GEO GROUP INC NEW GEO
COM · Common Stock · CUSIP 36162J106 · ISIN US36162J1060
American institutional facilities company
- SectorIndustrials
- IndustryGeneral Bldg Contractors - Residential Bldgs
- HeadquartersBoca Raton, FL
- Founded1984
- Websitegeogroup.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.4m this quarter). Holder counts are more reliable. Shares outstanding: 139.8m as of 2024-11-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.86. Options: 21 managers hold calls ($102.6m notional), 17 hold puts ($82.7m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 218 |
| Q4 2022 | 231 |
| Q1 2023 | 221 |
| Q2 2023 | 198 |
| Q3 2023 | 201 |
| Q4 2023 | 203 |
| Q1 2024 | 225 |
| Q2 2024 | 227 |
| Q3 2024 | 240 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 105 | 110 |
| Q1 2023 | 113 | 108 |
| Q2 2023 | 82 | 111 |
| Q3 2023 | 93 | 98 |
| Q4 2023 | 85 | 106 |
| Q1 2024 | 111 | 99 |
| Q2 2024 | 116 | 106 |
| Q3 2024 | 125 | 106 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $84.1m | $55.3m | 0.66 |
| Q1 2024 | $67.3m | $56.7m | 0.84 |
| Q2 2024 | $68.7m | $53.9m | 0.79 |
| Q3 2024 | $102.6m | $82.7m | 0.81 |
Biggest buyers
| Hodges Capital Management Inc. | Added | +739.5k |
| Point72 Asset Management, L.P. | Added | +628.6k |
| Qube Research & Technologies Ltd | New | +595.0k |
| Invesco Ltd. | Added | +555.2k |
| Allianz Asset Management GmbH | Added | +389.4k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | New | +387.1k |
| Shay Capital LLC | Added | +377.8k |
| Apis Capital Advisors, LLC | New | +373.0k |
| VANGUARD GROUP INC | Added | +333.7k |
| CARRONADE CAPITAL MANAGEMENT, LP | Added | +301.8k |
Biggest sellers
| FMR LLC | Reduced | -2.3m |
| Philadelphia Financial Management of San Francisco, LLC | Sold out | -2.2m |
| NISA INVESTMENT ADVISORS, LLC | Reduced | -589.9k |
| ExodusPoint Capital Management, LP | Reduced | -579.4k |
| Prospect Capital Advisors, LLC | Sold out | -577.5k |
| Invenomic Capital Management LP | Sold out | -501.0k |
| Weiss Asset Management LP | Reduced | -395.9k |
| CenterBook Partners LP | Reduced | -336.7k |
| GREAT LAKES ADVISORS, LLC | Sold out | -312.5k |
| Brevan Howard Capital Management LP | Sold out | -292.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $27.9m2.2m shares |
| CITADEL ADVISORS LLC | Added | $11.2m873.1k shares |
| SIMPLEX TRADING, LLC | Added | $9.8m766.0k shares |
| GROUP ONE TRADING LLC | Added | $9.5m738.3k shares |
| Squarepoint Ops LLC | Added | $7.8m603.6k shares |
| JPMORGAN CHASE & CO | New | $7.3m569.8k shares |
| JANE STREET GROUP, LLC | Added | $6.2m481.6k shares |
| Shay Capital LLC | Added | $6.1m477.0k shares |
| IMC-Chicago, LLC | Added | $4.6m354.5k shares |
| Brevan Howard Capital Management LP | Added | $4.2m325.0k shares |
Biggest puts
| WOLVERINE ASSET MANAGEMENT LLC | Added | $16.9m1.3m shares |
| Parallax Volatility Advisers, L.P. | Added | $13.7m1.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.2m1.0m shares |
| GROUP ONE TRADING LLC | New | $9.4m732.5k shares |
| CITADEL ADVISORS LLC | Added | $9.1m705.4k shares |
| SIMPLEX TRADING, LLC | New | $6.1m474.1k shares |
| JPMORGAN CHASE & CO | New | $3.9m300.0k shares |
| IMC-Chicago, LLC | New | $3.7m288.0k shares |
| WOLVERINE TRADING, LLC | Added | $1.9m146.6k shares |
| JANE STREET GROUP, LLC | New | $1.7m133.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Pentwater Capital Management LP 13G · institution new · filed 2026-05-15 | 7.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: CONTINENTAL GENERAL INSURANCE CO (3.7%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 2 | $58.0k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 2 | $143.3k | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $20.4k | $20.4k |
| Q1 2024 | 1 | $624.0k | 2 | $92.8k | $25.0k |
| Q2 2024 | 0 | — | 2 | $109.7k | $37.5k |
| Q3 2024 | 1 | $3.1m | 1 | $43.8k | $43.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-13 | ZOLEY GEORGE C Executive Chairman, director | Bought | $616.5k50.0k shares |
| 2024-08-12 | ZOLEY GEORGE C Executive Chairman, director | Bought | $1.2m100.0k shares |
