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 | |
|---|---|---|---|---|---|---|---|
876
Leidos
LDOS
$15.6B
| $22M | 0.01% |
459,377
+36,281
| +9% | +$1.79M |
2013 Q2
12 quarters
|
|
877
DELISTED
Webster Financial
WBS
| $22M | 0.01% |
647,092
+22,460
| +4% | +$818K |
2013 Q2
12 quarters
|
|
878
Liberty Latin America Class C
LILAK
$1.6B
| $22M | 0.01% |
789,656
+584,633
| +285% | +$19.4M |
2015 Q3
3 quarters
|
|
879
Madison Square Garden
MSGS
$9.74B
| $21.9M | 0.01% |
177,746
+5,562
| +3% | +$653K |
2013 Q2
12 quarters
|
|
|
CMD
880
DELISTED
Cantel Medical Corporation
CMD
| $21.9M | 0.01% |
318,129
+8,107
| +3% | +$559K |
2013 Q2
12 quarters
|
|
881
Brandywine Realty Trust
BDN
$453M
| $21.8M | 0.01% |
1,296,814
-44,666
| -3% | -$681K |
2013 Q2
12 quarters
|
|
882
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $21.8M | 0.01% |
+961,398
| New | +$22.1M |
2016 Q2
0 quarters
|
|
883
Sensient Technologies
SXT
$5.68B
| $21.7M | 0.01% |
305,266
+56
| +0% | +$3.79K |
2013 Q2
12 quarters
|
|
884
AGCO
AGCO
$7.44B
| $21.7M | 0.01% |
460,213
+174
| +0% | +$8.94K |
2013 Q2
12 quarters
|
|
|
CLGX
885
DELISTED
Corelogic, Inc.
CLGX
| $21.7M | 0.01% |
563,191
+14,325
| +3% | +$523K |
2013 Q2
12 quarters
|
|
886
Sprouts Farmers Market
SFM
$6.21B
| $21.6M | 0.01% |
944,089
+27,099
| +3% | +$693K |
2013 Q3
11 quarters
|
|
|
GWR
887
DELISTED
Genesee & Wyoming Inc.
GWR
| $21.6M | 0.01% |
366,599
+24,124
| +7% | +$1.48M |
2013 Q2
12 quarters
|
|
888
Healthcare Services Group
HCSG
$1.47B
| $21.6M | 0.01% |
521,174
+7,143
| +1% | +$274K |
2013 Q2
12 quarters
|
|
889
Fulton Financial
FULT
$4.27B
| $21.5M | 0.01% |
1,595,420
+67,290
| +4% | +$921K |
2013 Q2
12 quarters
|
|
|
DWA
890
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $21.5M | 0.01% |
526,443
+26,723
| +5% | +$964K |
2013 Q2
12 quarters
|
|
891
Morningstar
MORN
$7.85B
| $21.5M | 0.01% |
263,015
+20,417
| +8% | +$1.71M |
2013 Q2
12 quarters
|
|
892
Spire
SR
$4.77B
| $21.4M | 0.01% |
302,464
+4,442
| +1% | +$292K |
2013 Q2
12 quarters
|
|
893
COPT Defense Properties
CDP
$3.77B
| $21.4M | 0.01% |
724,137
-20,505
| -3% | -$551K |
2013 Q2
12 quarters
|
|
894
Urban Edge Properties
UE
$2.44B
| $21.4M | 0.01% |
716,636
-33,681
| -4% | -$902K |
2015 Q2
4 quarters
|
|
895
Black Hills Corp
BKH
$5.79B
| $21.4M | 0.01% |
339,190
+7,067
| +2% | +$426K |
2013 Q2
12 quarters
|
|
896
NCR Voyix
VYX
$1.04B
| $21.4M | 0.01% |
1,254,821
+5,560
| +0.4% | +$101K |
2013 Q2
12 quarters
|
|
897
Flowers Foods
FLO
$1.3B
| $21.3M | 0.01% |
1,138,476
+16,476
| +1% | +$307K |
2013 Q2
12 quarters
|
|
898
Outfront Media
OUT
$5.28B
| $21.3M | 0.01% |
896,977
+31,168
| +4% | +$683K |
2014 Q2
8 quarters
|
|
|
CBI
899
DELISTED
Chicago Bridge & Iron Nv
CBI
| $21.3M | 0.01% |
615,857
+14,616
| +2% | +$539K |
2013 Q2
12 quarters
|
|
900
Patterson-UTI
PTEN
$4.31B
| $21.3M | 0.01% |
998,896
+31,092
| +3% | +$586K |
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.