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 | |
|---|---|---|---|---|---|---|
|
FBC
2076
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $3.6M | ﹤0.01% |
147,545
-1,305
| -0.9% | -$30.2K |
|
2077
Wipro
WIT
$20B
| $3.6M | ﹤0.01% |
1,553,707
-427,397
| -22% | -$976K |
|
|
NRE
2078
DELISTED
NorthStar Realty Europe Corp.
NRE
| $3.58M | ﹤0.01% |
387,536
-15,607
| -4% | -$175K |
|
2079
Kforce
KFRC
$1.06B
| $3.58M | ﹤0.01% |
212,137
+11,261
| +6% | +$209K |
|
2080
Great Southern Bancorp
GSBC
$878M
| $3.55M | ﹤0.01% |
96,071
-1,119
| -1% | -$42.9K |
|
2081
Marten Transport
MRTN
$1.22B
| $3.54M | ﹤0.01% |
446,848
+5,163
| +1% | +$39.3K |
|
|
GNCMA
2082
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $3.53M | ﹤0.01% |
223,466
-35,351
| -14% | -$577K |
|
2083
Artesian Resources
ARTNA
$358M
| $3.53M | ﹤0.01% |
103,974
+2,670
| +3% | +$76.8K |
|
|
PGTI
2084
DELISTED
PGT, Inc.
PGTI
| $3.51M | ﹤0.01% |
341,197
+6,068
| +2% | +$62.6K |
|
|
CRC
2085
DELISTED
California Resources Corporation
CRC
| $3.5M | ﹤0.01% |
286,954
+16,646
| +6% | +$265K |
|
2086
Materion
MTRN
$6.04B
| $3.5M | ﹤0.01% |
141,183
+1,662
| +1% | +$42.7K |
|
2087
Motorcar Parts of America
MPAA
$258M
| $3.49M | ﹤0.01% |
128,516
+1,311
| +1% | +$41.2K |
|
2088
Enviri
NVRI
$620M
| $3.48M | ﹤0.01% |
523,423
+28,670
| +6% | +$187K |
|
2089
Coherus Oncology
CHRS
$196M
| $3.47M | ﹤0.01% |
205,465
+103,752
| +102% | +$1.95M |
|
2090
Adams Diversified Equity Fund
ADX
$3.2B
| – | – |
0
| – | – |
|
2091
Pacific Biosciences
PACB
$370M
| $3.43M | ﹤0.01% |
487,267
+14,167
| +3% | +$129K |
|
|
TBRG
2092
DELISTED
TruBridge
TBRG
| $3.42M | ﹤0.01% |
85,701
-22,715
| -21% | -$1.03M |
|
|
SRDX
2093
DELISTED
Surmodics
SRDX
| $3.4M | ﹤0.01% |
145,056
+8,339
| +6% | +$183K |
|
|
NPKI
2094
NPK International
NPKI
$1.14B
| $3.4M | ﹤0.01% |
588,059
+13,685
| +2% | +$66.9K |
|
|
OCLR
2095
DELISTED
Oclaro Inc.
OCLR
| $3.4M | ﹤0.01% |
696,706
+48,067
| +7% | +$239K |
|
2096
IDT Corp
IDT
$1.62B
| $3.4M | ﹤0.01% |
283,096
-50,611
| -15% | -$560K |
|
2097
Center Bancorp
CNOB
$1.78B
| $3.38M | ﹤0.01% |
215,501
+3,252
| +2% | +$52.5K |
|
2098
Marcus & Millichap
MMI
$1.19B
| $3.38M | ﹤0.01% |
133,029
+1,814
| +1% | +$45.7K |
|
2099
Gorman-Rupp
GRC
$2.21B
| $3.37M | ﹤0.01% |
122,864
-224
| -0.2% | -$6.24K |
|
2100
Sonic Automotive
SAH
$2.61B
| $3.36M | ﹤0.01% |
196,658
-4,026
| -2% | -$69.6K |
|
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.