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 | |
|---|---|---|---|---|---|---|
901
EnerSys
ENS
$6.83B
| $21.3M | 0.01% |
358,089
+68,195
| +24% | +$4.02M |
|
|
TWO
902
Two Harbors Investment
TWO
$1.26B
| $21.3M | 0.01% |
310,950
+5,388
| +2% | +$355K |
|
903
Live Nation Entertainment
LYV
$42.3B
| $21.3M | 0.01% |
904,333
+45,554
| +5% | +$1.04M |
|
|
SGI
904
Somnigroup International
SGI
$13.6B
| $21.2M | 0.01% |
1,535,424
-308,848
| -17% | -$4.56M |
|
905
Ryman Hospitality Properties
RHP
$7.84B
| $21.2M | 0.01% |
419,047
+2,898
| +0.7% | +$147K |
|
906
WEX
WEX
$6.46B
| $21.2M | 0.01% |
239,048
+9,472
| +4% | +$845K |
|
907
Kirby Corp
KEX
$7.11B
| $21.2M | 0.01% |
339,657
+11,522
| +4% | +$755K |
|
908
Energizer
ENR
$1.48B
| $21.2M | 0.01% |
411,563
+27,423
| +7% | +$1.25M |
|
909
Popular Inc
BPOP
$11.2B
| $21.1M | 0.01% |
721,036
+40,090
| +6% | +$1.18M |
|
910
Texas Roadhouse
TXRH
$13.7B
| $21.1M | 0.01% |
462,199
+1,717
| +0.4% | +$75.9K |
|
|
BIG
911
DELISTED
Big Lots, Inc.
BIG
| $21M | 0.01% |
420,031
-59,882
| -12% | -$2.84M |
|
912
Acadia Pharmaceuticals
ACAD
$4.9B
| $21M | 0.01% |
648,089
-26,928
| -4% | -$901K |
|
913
Selective Insurance
SIGI
$5.77B
| $21M | 0.01% |
550,266
+4,736
| +0.9% | +$171K |
|
914
Rayonier
RYN
$6.45B
| $20.9M | 0.01% |
878,996
+35,109
| +4% | +$806K |
|
915
Prestige Consumer Healthcare
PBH
$2.58B
| $20.9M | 0.01% |
377,284
-2,695
| -0.7% | -$148K |
|
|
HTZ
916
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $20.9M | 0.01% |
+546,197
| New | +$20.5M |
|
917
Emcor
EME
$35.7B
| $20.8M | 0.01% |
422,310
+11,816
| +3% | +$563K |
|
918
Urban Outfitters
URBN
$6.65B
| $20.7M | 0.01% |
753,899
-17,959
| -2% | -$516K |
|
|
CST
919
DELISTED
CST Brands, Inc.
CST
| $20.7M | 0.01% |
480,537
+20,860
| +5% | +$826K |
|
920
CNO Financial Group
CNO
$5.14B
| $20.7M | 0.01% |
1,185,510
-11,091
| -0.9% | -$208K |
|
921
The GEO Group
GEO
$4.03B
| $20.7M | 0.01% |
906,450
-26,918
| -3% | -$594K |
|
|
CXP
922
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $20.6M | 0.01% |
963,307
-5,721
| -0.6% | -$124K |
|
|
AWH
923
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $20.6M | 0.01% |
586,527
+14,589
| +3% | +$525K |
|
|
AGR
924
DELISTED
Avangrid, Inc.
AGR
| $20.6M | 0.01% |
446,673
+16,519
| +4% | +$681K |
|
925
NetEase
NTES
$83.5B
| $20.6M | 0.01% |
533,855
+271,930
| +104% | +$8.46M |
|
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.