| 2024-08-09 | ZOLEY GEORGE C Executive Chairman, director | Bought | $1.2m100.0k shares |
| 2024-07-15 | March Shayn P. EVP of Finance and Treasurer | Sold plan | $43.8k2.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| MetLife Investment Management, LLC 0.01% of their portfolio | 68.3k $877.2k | Reduced -3.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 68.0k $874.3k | Added +6.2k |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 65.8k $845.5k | Reduced -1.3k |
| MYDA Advisors LLC 0.24% of their portfolio | 65.0k $835.2k | Added +15.0k |
| WOLVERINE TRADING, LLC 0.02% of their portfolio | 63.3k $804.8k | Reduced -18.9k |
| RBF Capital, LLC 0.04% of their portfolio | 60.0k $771.0k | Added +20.0k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 53.5k $687.9k | Unchanged |
| IMC-Chicago, LLC 0.02% of their portfolio | 53.0k $680.7k | Added +12.5k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 52.8k $679.1k | Reduced -402 |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 51.3k $659.1k | New |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 49.1k $630.4k | New |
| TWINBEECH CAPITAL LP 0.01% of their portfolio | 48.1k $618.3k | New |
| AlphaQuest LLC 0.05% of their portfolio | 47.4k $608.8k | New |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 47.4k $608.8k | Added +31.9k |
| Versor Investments LP 0.10% of their portfolio | 47.0k $604.0k | New |
| Maryland State Retirement & Pension System 0.01% of their portfolio | 46.5k $597.2k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 45.4k $583.9k | Reduced -496 |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 45.0k $578.2k | Added +12.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 40.7k $522.0k | Added +2.1k |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 40.0k $514.5k | Reduced -5.3k |
| AMALGAMATED BANK 0.00% of their portfolio | 39.8k $512.0k | Reduced -456 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 39.2k $504.3k | Added +3.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 39.0k $501.0k | Unchanged |
| Pekin Hardy Strauss, Inc. 0.06% of their portfolio | 38.2k $490.9k | Added +15.1k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 36.1k $463.7k | Added +1.6k |
| Apollon Wealth Management, LLC 0.01% of their portfolio | 34.1k $438.0k | Reduced -18 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 33.4k $428.5k | Reduced -21.9k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 32.4k $416.2k | Added +1.1k |
| HANCOCK WHITNEY CORP 0.01% of their portfolio | 32.2k $413.5k | Added +284 |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND 0.01% of their portfolio | 32.1k $412.1k | Reduced -300 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 32.0k $410.8k | Reduced -2.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 31.4k $404.0k | New |
| Vontobel Holding Ltd. 0.00% of their portfolio | 30.6k $393.1k | New |
| Sterneck Capital Management, LLC 0.20% of their portfolio | 29.2k $374.9k | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 29.1k $373.6k | Added +353 |
| Sterling Capital Management LLC 0.00% of their portfolio | 28.4k $365.1k | First filing |
| FOX RUN MANAGEMENT, L.L.C. 0.08% of their portfolio | 28.0k $360.1k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 28.0k $359.3k | Reduced -105.2k |
| IHT Wealth Management, LLC 0.01% of their portfolio | 27.9k $358.3k | Reduced -1.3k |
| ProShare Advisors LLC 0.00% of their portfolio | 26.2k $336.1k | Added +7.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 25.9k $332.5k | Added +2.7k |
| Samalin Investment Counsel, LLC 0.14% of their portfolio | 25.5k $327.9k | Reduced -9.5k |
| South Dakota Investment Council 0.01% of their portfolio | 25.0k $321.0k | Unchanged |
| TWO SIGMA SECURITIES, LLC 0.03% of their portfolio | 24.7k $317.8k | New |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.00% of their portfolio | 24.4k $313.3k | Unchanged |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 23.8k $306.4k | Reduced -83.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 23.2k $298.1k | Unchanged |
