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 | |
|---|---|---|---|---|---|---|
|
RDUS
1501
DELISTED
Radius Health, Inc.
RDUS
| $8.86M | ﹤0.01% |
241,121
+5,446
| +2% | +$192K |
|
1502
Enerpac Tool Group
EPAC
$1.93B
| $8.83M | ﹤0.01% |
390,667
+3,554
| +0.9% | +$91.3K |
|
1503
WesBanco
WSBC
$4B
| $8.82M | ﹤0.01% |
284,144
-208
| -0.1% | -$6.55K |
|
|
SEM
1504
DELISTED
Select Medical
SEM
| $8.82M | ﹤0.01% |
1,505,751
+4,679
| +0.3% | +$31K |
|
1505
Liberty Latin America Class A
LILA
$1.67B
| $8.8M | ﹤0.01% |
426,055
+311,482
| +272% | +$7.35M |
|
1506
CONMED
CNMD
$1.47B
| $8.78M | ﹤0.01% |
183,900
+2,600
| +1% | +$110K |
|
|
PLKI
1507
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $8.75M | ﹤0.01% |
160,175
+2,434
| +2% | +$133K |
|
1508
Element Solutions
ESI
$9.29B
| $8.74M | ﹤0.01% |
984,177
+80,714
| +9% | +$751K |
|
|
RP
1509
DELISTED
RealPage, Inc.
RP
| $8.73M | ﹤0.01% |
391,101
+15,263
| +4% | +$330K |
|
1510
Upbound Group
UPBD
$1.15B
| $8.72M | ﹤0.01% |
710,434
+214,293
| +43% | +$2.88M |
|
1511
Nelnet
NNI
$4.74B
| $8.71M | ﹤0.01% |
250,777
+3,759
| +2% | +$140K |
|
|
EBIX
1512
DELISTED
Ebix Inc
EBIX
| $8.7M | ﹤0.01% |
181,566
+1,258
| +0.7% | +$57.8K |
|
|
DGI
1513
DELISTED
DigitalGlobe Inc.
DGI
| $8.67M | ﹤0.01% |
405,533
-14,225
| -3% | -$286K |
|
1514
Provident Financial Services
PFS
$3.21B
| $8.65M | ﹤0.01% |
440,577
+7,846
| +2% | +$156K |
|
1515
WSFS Financial
WSFS
$4.15B
| $8.62M | ﹤0.01% |
267,706
-14,222
| -5% | -$484K |
|
|
UCB
1516
United Community Banks
UCB
$4.3B
| $8.61M | ﹤0.01% |
470,862
+55,313
| +13% | +$1.07M |
|
1517
TherapeuticsMD
TXMD
$24.3M
| $8.61M | ﹤0.01% |
20,262
+835
| +4% | +$344K |
|
|
EXAS
1518
DELISTED
Exact Sciences
EXAS
| $8.6M | ﹤0.01% |
702,290
+53,770
| +8% | +$405K |
|
|
SFBS
1519
ServisFirst Bancshares
SFBS
$4.88B
| $8.6M | ﹤0.01% |
348,058
-18,692
| -5% | -$459K |
|
|
HW
1520
DELISTED
Headwaters Inc
HW
| $8.58M | ﹤0.01% |
478,074
+4,503
| +1% | +$85K |
|
1521
Aaon
AAON
$7.8B
| $8.57M | ﹤0.01% |
467,402
+4,142
| +0.9% | +$74.8K |
|
|
ITCI
1522
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $8.57M | ﹤0.01% |
220,799
+15,863
| +8% | +$570K |
|
|
ASRT
1523
DELISTED
Assertio
ASRT
| $8.56M | ﹤0.01% |
7,276
+367
| +5% | +$401K |
|
1524
Penske Automotive Group
PAG
$14.2B
| $8.56M | ﹤0.01% |
272,235
-1,058
| -0.4% | -$38.7K |
|
|
SWFT
1525
DELISTED
Swift Transportation Company
SWFT
| $8.53M | ﹤0.01% |
553,783
-33,874
| -6% | -$558K |
|
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.