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 | |
|---|---|---|---|---|---|---|---|
1276
Dorman Products
DORM
$3.68B
| $12.1M | 0.01% |
211,996
+2,069
| +1% | +$111K |
2013 Q2
12 quarters
|
|
1277
Deckers Outdoor
DECK
$11.7B
| $12M | 0.01% |
1,256,748
-119,670
| -9% | -$1.11M |
2013 Q2
12 quarters
|
|
|
LGF
1278
DELISTED
Lions Gate Entertainment
LGF
| $12M | 0.01% |
595,045
+21,194
| +4% | +$445K |
2013 Q2
12 quarters
|
|
1279
International Bancshares
IBOC
$4.19B
| $12M | 0.01% |
461,253
+10,286
| +2% | +$270K |
2013 Q2
12 quarters
|
|
1280
GATX Corp
GATX
$5.84B
| $12M | 0.01% |
272,963
+10,829
| +4% | +$497K |
2013 Q2
12 quarters
|
|
1281
Trustmark
TRMK
$2.61B
| $12M | 0.01% |
482,688
+16,109
| +3% | +$388K |
2013 Q2
12 quarters
|
|
1282
Cogent Communications
CCOI
$413M
| $12M | 0.01% |
299,403
+6,109
| +2% | +$240K |
2013 Q2
12 quarters
|
|
|
CHMT
1283
DELISTED
Chemtura Corporation
CHMT
| $12M | 0.01% |
454,324
+474
| +0.1% | +$12.8K |
2013 Q2
12 quarters
|
|
1284
SouthState Bank Corp
SSB
$9.9B
| $12M | 0.01% |
176,100
+433
| +0.2% | +$29.7K |
2013 Q3
11 quarters
|
|
1285
California Water Service
CWT
$2.87B
| $12M | 0.01% |
343,039
+31,878
| +10% | +$935K |
2013 Q2
12 quarters
|
|
1286
KBR
KBR
$4.59B
| $12M | 0.01% |
904,993
+14,957
| +2% | +$216K |
2013 Q2
12 quarters
|
|
1287
Boyd Gaming
BYD
$5.09B
| $12M | 0.01% |
649,830
+69,980
| +12% | +$1.36M |
2013 Q2
12 quarters
|
|
1288
JBT Marel
JBTM
$5.41B
| $11.9M | 0.01% |
195,168
+8,221
| +4% | +$480K |
2013 Q2
12 quarters
|
|
|
CBM
1289
DELISTED
Cambrex Corporation
CBM
| $11.9M | 0.01% |
230,571
+4,347
| +2% | +$208K |
2013 Q2
12 quarters
|
|
1290
DELISTED
DigitalBridge
DBRG
| $11.9M | 0.01% |
291,858
-41,817
| -13% | -$1.99M |
2014 Q3
7 quarters
|
|
1291
LPL Financial
LPLA
$25.3B
| $11.8M | 0.01% |
525,868
+21,635
| +4% | +$543K |
2013 Q2
12 quarters
|
|
1292
DELISTED
Triumph Group
TGI
| $11.8M | 0.01% |
333,427
+22,162
| +7% | +$802K |
2013 Q2
12 quarters
|
|
1293
Children's Place
PLCE
$23.8M
| $11.8M | 0.01% |
147,608
-9,907
| -6% | -$746K |
2013 Q2
12 quarters
|
|
1294
American Assets Trust
AAT
$1.31B
| $11.8M | 0.01% |
278,742
+4,951
| +2% | +$199K |
2013 Q2
12 quarters
|
|
1295
SM Energy
SM
$9.4B
| $11.8M | 0.01% |
438,062
+17,147
| +4% | +$481K |
2013 Q2
12 quarters
|
|
1296
DELISTED
Tri Pointe Homes
TPH
| $11.8M | 0.01% |
1,000,287
-3,510
| -0.3% | -$41.1K |
2013 Q2
12 quarters
|
|
1297
BGC Group
BGC
$5.4B
| $11.8M | 0.01% |
2,108,042
+117,864
| +6% | +$684K |
2013 Q2
12 quarters
|
|
1298
Columbia Banking Systems
COLB
$8.05B
| $11.8M | 0.01% |
419,862
+17,837
| +4% | +$524K |
2013 Q2
12 quarters
|
|
1299
Horace Mann Educators
HMN
$1.88B
| $11.8M | 0.01% |
348,328
+531
| +0.2% | +$17.3K |
2013 Q2
12 quarters
|
|
1300
CVB Financial
CVBF
$3.85B
| $11.8M | 0.01% |
717,311
+27,334
| +4% | +$463K |
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.