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 | |
|---|---|---|---|---|---|---|
851
Apple Hospitality REIT
APLE
$3.77B
| $22.9M | 0.01% |
1,220,119
-59,298
| -5% | -$1.11M |
|
852
MSC Industrial Direct
MSM
$6.92B
| $22.9M | 0.01% |
324,913
+32,835
| +11% | +$2.44M |
|
853
Sunstone Hotel Investors
SHO
$2.1B
| $22.9M | 0.01% |
1,896,628
-32,624
| -2% | -$409K |
|
854
Woodward
WWD
$21.6B
| $22.9M | 0.01% |
396,775
+2,673
| +0.7% | +$148K |
|
|
EQY
855
DELISTED
Equity One
EQY
| $22.9M | 0.01% |
710,205
-31,040
| -4% | -$909K |
|
856
Wintrust Financial
WTFC
$10.7B
| $22.8M | 0.01% |
447,476
+31,875
| +8% | +$1.6M |
|
|
IMS
857
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $22.8M | 0.01% |
898,578
-95,637
| -10% | -$2.45M |
|
858
United Natural Foods
UNFI
$2.9B
| $22.8M | 0.01% |
486,426
+25,371
| +6% | +$974K |
|
|
CHK
859
DELISTED
Chesapeake Energy Corporation
CHK
| $22.8M | 0.01% |
26,617
+4,929
| +23% | +$4.73M |
|
860
Viasat
VSAT
$11.3B
| $22.7M | 0.01% |
317,722
+11,232
| +4% | +$818K |
|
|
CCP
861
DELISTED
Care Capital Properties, Inc.
CCP
| $22.7M | 0.01% |
864,294
+50,786
| +6% | +$1.33M |
|
862
Watsco Inc
WSO
$13.2B
| $22.6M | 0.01% |
160,579
+7,887
| +5% | +$1.06M |
|
863
World Kinect Corp
WKC
$1.9B
| $22.6M | 0.01% |
474,953
+17,545
| +4% | +$817K |
|
864
New Jersey Resources
NJR
$5.53B
| $22.5M | 0.01% |
584,790
-7,419
| -1% | -$268K |
|
|
S
865
DELISTED
Sprint Corporation
S
| $22.5M | 0.01% |
4,970,617
+149,835
| +3% | +$555K |
|
866
Oshkosh
OSK
$9.47B
| $22.4M | 0.01% |
470,468
+6,129
| +1% | +$272K |
|
867
Prosperity Bancshares
PB
$8.88B
| $22.4M | 0.01% |
439,673
+11,103
| +3% | +$559K |
|
|
CY
868
DELISTED
Cypress Semiconductor
CY
| $22.4M | 0.01% |
2,118,877
-21,609
| -1% | -$206K |
|
|
MASI
869
DELISTED
Masimo
MASI
| $22.3M | 0.01% |
425,127
-1,235
| -0.3% | -$58.2K |
|
870
Bank OZK
OZK
$5.63B
| $22.3M | 0.01% |
593,041
+39,788
| +7% | +$1.57M |
|
871
Cullen/Frost Bankers
CFR
$10.2B
| $22.2M | 0.01% |
347,696
+10,420
| +3% | +$643K |
|
872
Take-Two Interactive
TTWO
$43.5B
| $22.2M | 0.01% |
584,202
+13,202
| +2% | +$486K |
|
873
Jabil
JBL
$36.1B
| $22.1M | 0.01% |
1,199,107
+43,313
| +4% | +$788K |
|
|
LHO
874
DELISTED
LaSalle Hotel Properties
LHO
| $22.1M | 0.01% |
937,376
-3,785
| -0.4% | -$89.5K |
|
875
MKS Inc
MKSI
$19.7B
| $22M | 0.01% |
511,368
+11,201
| +2% | +$435K |
|
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.