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 | |
|---|---|---|---|---|---|---|
|
DBD
1376
DELISTED
Diebold Nixdorf Incorporated
DBD
| $10.5M | 0.01% |
423,567
+9,330
| +2% | +$240K |
|
|
MDR
1377
DELISTED
McDermott International
MDR
| $10.5M | 0.01% |
709,056
+169,941
| +32% | +$2.29M |
|
|
AVNS
1378
DELISTED
Avanos Medical
AVNS
| $10.5M | 0.01% |
322,985
+27,282
| +9% | +$836K |
|
|
HTS
1379
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $10.5M | 0.01% |
640,307
+26,698
| +4% | +$426K |
|
|
ABCO
1380
DELISTED
Advisory Board Co
ABCO
| $10.5M | 0.01% |
296,336
+6,966
| +2% | +$229K |
|
|
AMED
1381
DELISTED
Amedisys
AMED
| $10.5M | 0.01% |
207,121
+1,774
| +0.9% | +$89.5K |
|
|
NGHC
1382
DELISTED
National General Holdings Corp
NGHC
| $10.4M | 0.01% |
487,414
+65,459
| +16% | +$1.4M |
|
1383
FirstCash
FCFS
$8.83B
| $10.4M | 0.01% |
202,725
+6,530
| +3% | +$303K |
|
1384
Boston Beer
SAM
$1.92B
| $10.4M | 0.01% |
60,800
+488
| +0.8% | +$79K |
|
|
LTRPA
1385
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.4M | 0.01% |
475,046
+3,342
| +0.7% | +$73.5K |
|
1386
AMERISAFE
AMSF
$545M
| $10.4M | 0.01% |
169,528
-2,247
| -1% | -$128K |
|
1387
Eagle Bancorp
EGBN
$843M
| $10.4M | 0.01% |
215,214
+5,210
| +2% | +$256K |
|
1388
Carpenter Technology
CRS
$28.2B
| $10.3M | 0.01% |
313,500
+1,047
| +0.3% | +$34.9K |
|
1389
Invesco Mortgage Capital
IVR
$807M
| $10.3M | 0.01% |
75,266
-83
| -0.1% | -$11.2K |
|
1390
Coeur Mining
CDE
$17.7B
| $10.3M | 0.01% |
966,134
+83,950
| +10% | +$660K |
|
1391
Simmons First National
SFNC
$3.41B
| $10.3M | 0.01% |
445,580
+11,802
| +3% | +$271K |
|
1392
AerCap
AER
$24B
| $10.3M | 0.01% |
308,119
+121,547
| +65% | +$4.67M |
|
|
QLGC
1393
DELISTED
QLOGIC CORP
QLGC
| $10.2M | 0.01% |
692,929
-229,704
| -25% | -$3.12M |
|
|
TVPT
1394
DELISTED
Travelport Worldwide Limited
TVPT
| $10.2M | 0.01% |
791,573
+45,991
| +6% | +$618K |
|
1395
Wabash National
WNC
$512M
| $10.2M | 0.01% |
802,473
+6,563
| +0.8% | +$88.2K |
|
1396
Korn Ferry
KFY
$4.28B
| $10.1M | 0.01% |
490,010
+1,174
| +0.2% | +$32.1K |
|
1397
Caleres
CAL
$474M
| $10.1M | 0.01% |
418,071
+20,605
| +5% | +$506K |
|
|
EXPR
1398
DELISTED
Express, Inc.
EXPR
| $10.1M | 0.01% |
34,760
-2,630
| -7% | -$883K |
|
1399
Power Integrations
POWI
$3.56B
| $10M | 0.01% |
401,344
+1,020
| +0.3% | +$24.9K |
|
|
NXTM
1400
DELISTED
NxStage Medical Inc.
NXTM
| $10M | 0.01% |
461,380
+53,604
| +13% | +$956K |
|
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.