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 | |
|---|---|---|---|---|---|---|
|
WELL.PRI
1101
DELISTED
Welltower Inc.
WELL.PRI
| – | – |
0
| – | – |
|
|
CORE
1102
DELISTED
Core Mark Holding Co., Inc.
CORE
| $15.6M | 0.01% |
333,427
+9,811
| +3% | +$416K |
|
1103
WaFd
WAFD
$2.77B
| $15.6M | 0.01% |
643,078
+26,261
| +4% | +$631K |
|
|
X
1104
DELISTED
US Steel
X
| $15.6M | 0.01% |
925,231
+7,706
| +0.8% | +$129K |
|
|
CAVM
1105
DELISTED
Cavium, Inc.
CAVM
| $15.5M | 0.01% |
402,380
+16,031
| +4% | +$793K |
|
|
XHR
1106
Xenia Hotels & Resorts
XHR
$1.82B
| $15.5M | 0.01% |
924,643
-120,186
| -12% | -$1.89M |
|
1107
Generac Holdings
GNRC
$12.5B
| $15.5M | 0.01% |
442,274
+9,788
| +2% | +$361K |
|
1108
CACI
CACI
$13.9B
| $15.4M | 0.01% |
170,703
-2,000
| -1% | -$199K |
|
|
LXK
1109
DELISTED
Lexmark Intl Inc
LXK
| $15.4M | 0.01% |
408,672
-7,554
| -2% | -$279K |
|
|
CTB
1110
DELISTED
Cooper Tire & Rubber Co.
CTB
| $15.4M | 0.01% |
516,167
+26,333
| +5% | +$872K |
|
1111
Northwest Bancshares
NWBI
$2.29B
| $15.4M | 0.01% |
1,036,147
+58,959
| +6% | +$835K |
|
|
USG
1112
DELISTED
Usg
USG
| $15.3M | 0.01% |
569,326
+34,947
| +7% | +$954K |
|
|
CATM
1113
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $15.3M | 0.01% |
385,384
+3,717
| +1% | +$142K |
|
|
CAB
1114
DELISTED
Cabela's Inc
CAB
| $15.3M | 0.01% |
306,472
+8,325
| +3% | +$414K |
|
1115
Texas Capital Bancshares
TCBI
$4.32B
| $15.3M | 0.01% |
327,244
-747
| -0.2% | -$33.5K |
|
1116
Adeia
ADEA
$3.12B
| $15.3M | 0.01% |
1,886,057
+29,098
| +2% | +$236K |
|
|
WBT
1117
DELISTED
Welbilt, Inc.
WBT
| $15.3M | 0.01% |
866,049
+3,722
| +0.4% | +$59.3K |
|
1118
NETGEAR
NTGR
$652M
| $15.2M | 0.01% |
320,650
+9,959
| +3% | +$428K |
|
|
FNGN
1119
DELISTED
Financial Engines, Inc.
FNGN
| $15.2M | 0.01% |
588,313
+40,282
| +7% | +$1.16M |
|
|
AXLL
1120
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $15.2M | 0.01% |
466,615
-1,181
| -0.3% | -$29.9K |
|
1121
Shenandoah Telecom
SHEN
$742M
| $15.2M | 0.01% |
389,212
+51,883
| +15% | +$1.61M |
|
|
JOY
1122
DELISTED
Joy Global Inc
JOY
| $15.2M | 0.01% |
717,430
+118,035
| +20% | +$2.23M |
|
1123
PBF Energy
PBF
$7.26B
| $15.1M | 0.01% |
636,241
+13,802
| +2% | +$397K |
|
1124
Neogen
NEOG
$2.46B
| $15.1M | 0.01% |
715,059
+28,664
| +4% | +$534K |
|
1125
UFP Industries
UFPI
$5.19B
| $15.1M | 0.01% |
488,010
+29,553
| +6% | +$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.