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 | |
|---|---|---|---|---|---|---|---|
|
TRCO
926
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $20.5M | 0.01% |
522,836
+676
| +0.1% | +$26.2K |
2015 Q1
5 quarters
|
|
927
Opko Health
OPK
$1.2B
| $20.4M | 0.01% |
2,186,104
+262,649
| +14% | +$2.67M |
2013 Q2
12 quarters
|
|
928
Acadia Realty Trust
AKR
$2.54B
| $20.4M | 0.01% |
574,364
-23,341
| -4% | -$799K |
2013 Q2
12 quarters
|
|
929
Veeva Systems
VEEV
$50.7B
| $20.4M | 0.01% |
597,076
+120,098
| +25% | +$3.57M |
2013 Q4
10 quarters
|
|
930
Bankunited
BKU
$2.99B
| $20.4M | 0.01% |
662,475
+34,308
| +5% | +$1.14M |
2013 Q2
12 quarters
|
|
931
Avista
AVA
$3.03B
| $20.3M | 0.01% |
453,902
+19,917
| +5% | +$816K |
2013 Q2
12 quarters
|
|
|
NUVA
932
DELISTED
NuVasive, Inc.
NUVA
| $20.3M | 0.01% |
340,503
-21,307
| -6% | -$1.15M |
2013 Q2
12 quarters
|
|
933
DELISTED
CBL& Associates Properties, Inc.
CBL
| $20.3M | 0.01% |
2,182,993
+284,632
| +15% | +$3.08M |
2013 Q2
12 quarters
|
|
934
Chemed
CHE
$6.74B
| $20.3M | 0.01% |
148,691
+10,626
| +8% | +$1.41M |
2013 Q2
12 quarters
|
|
935
DELISTED
Team Health Holdings Inc
TMH
| $20.3M | 0.01% |
498,097
-19,679
| -4% | -$858K |
2013 Q2
12 quarters
|
|
936
JD.com
JD
$37B
| $20.2M | 0.01% |
954,482
+535,413
| +128% | +$12.9M |
2014 Q2
8 quarters
|
|
937
Cabot Corp
CBT
$3.9B
| $20.2M | 0.01% |
442,315
+7,107
| +2% | +$331K |
2013 Q2
12 quarters
|
|
938
Universal Display
OLED
$3.6B
| $20.2M | 0.01% |
297,414
+6,472
| +2% | +$398K |
2013 Q2
12 quarters
|
|
939
Helen of Troy
HELE
$691M
| $20.2M | 0.01% |
196,055
+3,202
| +2% | +$323K |
2013 Q2
12 quarters
|
|
940
Avient
AVNT
$3.58B
| $20.1M | 0.01% |
570,840
+1,416
| +0.2% | +$49.9K |
2013 Q2
12 quarters
|
|
|
MSGN
941
DELISTED
MSG Networks Inc.
MSGN
| $20.1M | 0.01% |
1,309,212
+75,279
| +6% | +$1.27M |
2015 Q4
2 quarters
|
|
942
Bank of Hawaii
BOH
$2.65B
| $20M | 0.01% |
290,976
+13,745
| +5% | +$946K |
2013 Q2
12 quarters
|
|
943
Moog Inc Class A
MOG.A
$11.6B
| $20M | 0.01% |
370,888
+27,844
| +8% | +$1.41M |
2013 Q2
12 quarters
|
|
944
First Horizon
FHN
$10.8B
| $20M | 0.01% |
1,449,473
+28,893
| +2% | +$400K |
2013 Q2
12 quarters
|
|
|
QLIK
945
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $20M | 0.01% |
674,649
+40,421
| +6% | +$1.21M |
2013 Q2
12 quarters
|
|
|
TSRO
946
DELISTED
TESARO, Inc.
TSRO
| $19.9M | 0.01% |
237,044
+40,001
| +20% | +$1.78M |
2013 Q2
12 quarters
|
|
947
ScottsMiracle-Gro
SMG
$3.16B
| $19.9M | 0.01% |
284,869
+7,564
| +3% | +$526K |
2013 Q2
12 quarters
|
|
948
B&G Foods
BGS
$197M
| $19.9M | 0.01% |
413,026
+22,894
| +6% | +$933K |
2013 Q2
12 quarters
|
|
949
Spectrum Brands
SPB
$1.81B
| $19.9M | 0.01% |
166,801
+1,769
| +1% | +$203K |
2013 Q2
12 quarters
|
|
950
Cirrus Logic
CRUS
$5.43B
| $19.9M | 0.01% |
512,127
-59,966
| -10% | -$2.15M |
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.