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 | |
|---|---|---|---|---|---|---|---|
|
EVHC
726
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $29.8M | 0.02% |
392,932
+20,507
| +6% | +$1.46M |
2013 Q3
11 quarters
|
|
|
GXP
727
DELISTED
Great Plains Energy Incorporated
GXP
| $29.7M | 0.02% |
977,644
+46,845
| +5% | +$1.44M |
2013 Q2
12 quarters
|
|
728
Idacorp
IDA
$7.92B
| $29.7M | 0.02% |
365,264
+7,257
| +2% | +$535K |
2013 Q2
12 quarters
|
|
729
RLJ Lodging Trust
RLJ
$1.73B
| $29.7M | 0.02% |
1,384,805
+98,447
| +8% | +$2.09M |
2013 Q2
12 quarters
|
|
|
SGEN
730
DELISTED
Seagen Inc. Common Stock
SGEN
| $29.6M | 0.02% |
733,149
+21,691
| +3% | +$825K |
2013 Q2
12 quarters
|
|
731
DELISTED
Liberty Broadband Class C
LBRDK
| $29.5M | 0.02% |
491,359
+51,501
| +12% | +$3M |
2014 Q4
6 quarters
|
|
|
FEIC
732
DELISTED
FEI COMPANY
FEIC
| $29.4M | 0.02% |
275,458
-5,130
| -2% | -$490K |
2013 Q2
12 quarters
|
|
|
UMPQ
733
DELISTED
Umpqua Holdings Corp
UMPQ
| $29.4M | 0.02% |
1,897,238
+70,774
| +4% | +$1.11M |
2013 Q2
12 quarters
|
|
|
VVC
734
DELISTED
Vectren Corporation
VVC
| $29.2M | 0.02% |
553,933
+25,925
| +5% | +$1.3M |
2013 Q2
12 quarters
|
|
735
PTC
PTC
$21B
| $29M | 0.02% |
772,840
+38,370
| +5% | +$1.37M |
2013 Q2
12 quarters
|
|
736
DELISTED
Berry Global Group, Inc.
BERY
| $28.8M | 0.02% |
805,937
-33,714
| -4% | -$1.15M |
2013 Q2
12 quarters
|
|
|
ISBC
737
DELISTED
Investors Bancorp, Inc.
ISBC
| $28.6M | 0.02% |
2,584,427
+275,732
| +12% | +$3.19M |
2013 Q2
12 quarters
|
|
|
AMSG
738
DELISTED
Amsurg Corp
AMSG
| $28.6M | 0.02% |
368,755
-15,073
| -4% | -$1.17M |
2013 Q2
12 quarters
|
|
739
Commerce Bancshares
CBSH
$7.81B
| $28.4M | 0.02% |
966,031
+38,532
| +4% | +$1.11M |
2013 Q2
12 quarters
|
|
740
People Inc
PPLI
$3.02B
| $28.4M | 0.02% |
2,822,480
+50,314
| +2% | +$466K |
2013 Q2
12 quarters
|
|
|
STOR
741
DELISTED
STORE Capital Corporation
STOR
| $28.3M | 0.02% |
961,347
+369,455
| +62% | +$9.73M |
2014 Q4
6 quarters
|
|
742
DELISTED
QUESTAR CORP
STR
| $28.3M | 0.02% |
1,115,117
+44,172
| +4% | +$1.11M |
2013 Q2
12 quarters
|
|
743
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $28.2M | 0.02% |
701,058
-104,779
| -13% | -$4.22M |
2013 Q2
12 quarters
|
|
744
Guidewire Software
GWRE
$13.5B
| $28.1M | 0.02% |
455,268
-18,947
| -4% | -$1.09M |
2013 Q2
12 quarters
|
|
745
DELISTED
Healthcare Realty Trust Incorporated
HR
| $28.1M | 0.02% |
803,589
-11,692
| -1% | -$371K |
2013 Q2
12 quarters
|
|
746
Cracker Barrel
CBRL
$1.4B
| $28.1M | 0.02% |
163,739
-5,058
| -3% | -$789K |
2013 Q2
12 quarters
|
|
|
LM
747
DELISTED
Legg Mason, Inc.
LM
| $28.1M | 0.02% |
952,791
-71,642
| -7% | -$2.32M |
2013 Q2
12 quarters
|
|
748
Acadia Healthcare
ACHC
$2.95B
| $28M | 0.02% |
505,386
+32,341
| +7% | +$1.89M |
2013 Q2
12 quarters
|
|
749
American Homes 4 Rent
AMH
$11B
| $28M | 0.02% |
1,366,808
-146,340
| -10% | -$2.53M |
2013 Q3
11 quarters
|
|
750
DELISTED
Equity Commonwealth
EQC
| $27.9M | 0.02% |
959,416
-49,241
| -5% | -$1.4M |
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.