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 | |
|---|---|---|---|---|---|---|---|
826
Herbalife
HLF
$1.52B
| $24.1M | 0.01% |
822,824
+35,974
| +5% | +$1.08M |
2013 Q2
12 quarters
|
|
827
Cinemark Holdings
CNK
$4.47B
| $23.9M | 0.01% |
654,929
+7,222
| +1% | +$253K |
2013 Q2
12 quarters
|
|
828
Oceaneering
OII
$4.25B
| $23.8M | 0.01% |
797,541
-110,814
| -12% | -$3.62M |
2013 Q2
12 quarters
|
|
829
Medical Properties Trust
MPT
$1.83B
| $23.8M | 0.01% |
1,563,180
+19,640
| +1% | +$278K |
2013 Q2
12 quarters
|
|
|
DNY
830
DELISTED
DONNELLEY R R & SONS CO
DNY
| $23.8M | 0.01% |
1,404,714
+59,466
| +4% | +$1.01M |
2013 Q2
12 quarters
|
|
831
Ziff Davis
ZD
$1.95B
| $23.8M | 0.01% |
432,399
+293
| +0.1% | +$16.3K |
2013 Q2
12 quarters
|
|
832
Advanced Micro Devices
AMD
$894B
| $23.7M | 0.01% |
4,618,833
+227,595
| +5% | +$884K |
2013 Q2
12 quarters
|
|
833
Maximus
MMS
$3.12B
| $23.7M | 0.01% |
427,760
-60,249
| -12% | -$3.25M |
2013 Q2
12 quarters
|
|
834
DELISTED
Allete
ALE
| $23.6M | 0.01% |
365,894
+11,514
| +3% | +$664K |
2013 Q2
12 quarters
|
|
835
Eagle Materials
EXP
$5.21B
| $23.6M | 0.01% |
305,952
-4,681
| -2% | -$353K |
2013 Q2
12 quarters
|
|
836
CNX Resources
CNX
$5.08B
| $23.6M | 0.01% |
1,758,653
+57,424
| +3% | +$672K |
2013 Q2
12 quarters
|
|
837
O-I Glass
OI
$916M
| $23.5M | 0.01% |
1,307,171
-29,622
| -2% | -$543K |
2013 Q2
12 quarters
|
|
838
DELISTED
Synovus
SNV
| $23.5M | 0.01% |
810,966
-5,181
| -0.6% | -$157K |
2013 Q2
12 quarters
|
|
839
DELISTED
Spirit Airlines, Inc.
SAVE
| $23.5M | 0.01% |
522,861
+66,658
| +15% | +$2.96M |
2013 Q2
12 quarters
|
|
840
Fair Isaac
FICO
$16.4B
| $23.4M | 0.01% |
207,391
+5,138
| +3% | +$558K |
2013 Q2
12 quarters
|
|
|
ALR
841
DELISTED
Alere Inc
ALR
| $23.3M | 0.01% |
558,838
+38,958
| +7% | +$1.69M |
2013 Q2
12 quarters
|
|
842
DELISTED
Education Realty Trust Inc
EDR
| $23.3M | 0.01% |
503,959
+1,667
| +0.3% | +$70K |
2013 Q2
12 quarters
|
|
843
BWX Technologies
BWXT
$12.4B
| $23.2M | 0.01% |
648,653
-5,440
| -0.8% | -$186K |
2015 Q3
3 quarters
|
|
844
Hanover Insurance
THG
$7.99B
| $23.2M | 0.01% |
273,602
-1,179
| -0.4% | -$101K |
2013 Q2
12 quarters
|
|
845
Euronet Worldwide
EEFT
$2.46B
| $23.1M | 0.01% |
334,258
-10,462
| -3% | -$796K |
2013 Q2
12 quarters
|
|
|
CLR
846
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $23.1M | 0.01% |
511,008
+19,591
| +4% | +$770K |
2013 Q2
12 quarters
|
|
|
FNFG
847
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $23.1M | 0.01% |
2,372,968
+33,505
| +1% | +$345K |
2013 Q2
12 quarters
|
|
|
PSB
848
DELISTED
PS Business Parks, Inc.
PSB
| $23.1M | 0.01% |
217,606
+9,774
| +5% | +$978K |
2013 Q2
12 quarters
|
|
849
Booz Allen Hamilton
BAH
$8.8B
| $23.1M | 0.01% |
778,718
+98,935
| +15% | +$2.83M |
2013 Q2
12 quarters
|
|
850
Blackbaud
BLKB
$2.29B
| $23.1M | 0.01% |
339,935
+12,343
| +4% | +$780K |
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.