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 ($20.7m this quarter). Holder counts are more reliable. Shares outstanding: 139.2m as of 2025-11-04, 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 ≈ $16.12. Options: 21 managers hold calls ($264.6m notional), 17 hold puts ($62.7m).
Trends to Q4 2025
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 |
| Q4 2024 | 284 |
| Q1 2025 | 300 |
| Q2 2025 | 289 |
| Q3 2025 | 283 |
| Q4 2025 | 275 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 111 | 99 |
| Q2 2024 | 116 | 106 |
| Q3 2024 | 125 | 106 |
| Q4 2024 | 152 | 126 |
| Q1 2025 | 149 | 151 |
| Q2 2025 | 143 | 155 |
| Q3 2025 | 128 | 159 |
| Q4 2025 | 130 | 147 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $410.8m | $189.0m | 0.46 |
| Q2 2025 | $384.0m | $174.1m | 0.45 |
| Q3 2025 | $431.9m | $160.3m | 0.37 |
| Q4 2025 | $264.6m | $62.7m | 0.24 |
Biggest buyers
| Pentwater Capital Management LP | Added | +661.7k |
| LMR Partners LLP | New | +638.1k |
| Invesco Ltd. | Added | +545.8k |
| Rubric Capital Management LP | Added | +500.0k |
| SG Americas Securities, LLC | Added | +466.3k |
| GROUP ONE TRADING LLC | Added | +458.3k |
| CONTINENTAL GENERAL INSURANCE CO | Added | +430.0k |
| CenterBook Partners LP | New | +428.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +325.0k |
| GOLDMAN SACHS GROUP INC | Added | +261.2k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| Wolf Hill Capital Management, LP | Reduced | -1.4m |
| MAPLELANE CAPITAL, LLC | Sold out | -1.3m |
| Squarepoint Ops LLC | Reduced | -1.2m |
| Anomaly Capital Management, LP | Sold out | -902.7k |
| Apis Capital Advisors, LLC | Sold out | -860.0k |
| HIGHLAND PEAK CAPITAL, LLC | Reduced | -709.3k |
| JANE STREET GROUP, LLC | Reduced | -707.0k |
| Russell Investments Group, Ltd. | Reduced | -560.6k |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -532.8k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $78.2m4.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $57.2m3.5m shares |
| JANE STREET GROUP, LLC | Reduced | $22.8m1.4m shares |
| Windward Management LP | First filing | $17.7m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $16.2m1.0m shares |
| CITADEL ADVISORS LLC | Reduced | $13.5m836.2k shares |
| Caption Management, LLC | Added | $13.4m828.4k shares |
| Walleye Trading LLC | Reduced | $11.3m702.8k shares |
| IMC-Chicago, LLC | Added | $10.1m627.0k shares |
| DLD Asset Management, LP | Added | $9.0m556.9k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Added | $22.1m1.4m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $12.2m755.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.1m439.3k shares |
| Pentwater Capital Management LP | Reduced | $4.0m250.0k shares |
| GROUP ONE TRADING LLC | Reduced | $4.0m246.5k shares |
| CITADEL ADVISORS LLC | Reduced | $2.6m158.3k shares |
| Caption Management, LLC | Added | $1.6m100.0k shares |
| PEAK6 LLC | Reduced | $1.6m97.2k shares |
| Walleye Trading LLC | Reduced | $1.5m94.2k shares |
| IMC-Chicago, LLC | Reduced | $1.4m87.8k 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 Q4 2025
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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2024 | 0 | — | 1 | $141.4k | — |
| Q1 2025 | 0 | — | 3 | $373.0k | $225.0k |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $8.1m | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| Creative Planning 0.00% of their portfolio | 79.5k $1.3m | Added +59.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 79.4k $1.3m | Added +11.8k |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 74.6k $1.2m | Reduced -192 |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 73.8k $1.2m | Reduced -24.1k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 73.4k $1.2m | Reduced -8.2k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 73.0k $1.2m | Added +66.6k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 71.0k $1.1m | Added +479 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 64.5k $1.0m | Added +36.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 64.0k $1.0m | Reduced -4.1k |
| First Dallas Securities Inc. 0.38% of their portfolio | 63.5k $1.0m | Added +535 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 62.9k $1.0m | Reduced -15 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 62.8k $1.0m | Unchanged |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 62.6k $1.0m | Reduced -1.2k |
| LPL Financial LLC 0.00% of their portfolio | 62.5k $1.0m | Reduced -47.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 61.7k $994.4k | Reduced -119.0k |
| Caption Management, LLC 0.04% of their portfolio | 61.6k $993.2k | Added +52.2k |
| Diametric Capital, LP 0.26% of their portfolio | 60.8k $980.6k | Reduced -4.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 58.8k $947.4k | Added +8.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 54.5k $878.5k | Added +19.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 50.2k $808.7k | Added +16.2k |
| Parallax Volatility Advisers, L.P. 0.03% of their portfolio | 50.0k $806.0k | Added +30.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 49.3k $794.7k | Unchanged |
| Numerai GP LLC 0.09% of their portfolio | 47.9k $772.6k | New |
| Laurion Capital Management LP 0.05% of their portfolio | 47.2k $760.8k | New |
| Dynamic Technology Lab Private Ltd 0.17% of their portfolio | 46.9k $756.0k | Added +4.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 45.4k $732.1k | Reduced -113.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 43.6k $702.4k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 39.7k $640.0k | Reduced -178 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 39.5k $636.4k | Reduced -2.4k |
