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 | |
|---|---|---|---|---|---|---|
|
TUES
2376
DELISTED
Tuesday Morning Corp
TUES
| $2.15M | ﹤0.01% |
306,151
+6,647
| +2% | +$48.6K |
|
2377
Ring Energy
REI
$339M
| $2.14M | ﹤0.01% |
242,772
+82,309
| +51% | +$616K |
|
2378
Natural Gas Services Group
NGS
$477M
| $2.12M | ﹤0.01% |
92,715
+7,320
| +9% | +$164K |
|
|
QHC
2379
DELISTED
Quorum Health Corporation
QHC
| $2.12M | ﹤0.01% |
+198,181
| New | +$2.31M |
|
2380
Axcelis
ACLS
$4.33B
| $2.12M | ﹤0.01% |
196,912
+1,163
| +0.6% | +$12.5K |
|
|
HSII
2381
DELISTED
Heidrick & Struggles
HSII
| $2.12M | ﹤0.01% |
125,473
+3,634
| +3% | +$72.1K |
|
2382
TAL Education Group
TAL
$6.87B
| $2.12M | ﹤0.01% |
205,698
+138,678
| +207% | +$1.27M |
|
2383
Chefs' Warehouse
CHEF
$4.5B
| $2.12M | ﹤0.01% |
132,200
+8,390
| +7% | +$143K |
|
2384
British American Tobacco
BTI
$128B
| $2.11M | ﹤0.01% |
32,636
+122
| +0.4% | +$7.39K |
|
2385
Republic Bancorp
RBCAA
$1.95B
| $2.11M | ﹤0.01% |
76,415
+79
| +0.1% | +$2.13K |
|
2386
V2X
VVX
$2.65B
| $2.11M | ﹤0.01% |
74,125
-842
| -1% | -$20.2K |
|
|
WW
2387
DELISTED
WW International
WW
| $2.11M | ﹤0.01% |
181,621
+11,670
| +7% | +$161K |
|
|
ELRC
2388
DELISTED
ELECTRO RENT CORP
ELRC
| $2.11M | ﹤0.01% |
136,841
+9,943
| +8% | +$111K |
|
|
ARMH
2389
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $2.1M | ﹤0.01% |
46,226
-4,075
| -8% | -$172K |
|
2390
Seneca Foods Class A
SENEA
$1.21B
| $2.1M | ﹤0.01% |
58,059
-602
| -1% | -$19.9K |
|
2391
Angi Inc
ANGI
$196M
| $2.1M | ﹤0.01% |
32,259
+1,908
| +6% | +$157K |
|
2392
Columbus McKinnon
CMCO
$584M
| $2.1M | ﹤0.01% |
148,075
+13,531
| +10% | +$209K |
|
2393
Zumiez
ZUMZ
$339M
| $2.09M | ﹤0.01% |
146,265
-682
| -0.5% | -$10.8K |
|
|
OMN
2394
DELISTED
OMNOVA Solutions Inc.
OMN
| $2.09M | ﹤0.01% |
288,381
+8,691
| +3% | +$58.4K |
|
2395
Vera Bradley
VRA
$98.7M
| $2.09M | ﹤0.01% |
147,426
+1,635
| +1% | +$26.4K |
|
2396
Houlihan Lokey
HLI
$9.02B
| $2.07M | ﹤0.01% |
92,738
+1,060
| +1% | +$25.5K |
|
|
AGEN
2397
Agenus
AGEN
$290M
| $2.07M | ﹤0.01% |
26,054
+835
| +3% | +$65.1K |
|
2398
Sanofi
SNY
$104B
| $2.07M | ﹤0.01% |
49,478
-7,262
| -13% | -$298K |
|
2399
Bassett Furniture
BSET
$176M
| $2.07M | ﹤0.01% |
86,431
+347
| +0.4% | +$10.1K |
|
2400
Lifecore Biomedical
LFCR
$190M
| $2.06M | ﹤0.01% |
191,804
+1,306
| +0.7% | +$14.4K |
|
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.