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 |
|---|---|---|
| Aster Capital Management (DIFC) Ltd 0.00% of their portfolio | 1.5k $19.8k | First filing |
| LRI Investments, LLC 0.00% of their portfolio | 1.4k $35.2k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.1k $14.2k | New |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 1.1k $13.6k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 940 $12.1k | Added +68 |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 900 $11.6k | Not comparable |
| HARBOR CAPITAL ADVISORS, INC. 0.00% of their portfolio | 844 $11.0k | New |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 612 $7.8k | Added +119 |
| VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio | 524 $6.0k | Unchanged |
| Avion Wealth 0.00% of their portfolio | 500 $6.0k | New |
| Blue Trust, Inc. 0.00% of their portfolio | 500 $7.2k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 455 $6.0k | Added +120 |
| Arax Advisory Partners 0.00% of their portfolio | 450 $5.8k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 417 $5.4k | Unchanged |
| WealthCollab, LLC 0.00% of their portfolio | 405 $5.2k | Reduced -405 |
| Capital Advisors, Ltd. LLC 0.00% of their portfolio | 380 $5.0k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 320 $4.1k | Added +23 |
| UMB Bank, n.a. 0.00% of their portfolio | 314 $4.0k | Added +204 |
| Lindbrook Capital, LLC 0.00% of their portfolio | 253 $3.3k | Added +2 |
| Versant Capital Management, Inc 0.00% of their portfolio | 233 $3.0k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 228 $2.9k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 176 $2.3k | Added +45 |
| Parallel Advisors, LLC 0.00% of their portfolio | 167 $2.1k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 166 $2.1k | Reduced -76 |
| Optiver Holding B.V. 0.00% of their portfolio | 164 $2.1k | Reduced -703 |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 120 $1.5k | New |
| Planning Capital Management Corp 0.00% of their portfolio | 115 $1.5k | New |
| EARNED WEALTH ADVISORS, LLC 0.00% of their portfolio | 93 $1.2k | New |
| FARMERS & MERCHANTS INVESTMENTS INC 0.00% of their portfolio | 84 $1.1k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 60 $771 | Reduced -15.0k |
| Richard W. Paul & Associates, LLC 0.00% of their portfolio | 60 $771 | New |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 55 $706 | Unchanged |
| Hemington Wealth Management 0.00% of their portfolio | 26 $0 | New |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 15 $193 | Unchanged |
| Larson Financial Group LLC 0.00% of their portfolio | 13 $167 | Unchanged |
| Mendota Financial Group, LLC 0.00% of their portfolio | 12 $155 | New |
| Center for Financial Planning, Inc. 0.00% of their portfolio | 11 $142 | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 9 $116 | Unchanged |
| True Wealth Design, LLC 0.00% of their portfolio | 1 $13 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |