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 | |
|---|---|---|---|---|---|---|
|
SRG
1676
Seritage Growth Properties
SRG
$136M
| $6.67M | ﹤0.01% |
133,845
+50,238
| +60% | +$2.52M |
|
1677
Vodafone
VOD
$37.4B
| $6.67M | ﹤0.01% |
215,914
+2,128
| +1% | +$69.1K |
|
1678
Andersons Inc
ANDE
$2.22B
| $6.66M | ﹤0.01% |
187,406
-625
| -0.3% | -$20.4K |
|
1679
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
1680
S&T Bancorp
STBA
$1.79B
| $6.64M | ﹤0.01% |
271,577
+7,362
| +3% | +$187K |
|
1681
United Fire Group
UFCS
$1.4B
| $6.64M | ﹤0.01% |
156,515
+3,297
| +2% | +$140K |
|
|
STAY
1682
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $6.64M | ﹤0.01% |
444,103
+34,393
| +8% | +$517K |
|
1683
Performance Food Group
PFGC
$18B
| $6.64M | ﹤0.01% |
246,605
+97,777
| +66% | +$2.47M |
|
|
IPCC
1684
DELISTED
Infinity Property & Casualty C
IPCC
| $6.63M | ﹤0.01% |
82,143
-111
| -0.1% | -$8.66K |
|
|
HAPN
1685
Happen Inc
HAPN
$2.24B
| $6.61M | ﹤0.01% |
307,431
+68,416
| +29% | +$1.97M |
|
|
CKH
1686
DELISTED
Seacor Holdings Inc.
CKH
| $6.59M | ﹤0.01% |
117,687
-4,711
| -4% | -$259K |
|
1687
Cleveland-Cliffs
CLF
$6.99B
| $6.59M | ﹤0.01% |
1,163,287
+130,324
| +13% | +$536K |
|
1688
Patrick Industries
PATK
$2.95B
| $6.59M | ﹤0.01% |
246,071
+6,745
| +3% | +$151K |
|
1689
Ryanair
RYAAY
$31.3B
| $6.59M | ﹤0.01% |
236,783
+17,708
| +8% | +$574K |
|
1690
Unitil
UTL
$980M
| $6.59M | ﹤0.01% |
154,369
+758
| +0.5% | +$30.8K |
|
1691
Builders FirstSource
BLDR
$8.04B
| $6.58M | ﹤0.01% |
584,926
+121,577
| +26% | +$1.4M |
|
1692
Stewart Information Services
STC
$2.08B
| $6.57M | ﹤0.01% |
158,729
+10,285
| +7% | +$379K |
|
|
LDRH
1693
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $6.56M | ﹤0.01% |
177,672
+14,725
| +9% | +$418K |
|
1694
National Healthcare
NHC
$3.37B
| $6.56M | ﹤0.01% |
101,280
+1,374
| +1% | +$87.2K |
|
|
IPHS
1695
DELISTED
Innophos Holdings, Inc.
IPHS
| $6.54M | ﹤0.01% |
155,034
-1,841
| -1% | -$69.1K |
|
|
TIER
1696
DELISTED
TIER REIT, Inc.
TIER
| $6.53M | ﹤0.01% |
426,223
+49,297
| +13% | +$735K |
|
1697
Adtran
ADTN
$616M
| $6.53M | ﹤0.01% |
350,277
+6,160
| +2% | +$117K |
|
1698
Enpro
NPO
$7.05B
| $6.5M | ﹤0.01% |
146,475
+434
| +0.3% | +$22.5K |
|
1699
MiMedx Group
MDXG
$633M
| $6.5M | ﹤0.01% |
814,635
+10,449
| +1% | +$81.3K |
|
|
CALY
1700
Callaway Golf Company
CALY
$3.14B
| $6.49M | ﹤0.01% |
636,012
+57,000
| +10% | +$549K |
|
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.