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 | |
|---|---|---|---|---|---|---|
|
ABMD
701
DELISTED
Abiomed Inc
ABMD
| $31.6M | 0.02% |
289,453
+5,912
| +2% | +$588K |
|
|
CSRA
702
DELISTED
CSRA Inc.
CSRA
| $31.6M | 0.02% |
1,351,722
+19,522
| +1% | +$491K |
|
|
PNRA
703
DELISTED
Panera Bread Co
PNRA
| $31.5M | 0.02% |
148,598
+1,135
| +0.8% | +$242K |
|
|
CPN
704
DELISTED
Calpine Corporation
CPN
| $31.4M | 0.02% |
2,131,632
+74,385
| +4% | +$1.1M |
|
|
BMS
705
DELISTED
Bemis
BMS
| $31.4M | 0.02% |
610,130
+19,709
| +3% | +$995K |
|
|
PNY
706
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $31.4M | 0.02% |
521,508
-19,780
| -4% | -$1.18M |
|
707
Deluxe
DLX
$1.21B
| $31.3M | 0.02% |
472,259
+2,913
| +0.6% | +$185K |
|
708
National Fuel Gas
NFG
$7.59B
| $31.3M | 0.02% |
550,607
+6,729
| +1% | +$363K |
|
709
American Eagle Outfitters
AEO
$2.99B
| $31.2M | 0.02% |
1,958,218
-16,211
| -0.8% | -$248K |
|
710
ManpowerGroup
MAN
$2.56B
| $31.2M | 0.02% |
484,462
+23,645
| +5% | +$1.83M |
|
711
Core Laboratories
CLB
$518M
| $31M | 0.02% |
250,316
+22,894
| +10% | +$2.76M |
|
712
Aecom
ACM
$9.67B
| $30.9M | 0.02% |
972,758
+27,923
| +3% | +$883K |
|
|
PVTB
713
DELISTED
PrivateBancorp Inc
PVTB
| $30.7M | 0.02% |
697,097
+7,518
| +1% | +$306K |
|
|
SIX
714
DELISTED
Six Flags Entertainment Corp.
SIX
| $30.5M | 0.02% |
526,015
+29,105
| +6% | +$1.69M |
|
715
Jones Lang LaSalle
JLL
$16.7B
| $30.5M | 0.02% |
312,872
+23,993
| +8% | +$2.76M |
|
716
Fortinet
FTNT
$117B
| $30.4M | 0.02% |
4,811,440
+138,400
| +3% | +$896K |
|
717
SS&C Technologies
SSNC
$18.7B
| $30.3M | 0.02% |
1,077,527
+32,119
| +3% | +$963K |
|
718
Marvell Technology
MRVL
$191B
| $30.2M | 0.02% |
3,172,737
+63,485
| +2% | +$635K |
|
|
VISN
719
Vistance Networks Inc
VISN
$2.34B
| $30.2M | 0.02% |
972,828
+127,661
| +15% | +$3.79M |
|
720
Assured Guaranty
AGO
$3.66B
| $30.1M | 0.02% |
1,187,022
-16,729
| -1% | -$431K |
|
|
ENH
721
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $30.1M | 0.02% |
447,886
+18,622
| +4% | +$1.22M |
|
722
ONE Gas
OGS
$5B
| $29.9M | 0.02% |
449,539
+16,582
| +4% | +$1,000K |
|
723
Burlington
BURL
$23.2B
| $29.9M | 0.02% |
448,371
-40,021
| -8% | -$2.35M |
|
724
Nordson
NDSN
$17.2B
| $29.8M | 0.02% |
356,941
+10,758
| +3% | +$867K |
|
|
EGN
725
DELISTED
Energen
EGN
| $29.8M | 0.02% |
618,938
+20,784
| +3% | +$905K |
|
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.