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 | |
|---|---|---|---|---|---|---|
|
EGOV
1401
DELISTED
NIC Inc
EGOV
| $9.96M | 0.01% |
453,776
-5,635
| -1% | -$108K |
|
|
ALX
1402
Alexander's
ALX
$1.4B
| $9.95M | 0.01% |
24,317
+1,094
| +5% | +$413K |
|
|
CMO
1403
DELISTED
Capstead Mortgage Corp.
CMO
| $9.95M | 0.01% |
1,025,632
+32,222
| +3% | +$314K |
|
1404
Liberty Broadband Class A
LBRDA
$5.17B
| $9.93M | 0.01% |
167,163
-1,365
| -0.8% | -$79.5K |
|
1405
Sabra Healthcare REIT
SBRA
$5.36B
| $9.92M | 0.01% |
480,876
+17,137
| +4% | +$357K |
|
1406
Chemours
CC
$2.43B
| $9.92M | 0.01% |
1,203,619
+174,534
| +17% | +$1.56M |
|
1407
Otter Tail
OTTR
$3.91B
| $9.91M | 0.01% |
296,007
+1,604
| +0.5% | +$48.2K |
|
1408
New York Times
NYT
$10.2B
| $9.91M | 0.01% |
819,179
-36,755
| -4% | -$451K |
|
1409
Pacira BioSciences
PCRX
$1B
| $9.91M | 0.01% |
293,865
+31,329
| +12% | +$1.54M |
|
1410
News Corp Class B
NWS
$17.7B
| $9.9M | 0.01% |
849,349
-8,612
| -1% | -$107K |
|
|
CVSA
1411
Covista Inc
CVSA
$4.78B
| $9.89M | 0.01% |
554,643
+174,829
| +46% | +$3.08M |
|
1412
Renasant Corp
RNST
$3.93B
| $9.88M | 0.01% |
305,509
+7,105
| +2% | +$237K |
|
|
SWC
1413
DELISTED
Stillwater Mining Co
SWC
| $9.83M | 0.01% |
829,057
+25,300
| +3% | +$271K |
|
|
PRAH
1414
DELISTED
PRA Health Sciences, Inc.
PRAH
| $9.83M | 0.01% |
235,399
+63,403
| +37% | +$2.92M |
|
|
TUMI
1415
DELISTED
TUMI HLDGS INC COM
TUMI
| $9.83M | 0.01% |
367,646
+12,096
| +3% | +$323K |
|
1416
Designer Brands
DBI
$329M
| $9.82M | 0.01% |
463,575
-176,672
| -28% | -$4.06M |
|
1417
HUB Group
HUBG
$2.93B
| $9.81M | 0.01% |
511,346
+18,896
| +4% | +$369K |
|
1418
Haemonetics
HAE
$3.91B
| $9.81M | 0.01% |
338,371
-3,148
| -0.9% | -$95.2K |
|
1419
Cal-Maine
CALM
$4B
| $9.8M | 0.01% |
221,178
+3,444
| +2% | +$162K |
|
1420
3D Systems Corp
DDD
$623M
| $9.79M | 0.01% |
714,891
+56,354
| +9% | +$815K |
|
|
CHSP
1421
DELISTED
Chesapeake Lodging Trust
CHSP
| $9.78M | 0.01% |
420,819
+34,177
| +9% | +$826K |
|
1422
MasTec
MTZ
$21.2B
| $9.78M | 0.01% |
438,146
+34,048
| +8% | +$755K |
|
|
ARIA
1423
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $9.76M | 0.01% |
1,321,202
+49,725
| +4% | +$373K |
|
|
PTLA
1424
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $9.75M | 0.01% |
413,060
+14,181
| +4% | +$350K |
|
1425
Nexstar Media Group
NXST
$5.97B
| $9.75M | 0.01% |
204,839
-38,465
| -16% | -$1.92M |
|
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.