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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 126.1m as of 2023-08-07, 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 ≈ $7.07. Options: 14 managers hold calls ($16.4m notional), 19 hold puts ($37.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 218 |
| Q4 2022 | 231 |
| Q1 2023 | 221 |
| Q2 2023 | 198 |
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 |
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 |
| Q1 2023 | $15.1m | $43.7m | 2.90 |
| Q2 2023 | $16.4m | $37.9m | 2.32 |
Biggest buyers
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | +3.1m |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Added | +961.0k |
| BANK OF AMERICA CORP /DE/ | Added | +662.2k |
| Philadelphia Financial Management of San Francisco, LLC | New | +605.1k |
| Harber Asset Management LLC | Added | +566.5k |
| FIRST TRUST ADVISORS LP | New | +462.2k |
| Invesco Ltd. | Added | +454.3k |
| THOMPSON SIEGEL & WALMSLEY LLC | Added | +435.7k |
| Hodges Capital Management Inc. | Added | +414.1k |
| TWO SIGMA INVESTMENTS, LP | Added | +341.5k |
Biggest sellers
| MASON CAPITAL MANAGEMENT LLC | Sold out | -5.4m |
| FMR LLC | Reduced | -5.2m |
| Pacer Advisors, Inc. | Sold out | -2.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -1.5m |
| MILLENNIUM MANAGEMENT LLC | Sold out | -1.5m |
| MORGAN STANLEY | Reduced | -850.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -752.3k |
| Divisadero Street Capital Management, LP | Sold out | -430.0k |
| STATE STREET CORP | Reduced | -393.6k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -328.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.4m620.7k shares |
| GROUP ONE TRADING LLC | Added | $2.4m339.2k shares |
| Parallax Volatility Advisers, L.P. | Added | $2.4m331.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.6m216.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m172.3k shares |
| Walleye Trading LLC | Reduced | $998.8k139.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $971.3k134.9k shares |
| Caption Management, LLC | Unchanged | $859.2k120.0k shares |
| Walleye Capital LLC | New | $765.4k106.9k shares |
| JANE STREET GROUP, LLC | Reduced | $716.7k100.1k shares |
Biggest puts
| DLD Asset Management, LP | Reduced | $11.3m1.6m shares |
| Parallax Volatility Advisers, L.P. | Added | $8.2m1.2m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $4.9m682.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m529.1k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | $2.4m337.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.8m257.5k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m206.8k shares |
| Saba Capital Management, L.P. | New | $1.2m168.0k shares |
| Brevan Howard Capital Management LP | New | $716.0k100.0k shares |
| SIMPLEX TRADING, LLC | Added | $584.0k81.6k 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 Q2 2023
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 2 | $143.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-12 | KERNAN SCOTT MICHAEL Director | Sold | $36.0k4.8k shares |
| 2023-05-17 | Black James H. SVP & Pres, Secure Services | Sold | $107.3k12.8k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 19.9m $142.3m | Reduced -56.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 13.6m $97.1m | Reduced -88.2k |
| FMR LLC 0.01% of their portfolio | 11.2m $79.9m | Reduced -5.2m |
| STATE STREET CORP 0.00% of their portfolio | 4.5m $32.3m | Reduced -393.6k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.50% of their portfolio | 3.1m $22.0m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.9m $20.8m | Reduced -166.5k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 2.5m $17.7m | Reduced -6.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $17.2m | Added +97.5k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 2.4m $17.1m | Added +341.5k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.31% of their portfolio | 2.4m $16.9m | Added +961.0k |
| Harber Asset Management LLC 3.87% of their portfolio | 2.0m $14.6m | Added +566.5k |
| Invesco Ltd. 0.00% of their portfolio | 1.8m $12.6m | Added +454.3k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.17% of their portfolio | 1.5m $10.7m | Added +435.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $9.0m | Added +238 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.2m $8.2m | Added +36.8k |
| Hodges Capital Management Inc. 0.01% of their portfolio | 1.1m $11.5k | Added +414.1k |
| MORGAN STANLEY 0.00% of their portfolio | 958.9k $6.9m | Reduced -850.8k |
| Ranger Global Real Estate Advisors, LLC 1.01% of their portfolio | 859.0k $6.2m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 804.7k $5.8m | Added +662.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 779.2k $5.6m | Reduced -21.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 675.5k $4.8m | Reduced -77.2k |
| Philadelphia Financial Management of San Francisco, LLC 1.28% of their portfolio | 605.1k $4.3m | New |
| Scion Asset Management, LLC 3.86% of their portfolio | 600.0k $4.3m | Added +200.0k |
| CenterBook Partners LP 0.49% of their portfolio | 547.0k $3.9m | Reduced -74.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 475.6k $3.4m | Reduced -45.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 462.2k $3.3m | New |
| Tejara Capital Ltd 1.61% of their portfolio | 457.8k $3.3m | Added +125.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 449.7k $3.2m | Reduced -24.3k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 423.7k $3.0m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 417.7k $3.0m | Added +216 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 399.7k $2.9m | Reduced -11.2k |
