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 | |
|---|---|---|---|---|---|---|
|
BMTC
2051
DELISTED
Bryn Mawr Bank Corp
BMTC
| $3.81M | ﹤0.01% |
130,508
+1,605
| +1% | +$45K |
|
2052
Interparfums
IPAR
$3.94B
| $3.81M | ﹤0.01% |
133,253
+3,020
| +2% | +$90.5K |
|
2053
James River Group Holdings
JRVR
$217M
| $3.81M | ﹤0.01% |
112,103
-6,113
| -5% | -$199K |
|
2054
Cass Information Systems
CASS
$743M
| $3.81M | ﹤0.01% |
97,178
+7,246
| +8% | +$272K |
|
2055
Rayonier Advanced Materials
RYAM
$610M
| $3.8M | ﹤0.01% |
279,823
+12,352
| +5% | +$151K |
|
|
TARO
2056
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $3.79M | ﹤0.01% |
26,115
+12,298
| +89% | +$1.74M |
|
|
BNFT
2057
DELISTED
Benefitfocus, Inc.
BNFT
| $3.79M | ﹤0.01% |
99,571
+7,162
| +8% | +$261K |
|
|
ITG
2058
DELISTED
Investment Technology Group Inc
ITG
| $3.79M | ﹤0.01% |
226,940
+1,570
| +0.7% | +$29.4K |
|
|
DVAX
2059
DELISTED
Dynavax Technologies
DVAX
| $3.79M | ﹤0.01% |
260,091
+3,941
| +2% | +$67.3K |
|
2060
TTM Technologies
TTMI
$14.5B
| $3.77M | ﹤0.01% |
501,366
+32,035
| +7% | +$227K |
|
2061
OneSpan
OSPN
$618M
| $3.75M | ﹤0.01% |
229,013
+33,436
| +17% | +$556K |
|
|
SQI
2062
DELISTED
SCIQUEST, INC. COMMON STOCK
SQI
| $3.75M | ﹤0.01% |
212,513
+20,442
| +11% | +$310K |
|
2063
Strategic Education
STRA
$1.92B
| $3.74M | ﹤0.01% |
76,122
+712
| +0.9% | +$33.7K |
|
|
GTT
2064
DELISTED
GTT Communications, Inc.
GTT
| $3.73M | ﹤0.01% |
201,890
+3,675
| +2% | +$62K |
|
2065
Vipshop
VIPS
$7.53B
| $3.68M | ﹤0.01% |
330,913
+229,600
| +227% | +$2.81M |
|
2066
QuidelOrtho
QDEL
$838M
| $3.68M | ﹤0.01% |
205,852
+1,418
| +0.7% | +$24.5K |
|
|
CSW
2067
CSW Industrials
CSW
$5.71B
| $3.67M | ﹤0.01% |
112,616
+16,574
| +17% | +$541K |
|
2068
Onto Innovation
ONTO
$15.3B
| $3.65M | ﹤0.01% |
175,332
+9,838
| +6% | +$174K |
|
2069
York Water
YORW
$514M
| $3.64M | ﹤0.01% |
113,586
+6,047
| +6% | +$179K |
|
|
SHPG
2070
DELISTED
Shire pic
SHPG
| $3.63M | ﹤0.01% |
20,018
-745
| -4% | -$135K |
|
2071
TETRA Technologies
TTI
$1.26B
| $3.63M | ﹤0.01% |
569,976
+48,297
| +9% | +$298K |
|
2072
Expro Ltd
XPRO
$1.91B
| $3.63M | ﹤0.01% |
41,380
+708
| +2% | +$67.3K |
|
2073
Match Group
MTCH
$8.55B
| $3.62M | ﹤0.01% |
240,169
+18,782
| +8% | +$247K |
|
2074
MGP Ingredients
MGPI
$375M
| $3.62M | ﹤0.01% |
94,654
+6,148
| +7% | +$183K |
|
|
IBTX
2075
DELISTED
Independent Bank Group, Inc.
IBTX
| $3.61M | ﹤0.01% |
84,217
+7,443
| +10% | +$265K |
|
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.