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 | |
|---|---|---|---|---|---|---|---|
|
MBFI
1001
DELISTED
MB Financial Corp
MBFI
| $18.1M | 0.01% |
498,596
+7
| +0% | +$242 |
2013 Q2
12 quarters
|
|
1002
United Bankshares
UBSI
$6.35B
| $18.1M | 0.01% |
482,028
+19,680
| +4% | +$742K |
2013 Q2
12 quarters
|
|
1003
Bloomin' Brands
BLMN
$850M
| $18.1M | 0.01% |
1,010,699
-19,403
| -2% | -$359K |
2013 Q2
12 quarters
|
|
1004
Saic
SAIC
$5.59B
| $18M | 0.01% |
308,749
+18,959
| +7% | +$1.03M |
2013 Q4
10 quarters
|
|
1005
Trip.com Group
TCOM
$25.1B
| $18M | 0.01% |
437,192
+242,274
| +124% | +$10.6M |
2013 Q2
12 quarters
|
|
1006
Dolby
DLB
$5.7B
| $17.9M | 0.01% |
374,613
+3,902
| +1% | +$178K |
2013 Q2
12 quarters
|
|
|
SPN
1007
DELISTED
Superior Energy Services, Inc.
SPN
| $17.9M | 0.01% |
97,274
+3,262
| +3% | +$533K |
2013 Q2
12 quarters
|
|
1008
Clean Harbors
CLH
$16.9B
| $17.9M | 0.01% |
342,941
+22,672
| +7% | +$1.13M |
2013 Q2
12 quarters
|
|
|
PGRE
1009
DELISTED
Paramount Group
PGRE
| $17.8M | 0.01% |
1,119,316
+51,113
| +5% | +$832K |
2014 Q4
6 quarters
|
|
1010
SLM Corp
SLM
$4.18B
| $17.8M | 0.01% |
2,883,591
+167,083
| +6% | +$1.09M |
2013 Q2
12 quarters
|
|
1011
Primerica
PRI
$8.65B
| $17.8M | 0.01% |
310,917
+5,806
| +2% | +$301K |
2013 Q2
12 quarters
|
|
|
WBMD
1012
DELISTED
WebMD Health Corp.
WBMD
| $17.8M | 0.01% |
305,505
+405
| +0.1% | +$25.3K |
2013 Q2
12 quarters
|
|
|
CAA
1013
DELISTED
CalAtlantic Group, Inc.
CAA
| $17.7M | 0.01% |
482,728
-17,715
| -4% | -$622K |
2013 Q2
12 quarters
|
|
1014
GameStop
GME
$14.1B
| $17.7M | 0.01% |
2,666,556
-1,004,348
| -27% | -$7.35M |
2013 Q2
12 quarters
|
|
1015
Hecla Mining
HL
$10.5B
| $17.7M | 0.01% |
3,474,010
+683,660
| +25% | +$2.76M |
2013 Q2
12 quarters
|
|
1016
National Health Investors
NHI
$3.23B
| $17.7M | 0.01% |
235,835
+5,464
| +2% | +$379K |
2013 Q2
12 quarters
|
|
1017
Erie Indemnity
ERIE
$12.5B
| $17.7M | 0.01% |
178,005
+4,211
| +2% | +$401K |
2013 Q2
12 quarters
|
|
1018
Five Below
FIVE
$12.3B
| $17.7M | 0.01% |
380,928
+14,718
| +4% | +$615K |
2013 Q2
12 quarters
|
|
|
WPX
1019
DELISTED
WPX Energy, Inc.
WPX
| $17.7M | 0.01% |
1,898,689
+443,704
| +30% | +$4M |
2013 Q2
12 quarters
|
|
1020
DELISTED
Hawaiian Holdings, Inc.
HA
| $17.7M | 0.01% |
465,459
+22,079
| +5% | +$934K |
2013 Q2
12 quarters
|
|
1021
EastGroup Properties
EGP
$10.5B
| $17.6M | 0.01% |
255,276
-2,358
| -0.9% | -$150K |
2013 Q2
12 quarters
|
|
1022
U-Haul Holding Co
UHAL
$11.2B
| $17.6M | 0.01% |
469,230
+11,070
| +2% | +$400K |
2013 Q2
12 quarters
|
|
1023
Pilgrim's Pride
PPC
$6.88B
| $17.5M | 0.01% |
685,990
-338,826
| -33% | -$8.51M |
2013 Q2
12 quarters
|
|
1024
DELISTED
Pandora Media Inc
P
| $17.5M | 0.01% |
1,403,912
+136,202
| +11% | +$1.42M |
2013 Q2
12 quarters
|
|
|
DWRE
1025
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $17.4M | 0.01% |
232,938
+15,394
| +7% | +$832K |
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.