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 | |
|---|---|---|---|---|---|---|
|
RSO
2226
DELISTED
Resource Capital Corp.
RSO
| $2.74M | ﹤0.01% |
213,315
+5,122
| +2% | +$62.9K |
|
|
OTIC
2227
DELISTED
Otonomy, Inc.
OTIC
| $2.71M | ﹤0.01% |
170,819
+18,780
| +12% | +$280K |
|
2228
Mesa Laboratories
MLAB
$574M
| $2.71M | ﹤0.01% |
22,020
+1,594
| +8% | +$172K |
|
|
GNMK
2229
DELISTED
GenMark Diagnostics, Inc
GNMK
| $2.71M | ﹤0.01% |
311,076
+25,012
| +9% | +$171K |
|
|
REGI
2230
DELISTED
Renewable Energy Group, Inc.
REGI
| $2.7M | ﹤0.01% |
306,254
+45,945
| +18% | +$424K |
|
|
TPCO
2231
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $2.7M | ﹤0.01% |
195,585
+56,799
| +41% | +$638K |
|
|
ACRE
2232
Ares Commercial Real Estate
ACRE
$270M
| $2.68M | ﹤0.01% |
218,108
+2,566
| +1% | +$30.3K |
|
2233
Flex
FLEX
$44.8B
| $2.67M | ﹤0.01% |
303,059
+4,752
| +2% | +$44.3K |
|
|
MITT
2234
TPG Mortgage Investment Trust
MITT
$225M
| $2.67M | ﹤0.01% |
61,747
-3,358
| -5% | -$138K |
|
|
CZR
2235
DELISTED
Caesars Entertainment Corporation
CZR
| $2.66M | ﹤0.01% |
346,409
+7,976
| +2% | +$59.2K |
|
|
LDR
2236
DELISTED
Landauer Inc
LDR
| $2.66M | ﹤0.01% |
64,594
+683
| +1% | +$25.4K |
|
2237
Barnes & Noble Education
BNED
$443M
| $2.65M | ﹤0.01% |
2,610
+100
| +4% | +$94.9K |
|
|
INFO
2238
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $2.65M | ﹤0.01% |
81,266
-337
| -0.4% | -$11.4K |
|
2239
Preferred Bank
PFBC
$1.25B
| $2.65M | ﹤0.01% |
91,673
+1,343
| +1% | +$41.8K |
|
2240
Arrow Financial
AROW
$652M
| $2.65M | ﹤0.01% |
110,652
+1,716
| +2% | +$38.5K |
|
|
FRP
2241
DELISTED
Fairpoint Communications, Inc.
FRP
| $2.64M | ﹤0.01% |
180,163
+23,358
| +15% | +$329K |
|
|
AHRT
2242
AH Realty Trust
AHRT
$517M
| $2.64M | ﹤0.01% |
191,949
+25,368
| +15% | +$308K |
|
2243
Modine Manufacturing
MOD
$10.4B
| $2.63M | ﹤0.01% |
299,496
-8,811
| -3% | -$90.7K |
|
|
RFP
2244
DELISTED
Resolute Forest Products Inc.
RFP
| $2.63M | ﹤0.01% |
497,954
| – | – |
|
|
LL
2245
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.63M | ﹤0.01% |
170,707
+7,649
| +5% | +$106K |
|
|
LION
2246
DELISTED
Fidelity Southern Corporation
LION
| $2.63M | ﹤0.01% |
167,907
+1,155
| +0.7% | +$18.5K |
|
2247
Tredegar Corp
TG
$310M
| $2.63M | ﹤0.01% |
163,162
+4,504
| +3% | +$72.5K |
|
|
SPPI
2248
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.63M | ﹤0.01% |
400,313
+6,614
| +2% | +$46.7K |
|
2249
Powell Industries
POWL
$7.71B
| $2.63M | ﹤0.01% |
200,517
+8,355
| +4% | +$93.8K |
|
2250
Financial Institutions
FISI
$821M
| $2.63M | ﹤0.01% |
100,745
+4,172
| +4% | +$115K |
|
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.