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 | |
|---|---|---|---|---|---|---|---|
|
PDCE
951
DELISTED
PDC Energy, Inc.
PDCE
| $19.8M | 0.01% |
344,412
+14,717
| +4% | +$874K |
2013 Q2
12 quarters
|
|
952
DELISTED
Coherent Inc
COHR
| $19.8M | 0.01% |
216,190
+1,833
| +0.9% | +$169K |
2013 Q2
12 quarters
|
|
953
Hudson Pacific Properties
HPP
$606M
| $19.8M | 0.01% |
96,950
+31,378
| +48% | +$6.33M |
2013 Q2
12 quarters
|
|
954
Western Alliance Bancorporation
WAL
$8.11B
| $19.8M | 0.01% |
606,079
+39,665
| +7% | +$1.39M |
2013 Q2
12 quarters
|
|
955
Avis
CAR
$3.88B
| $19.8M | 0.01% |
613,386
-23,885
| -4% | -$660K |
2013 Q2
12 quarters
|
|
956
IPG Photonics
IPGP
$3.14B
| $19.8M | 0.01% |
247,031
+9,697
| +4% | +$853K |
2013 Q2
12 quarters
|
|
957
NorthWestern Energy
NWE
$4.54B
| $19.7M | 0.01% |
312,269
+2,591
| +0.8% | +$153K |
2013 Q2
12 quarters
|
|
958
Jack in the Box
JACK
$243M
| $19.7M | 0.01% |
228,744
-11,370
| -5% | -$858K |
2013 Q2
12 quarters
|
|
|
IDTI
959
DELISTED
Integrated Device Technology I
IDTI
| $19.6M | 0.01% |
974,604
-250,775
| -20% | -$5.31M |
2013 Q2
12 quarters
|
|
|
CLC
960
DELISTED
Clarcor
CLC
| $19.5M | 0.01% |
321,224
-25,504
| -7% | -$1.49M |
2013 Q2
12 quarters
|
|
|
LNCE
961
DELISTED
Snyders-Lance, Inc.
LNCE
| $19.5M | 0.01% |
574,308
+48,160
| +9% | +$1.52M |
2013 Q2
12 quarters
|
|
|
ESV
962
DELISTED
Ensco Rowan plc
ESV
| $19.4M | 0.01% |
499,867
+141,085
| +39% | +$5.86M |
2013 Q2
12 quarters
|
|
963
Bright Horizons
BFAM
$3.42B
| $19.4M | 0.01% |
292,142
+13,078
| +5% | +$851K |
2013 Q2
12 quarters
|
|
964
Bio-Rad Laboratories Class A
BIO
$9.75B
| $19.4M | 0.01% |
135,426
+5,401
| +4% | +$770K |
2013 Q2
12 quarters
|
|
965
Landstar System
LSTR
$5.85B
| $19.3M | 0.01% |
281,249
+1,997
| +0.7% | +$132K |
2013 Q2
12 quarters
|
|
|
ATW
966
DELISTED
Atwood Oceanics
ATW
| $19.3M | 0.01% |
1,540,065
-205,578
| -12% | -$2.15M |
2013 Q2
12 quarters
|
|
967
The Marzetti Company
MZTI
$2.82B
| $19.3M | 0.01% |
151,079
+11,808
| +8% | +$1.4M |
2013 Q2
12 quarters
|
|
968
Valmont Industries
VMI
$8.71B
| $19.2M | 0.01% |
142,014
+3,256
| +2% | +$431K |
2013 Q2
12 quarters
|
|
969
Kite Realty
KRG
$4.91B
| $19.2M | 0.01% |
684,893
-30,380
| -4% | -$831K |
2013 Q2
12 quarters
|
|
|
NATI
970
DELISTED
National Instruments Corp
NATI
| $19.1M | 0.01% |
698,197
+86
| +0% | +$2.4K |
2013 Q2
12 quarters
|
|
|
JUNO
971
DELISTED
Juno Therapeutics, Inc.
JUNO
| $19.1M | 0.01% |
497,300
+73,639
| +17% | +$3.06M |
2014 Q4
6 quarters
|
|
|
LPNT
972
DELISTED
LifePoint Health, Inc.
LPNT
| $19M | 0.01% |
290,577
-8,722
| -3% | -$593K |
2013 Q2
12 quarters
|
|
|
GNC
973
DELISTED
GNC Holdings, Inc.
GNC
| $19M | 0.01% |
781,744
-273,773
| -26% | -$7.56M |
2013 Q2
12 quarters
|
|
974
Sanmina
SANM
$10.1B
| $19M | 0.01% |
707,882
-50,011
| -7% | -$1.25M |
2013 Q2
12 quarters
|
|
|
HRC
975
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $19M | 0.01% |
375,908
+18,394
| +5% | +$927K |
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.