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 | |
|---|---|---|---|---|---|---|---|
|
FNSR
1176
DELISTED
Finisar Corp
FNSR
| $13.8M | 0.01% |
788,420
+71,329
| +10% | +$1.22M |
2013 Q2
12 quarters
|
|
1177
Stifel
SF
$10.2B
| $13.8M | 0.01% |
987,028
-13,264
| -1% | -$197K |
2013 Q2
12 quarters
|
|
1178
Community Bank
CBU
$3.17B
| $13.8M | 0.01% |
335,553
+33,770
| +11% | +$1.34M |
2013 Q2
12 quarters
|
|
1179
ICU Medical
ICUI
$4.07B
| $13.8M | 0.01% |
122,207
+7,999
| +7% | +$830K |
2013 Q2
12 quarters
|
|
1180
Wolverine World Wide
WWW
$1.62B
| $13.8M | 0.01% |
677,920
+1,584
| +0.2% | +$29.5K |
2013 Q2
12 quarters
|
|
1181
InterDigital
IDCC
$8.19B
| $13.8M | 0.01% |
247,322
+3,041
| +1% | +$172K |
2013 Q2
12 quarters
|
|
1182
Valley National Bancorp
VLY
$7.01B
| $13.7M | 0.01% |
1,507,649
+158,393
| +12% | +$1.48M |
2013 Q2
12 quarters
|
|
1183
DELISTED
Vector Group Ltd.
VGR
| $13.7M | 0.01% |
1,051,049
+40,490
| +4% | +$509K |
2013 Q2
12 quarters
|
|
1184
Empire State Realty Trust
ESRT
$800M
| $13.7M | 0.01% |
723,835
+13,312
| +2% | +$250K |
2013 Q4
10 quarters
|
|
1185
La-Z-Boy
LZB
$1.2B
| $13.7M | 0.01% |
493,994
+4,786
| +1% | +$125K |
2013 Q2
12 quarters
|
|
1186
Pricesmart
PSMT
$5.21B
| $13.7M | 0.01% |
146,718
+8,142
| +6% | +$707K |
2013 Q2
12 quarters
|
|
1187
Papa John's
PZZA
$639M
| $13.6M | 0.01% |
200,444
+3,150
| +2% | +$192K |
2013 Q2
12 quarters
|
|
1188
WESCO International
WCC
$16.6B
| $13.6M | 0.01% |
264,705
+6,246
| +2% | +$352K |
2013 Q2
12 quarters
|
|
|
CSOD
1189
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $13.6M | 0.01% |
357,582
+14,224
| +4% | +$529K |
2013 Q2
12 quarters
|
|
1190
Cable One
CABO
$41.9M
| $13.6M | 0.01% |
26,555
-1,002
| -4% | -$479K |
2015 Q3
3 quarters
|
|
|
CVA
1191
DELISTED
Covanta Holding Corporation
CVA
| $13.6M | 0.01% |
825,102
+19,893
| +2% | +$329K |
2013 Q2
12 quarters
|
|
1192
Visteon
VC
$2.33B
| $13.6M | 0.01% |
206,090
-29,020
| -12% | -$2.17M |
2013 Q2
12 quarters
|
|
1193
DELISTED
CSG Systems International
CSGS
| $13.6M | 0.01% |
336,200
-16,005
| -5% | -$687K |
2013 Q2
12 quarters
|
|
1194
Interactive Brokers
IBKR
$37.4B
| $13.5M | 0.01% |
1,530,616
+64,284
| +4% | +$613K |
2013 Q2
12 quarters
|
|
1195
Exelixis
EXEL
$15.3B
| $13.5M | 0.01% |
1,732,779
+203,631
| +13% | +$1.17M |
2013 Q2
12 quarters
|
|
|
ILG
1196
DELISTED
ILG, Inc Common Stock
ILG
| $13.5M | 0.01% |
849,906
+352,771
| +71% | +$5.04M |
2013 Q2
12 quarters
|
|
|
SYNT
1197
DELISTED
Syntel Inc
SYNT
| $13.5M | 0.01% |
298,526
+177
| +0.1% | +$7.99K |
2013 Q2
12 quarters
|
|
1198
WD-40
WDFC
$2.67B
| $13.5M | 0.01% |
114,939
-2,110
| -2% | -$229K |
2013 Q2
12 quarters
|
|
1199
Balchem Corp
BCPC
$5.44B
| $13.5M | 0.01% |
225,543
+6,909
| +3% | +$422K |
2013 Q2
12 quarters
|
|
1200
DELISTED
Mobileye N.V.
MBLY
| $13.4M | 0.01% |
291,877
+161,061
| +123% | +$6.16M |
2015 Q4
2 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.