| Handelsbanken Fonder AB 0.00% of their portfolio | 23.0k $296.0k | Unchanged |
| Centiva Capital, LP 0.01% of their portfolio | 22.5k $289.2k | New |
| State of Wyoming 0.04% of their portfolio | 22.0k $283.3k | Reduced -232 |
| CHESAPEAKE CAPITAL CORP /IL/ 0.25% of their portfolio | 22.0k $279.6k | Added +4.8k |
| Tidal Investments LLC 0.00% of their portfolio | 22.0k $282.7k | Added +4.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 21.5k $276.5k | Added +5.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 21.5k $280.9k | Reduced -289 |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 21.4k $275.5k | Reduced -395 |
| Point72 (DIFC) Ltd 0.02% of their portfolio | 21.2k $272.8k | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 20.5k $262.9k | Reduced -1.4k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 20.3k $260.9k | Reduced -47.2k |
| Caption Management, LLC 0.03% of their portfolio | 20.2k $259.6k | Added +9.0k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 18.5k $237.7k | Added +3.0k |
| Bayesian Capital Management, LP 0.03% of their portfolio | 17.8k $228.7k | New |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 17.3k $223.0k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 16.8k $213.8k | Added +1.2k |
| SAXON INTERESTS, INC. 0.09% of their portfolio | 15.7k $202.1k | Added +211 |
| DGS Capital Management, LLC 0.05% of their portfolio | 15.3k $196.1k | Reduced -1.5k |
| WATERS PARKERSON & CO., LLC 0.01% of their portfolio | 15.0k $193.0k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 14.1k $181.6k | New |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 14.0k $180.1k | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 13.5k $173.0k | New |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 13.1k $168.0k | Unchanged |
| PEAK6 Investments LLC 0.01% of their portfolio | 12.6k $161.5k | Reduced -9.0k |
| CIBC Asset Management Inc 0.00% of their portfolio | 12.5k $160.1k | Added +333 |
| Tyler-Stone Wealth Management 0.03% of their portfolio | 12.3k $157.8k | Added +6.1k |
| Clear Harbor Asset Management, LLC 0.01% of their portfolio | 12.2k $157.4k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 11.8k $152.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 11.5k $147.8k | Reduced -5.4k |
| Creative Planning 0.00% of their portfolio | 11.1k $142.6k | Added +919 |
| HighTower Advisors, LLC 0.00% of their portfolio | 10.9k $141.0k | New |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 10.7k $137.6k | Added +607 |
| MBB PUBLIC MARKETS I LLC 0.01% of their portfolio | 10.6k $136.6k | Unchanged |
| nVerses Capital, LLC 0.06% of their portfolio | 9.4k $120.8k | New |
| Anthracite Investment Company, Inc. 0.05% of their portfolio | 8.9k $114.4k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.3k $106.4k | Reduced -144 |
| Byrne Asset Management LLC 0.06% of their portfolio | 7.2k $92.5k | New |
| GAMMA Investing LLC 0.01% of their portfolio | 6.9k $88.3k | Added +1.9k |
| Tidemark, LLC 0.03% of their portfolio | 6.6k $84.8k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 6.1k $78.6k | Unchanged |
| Quarry LP 0.02% of their portfolio | 6.0k $76.7k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 6.0k $76.6k | Reduced -1.0k |
| Morse Asset Management, Inc 0.01% of their portfolio | 5.2k $67.3k | New |
| Covestor Ltd 0.04% of their portfolio | 4.9k $63.0k | Reduced -7 |
| Walleye Trading LLC 0.00% of their portfolio | 4.6k $58.6k | New |
| KBC Group NV 0.00% of their portfolio | 4.4k $56.0k | Unchanged |
| Householder Group Estate & Retirement Specialist, LLC 0.01% of their portfolio | 3.6k $46.0k | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 3.2k $40.9k | Added +2.6k |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 2.7k $34.7k | Unchanged |
| Abound Wealth Management 0.01% of their portfolio | 2.0k $26.3k | Unchanged |
| Point72 Asia (Singapore) Pte. Ltd. 0.00% of their portfolio | 1.9k $24.9k | New |
| CWM, LLC 0.00% of their portfolio | 1.8k $23.0k | Added +1.0k |
| Headlands Technologies LLC 0.00% of their portfolio | 1.6k $20.7k | Added +1.4k |