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 | |
|---|---|---|---|---|---|---|
|
NSR
1251
DELISTED
Neustar Inc
NSR
| $12.5M | 0.01% |
530,893
+6,214
| +1% | +$148K |
|
|
SAFM
1252
DELISTED
Sanderson Farms Inc
SAFM
| $12.5M | 0.01% |
144,025
-10,078
| -7% | -$888K |
|
1253
Ironwood Pharmaceuticals
IRWD
$701M
| $12.5M | 0.01% |
1,139,115
+25,437
| +2% | +$249K |
|
1254
Tetra Tech
TTEK
$8.89B
| $12.5M | 0.01% |
2,026,290
-64,595
| -3% | -$386K |
|
|
POLY
1255
DELISTED
Plantronics, Inc.
POLY
| $12.4M | 0.01% |
282,821
+1,160
| +0.4% | +$48.4K |
|
|
GCP
1256
DELISTED
GCP Applied Technologies Inc.
GCP
| $12.4M | 0.01% |
477,741
+62,185
| +15% | +$1.46M |
|
1257
Mercury Insurance
MCY
$5.95B
| $12.4M | 0.01% |
233,975
+10,098
| +5% | +$531K |
|
1258
Granite Construction
GVA
$5.32B
| $12.4M | 0.01% |
272,435
+4,344
| +2% | +$192K |
|
|
DYN
1259
DELISTED
Dynegy, Inc.
DYN
| $12.4M | 0.01% |
719,017
-3,019
| -0.4% | -$52.5K |
|
1260
Mueller Water Products
MWA
$4.24B
| $12.4M | 0.01% |
1,084,736
+75,421
| +7% | +$805K |
|
1261
Insulet
PODD
$9.66B
| $12.4M | 0.01% |
409,491
+28,521
| +7% | +$887K |
|
1262
Globus Medical
GMED
$11B
| $12.4M | 0.01% |
519,471
+64,868
| +14% | +$1.56M |
|
|
NYRT
1263
DELISTED
New York REIT, Inc.
NYRT
| $12.3M | 0.01% |
133,270
+517
| +0.4% | +$50K |
|
1264
Paycom
PAYC
$10.1B
| $12.3M | 0.01% |
285,116
+62,668
| +28% | +$2.45M |
|
|
TSE
1265
DELISTED
Trinseo
TSE
| $12.3M | 0.01% |
286,487
+175,861
| +159% | +$7.73M |
|
|
KLXI
1266
DELISTED
KLX Inc.
KLXI
| $12.3M | 0.01% |
470,417
+28,437
| +6% | +$783K |
|
|
IRDMB
1267
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
1268
Zillow
ZG
$7.59B
| $12.2M | 0.01% |
333,719
+10,868
| +3% | +$309K |
|
1269
FTI Consulting
FCN
$4.17B
| $12.2M | 0.01% |
300,365
+2,828
| +1% | +$112K |
|
|
HMHC
1270
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $12.2M | 0.01% |
780,490
-19,783
| -2% | -$359K |
|
1271
LiveRamp
RAMP
$2.3B
| $12.2M | 0.01% |
554,626
+8,350
| +2% | +$181K |
|
|
ESL
1272
DELISTED
Esterline Technologies
ESL
| $12.2M | 0.01% |
196,229
+2,117
| +1% | +$139K |
|
|
SIR
1273
DELISTED
SELECT INCOME REIT
SIR
| $12.2M | 0.01% |
1,063,895
+8,880
| +0.8% | +$94.4K |
|
1274
Applied Industrial Technologies
AIT
$13.3B
| $12.2M | 0.01% |
269,171
-489
| -0.2% | -$21.9K |
|
|
EFOR
1275
Everforth Inc
EFOR
$1.29B
| $12.2M | 0.01% |
328,830
+16,992
| +5% | +$625K |
|
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.