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 | |
|---|---|---|---|---|---|---|---|
|
PE
776
DELISTED
PARSLEY ENERGY INC
PE
| $27.1M | 0.01% |
1,001,096
+324,831
| +48% | +$8.06M |
2014 Q2
8 quarters
|
|
777
DELISTED
Anywhere Real Estate
HOUS
| $27.1M | 0.01% |
932,821
+32,949
| +4% | +$1.08M |
2013 Q2
12 quarters
|
|
778
Graco
GGG
$13B
| $26.8M | 0.01% |
1,017,555
+28,386
| +3% | +$763K |
2013 Q2
12 quarters
|
|
779
Donaldson
DCI
$10.1B
| $26.7M | 0.01% |
777,740
+20,112
| +3% | +$671K |
2013 Q2
12 quarters
|
|
780
Portland General Electric
POR
$5.23B
| $26.7M | 0.01% |
604,223
+21,780
| +4% | +$889K |
2013 Q2
12 quarters
|
|
781
Sally Beauty Holdings
SBH
$1.51B
| $26.6M | 0.01% |
904,015
+224
| +0% | +$6.7K |
2013 Q2
12 quarters
|
|
782
DELISTED
Coresite Realty Corporation
COR
| $26.4M | 0.01% |
297,898
+26,004
| +10% | +$2M |
2013 Q2
12 quarters
|
|
783
Toll Brothers
TOL
$12B
| $26.4M | 0.01% |
981,493
-14,837
| -1% | -$417K |
2013 Q2
12 quarters
|
|
784
Howard Hughes
HHH
$4.08B
| $26.3M | 0.01% |
241,714
+6,935
| +3% | +$712K |
2013 Q2
12 quarters
|
|
|
RPAI
785
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $26.3M | 0.01% |
1,554,056
+14,530
| +0.9% | +$235K |
2013 Q2
12 quarters
|
|
|
MSCC
786
DELISTED
Microsemi Corp
MSCC
| $26.2M | 0.01% |
800,586
-15,650
| -2% | -$536K |
2013 Q2
12 quarters
|
|
787
Southwest Gas
SWX
$6.18B
| $26M | 0.01% |
330,419
+4,138
| +1% | +$286K |
2013 Q2
12 quarters
|
|
788
Genpact
G
$5.91B
| $25.9M | 0.01% |
965,843
+23,579
| +3% | +$648K |
2013 Q2
12 quarters
|
|
|
DNKN
789
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $25.9M | 0.01% |
594,310
+12,506
| +2% | +$572K |
2013 Q2
12 quarters
|
|
790
Teradyne
TER
$56.2B
| $25.8M | 0.01% |
1,312,350
+13,686
| +1% | +$270K |
2013 Q2
12 quarters
|
|
791
Charles River Laboratories
CRL
$14.4B
| $25.7M | 0.01% |
312,286
+9,346
| +3% | +$770K |
2013 Q2
12 quarters
|
|
|
ARRS
792
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $25.6M | 0.01% |
1,223,759
+37,135
| +3% | +$842K |
2013 Q2
12 quarters
|
|
|
PRXL
793
DELISTED
Parexel International Corp
PRXL
| $25.5M | 0.01% |
405,778
+804
| +0.2% | +$49.8K |
2013 Q2
12 quarters
|
|
794
Check Point Software Technologies
CHKP
$13.7B
| $25.5M | 0.01% |
320,290
+118,486
| +59% | +$9.92M |
2013 Q2
12 quarters
|
|
795
DELISTED
Gramercy Property Trust
GPT
| $25.5M | 0.01% |
920,796
-2,449
| -0.3% | -$64.4K |
2015 Q2
4 quarters
|
|
796
Lincoln Electric
LECO
$14.1B
| $25.3M | 0.01% |
429,048
-1,897
| -0.4% | -$114K |
2013 Q2
12 quarters
|
|
|
VR
797
DELISTED
Validus Hold Ltd
VR
| $25.3M | 0.01% |
520,009
+7,689
| +2% | +$361K |
2013 Q2
12 quarters
|
|
|
AHL
798
DELISTED
ASPEN Insurance Holding Limited
AHL
| $25.2M | 0.01% |
543,767
+5,043
| +0.9% | +$235K |
2013 Q2
12 quarters
|
|
799
Westlake Corp
WLK
$7.95B
| $25.2M | 0.01% |
587,329
+119,023
| +25% | +$5.44M |
2013 Q2
12 quarters
|
|
800
Pool Corp
POOL
$5.75B
| $25.2M | 0.01% |
267,898
-17,726
| -6% | -$1.59M |
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.