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 | |
|---|---|---|---|---|---|---|
176
Allstate
ALL
$68.1B
| $214M | 0.12% |
3,059,582
-51,200
| -2% | -$3.43M |
|
177
Air Products & Chemicals
APD
$65.6B
| $213M | 0.12% |
1,621,799
-3,516
| -0.2% | -$468K |
|
|
APC
178
DELISTED
Anadarko Petroleum
APC
| $213M | 0.12% |
4,000,632
-26,723
| -0.7% | -$1.35M |
|
179
Edison International
EIX
$26.3B
| $211M | 0.12% |
2,727,366
+43,421
| +2% | +$3.12M |
|
180
Consolidated Edison
ED
$39.6B
| $211M | 0.11% |
2,628,113
+93,833
| +4% | +$7.05M |
|
181
Ross Stores
ROST
$81.1B
| $211M | 0.11% |
3,721,876
+47,652
| +1% | +$2.65M |
|
182
Weyerhaeuser
WY
$18.5B
| $210M | 0.11% |
7,074,246
-236,390
| -3% | -$7.27M |
|
|
ALXN
183
DELISTED
Alexion Pharmaceuticals
ALXN
| $209M | 0.11% |
1,794,044
-25,904
| -1% | -$3.68M |
|
184
Sysco
SYY
$40.5B
| $208M | 0.11% |
4,111,396
-348,887
| -8% | -$16.9M |
|
185
NVIDIA
NVDA
$5.36T
| $208M | 0.11% |
176,904,280
-9,640,160
| -5% | -$9.94M |
|
186
Archer Daniels Midland
ADM
$37.9B
| $207M | 0.11% |
4,841,444
-349,071
| -7% | -$13.9M |
|
187
Humana
HUM
$43.5B
| $207M | 0.11% |
1,150,555
-16,007
| -1% | -$2.84M |
|
188
CSX Corp
CSX
$94.4B
| $206M | 0.11% |
23,681,748
-228,252
| -1% | -$1.99M |
|
189
Cardinal Health
CAH
$55.7B
| $205M | 0.11% |
2,628,328
-94,492
| -3% | -$7.53M |
|
190
Southwest Airlines
LUV
$24.1B
| $202M | 0.11% |
5,152,993
-227,419
| -4% | -$9.73M |
|
191
Newmont
NEM
$111B
| $200M | 0.11% |
5,115,617
+189,046
| +4% | +$6.26M |
|
192
Paychex
PAYX
$41.6B
| $199M | 0.11% |
3,352,549
+63,350
| +2% | +$3.39M |
|
|
PXD
193
DELISTED
Pioneer Natural Resource Co.
PXD
| $199M | 0.11% |
1,318,881
-30,621
| -2% | -$4.8M |
|
194
Baxter International
BAX
$14.3B
| $198M | 0.11% |
4,379,644
+4,440
| +0.1% | +$195K |
|
195
Norfolk Southern
NSC
$76.7B
| $196M | 0.11% |
2,311,598
-75,821
| -3% | -$6.44M |
|
196
AutoZone
AZO
$49.8B
| $196M | 0.11% |
247,567
-4,739
| -2% | -$3.65M |
|
|
SE
197
DELISTED
Spectra Energy Corp Wi
SE
| $196M | 0.11% |
5,364,931
+59,575
| +1% | +$1.9M |
|
198
Xcel Energy
XEL
$48.2B
| $195M | 0.11% |
4,364,386
+68,756
| +2% | +$2.85M |
|
199
Edwards Lifesciences
EW
$51.1B
| $194M | 0.11% |
5,855,298
+193,374
| +3% | +$6.62M |
|
200
Sherwin-Williams
SHW
$88.7B
| $194M | 0.11% |
1,985,307
-28,359
| -1% | -$2.76M |
|
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.