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 | |
|---|---|---|---|---|---|---|---|
1226
G-III Apparel Group
GIII
$1.22B
| $12.9M | 0.01% |
281,899
+7,541
| +3% | +$325K |
2013 Q2
12 quarters
|
|
1227
DELISTED
Cadence Bank
CADE
| $12.9M | 0.01% |
567,693
+19,771
| +4% | +$446K |
2013 Q2
12 quarters
|
|
1228
Ultragenyx Pharmaceutical
RARE
$1.43B
| $12.9M | 0.01% |
263,221
+5,508
| +2% | +$356K |
2014 Q1
9 quarters
|
|
|
JNS
1229
DELISTED
Janus Capital Group Inc
JNS
| $12.9M | 0.01% |
923,981
+14,323
| +2% | +$210K |
2013 Q2
12 quarters
|
|
|
ZNGA
1230
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $12.9M | 0.01% |
5,163,014
-43,925
| -0.8% | -$110K |
2013 Q2
12 quarters
|
|
1231
Progress Software
PRGS
$1.67B
| $12.8M | 0.01% |
467,471
+16,492
| +4% | +$424K |
2013 Q2
12 quarters
|
|
1232
Credit Acceptance
CACC
$5.62B
| $12.8M | 0.01% |
69,168
+1,074
| +2% | +$197K |
2013 Q2
12 quarters
|
|
1233
Capitol Federal Financial
CFFN
$1.01B
| $12.8M | 0.01% |
917,701
-13,558
| -1% | -$181K |
2013 Q2
12 quarters
|
|
|
WLL
1234
DELISTED
Whiting Petroleum Corporation
WLL
| $12.8M | 0.01% |
4,604
+405
| +10% | +$1.34M |
2013 Q2
12 quarters
|
|
1235
Zurn Elkay Water Solutions
ZWS
$7.81B
| $12.8M | 0.01% |
1,351,758
-26,729
| -2% | -$269K |
2013 Q2
12 quarters
|
|
1236
DELISTED
Noble Corporation
NE
| $12.8M | 0.01% |
1,548,264
+36,782
| +2% | +$351K |
2013 Q2
12 quarters
|
|
1237
DELISTED
Hillenbrand
HI
| $12.7M | 0.01% |
424,283
+8,014
| +2% | +$243K |
2013 Q2
12 quarters
|
|
1238
DELISTED
ODP
ODP
| $12.7M | 0.01% |
384,557
+17,221
| +5% | +$841K |
2013 Q2
12 quarters
|
|
1239
Plexus
PLXS
$6.14B
| $12.7M | 0.01% |
294,121
+26,174
| +10% | +$1.1M |
2013 Q2
12 quarters
|
|
1240
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $12.7M | 0.01% |
191,982
+5,002
| +3% | +$343K |
2013 Q4
10 quarters
|
|
|
SFR
1241
DELISTED
Starwood Waypoint Homes
SFR
| $12.7M | 0.01% |
416,790
+139,785
| +50% | +$3.72M |
2014 Q1
9 quarters
|
|
|
STL
1242
DELISTED
Sterling Bancorp
STL
| $12.7M | 0.01% |
807,309
+20,719
| +3% | +$332K |
2013 Q2
12 quarters
|
|
1243
DELISTED
SpartanNash
SPTN
| $12.7M | 0.01% |
413,707
+68,659
| +20% | +$1.95M |
2013 Q2
12 quarters
|
|
1244
RBC Bearings
RBC
$15.8B
| $12.6M | 0.01% |
174,428
+12,452
| +8% | +$913K |
2013 Q2
12 quarters
|
|
1245
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $12.6M | 0.01% |
643,038
-28,142
| -4% | -$511K |
2013 Q2
12 quarters
|
|
|
ISIL
1246
DELISTED
Intersil Corp
ISIL
| $12.6M | 0.01% |
931,201
+37,398
| +4% | +$486K |
2013 Q2
12 quarters
|
|
|
1247
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
2014 Q2
8 quarters
|
|
1248
EchoStar
ECHO
$24.8B
| $12.6M | 0.01% |
390,642
+12,150
| +3% | +$397K |
2013 Q2
12 quarters
|
|
1249
Columbia Sportswear
COLM
$3.08B
| $12.5M | 0.01% |
218,061
+5,043
| +2% | +$289K |
2013 Q2
12 quarters
|
|
|
WMGI
1250
DELISTED
Wright Medical Group Inc
WMGI
| $12.5M | 0.01% |
720,794
+114,562
| +19% | +$2.1M |
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.