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 | |
|---|---|---|---|---|---|---|
1076
Smith & Wesson
SWBI
$651M
| $16.2M | 0.01% |
774,079
+46,292
| +6% | +$827K |
|
1077
Worthington Enterprises
WOR
$2.83B
| $16.2M | 0.01% |
620,066
+36,245
| +6% | +$837K |
|
1078
Sinclair Inc
SBGI
$1.07B
| $16.1M | 0.01% |
539,808
-133,413
| -20% | -$4.18M |
|
|
AKRX
1079
DELISTED
Akorn Inc
AKRX
| $16.1M | 0.01% |
565,720
+48,840
| +9% | +$1.35M |
|
1080
Ciena
CIEN
$57.2B
| $16.1M | 0.01% |
859,361
+44,612
| +5% | +$808K |
|
1081
John Wiley & Sons Class A
WLY
$2.72B
| $16.1M | 0.01% |
307,942
-5,478
| -2% | -$277K |
|
|
KATE
1082
DELISTED
Kate Spade & Company
KATE
| $16.1M | 0.01% |
779,614
+25,389
| +3% | +$579K |
|
1083
Cousins Properties
CUZ
$4.91B
| $16.1M | 0.01% |
547,030
-29,877
| -5% | -$888K |
|
|
VRNT
1084
DELISTED
Verint Systems
VRNT
| $16M | 0.01% |
950,757
+113,718
| +14% | +$1.97M |
|
1085
Compass Minerals
CMP
$1.08B
| $16M | 0.01% |
215,874
+16,778
| +8% | +$1.27M |
|
1086
Regal Rexnord
RRX
$11.9B
| $15.9M | 0.01% |
289,599
+7,416
| +3% | +$446K |
|
|
MDRX
1087
DELISTED
Veradigm Inc. Common Stock
MDRX
| $15.9M | 0.01% |
1,254,887
+36,140
| +3% | +$479K |
|
|
CVG
1088
DELISTED
Convergys
CVG
| $15.9M | 0.01% |
636,963
-24,974
| -4% | -$673K |
|
1089
Brinker International
EAT
$9.75B
| $15.9M | 0.01% |
349,268
-442
| -0.1% | -$20.2K |
|
|
DMC
1090
Del Monte Corp
DMC
$1.41B
| $15.9M | 0.01% |
291,823
+63,971
| +28% | +$3.13M |
|
|
WNR
1091
DELISTED
Western Refining Inc
WNR
| $15.8M | 0.01% |
767,827
-88,948
| -10% | -$2.09M |
|
|
VWR
1092
DELISTED
VWR Corporation
VWR
| $15.8M | 0.01% |
547,019
+140,980
| +35% | +$3.95M |
|
1093
MGE Energy Inc
MGEE
$3.05B
| $15.8M | 0.01% |
279,261
+8,920
| +3% | +$462K |
|
1094
First Financial Bankshares
FFIN
$4.97B
| $15.8M | 0.01% |
962,518
+28,668
| +3% | +$456K |
|
|
DF
1095
DELISTED
Dean Foods Company
DF
| $15.8M | 0.01% |
871,373
+151,847
| +21% | +$2.69M |
|
1096
Minerals Technologies
MTX
$2.34B
| $15.7M | 0.01% |
276,915
+1,030
| +0.4% | +$59.8K |
|
|
KITE
1097
DELISTED
Kite Pharma, Inc.
KITE
| $15.7M | 0.01% |
314,073
+31,267
| +11% | +$1.54M |
|
1098
Radian Group
RDN
$4.82B
| $15.7M | 0.01% |
1,506,821
+87,323
| +6% | +$1.03M |
|
1099
XPO
XPO
$23B
| $15.7M | 0.01% |
1,726,489
+137,784
| +9% | +$1.37M |
|
|
RAX
1100
DELISTED
Rackspace Hosting Inc
RAX
| $15.7M | 0.01% |
751,517
+39,450
| +6% | +$922K |
|
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.