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 | |
|---|---|---|---|---|---|---|
1276
Dorman Products
DORM
$4.08B
| $12.1M | 0.01% |
211,996
+2,069
| +1% | +$111K |
|
1277
Deckers Outdoor
DECK
$13.3B
| $12M | 0.01% |
1,256,748
-119,670
| -9% | -$1.11M |
|
|
LGF
1278
DELISTED
Lions Gate Entertainment
LGF
| $12M | 0.01% |
595,045
+21,194
| +4% | +$445K |
|
1279
International Bancshares
IBOC
$4.67B
| $12M | 0.01% |
461,253
+10,286
| +2% | +$270K |
|
1280
GATX Corp
GATX
$6.31B
| $12M | 0.01% |
272,963
+10,829
| +4% | +$497K |
|
1281
Trustmark
TRMK
$2.78B
| $12M | 0.01% |
482,688
+16,109
| +3% | +$388K |
|
1282
Cogent Communications
CCOI
$546M
| $12M | 0.01% |
299,403
+6,109
| +2% | +$240K |
|
|
CHMT
1283
DELISTED
Chemtura Corporation
CHMT
| $12M | 0.01% |
454,324
+474
| +0.1% | +$12.8K |
|
1284
SouthState Bank Corp
SSB
$10.5B
| $12M | 0.01% |
176,100
+433
| +0.2% | +$29.7K |
|
1285
California Water Service
CWT
$3.06B
| $12M | 0.01% |
343,039
+31,878
| +10% | +$935K |
|
1286
KBR
KBR
$4.74B
| $12M | 0.01% |
904,993
+14,957
| +2% | +$216K |
|
1287
Boyd Gaming
BYD
$6.11B
| $12M | 0.01% |
649,830
+69,980
| +12% | +$1.36M |
|
|
JBTM
1288
JBT Marel
JBTM
$6.33B
| $11.9M | 0.01% |
195,168
+8,221
| +4% | +$480K |
|
|
CBM
1289
DELISTED
Cambrex Corporation
CBM
| $11.9M | 0.01% |
230,571
+4,347
| +2% | +$208K |
|
1290
DigitalBridge
DBRG
$2.95B
| $11.9M | 0.01% |
291,858
-41,817
| -13% | -$1.99M |
|
1291
LPL Financial
LPLA
$28.3B
| $11.8M | 0.01% |
525,868
+21,635
| +4% | +$543K |
|
|
TGI
1292
DELISTED
Triumph Group
TGI
| $11.8M | 0.01% |
333,427
+22,162
| +7% | +$802K |
|
1293
Children's Place
PLCE
$58.9M
| $11.8M | 0.01% |
147,608
-9,907
| -6% | -$746K |
|
|
AAT
1294
American Assets Trust
AAT
$1.38B
| $11.8M | 0.01% |
278,742
+4,951
| +2% | +$199K |
|
1295
SM Energy
SM
$6.88B
| $11.8M | 0.01% |
438,062
+17,147
| +4% | +$481K |
|
|
TPH
1296
DELISTED
Tri Pointe Homes
TPH
| $11.8M | 0.01% |
1,000,287
-3,510
| -0.3% | -$41.1K |
|
1297
BGC Group
BGC
$4.97B
| $11.8M | 0.01% |
2,108,042
+117,864
| +6% | +$684K |
|
1298
Columbia Banking Systems
COLB
$8.78B
| $11.8M | 0.01% |
419,862
+17,837
| +4% | +$524K |
|
1299
Horace Mann Educators
HMN
$2.19B
| $11.8M | 0.01% |
348,328
+531
| +0.2% | +$17.3K |
|
1300
CVB Financial
CVBF
$4B
| $11.8M | 0.01% |
717,311
+27,334
| +4% | +$463K |
|
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.