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 | |
|---|---|---|---|---|---|---|
|
CET
1976
Central Securities Corp
CET
$1.65B
| – | – |
0
| – | – |
|
1977
Kelly Services Class A
KELYA
$528M
| $4.29M | ﹤0.01% |
226,007
+6,626
| +3% | +$126K |
|
|
FFG
1978
DELISTED
FBL Financial Group
FFG
| $4.27M | ﹤0.01% |
70,429
+1,018
| +1% | +$61.6K |
|
|
TAHO
1979
DELISTED
Tahoe Resources Inc
TAHO
| $4.26M | ﹤0.01% |
284,691
+154,745
| +119% | +$1.98M |
|
|
SAGE
1980
DELISTED
Sage Therapeutics
SAGE
| $4.24M | ﹤0.01% |
140,674
+20,924
| +17% | +$698K |
|
1981
Winnebago Industries
WGO
$909M
| $4.24M | ﹤0.01% |
184,969
+5,640
| +3% | +$121K |
|
|
HEES
1982
DELISTED
H&E Equipment Services
HEES
| $4.23M | ﹤0.01% |
222,423
+12,611
| +6% | +$237K |
|
|
PRSU
1983
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $4.23M | ﹤0.01% |
136,385
+4,974
| +4% | +$152K |
|
|
HIFR
1984
DELISTED
InfraREIT, Inc.
HIFR
| $4.23M | ﹤0.01% |
240,964
+46,425
| +24% | +$787K |
|
|
FRGI
1985
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $4.22M | ﹤0.01% |
193,604
+10,055
| +5% | +$284K |
|
1986
Stride
LRN
$3.43B
| $4.22M | ﹤0.01% |
337,871
-41,848
| -11% | -$474K |
|
|
PGND
1987
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $4.22M | ﹤0.01% |
107,261
+19,202
| +22% | +$643K |
|
|
BGC
1988
DELISTED
General Cable Corporation
BGC
| $4.21M | ﹤0.01% |
331,616
-2,772
| -0.8% | -$38.3K |
|
|
NSA
1989
DELISTED
National Storage Affiliates Trust
NSA
| $4.21M | ﹤0.01% |
202,322
-2,007
| -1% | -$41.7K |
|
1990
Customers Bancorp
CUBI
$2.77B
| $4.21M | ﹤0.01% |
167,603
-398
| -0.2% | -$10.1K |
|
|
ECHO
1991
DELISTED
Echo Global Logistics, Inc.
ECHO
| $4.2M | ﹤0.01% |
187,388
+4,902
| +3% | +$116K |
|
|
GHDX
1992
DELISTED
Genomic Health, Inc.
GHDX
| $4.19M | ﹤0.01% |
161,839
+3,761
| +2% | +$99.9K |
|
|
SHOE
1993
Shoe Station Group
SHOE
$428M
| $4.19M | ﹤0.01% |
334,228
-30,926
| -8% | -$385K |
|
1994
Koppers
KOP
$969M
| $4.18M | ﹤0.01% |
136,117
+2,746
| +2% | +$71.1K |
|
|
EIGI
1995
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $4.18M | ﹤0.01% |
464,624
+8,059
| +2% | +$77.5K |
|
|
FPO
1996
DELISTED
First Potomac Realty Trust
FPO
| $4.17M | ﹤0.01% |
453,062
-20,885
| -4% | -$186K |
|
1997
American Coastal Insurance
ACIC
$493M
| $4.17M | ﹤0.01% |
254,477
-21,545
| -8% | -$367K |
|
|
CWEN.A
1998
DELISTED
Clearway Energy Class A
CWEN.A
| $4.16M | ﹤0.01% |
273,208
+58,618
| +27% | +$848K |
|
1999
SPX Corp
SPXC
$10.8B
| $4.16M | ﹤0.01% |
279,976
+28,587
| +11% | +$453K |
|
2000
Douglas Dynamics
PLOW
$1.02B
| $4.16M | ﹤0.01% |
161,533
+17,783
| +12% | +$400K |
|
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.