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 | |
|---|---|---|---|---|---|---|
1351
Axos Financial
AX
$5.76B
| $11M | 0.01% |
620,667
+72,431
| +13% | +$1.36M |
|
1352
Chord Energy
CHRD
$7.47B
| $11M | 0.01% |
1,176,705
+63,647
| +6% | +$603K |
|
|
GCI
1353
DELISTED
Gannett Co., Inc
GCI
| $11M | 0.01% |
793,833
-158,464
| -17% | -$2.46M |
|
|
ZEN
1354
DELISTED
ZENDESK INC
ZEN
| $10.9M | 0.01% |
414,617
+67,857
| +20% | +$1.64M |
|
1355
Ormat Technologies
ORA
$6.63B
| $10.9M | 0.01% |
249,641
+21,660
| +10% | +$926K |
|
|
KNGT
1356
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $10.9M | 0.01% |
410,888
+12,190
| +3% | +$324K |
|
|
MRD
1357
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $10.9M | 0.01% |
687,515
-594,083
| -46% | -$8.43M |
|
|
SEMG
1358
DELISTED
SEMGROUP CORPORATION
SEMG
| $10.9M | 0.01% |
334,924
+50,552
| +18% | +$1.47M |
|
1359
Scansource
SCSC
$1.15B
| $10.9M | 0.01% |
292,909
+1,770
| +0.6% | +$69.5K |
|
1360
Yelp
YELP
$1.52B
| $10.9M | 0.01% |
357,998
+25,503
| +8% | +$621K |
|
1361
Rexford Industrial Realty
REXR
$8.23B
| $10.9M | 0.01% |
514,801
+40,921
| +9% | +$801K |
|
|
AVP
1362
DELISTED
Avon Products, Inc.
AVP
| $10.8M | 0.01% |
2,865,791
+171,304
| +6% | +$737K |
|
|
PKY
1363
DELISTED
Parkway, Inc.
PKY
| $10.8M | 0.01% |
642,895
-52,125
| -7% | -$862K |
|
|
VG
1364
DELISTED
Vonage Holdings Corporation
VG
| $10.7M | 0.01% |
1,760,943
+279,158
| +19% | +$1.32M |
|
1365
Semtech
SMTC
$13B
| $10.7M | 0.01% |
449,374
+6,184
| +1% | +$140K |
|
1366
STAG Industrial
STAG
$7.12B
| $10.7M | 0.01% |
450,032
+27,932
| +7% | +$594K |
|
1367
AZZ Inc
AZZ
$4.55B
| $10.7M | 0.01% |
178,466
+7,048
| +4% | +$403K |
|
|
MINI
1368
DELISTED
Mobile Mini Inc
MINI
| $10.7M | 0.01% |
307,853
+1,733
| +0.6% | +$58K |
|
|
MEG
1369
DELISTED
Media General, Inc
MEG
| $10.7M | 0.01% |
619,695
+11,817
| +2% | +$205K |
|
|
PINC
1370
DELISTED
Premier
PINC
| $10.6M | 0.01% |
323,816
+21,602
| +7% | +$712K |
|
|
DRII
1371
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $10.6M | 0.01% |
353,109
+2,193
| +0.6% | +$49.7K |
|
1372
Choice Hotels
CHH
$4.84B
| $10.6M | 0.01% |
221,755
+7,330
| +3% | +$355K |
|
1373
Credicorp
BAP
$30.8B
| $10.5M | 0.01% |
68,609
+62,107
| +955% | +$8.89M |
|
|
SWNC
1374
DELISTED
Southwestern Energy Company
SWNC
| – | – |
0
| – | – |
|
|
SCTY
1375
DELISTED
SolarCity Corporation
SCTY
| $10.5M | 0.01% |
439,762
+39,507
| +10% | +$973K |
|
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.