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 | |
|---|---|---|---|---|---|---|
1301
Old National Bancorp
ONB
$10.2B
| $11.7M | 0.01% |
936,581
+164,909
| +21% | +$2.09M |
|
1302
Kaiser Aluminum
KALU
$2.8B
| $11.7M | 0.01% |
129,605
+10,411
| +9% | +$909K |
|
|
PEI
1303
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $11.7M | 0.01% |
36,381
-1,142
| -3% | -$378K |
|
|
HMSY
1304
DELISTED
HMS Holdings Corp.
HMSY
| $11.7M | 0.01% |
664,624
+12,239
| +2% | +$197K |
|
1305
TFS Financial
TFSL
$5.01B
| $11.7M | 0.01% |
679,511
+15,193
| +2% | +$271K |
|
1306
Mativ Holdings
MATV
$644M
| $11.7M | 0.01% |
331,408
+24,607
| +8% | +$830K |
|
1307
Benchmark Electronics
BHE
$2.96B
| $11.7M | 0.01% |
551,841
+14,969
| +3% | +$313K |
|
1308
Armstrong World Industries
AWI
$7.78B
| $11.6M | 0.01% |
297,107
+17,190
| +6% | +$705K |
|
1309
Advanced Energy
AEIS
$13B
| $11.6M | 0.01% |
306,260
+28,450
| +10% | +$1.02M |
|
|
BLUE
1310
DELISTED
bluebird bio
BLUE
| $11.6M | 0.01% |
20,718
+2,777
| +15% | +$1.57M |
|
1311
Simpson Manufacturing
SSD
$7.96B
| $11.6M | 0.01% |
290,526
+7,517
| +3% | +$289K |
|
|
SYKE
1312
DELISTED
SYKES Enterprises Inc
SYKE
| $11.6M | 0.01% |
400,255
+2,097
| +0.5% | +$61.7K |
|
|
SNCR
1313
DELISTED
Synchronoss Technologies
SNCR
| $11.6M | 0.01% |
40,352
+3,060
| +8% | +$925K |
|
|
TIME
1314
DELISTED
Time Inc.
TIME
| $11.6M | 0.01% |
702,052
-32,392
| -4% | -$502K |
|
1315
Omnicell
OMCL
$1.65B
| $11.5M | 0.01% |
336,899
-171
| -0.1% | -$5.33K |
|
|
KW
1316
DELISTED
Kennedy-Wilson Holdings
KW
| $11.5M | 0.01% |
607,876
+1,611
| +0.3% | +$33.4K |
|
1317
Evercore
EVR
$11.9B
| $11.5M | 0.01% |
260,003
+6,635
| +3% | +$330K |
|
|
CLNY
1318
DELISTED
Colony Capital, Inc.
CLNY
| $11.5M | 0.01% |
748,405
-89,907
| -11% | -$1.56M |
|
|
INFN
1319
DELISTED
Infinera Corporation Common Stock
INFN
| $11.5M | 0.01% |
1,018,141
+78,908
| +8% | +$1.03M |
|
1320
Kennametal
KMT
$2.58B
| $11.5M | 0.01% |
519,135
+29,202
| +6% | +$689K |
|
|
ISEE
1321
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $11.5M | 0.01% |
224,462
+16,250
| +8% | +$807K |
|
|
HSNI
1322
DELISTED
HSN, Inc.
HSNI
| $11.5M | 0.01% |
234,095
+1,907
| +0.8% | +$97.6K |
|
1323
BOK Financial
BOKF
$8.78B
| $11.5M | 0.01% |
182,661
+1,289
| +0.7% | +$76.5K |
|
1324
Exponent
EXPO
$3.21B
| $11.4M | 0.01% |
391,224
+21,386
| +6% | +$556K |
|
|
DCH
1325
Dauch Corp
DCH
$1.35B
| $11.4M | 0.01% |
788,909
+7,857
| +1% | +$122K |
|
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.