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 | |
|---|---|---|---|---|---|---|
|
MBFI
1001
DELISTED
MB Financial Corp
MBFI
| $18.1M | 0.01% |
498,596
+7
| +0% | +$242 |
|
1002
United Bankshares
UBSI
$6.65B
| $18.1M | 0.01% |
482,028
+19,680
| +4% | +$742K |
|
1003
Bloomin' Brands
BLMN
$931M
| $18.1M | 0.01% |
1,010,699
-19,403
| -2% | -$359K |
|
1004
Saic
SAIC
$5.25B
| $18M | 0.01% |
308,749
+18,959
| +7% | +$1.03M |
|
1005
Trip.com Group
TCOM
$29.1B
| $18M | 0.01% |
437,192
+242,274
| +124% | +$10.6M |
|
1006
Dolby
DLB
$5.71B
| $17.9M | 0.01% |
374,613
+3,902
| +1% | +$178K |
|
|
SPN
1007
DELISTED
Superior Energy Services, Inc.
SPN
| $17.9M | 0.01% |
97,274
+3,262
| +3% | +$533K |
|
1008
Clean Harbors
CLH
$16.2B
| $17.9M | 0.01% |
342,941
+22,672
| +7% | +$1.13M |
|
|
PGRE
1009
DELISTED
Paramount Group
PGRE
| $17.8M | 0.01% |
1,119,316
+51,113
| +5% | +$832K |
|
1010
SLM Corp
SLM
$5.15B
| $17.8M | 0.01% |
2,883,591
+167,083
| +6% | +$1.09M |
|
1011
Primerica
PRI
$10.2B
| $17.8M | 0.01% |
310,917
+5,806
| +2% | +$301K |
|
|
WBMD
1012
DELISTED
WebMD Health Corp.
WBMD
| $17.8M | 0.01% |
305,505
+405
| +0.1% | +$25.3K |
|
|
CAA
1013
DELISTED
CalAtlantic Group, Inc.
CAA
| $17.7M | 0.01% |
482,728
-17,715
| -4% | -$622K |
|
1014
GameStop
GME
$8.63B
| $17.7M | 0.01% |
2,666,556
-1,004,348
| -27% | -$7.35M |
|
1015
Hecla Mining
HL
$10.7B
| $17.7M | 0.01% |
3,474,010
+683,660
| +25% | +$2.76M |
|
1016
National Health Investors
NHI
$3.65B
| $17.7M | 0.01% |
235,835
+5,464
| +2% | +$379K |
|
1017
Erie Indemnity
ERIE
$13.3B
| $17.7M | 0.01% |
178,005
+4,211
| +2% | +$401K |
|
1018
Five Below
FIVE
$12.8B
| $17.7M | 0.01% |
380,928
+14,718
| +4% | +$615K |
|
|
WPX
1019
DELISTED
WPX Energy, Inc.
WPX
| $17.7M | 0.01% |
1,898,689
+443,704
| +30% | +$4M |
|
|
HA
1020
DELISTED
Hawaiian Holdings, Inc.
HA
| $17.7M | 0.01% |
465,459
+22,079
| +5% | +$934K |
|
1021
EastGroup Properties
EGP
$10.8B
| $17.6M | 0.01% |
255,276
-2,358
| -0.9% | -$150K |
|
1022
U-Haul Holding Co
UHAL
$14.7B
| $17.6M | 0.01% |
469,230
+11,070
| +2% | +$400K |
|
1023
Pilgrim's Pride
PPC
$6.56B
| $17.5M | 0.01% |
685,990
-338,826
| -33% | -$8.51M |
|
|
P
1024
DELISTED
Pandora Media Inc
P
| $17.5M | 0.01% |
1,403,912
+136,202
| +11% | +$1.42M |
|
|
DWRE
1025
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $17.4M | 0.01% |
232,938
+15,394
| +7% | +$832K |
|
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.