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 | |
|---|---|---|---|---|---|---|---|
1126
Cathay General Bancorp
CATY
$4B
| $15.1M | 0.01% |
533,701
+15,551
| +3% | +$461K |
2013 Q2
12 quarters
|
|
1127
American States Water
AWR
$3.3B
| $15M | 0.01% |
343,055
+1,159
| +0.3% | +$46.8K |
2013 Q2
12 quarters
|
|
1128
DELISTED
Diamond Offshore Drilling
DO
| $15M | 0.01% |
616,832
+87,373
| +17% | +$2.08M |
2013 Q2
12 quarters
|
|
1129
NETSCOUT
NTCT
$2.76B
| $15M | 0.01% |
672,627
+12,737
| +2% | +$295K |
2013 Q2
12 quarters
|
|
1130
Cheesecake Factory
CAKE
$5.71B
| $14.9M | 0.01% |
309,690
+7,507
| +2% | +$379K |
2013 Q2
12 quarters
|
|
1131
Marriott Vacations Worldwide
VAC
$3.86B
| $14.9M | 0.01% |
217,473
+1,364
| +0.6% | +$85.4K |
2013 Q2
12 quarters
|
|
|
SYNH
1132
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $14.9M | 0.01% |
390,619
+109,007
| +39% | +$4.79M |
2014 Q4
6 quarters
|
|
|
CRZO
1133
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $14.9M | 0.01% |
415,138
+2,508
| +0.6% | +$89.6K |
2013 Q2
12 quarters
|
|
1134
LXP Industrial Trust
LXP
$3.6B
| $14.8M | 0.01% |
293,629
+8,690
| +3% | +$401K |
2013 Q2
12 quarters
|
|
1135
LCI Industries
LCII
$2.06B
| $14.8M | 0.01% |
174,570
+12,601
| +8% | +$907K |
2013 Q2
12 quarters
|
|
|
AFSI
1136
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $14.8M | 0.01% |
604,398
+19,564
| +3% | +$498K |
2013 Q2
12 quarters
|
|
1137
Novavax
NVAX
$1.85B
| $14.8M | 0.01% |
101,763
+6,155
| +6% | +$705K |
2013 Q2
12 quarters
|
|
1138
Hilltop Holdings
HTH
$2.11B
| $14.8M | 0.01% |
704,740
+5,871
| +0.8% | +$117K |
2013 Q2
12 quarters
|
|
1139
Dana Inc
DAN
$3.13B
| $14.7M | 0.01% |
1,394,416
+76,174
| +6% | +$940K |
2013 Q2
12 quarters
|
|
1140
Glacier Bancorp
GBCI
$5.69B
| $14.7M | 0.01% |
552,103
+22,021
| +4% | +$573K |
2013 Q2
12 quarters
|
|
1141
Pebblebrook Hotel Trust
PEB
$2.2B
| $14.7M | 0.01% |
558,939
-16,627
| -3% | -$441K |
2013 Q2
12 quarters
|
|
1142
Silgan Holdings
SLGN
$3.98B
| $14.7M | 0.01% |
569,410
+13,034
| +2% | +$335K |
2013 Q2
12 quarters
|
|
1143
H.B. Fuller
FUL
$2.79B
| $14.6M | 0.01% |
331,075
+861
| +0.3% | +$38.6K |
2013 Q2
12 quarters
|
|
|
GWB
1144
DELISTED
Great Western Bancorp, Inc.
GWB
| $14.5M | 0.01% |
461,097
+67,390
| +17% | +$2.1M |
2014 Q4
6 quarters
|
|
1145
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $14.5M | 0.01% |
421,155
+20,853
| +5% | +$578K |
2013 Q2
12 quarters
|
|
1146
MillerKnoll
MLKN
$1.45B
| $14.5M | 0.01% |
484,488
+16,438
| +4% | +$505K |
2013 Q2
12 quarters
|
|
1147
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$131M
| – | – |
0
| – | – |
2014 Q2
8 quarters
|
|
|
TCF
1148
DELISTED
TCF Financial Corporation
TCF
| $14.4M | 0.01% |
1,137,808
+7,138
| +0.6% | +$94.4K |
2013 Q2
12 quarters
|
|
1149
Essent Group
ESNT
$5.78B
| $14.4M | 0.01% |
659,695
+123,345
| +23% | +$2.57M |
2013 Q4
10 quarters
|
|
1150
Wendy's
WEN
$1.27B
| $14.4M | 0.01% |
1,494,082
+6,849
| +0.5% | +$71.8K |
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.