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 | |
|---|---|---|---|---|---|---|
|
SJI
1051
DELISTED
South Jersey Industries, Inc.
SJI
| $16.8M | 0.01% |
530,720
+76,859
| +17% | +$2.2M |
|
1052
Nu Skin
NUS
$252M
| $16.7M | 0.01% |
362,099
+4,528
| +1% | +$182K |
|
1053
Belden
BDC
$5.05B
| $16.7M | 0.01% |
276,831
+8,894
| +3% | +$556K |
|
1054
UMB Financial
UMBF
$11B
| $16.7M | 0.01% |
314,087
+12,587
| +4% | +$684K |
|
|
RICE
1055
DELISTED
Rice Energy Inc.
RICE
| $16.7M | 0.01% |
758,297
+279,078
| +58% | +$5.22M |
|
1056
Tenet Healthcare
THC
$20.7B
| $16.7M | 0.01% |
604,529
-188,702
| -24% | -$5.58M |
|
|
STRZA
1057
DELISTED
Starz - Series A
STRZA
| $16.7M | 0.01% |
558,170
-10,597
| -2% | -$282K |
|
|
RSPP
1058
DELISTED
RSP Permian, Inc.
RSPP
| $16.7M | 0.01% |
478,189
+36,941
| +8% | +$1.19M |
|
|
AL
1059
DELISTED
Air Lease Corp
AL
| $16.7M | 0.01% |
622,230
+40,382
| +7% | +$1.2M |
|
1060
Darling Ingredients
DAR
$9.62B
| $16.6M | 0.01% |
1,113,458
-16,583
| -1% | -$240K |
|
|
DATA
1061
DELISTED
Tableau Software, Inc.
DATA
| $16.5M | 0.01% |
338,179
+24,381
| +8% | +$1.22M |
|
|
FCS
1062
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $16.5M | 0.01% |
831,602
+17,005
| +2% | +$339K |
|
1063
Wolfspeed
WOLF
$1.43B
| $16.5M | 0.01% |
675,334
-2,061
| -0.3% | -$50.1K |
|
1064
Associated Banc-Corp
ASB
$5.88B
| $16.5M | 0.01% |
961,186
+8,143
| +0.9% | +$145K |
|
1065
ACI Worldwide
ACIW
$5.61B
| $16.4M | 0.01% |
843,014
+17,640
| +2% | +$358K |
|
1066
Unifirst Corp
UNF
$5.22B
| $16.4M | 0.01% |
142,110
+3,700
| +3% | +$413K |
|
1067
Allegiant Air
ALGT
$2.61B
| $16.4M | 0.01% |
108,362
+14,712
| +16% | +$2.27M |
|
|
GRUB
1068
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $16.4M | 0.01% |
264,054
+8,261
| +3% | +$434K |
|
1069
Integra LifeSciences
IART
$1.33B
| $16.4M | 0.01% |
410,574
+4,278
| +1% | +$154K |
|
1070
FNB Corp
FNB
$6.75B
| $16.3M | 0.01% |
1,301,421
+28,466
| +2% | +$368K |
|
|
MENT
1071
DELISTED
Mentor Graphics Corp
MENT
| $16.3M | 0.01% |
766,375
+21,801
| +3% | +$453K |
|
|
IBKC
1072
DELISTED
IBERIABANK Corp
IBKC
| $16.3M | 0.01% |
272,753
+8,156
| +3% | +$473K |
|
|
WPG
1073
DELISTED
Washington Prime Group Inc.
WPG
| $16.2M | 0.01% |
161,206
-926
| -0.6% | -$86.7K |
|
1074
Louisiana-Pacific
LPX
$5.3B
| $16.2M | 0.01% |
935,132
+26,893
| +3% | +$474K |
|
|
MGLN
1075
DELISTED
Magellan Health Services, Inc.
MGLN
| $16.2M | 0.01% |
246,046
-7,049
| -3% | -$475K |
|
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.