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 | |
|---|---|---|---|---|---|---|---|
1151
Entegris
ENTG
$21.2B
| $14.3M | 0.01% |
991,159
+19,166
| +2% | +$263K |
2013 Q2
12 quarters
|
|
1152
Monro
MNRO
$426M
| $14.3M | 0.01% |
225,442
+2,035
| +0.9% | +$135K |
2013 Q2
12 quarters
|
|
1153
Arista Networks
ANET
$223B
| $14.3M | 0.01% |
3,552,128
-167,696
| -5% | -$713K |
2014 Q3
7 quarters
|
|
|
EFII
1154
DELISTED
Electronics for Imaging
EFII
| $14.3M | 0.01% |
331,339
+3,826
| +1% | +$161K |
2013 Q2
12 quarters
|
|
|
RDC
1155
DELISTED
Rowan Companies Plc
RDC
| $14.3M | 0.01% |
807,436
-128,298
| -14% | -$2.22M |
2013 Q2
12 quarters
|
|
1156
Diamondrock Hospitality Co
DRH
$2.75B
| $14.2M | 0.01% |
1,570,567
-6,119
| -0.4% | -$56.4K |
2013 Q2
12 quarters
|
|
|
WAGE
1157
DELISTED
WageWorks, Inc.
WAGE
| $14.2M | 0.01% |
237,137
+6,749
| +3% | +$373K |
2013 Q2
12 quarters
|
|
1158
DELISTED
Enstar Group
ESGR
| $14.2M | 0.01% |
87,387
+4,489
| +5% | +$708K |
2013 Q2
12 quarters
|
|
1159
Blackstone Mortgage Trust
BXMT
$1.77B
| $14.1M | 0.01% |
510,828
+4,671
| +0.9% | +$129K |
2013 Q2
12 quarters
|
|
|
WDR
1160
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $14.1M | 0.01% |
819,088
+43,719
| +6% | +$892K |
2013 Q2
12 quarters
|
|
1161
Nektar Therapeutics
NKTR
$1.22B
| $14.1M | 0.01% |
66,056
+737
| +1% | +$165K |
2013 Q2
12 quarters
|
|
1162
Terex
TEX
$5.83B
| $14.1M | 0.01% |
693,384
+23,750
| +4% | +$543K |
2013 Q2
12 quarters
|
|
1163
Insperity
NSP
$1.96B
| $14.1M | 0.01% |
364,508
-63,076
| -15% | -$2.04M |
2013 Q2
12 quarters
|
|
1164
Hancock Whitney
HWC
$5.86B
| $14M | 0.01% |
536,272
+6,125
| +1% | +$156K |
2013 Q2
12 quarters
|
|
1165
Synaptics
SYNA
$4.65B
| $14M | 0.01% |
260,389
+4,031
| +2% | +$277K |
2013 Q2
12 quarters
|
|
1166
Steven Madden
SHOO
$3.31B
| $14M | 0.01% |
613,896
+17,671
| +3% | +$406K |
2013 Q2
12 quarters
|
|
1167
Silicon Laboratories
SLAB
$7.37B
| $13.9M | 0.01% |
286,183
+11,921
| +4% | +$563K |
2013 Q2
12 quarters
|
|
1168
Graham Holdings Company
GHC
$5.1B
| $13.9M | 0.01% |
28,463
+579
| +2% | +$282K |
2013 Q2
12 quarters
|
|
1169
ABM Industries
ABM
$3B
| $13.9M | 0.01% |
381,870
+3,515
| +0.9% | +$119K |
2013 Q2
12 quarters
|
|
1170
HNI Corp
HNI
$3.38B
| $13.9M | 0.01% |
299,605
+5,045
| +2% | +$221K |
2013 Q2
12 quarters
|
|
1171
TransUnion
TRU
$14.2B
| $13.9M | 0.01% |
415,894
+123,343
| +42% | +$3.79M |
2015 Q3
3 quarters
|
|
|
SCAI
1172
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $13.9M | 0.01% |
291,131
+2,777
| +1% | +$128K |
2013 Q4
10 quarters
|
|
1173
Strategy Inc
MSTR
$57.9B
| $13.8M | 0.01% |
790,650
+41,310
| +6% | +$761K |
2013 Q2
12 quarters
|
|
1174
Pinnacle Financial Partners Inc
PNFP
$14.3B
| $13.8M | 0.01% |
283,225
+33,323
| +13% | +$1.63M |
2013 Q2
12 quarters
|
|
|
UFS
1175
DELISTED
DOMTAR CORPORATION (New)
UFS
| $13.8M | 0.01% |
395,004
-31,613
| -7% | -$1.22M |
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.