q2
12 quarters
|
|
|
PACW
699
DELISTED
PacWest Bancorp
PACW
| $31.8M | 0.02% |
799,826
+23,312
| +3% | +$914K |
2013 Q2
12 quarters
|
|
700
Keysight
KEYS
$60.9B
| $31.8M | 0.02% |
1,092,575
+69,733
| +7% | +$1.97M |
2014 Q4
6 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.