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 | |
|---|---|---|---|---|---|---|
1601
WisdomTree
WT
$3.22B
| $7.66M | ﹤0.01% |
782,302
+11,312
| +1% | +$125K |
|
|
KS
1602
DELISTED
KapStone Paper and Pack Corp.
KS
| $7.65M | ﹤0.01% |
588,362
+29,445
| +5% | +$432K |
|
|
NVRO
1603
DELISTED
NEVRO CORP.
NVRO
| $7.64M | ﹤0.01% |
103,562
+13,895
| +15% | +$943K |
|
|
FOE
1604
DELISTED
Ferro Corporation
FOE
| $7.63M | ﹤0.01% |
570,398
+48,238
| +9% | +$640K |
|
1605
Integer Holdings
ITGR
$4.26B
| $7.63M | ﹤0.01% |
246,687
-13,341
| -5% | -$439K |
|
1606
Clearwater Paper
CLW
$376M
| $7.61M | ﹤0.01% |
116,344
+775
| +0.7% | +$45.3K |
|
|
PMT
1607
PennyMac Mortgage Investment
PMT
$842M
| $7.6M | ﹤0.01% |
468,480
-3,295
| -0.7% | -$48.3K |
|
|
NAVG
1608
DELISTED
Navigators Group Inc
NAVG
| $7.6M | ﹤0.01% |
165,254
-7,938
| -5% | -$346K |
|
1609
Forum Energy Technologies
FET
$835M
| $7.58M | ﹤0.01% |
21,910
+1,396
| +7% | +$447K |
|
1610
OSI Systems
OSIS
$3.89B
| $7.58M | ﹤0.01% |
130,417
+1,556
| +1% | +$85.7K |
|
1611
Agree Realty
ADC
$9.41B
| $7.58M | ﹤0.01% |
157,133
+24,343
| +18% | +$1.02M |
|
1612
MaxLinear
MXL
$6.8B
| $7.54M | ﹤0.01% |
419,412
+71,131
| +20% | +$1.32M |
|
|
CVGW
1613
DELISTED
Calavo Growers
CVGW
| $7.52M | ﹤0.01% |
112,254
+7,346
| +7% | +$436K |
|
1614
Photronics
PLAB
$1.93B
| $7.51M | ﹤0.01% |
842,880
+17,188
| +2% | +$171K |
|
1615
Coherent
COHR
$74.2B
| $7.49M | ﹤0.01% |
399,088
+10,093
| +3% | +$206K |
|
1616
Repligen
RGEN
$9.25B
| $7.49M | ﹤0.01% |
273,601
+25,662
| +10% | +$656K |
|
1617
Evertec
EVTC
$1.78B
| $7.47M | ﹤0.01% |
480,612
+12,283
| +3% | +$178K |
|
|
GIMO
1618
DELISTED
Gigamon Inc.
GIMO
| $7.45M | ﹤0.01% |
199,248
+12,044
| +6% | +$384K |
|
1619
Acco Brands
ACCO
$407M
| $7.44M | ﹤0.01% |
720,583
-9,263
| -1% | -$89.7K |
|
1620
Insight Enterprises
NSIT
$4.51B
| $7.4M | ﹤0.01% |
284,799
+7,269
| +3% | +$194K |
|
1621
RH
RH
$3.71B
| $7.4M | ﹤0.01% |
257,985
+26,650
| +12% | +$954K |
|
1622
Werner Enterprises
WERN
$2.25B
| $7.4M | ﹤0.01% |
322,076
+6,834
| +2% | +$170K |
|
1623
Rogers Corp
ROG
$2.4B
| $7.38M | ﹤0.01% |
120,716
+779
| +0.6% | +$48K |
|
1624
Universal Electronics
UEIC
$60.1M
| $7.36M | ﹤0.01% |
101,799
-3,089
| -3% | -$203K |
|
1625
The Ensign Group
ENSG
$10.7B
| $7.33M | ﹤0.01% |
373,245
+1,960
| +0.5% | +$39.1K |
|
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.