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 | |
|---|---|---|---|---|---|---|---|
901
EnerSys
ENS
$6.23B
| $21.3M | 0.01% |
358,089
+68,195
| +24% | +$4.02M |
2013 Q2
12 quarters
|
|
|
TWO
902
DELISTED
Two Harbors Investment
TWO
| $21.3M | 0.01% |
310,950
+5,388
| +2% | +$355K |
2013 Q2
12 quarters
|
|
903
Live Nation Entertainment
LYV
$40.2B
| $21.3M | 0.01% |
904,333
+45,554
| +5% | +$1.04M |
2013 Q2
12 quarters
|
|
904
Somnigroup International
SGI
$14.9B
| $21.2M | 0.01% |
1,535,424
-308,848
| -17% | -$4.56M |
2013 Q2
12 quarters
|
|
905
Ryman Hospitality Properties
RHP
$8.65B
| $21.2M | 0.01% |
419,047
+2,898
| +0.7% | +$147K |
2013 Q2
12 quarters
|
|
906
WEX
WEX
$6.17B
| $21.2M | 0.01% |
239,048
+9,472
| +4% | +$845K |
2013 Q2
12 quarters
|
|
907
Kirby Corp
KEX
$7.24B
| $21.2M | 0.01% |
339,657
+11,522
| +4% | +$755K |
2013 Q2
12 quarters
|
|
908
Energizer
ENR
$1.51B
| $21.2M | 0.01% |
411,563
+27,423
| +7% | +$1.25M |
2015 Q2
4 quarters
|
|
909
Popular Inc
BPOP
$10B
| $21.1M | 0.01% |
721,036
+40,090
| +6% | +$1.18M |
2013 Q2
12 quarters
|
|
910
Texas Roadhouse
TXRH
$11.2B
| $21.1M | 0.01% |
462,199
+1,717
| +0.4% | +$75.9K |
2013 Q2
12 quarters
|
|
911
DELISTED
Big Lots, Inc.
BIG
| $21M | 0.01% |
420,031
-59,882
| -12% | -$2.84M |
2013 Q2
12 quarters
|
|
912
Acadia Pharmaceuticals
ACAD
$3.4B
| $21M | 0.01% |
648,089
-26,928
| -4% | -$901K |
2013 Q2
12 quarters
|
|
913
Selective Insurance
SIGI
$5.2B
| $21M | 0.01% |
550,266
+4,736
| +0.9% | +$171K |
2013 Q2
12 quarters
|
|
914
Rayonier
RYN
$5.64B
| $20.9M | 0.01% |
878,996
+35,109
| +4% | +$806K |
2013 Q2
12 quarters
|
|
915
Prestige Consumer Healthcare
PBH
$2.33B
| $20.9M | 0.01% |
377,284
-2,695
| -0.7% | -$148K |
2013 Q2
12 quarters
|
|
916
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $20.9M | 0.01% |
+546,197
| New | +$20.5M |
2016 Q2
0 quarters
|
|
917
Emcor
EME
$32.3B
| $20.8M | 0.01% |
422,310
+11,816
| +3% | +$563K |
2013 Q2
12 quarters
|
|
918
Urban Outfitters
URBN
$7.49B
| $20.7M | 0.01% |
753,899
-17,959
| -2% | -$516K |
2013 Q2
12 quarters
|
|
|
CST
919
DELISTED
CST Brands, Inc.
CST
| $20.7M | 0.01% |
480,537
+20,860
| +5% | +$826K |
2013 Q2
12 quarters
|
|
920
CNO Financial Group
CNO
$5.05B
| $20.7M | 0.01% |
1,185,510
-11,091
| -0.9% | -$208K |
2013 Q2
12 quarters
|
|
921
The GEO Group
GEO
$3.86B
| $20.7M | 0.01% |
906,450
-26,918
| -3% | -$594K |
2013 Q2
12 quarters
|
|
|
CXP
922
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $20.6M | 0.01% |
963,307
-5,721
| -0.6% | -$124K |
2013 Q4
10 quarters
|
|
923
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $20.6M | 0.01% |
586,527
+14,589
| +3% | +$525K |
2013 Q2
12 quarters
|
|
924
DELISTED
Avangrid, Inc.
AGR
| $20.6M | 0.01% |
446,673
+16,519
| +4% | +$681K |
2015 Q4
2 quarters
|
|
925
NetEase
NTES
$81.4B
| $20.6M | 0.01% |
533,855
+271,930
| +104% | +$8.46M |
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.