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 | |
|---|---|---|---|---|---|---|
|
MORE
1201
DELISTED
Monogram Residential Trust, Inc.
MORE
| $13.4M | 0.01% |
1,312,407
-73,306
| -5% | -$735K |
|
|
CEB
1202
DELISTED
CEB Inc.
CEB
| $13.4M | 0.01% |
217,075
+3,976
| +2% | +$249K |
|
|
EE
1203
DELISTED
El Paso Electric Company
EE
| $13.4M | 0.01% |
283,248
+1,943
| +0.7% | +$87.8K |
|
1204
EXL Service
EXLS
$5.25B
| $13.4M | 0.01% |
1,277,015
-10,940
| -0.8% | -$111K |
|
|
NRF
1205
DELISTED
NorthStar Realty Finance Corp.
NRF
| $13.4M | 0.01% |
1,170,261
+12,303
| +1% | +$158K |
|
1206
Matsons
MATX
$6.17B
| $13.4M | 0.01% |
413,871
+29,890
| +8% | +$1.03M |
|
1207
MGIC Investment
MTG
$6.21B
| $13.4M | 0.01% |
2,244,736
+46,192
| +2% | +$315K |
|
1208
Grand Canyon Education
LOPE
$3.88B
| $13.4M | 0.01% |
334,517
+895
| +0.3% | +$37.8K |
|
|
MDP
1209
DELISTED
Meredith Corporation
MDP
| $13.3M | 0.01% |
257,127
-1,883
| -0.7% | -$93.2K |
|
1210
Timken Company
TKR
$8.92B
| $13.3M | 0.01% |
435,134
-1,462
| -0.3% | -$49K |
|
1211
Matthews International
MATW
$863M
| $13.3M | 0.01% |
239,167
+483
| +0.2% | +$25.5K |
|
1212
J&J Snack Foods
JJSF
$1.71B
| $13.3M | 0.01% |
111,151
+4,233
| +4% | +$449K |
|
1213
AMN Healthcare
AMN
$1.19B
| $13.3M | 0.01% |
331,527
+11,384
| +4% | +$421K |
|
1214
Cooper-Standard Automotive
CPS
$491M
| $13.2M | 0.01% |
167,725
+4,487
| +3% | +$362K |
|
|
TCF
1215
DELISTED
TCF Financial Corporation Common Stock
TCF
| $13.2M | 0.01% |
353,374
+7,127
| +2% | +$270K |
|
1216
Commault Systems
CVLT
$5.53B
| $13.2M | 0.01% |
304,943
-3,722
| -1% | -$164K |
|
1217
Northwest Natural Holdings
NWN
$2.14B
| $13.2M | 0.01% |
203,161
+16,523
| +9% | +$921K |
|
|
HAWK
1218
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $13.1M | 0.01% |
392,596
+13,135
| +3% | +$438K |
|
1219
Mueller Industries
MLI
$15.4B
| $13.1M | 0.01% |
1,648,484
+126,744
| +8% | +$979K |
|
1220
Methode Electronics
MEI
$585M
| $13.1M | 0.01% |
383,153
-6,102
| -2% | -$179K |
|
1221
DNOW Inc
DNOW
$2.81B
| $13.1M | 0.01% |
722,760
+69,578
| +11% | +$1.22M |
|
1222
HEICO Corp Class A
HEI.A
$36.9B
| $13.1M | 0.01% |
596,492
-31,992
| -5% | -$676K |
|
|
FDC
1223
DELISTED
First Data Corporation
FDC
| $13M | 0.01% |
1,175,370
+94,129
| +9% | +$1.13M |
|
1224
Universal Corp
UVV
$1.27B
| $12.9M | 0.01% |
224,173
-3,179
| -1% | -$175K |
|
|
PAY
1225
DELISTED
Verifone Systems Inc
PAY
| $12.9M | 0.01% |
695,693
+11,159
| +2% | +$282K |
|
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.