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 | |
|---|---|---|---|---|---|---|---|
976
Molina Healthcare
MOH
$11.1B
| $19M | 0.01% |
380,019
-48,224
| -11% | -$2.58M |
2013 Q2
12 quarters
|
|
977
DELISTED
ProAssurance
PRA
| $19M | 0.01% |
353,931
+14,126
| +4% | +$708K |
2013 Q2
12 quarters
|
|
978
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $18.9M | 0.01% |
873,922
-29,444
| -3% | -$595K |
2013 Q2
12 quarters
|
|
979
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $18.8M | 0.01% |
414,275
+68,152
| +20% | +$2.93M |
2013 Q2
12 quarters
|
|
|
MIK
980
DELISTED
Michaels Stores, Inc
MIK
| $18.8M | 0.01% |
662,357
-57,137
| -8% | -$1.61M |
2014 Q3
7 quarters
|
|
981
ITT
ITT
$18B
| $18.8M | 0.01% |
586,964
+24,376
| +4% | +$874K |
2013 Q2
12 quarters
|
|
982
TXNM Energy Inc
TXNM
$6.45B
| $18.8M | 0.01% |
529,341
+16,767
| +3% | +$551K |
2013 Q2
12 quarters
|
|
983
Dycom Industries
DY
$7.77B
| $18.6M | 0.01% |
207,396
-2,951
| -1% | -$223K |
2013 Q2
12 quarters
|
|
984
Crane NXT
CXT
$3.12B
| $18.6M | 0.01% |
943,581
+60,934
| +7% | +$1.19M |
2013 Q2
12 quarters
|
|
985
EPAM Systems
EPAM
$6.31B
| $18.5M | 0.01% |
288,288
+9,301
| +3% | +$679K |
2013 Q2
12 quarters
|
|
986
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $18.5M | 0.01% |
882,261
+231,663
| +36% | +$4.44M |
2013 Q3
11 quarters
|
|
|
PFPT
987
DELISTED
Proofpoint, Inc.
PFPT
| $18.5M | 0.01% |
293,631
+4,932
| +2% | +$282K |
2013 Q2
12 quarters
|
|
|
VRE
988
DELISTED
Veris Residential
VRE
| $18.5M | 0.01% |
685,705
-64,655
| -9% | -$1.65M |
2013 Q2
12 quarters
|
|
989
DELISTED
Vista Outdoor Inc.
VSTO
| $18.5M | 0.01% |
387,763
+2,999
| +0.8% | +$145K |
2015 Q2
4 quarters
|
|
990
Littelfuse
LFUS
$9.95B
| $18.5M | 0.01% |
156,585
+2,150
| +1% | +$250K |
2013 Q2
12 quarters
|
|
991
Brookdale Senior Living
BKD
$2.41B
| $18.5M | 0.01% |
1,198,094
+56,635
| +5% | +$988K |
2013 Q2
12 quarters
|
|
992
Ionis Pharmaceuticals
IONS
$7.33B
| $18.5M | 0.01% |
793,668
+32,717
| +4% | +$1.06M |
2013 Q2
12 quarters
|
|
|
MDSO
993
DELISTED
Medidata Solutions, Inc.
MDSO
| $18.5M | 0.01% |
393,746
+9,670
| +3% | +$421K |
2013 Q2
12 quarters
|
|
994
Nabors Industries
NBR
$1.16B
| $18.4M | 0.01% |
36,698
+1,374
| +4% | +$649K |
2013 Q2
12 quarters
|
|
|
ELLI
995
DELISTED
Ellie Mae Inc
ELLI
| $18.2M | 0.01% |
199,060
+7,632
| +4% | +$649K |
2013 Q2
12 quarters
|
|
|
BWLD
996
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $18.2M | 0.01% |
131,011
+4,572
| +4% | +$647K |
2013 Q2
12 quarters
|
|
|
HZNP
997
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $18.2M | 0.01% |
1,104,758
+272,780
| +33% | +$4.41M |
2013 Q2
12 quarters
|
|
998
Telephone and Data Systems
TDS
$3.92B
| $18.2M | 0.01% |
612,780
+27,457
| +5% | +$790K |
2013 Q2
12 quarters
|
|
999
Federated Hermes
FHI
$4.22B
| $18.1M | 0.01% |
630,093
+39,374
| +7% | +$1.2M |
2013 Q2
12 quarters
|
|
1000
Monolithic Power Systems
MPWR
$61.4B
| $18.1M | 0.01% |
264,958
+9,907
| +4% | +$649K |
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.