| Quinn Opportunity Partners LLC 0.03% of their portfolio | 37.3k $601.7k | New |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 37.2k $661.0k | Reduced -5.9k |
| Holocene Advisors, LP 0.00% of their portfolio | 37.0k $597.1k | Added +13.8k |
| Havemeyer Place LP 0.11% of their portfolio | 36.2k $583.4k | First filing |
| CITIGROUP INC 0.00% of their portfolio | 36.0k $580.9k | Reduced -23.9k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 35.9k $578.4k | Reduced -1.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 35.0k $563.9k | Reduced -1.9k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 34.4k $554.0k | Reduced -2.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 34.3k $552.7k | Reduced -36.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 34.1k $549.0k | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 33.8k $545.6k | Reduced -1.5k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 33.6k $542.0k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 33.6k $539.8k | Reduced -560.6k |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND 0.01% of their portfolio | 31.2k $503.8k | Unchanged |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 30.5k $487.2k | Reduced -28.2k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 29.7k $479.3k | Added +29 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 28.8k $464.3k | Reduced -5.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 26.7k $429.8k | Unchanged |
| ProShare Advisors LLC 0.00% of their portfolio | 26.3k $424.5k | Added +772 |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 26.1k $420.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 23.7k $383.0k | Reduced -400.4k |
| Cetera Investment Advisers 0.00% of their portfolio | 22.7k $366.6k | Reduced -10.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 21.7k $358.6k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 20.7k $334.1k | Added +4.2k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 20.3k $327.5k | Unchanged |
| Maryland State Retirement & Pension System 0.01% of their portfolio | 20.0k $321.7k | Unchanged |
| Sterneck Capital Management, LLC 0.14% of their portfolio | 19.2k $310.1k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 18.2k $293.5k | Reduced -1.0k |
| PROFUND ADVISORS LLC 0.01% of their portfolio | 16.7k $269.2k | New |
| AXQ CAPITAL, LP 0.06% of their portfolio | 16.3k $263.2k | New |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 15.9k $256.0k | Unchanged |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 15.6k $251.9k | Added +78 |
| EntryPoint Capital, LLC 0.10% of their portfolio | 15.5k $250.5k | New |
| AlphaQuest LLC 0.01% of their portfolio | 15.5k $250.0k | Added +1.7k |
| Freestone Grove Partners LP 0.00% of their portfolio | 15.5k $249.7k | New |
| WATERS PARKERSON & CO., LLC 0.01% of their portfolio | 15.0k $241.8k | Unchanged |
| IHT Wealth Management, LLC 0.01% of their portfolio | 14.4k $231.6k | Reduced -1.8k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 13.3k $214.8k | Added +2.8k |
| DGS Capital Management, LLC 0.04% of their portfolio | 13.0k $210.3k | Reduced -185 |
| CIBC Asset Management Inc 0.00% of their portfolio | 12.7k $205.4k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 12.7k $204.9k | Reduced -17.8k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 12.5k $202.0k | Added +1.0k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 12.1k $195.4k | Reduced -304 |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio | 12.0k $194.2k | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 12.0k $192.8k | Added +624 |
| GLENMEDE TRUST CO NA 0.00% of their portfolio | 11.9k $191.7k | First filing |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 11.7k $187.9k | Added +1.9k |
| RoundAngle Advisors LLC 0.14% of their portfolio | 11.6k $186.4k | Reduced -10.1k |
| Engineers Gate Manager LP 0.00% of their portfolio | 11.4k $183.4k | Reduced -190.8k |
| Ameritas Investment Partners, Inc. 0.01% of their portfolio | 11.3k $182.3k | Unchanged |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 10.8k $174.3k | New |
| XPONANCE LLC 0.00% of their portfolio | 10.7k $171.7k | Reduced -122 |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 10.0k $161.2k | Reduced -100.0k |
| GAMMA Investing LLC 0.01% of their portfolio | 8.9k $144.1k | Added +920 |
| Tidemark, LLC 0.03% of their portfolio | 6.7k $108.0k | Unchanged |
| Neo Ivy Capital Management 0.02% of their portfolio | 6.3k $101.1k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 4.5k $73.2k | Reduced -1.1k |
| Covestor Ltd 0.04% of their portfolio | 4.5k $73.0k | Added +646 |
| PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.02% of their portfolio | 4.0k $64.5k | Reduced -350 |
| KBC Group NV 0.00% of their portfolio | 3.7k $59.0k | Unchanged |
| Daytona Street Capital LLC 0.04% of their portfolio | 3.3k $53.2k | First filing |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 3.2k $50.8k | Added +319 |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 2.6k $41.2k | Reduced -767 |
| Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio | 2.3k $37.8k | New |
| Bayforest Capital Ltd 0.03% of their portfolio | 2.3k $37.3k | New |
| CWM, LLC 0.00% of their portfolio | 2.3k $37.0k | Added +46 |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 2.2k $35.7k | Reduced -58 |
| Abound Wealth Management 0.01% of their portfolio | 2.0k $33.0k | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 1.8k $29.5k | New |
| State of Wyoming 0.00% of their portfolio | 1.7k $27.0k | Reduced -13.2k |
| US BANCORP \DE\ 0.00% of their portfolio | 1.6k $25.7k | Added +421 |