| Squarepoint Ops LLC 0.02% of their portfolio | 397.6k $2.8m | Added +2.0k |
| Miller Value Partners, LLC 1.80% of their portfolio | 383.0k $2.7m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 347.5k $2.5m | Added +38.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 342.8k $2.5m | Reduced -752.3k |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 330.6k $2.4m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 320.0k $2.3m | Added +43.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 314.1k $2.2m | Added +11.2k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 308.4k $2.2m | Reduced -209.4k |
| LEE DANNER & BASS INC 0.18% of their portfolio | 287.0k $2.1m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 279.5k $2.0m | Reduced -57.6k |
| TWINBEECH CAPITAL LP 0.04% of their portfolio | 274.3k $2.0m | New |
| Swiss National Bank 0.00% of their portfolio | 271.2k $1.9m | Added +3.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 270.1k $1.9m | Added +180.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 227.8k $1.6m | Added +57.4k |
| Aberdeen Group plc 0.00% of their portfolio | 222.7k $1.6m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 210.3k $1.5m | Added +58.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 207.9k $1.5m | Added +8.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 202.4k $1.4m | Added +96.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 200.7k $1.4m | Added +50.4k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 164.5k $1.2m | Added +27.3k |
| DENALI ADVISORS LLC 0.40% of their portfolio | 158.0k $1.1m | Added +151.7k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 146.1k $1.0m | Added +40.6k |
| CITIGROUP INC 0.00% of their portfolio | 146.0k $1.0m | Added +73.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 142.5k $1.0m | Added +11.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 136.0k $1.1m | Unchanged |
| State of Wyoming 0.28% of their portfolio | 131.6k $942.2k | Added +26.6k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 126.9k $908.3k | Added +49.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 123.6k $885.0k | Unchanged |
| PEAK6 Investments LLC 0.07% of their portfolio | 122.6k $877.6k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 120.6k $863.0k | Reduced -2.5k |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 119.3k $854.0k | Added +12.1k |
| Engineers Gate Manager LP 0.03% of their portfolio | 117.4k $840.5k | Added +74.7k |
| Quantbot Technologies LP 0.05% of their portfolio | 112.0k $801.6k | Reduced -8.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 111.0k $794.5k | Reduced -376 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 110.8k $794.0k | Reduced -100 |
| Clear Harbor Asset Management, LLC 0.08% of their portfolio | 110.4k $790.6k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 109.9k $787.0k | Reduced -7.2k |
| SummerHaven Investment Management, LLC 0.49% of their portfolio | 106.5k $762.5k | Reduced -16.2k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 102.8k $736.1k | Reduced -168.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 92.3k $660.9k | Unchanged |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 92.2k $660.5k | New |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 90.0k $645.0k | Reduced -28.6k |
| Dynamic Technology Lab Private Ltd 0.08% of their portfolio | 88.1k $631.0k | Added +62.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 84.1k $601.9k | Added +56.1k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 82.9k $593.0k | Reduced -2.1k |
| JB CAPITAL PARTNERS LP 0.12% of their portfolio | 80.0k $572.8k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 77.7k $556.4k | Added +4.7k |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 73.2k $523.9k | Reduced -123.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 70.5k $504.8k | Reduced -127.0k |
| BARCLAYS PLC 0.00% of their portfolio | 70.5k $504.8k | Added +5.3k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 66.5k $476.4k | Reduced -3.7k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 66.1k $473.3k | Added +8.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 64.4k $460.8k | Reduced -660 |
| TWO SIGMA SECURITIES, LLC 0.04% of their portfolio | 63.9k $457.3k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 62.5k $447.4k | Reduced -30.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 62.0k $443.7k | Unchanged |
| ClariVest Asset Management LLC 0.02% of their portfolio | 56.7k $406.0k | Added +10.3k |
| WINTON GROUP Ltd 0.03% of their portfolio | 55.4k $396.9k | Reduced -15.5k |
| Manatuck Hill Partners, LLC 0.19% of their portfolio | 55.0k $393.8k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 54.3k $388.2k | Reduced -56 |
| Gotham Asset Management, LLC 0.01% of their portfolio | 52.9k $378.8k | Added +13.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 52.8k $378.4k | Reduced -3.5k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 52.8k $378.1k | Unchanged |
| New York Life Investment Management LLC 0.00% of their portfolio | 52.2k $374.0k | Reduced -7.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 51.3k $367.4k | Added +27.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 51.0k $365.3k | Reduced -180.9k |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 50.9k $364.1k | Added +2.4k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 50.1k $359.0k | Added +10.5k |
| CSS LLC/IL 0.03% of their portfolio | 50.0k $358.0k | Added +18.0k |