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 | |
|---|---|---|---|---|---|---|---|
851
Apple Hospitality REIT
APLE
$3.98B
| $22.9M | 0.01% |
1,220,119
-59,298
| -5% | -$1.11M |
2015 Q3
3 quarters
|
|
852
MSC Industrial Direct
MSM
$7.3B
| $22.9M | 0.01% |
324,913
+32,835
| +11% | +$2.44M |
2013 Q2
12 quarters
|
|
853
Sunstone Hotel Investors
SHO
$2.21B
| $22.9M | 0.01% |
1,896,628
-32,624
| -2% | -$409K |
2013 Q2
12 quarters
|
|
854
Woodward
WWD
$19.7B
| $22.9M | 0.01% |
396,775
+2,673
| +0.7% | +$148K |
2013 Q2
12 quarters
|
|
|
EQY
855
DELISTED
Equity One
EQY
| $22.9M | 0.01% |
710,205
-31,040
| -4% | -$909K |
2013 Q2
12 quarters
|
|
856
Wintrust Financial
WTFC
$9.69B
| $22.8M | 0.01% |
447,476
+31,875
| +8% | +$1.6M |
2013 Q2
12 quarters
|
|
|
IMS
857
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $22.8M | 0.01% |
898,578
-95,637
| -10% | -$2.45M |
2014 Q2
8 quarters
|
|
858
United Natural Foods
UNFI
$2.91B
| $22.8M | 0.01% |
486,426
+25,371
| +6% | +$974K |
2013 Q2
12 quarters
|
|
859
DELISTED
Chesapeake Energy Corporation
CHK
| $22.8M | 0.01% |
26,617
+4,929
| +23% | +$4.73M |
2013 Q2
12 quarters
|
|
860
Viasat
VSAT
$8.47B
| $22.7M | 0.01% |
317,722
+11,232
| +4% | +$818K |
2013 Q2
12 quarters
|
|
|
CCP
861
DELISTED
Care Capital Properties, Inc.
CCP
| $22.7M | 0.01% |
864,294
+50,786
| +6% | +$1.33M |
2015 Q3
3 quarters
|
|
862
Watsco Inc
WSO
$12.3B
| $22.6M | 0.01% |
160,579
+7,887
| +5% | +$1.06M |
2013 Q2
12 quarters
|
|
863
World Kinect Corp
WKC
$1.88B
| $22.6M | 0.01% |
474,953
+17,545
| +4% | +$817K |
2013 Q2
12 quarters
|
|
864
New Jersey Resources
NJR
$5.23B
| $22.5M | 0.01% |
584,790
-7,419
| -1% | -$268K |
2013 Q2
12 quarters
|
|
865
DELISTED
Sprint Corporation
S
| $22.5M | 0.01% |
4,970,617
+149,835
| +3% | +$555K |
2013 Q3
11 quarters
|
|
866
Oshkosh
OSK
$7.95B
| $22.4M | 0.01% |
470,468
+6,129
| +1% | +$272K |
2013 Q2
12 quarters
|
|
867
Prosperity Bancshares
PB
$8.11B
| $22.4M | 0.01% |
439,673
+11,103
| +3% | +$559K |
2013 Q2
12 quarters
|
|
|
CY
868
DELISTED
Cypress Semiconductor
CY
| $22.4M | 0.01% |
2,118,877
-21,609
| -1% | -$206K |
2013 Q2
12 quarters
|
|
869
DELISTED
Masimo
MASI
| $22.3M | 0.01% |
425,127
-1,235
| -0.3% | -$58.2K |
2013 Q2
12 quarters
|
|
870
Bank OZK
OZK
$5B
| $22.3M | 0.01% |
593,041
+39,788
| +7% | +$1.57M |
2013 Q2
12 quarters
|
|
871
Cullen/Frost Bankers
CFR
$9.58B
| $22.2M | 0.01% |
347,696
+10,420
| +3% | +$643K |
2013 Q2
12 quarters
|
|
872
Take-Two Interactive
TTWO
$39.2B
| $22.2M | 0.01% |
584,202
+13,202
| +2% | +$486K |
2013 Q2
12 quarters
|
|
873
Jabil
JBL
$30.1B
| $22.1M | 0.01% |
1,199,107
+43,313
| +4% | +$788K |
2013 Q2
12 quarters
|
|
|
LHO
874
DELISTED
LaSalle Hotel Properties
LHO
| $22.1M | 0.01% |
937,376
-3,785
| -0.4% | -$89.5K |
2013 Q2
12 quarters
|
|
875
MKS Inc
MKSI
$15.5B
| $22M | 0.01% |
511,368
+11,201
| +2% | +$435K |
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.