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 | |
|---|---|---|---|---|---|---|
|
ORIT
1951
DELISTED
Oritani Financial Corp. New
ORIT
| $4.46M | ﹤0.01% |
278,865
+1,755
| +0.6% | +$29.2K |
|
1952
Q2 Holdings
QTWO
$3.92B
| $4.45M | ﹤0.01% |
158,694
+13,735
| +9% | +$344K |
|
1953
Insmed
INSM
$28.6B
| $4.44M | ﹤0.01% |
450,499
+25,648
| +6% | +$299K |
|
|
MACK
1954
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $4.44M | ﹤0.01% |
104,639
+6,295
| +6% | +$343K |
|
1955
UNIFI
UFI
$134M
| $4.43M | ﹤0.01% |
162,888
+5,545
| +4% | +$139K |
|
|
SEVN
1956
Seven Hills Realty Trust
SEVN
$174M
| – | – |
0
| – | – |
|
1957
Weis Markets
WMK
$1.86B
| $4.42M | ﹤0.01% |
87,413
-2,542
| -3% | -$122K |
|
1958
Installed Building Products
IBP
$6.49B
| $4.42M | ﹤0.01% |
121,738
+14,517
| +14% | +$451K |
|
1959
Inovio Pharmaceuticals
INO
$69M
| $4.41M | ﹤0.01% |
39,795
-325
| -0.8% | -$39.5K |
|
|
LDL
1960
DELISTED
Lydall, Inc.
LDL
| $4.41M | ﹤0.01% |
114,270
+6,477
| +6% | +$239K |
|
|
STEW
1961
SRH Total Return Fund
STEW
$1.81B
| – | – |
0
| – | – |
|
1962
Community Trust Bancorp
CTBI
$1.41B
| $4.4M | ﹤0.01% |
127,002
+2,188
| +2% | +$77.5K |
|
|
THR
1963
DELISTED
Thermon Group Holdings
THR
| $4.4M | ﹤0.01% |
229,016
+16,461
| +8% | +$316K |
|
1964
Amkor Technology
AMKR
$13.7B
| $4.38M | ﹤0.01% |
762,584
+10,213
| +1% | +$59.6K |
|
1965
Griffon
GFF
$4.86B
| $4.38M | ﹤0.01% |
260,045
-3,282
| -1% | -$53.2K |
|
|
LHCG
1966
DELISTED
LHC Group LLC
LHCG
| $4.38M | ﹤0.01% |
101,300
+2,905
| +3% | +$118K |
|
1967
Puma Biotechnology
PBYI
$454M
| $4.38M | ﹤0.01% |
146,950
+17,015
| +13% | +$532K |
|
|
UTEK
1968
DELISTED
Ultratech Inc.
UTEK
| $4.36M | ﹤0.01% |
190,014
-3,766
| -2% | -$82.3K |
|
1969
Greenlight Captial
GLRE
$506M
| $4.36M | ﹤0.01% |
216,368
+9,527
| +5% | +$196K |
|
|
FNHC
1970
DELISTED
FedNat Holding Company Common Stock
FNHC
| $4.36M | ﹤0.01% |
228,838
-21,236
| -8% | -$432K |
|
|
FFIC
1971
DELISTED
Flushing Financial
FFIC
| $4.35M | ﹤0.01% |
218,777
+1,159
| +0.5% | +$23.7K |
|
1972
Insteel Industries
IIIN
$625M
| $4.33M | ﹤0.01% |
151,651
-4,597
| -3% | -$130K |
|
|
CNR
1973
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $4.32M | ﹤0.01% |
270,157
+88,800
| +49% | +$1.36M |
|
|
HTO
1974
H2O America
HTO
$2.62B
| $4.31M | ﹤0.01% |
109,472
+1,581
| +1% | +$56.6K |
|
1975
First Bancorp
FBP
$4.38B
| $4.31M | ﹤0.01% |
1,084,888
+110,385
| +11% | +$415K |
|
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.