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 ($86.3k this quarter). Holder counts are more reliable. Shares outstanding: 124.2m as of 2022-11-02, 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 ≈ $10.92. Options: 19 managers hold calls ($49.2m notional), 20 hold puts ($49.3m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 218 |
| Q4 2022 | 231 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $21.2m | $18.2m | 0.86 |
| Q4 2022 | $49.2m | $49.3m | 1.00 |
Biggest buyers
| FMR LLC | Added | +3.1m |
| Pacer Advisors, Inc. | New | +1.6m |
| Philadelphia Financial Management of San Francisco, LLC | New | +1.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.4m |
| Ranger Global Real Estate Advisors, LLC | New | +859.0k |
| Harber Asset Management LLC | Added | +711.7k |
| Hodges Capital Management Inc. | Added | +611.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +382.8k |
| MARSHALL WACE, LLP | Added | +349.7k |
| Flat Footed LLC | New | +282.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| Scion Asset Management, LLC | Reduced | -956.0k |
| Invesco Ltd. | Reduced | -900.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Sold out | -451.4k |
| Divisadero Street Capital Management, LP | Sold out | -325.0k |
| Kent Lake Capital LLC | Sold out | -250.0k |
| Cubist Systematic Strategies, LLC | Reduced | -176.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -157.2k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -154.4k |
| VANGUARD GROUP INC | Reduced | -151.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.4m1.3m shares |
| Caption Management, LLC | Added | $6.8m620.0k shares |
| GROUP ONE TRADING LLC | Reduced | $5.7m518.2k shares |
| CITADEL ADVISORS LLC | Added | $5.2m478.5k shares |
| Parallax Volatility Advisers, L.P. | Added | $4.5m406.6k shares |
| JANE STREET GROUP, LLC | Added | $3.4m307.5k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m273.2k shares |
| Walleye Trading LLC | Added | $2.8m260.0k shares |
| PEAK6 Investments LLC | New | $1.6m147.7k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $871.6k79.6k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Unchanged | $14.1m1.3m shares |
| DLD Asset Management, LP | New | $10.9m1.0m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $7.3m666.8k shares |
| CITADEL ADVISORS LLC | Added | $4.3m390.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.2m294.2k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $2.7m249.3k shares |
| GROUP ONE TRADING LLC | Added | $1.4m129.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.4m127.2k shares |
| TWO SIGMA INVESTMENTS, LP | New | $1.1m102.1k shares |
| Davidson Kempner Capital Management LP | Unchanged | $1.1m100.0k 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 2022
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 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $58.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-12 | Black James H. SVP & Pres, Secure Services | Sold | $33.0k3.0k shares |
| 2022-11-21 | March Shayn P. VP of Finance and Treasurer | Sold | $25.0k2.5k 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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| BOYD WATTERSON ASSET MANAGEMENT LLC/OH 0.00% of their portfolio | 1.0k $10.9k | New |
| Tradewinds Capital Management, LLC 0.01% of their portfolio | 1.0k $10.9k | Unchanged |
| Byrne Asset Management LLC 0.01% of their portfolio | 1.0k $10.9k | Reduced -8.8k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 869 $9.5k | Added +204 |
| BESSEMER GROUP INC 0.00% of their portfolio | 835 $9.0k | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 660 $7.2k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 510 $5.6k | Not comparable |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 417 $5.0k | Unchanged |
| Raleigh Capital Management Inc. 0.00% of their portfolio | 393 $4.3k | Added +235 |
| Capital Advisors, Ltd. LLC 0.00% of their portfolio | 380 $0 | New |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 349 $3.8k | Unchanged |
| Truvestments Capital LLC 0.00% of their portfolio | 308 $3.4k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 299 $3.3k | First filing |
| Covestor Ltd 0.00% of their portfolio | 285 $3.0k | Reduced -426 |
| EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio | 246 $2.7k | New |
| CWM, LLC 0.00% of their portfolio | 228 $2.0k | Added +7 |
| Allworth Financial LP 0.00% of their portfolio | 223 $2.4k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 212 $2.3k | Added +211 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 201 $2.2k | Reduced -6.6k |
| Accurate Wealth Management, LLC 0.00% of their portfolio | 133 $1.4k | New |
| Key Financial Inc 0.00% of their portfolio | 125 $963 | Unchanged |
| Kelly Financial Services LLC 0.00% of their portfolio | 103 $1.1k | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 100 $1.1k | New |
| Focused Wealth Management, Inc 0.00% of their portfolio | 99 $1.1k | Unchanged |
| FARMERS & MERCHANTS INVESTMENTS INC 0.00% of their portfolio | 84 $920 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 71 $777 | New |
| DT Investment Partners, LLC 0.00% of their portfolio | 50 $548 | Unchanged |
| Glassman Wealth Services 0.00% of their portfolio | 39 $427 | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 1 $11 | Unchanged |
| TFO Wealth Partners, LLC 0.00% of their portfolio | 1 $3 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |