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 | |
|---|---|---|---|---|---|---|
976
Molina Healthcare
MOH
$10B
| $19M | 0.01% |
380,019
-48,224
| -11% | -$2.58M |
|
|
PRA
977
DELISTED
ProAssurance
PRA
| $19M | 0.01% |
353,931
+14,126
| +4% | +$708K |
|
|
ROIC
978
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $18.9M | 0.01% |
873,922
-29,444
| -3% | -$595K |
|
|
BECN
979
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $18.8M | 0.01% |
414,275
+68,152
| +20% | +$2.93M |
|
|
MIK
980
DELISTED
Michaels Stores, Inc
MIK
| $18.8M | 0.01% |
662,357
-57,137
| -8% | -$1.61M |
|
981
ITT
ITT
$19.2B
| $18.8M | 0.01% |
586,964
+24,376
| +4% | +$874K |
|
|
TXNM
982
TXNM Energy Inc
TXNM
$5.92B
| $18.8M | 0.01% |
529,341
+16,767
| +3% | +$551K |
|
983
Dycom Industries
DY
$12B
| $18.6M | 0.01% |
207,396
-2,951
| -1% | -$223K |
|
984
Crane NXT
CXT
$3.13B
| $18.6M | 0.01% |
943,581
+60,934
| +7% | +$1.19M |
|
985
EPAM Systems
EPAM
$4.86B
| $18.5M | 0.01% |
288,288
+9,301
| +3% | +$679K |
|
|
DOC
986
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $18.5M | 0.01% |
882,261
+231,663
| +36% | +$4.44M |
|
|
PFPT
987
DELISTED
Proofpoint, Inc.
PFPT
| $18.5M | 0.01% |
293,631
+4,932
| +2% | +$282K |
|
|
VRE
988
DELISTED
Veris Residential
VRE
| $18.5M | 0.01% |
685,705
-64,655
| -9% | -$1.65M |
|
|
VSTO
989
DELISTED
Vista Outdoor Inc.
VSTO
| $18.5M | 0.01% |
387,763
+2,999
| +0.8% | +$145K |
|
990
Littelfuse
LFUS
$11.7B
| $18.5M | 0.01% |
156,585
+2,150
| +1% | +$250K |
|
991
Brookdale Senior Living
BKD
$3.43B
| $18.5M | 0.01% |
1,198,094
+56,635
| +5% | +$988K |
|
992
Ionis Pharmaceuticals
IONS
$9.06B
| $18.5M | 0.01% |
793,668
+32,717
| +4% | +$1.06M |
|
|
MDSO
993
DELISTED
Medidata Solutions, Inc.
MDSO
| $18.5M | 0.01% |
393,746
+9,670
| +3% | +$421K |
|
994
Nabors Industries
NBR
$1.23B
| $18.4M | 0.01% |
36,698
+1,374
| +4% | +$649K |
|
|
ELLI
995
DELISTED
Ellie Mae Inc
ELLI
| $18.2M | 0.01% |
199,060
+7,632
| +4% | +$649K |
|
|
BWLD
996
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $18.2M | 0.01% |
131,011
+4,572
| +4% | +$647K |
|
|
HZNP
997
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $18.2M | 0.01% |
1,104,758
+272,780
| +33% | +$4.41M |
|
998
Telephone and Data Systems
TDS
$4.1B
| $18.2M | 0.01% |
612,780
+27,457
| +5% | +$790K |
|
999
Federated Hermes
FHI
$4.72B
| $18.1M | 0.01% |
630,093
+39,374
| +7% | +$1.2M |
|
1000
Monolithic Power Systems
MPWR
$66.8B
| $18.1M | 0.01% |
264,958
+9,907
| +4% | +$649K |
|
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.