Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dow Inc
DOW
|
+$511M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$442M |
| 3 |
Microsoft
MSFT
|
+$392M |
| 4 |
Amazon
AMZN
|
+$348M |
| 5 |
Corteva
CTVA
|
+$288M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$419M |
| 2 |
Cisco
CSCO
|
+$141M |
| 3 |
Altria Group
MO
|
+$135M |
| 4 |
TJX Companies
TJX
|
+$114M |
| 5 |
ULTI
Ultimate Software Group Inc
ULTI
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.3% |
| 2 | Financials | 15.46% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.38% |
| 5 | Industrials | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGEN
2501
Agenus
AGEN
$311M
| $3.95M | ﹤0.01% |
67,078
+6,651
| +11% | +$363K |
|
|
EGIO
2502
DELISTED
Edgio, Inc. Common Stock
EGIO
| $3.94M | ﹤0.01% |
36,438
+2,541
| +7% | +$304K |
|
|
NBEV
2503
DELISTED
NewAge, Inc. Common Stock (Delaware)
NBEV
| $3.93M | ﹤0.01% |
843,311
+341,752
| +68% | +$1.75M |
|
|
CNBKA
2504
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $3.93M | ﹤0.01% |
44,689
+13,627
| +44% | +$1.19M |
|
|
AAMI
2505
Acadian Asset Management
AAMI
$3.27B
| $3.92M | ﹤0.01% |
343,620
-8,042
| -2% | -$102K |
|
|
CUTR
2506
DELISTED
Cutera, Inc.
CUTR
| $3.92M | ﹤0.01% |
188,469
+11,757
| +7% | +$210K |
|
2507
Ceco Environmental
CECO
$4.44B
| $3.92M | ﹤0.01% |
408,323
+87,717
| +27% | +$751K |
|
2508
Limoneira
LMNR
$251M
| $3.91M | ﹤0.01% |
196,053
+15,659
| +9% | +$334K |
|
|
ONDK
2509
DELISTED
On Deck Capital, Inc.
ONDK
| $3.89M | ﹤0.01% |
938,634
+151,664
| +19% | +$716K |
|
|
SRNE
2510
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $3.89M | ﹤0.01% |
1,457,029
+126,282
| +9% | +$454K |
|
|
VSLR
2511
DELISTED
VIVINT SOLAR, INC.
VSLR
| $3.89M | ﹤0.01% |
532,981
+56,343
| +12% | +$356K |
|
2512
Assembly Biosciences
ASMB
$536M
| $3.89M | ﹤0.01% |
24,021
+2,730
| +13% | +$519K |
|
|
CDMO
2513
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $3.87M | ﹤0.01% |
691,293
+98,201
| +17% | +$405K |
|
|
ZF
2514
DELISTED
Virtus Total Return Fund Inc.
ZF
| $3.87M | ﹤0.01% |
364,968
-50,980
| -12% | -$516K |
|
2515
Flex
FLEX
$46B
| $3.86M | ﹤0.01% |
540,583
-362,007
| -40% | -$2.78M |
|
|
MRLN
2516
DELISTED
Marlin Business Services Corp
MRLN
| $3.86M | ﹤0.01% |
154,979
+7,138
| +5% | +$161K |
|
|
GLOG
2517
DELISTED
GASLOG LTD
GLOG
| $3.86M | ﹤0.01% |
267,907
+108,422
| +68% | +$1.64M |
|
|
CATC
2518
DELISTED
CAMBRIDGE BANCORP
CATC
| $3.85M | ﹤0.01% |
47,262
+5,592
| +13% | +$461K |
|
|
GWPH
2519
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $3.85M | ﹤0.01% |
22,341
+2,309
| +12% | +$399K |
|
2520
Arvinas
ARVN
$580M
| $3.85M | ﹤0.01% |
175,081
+58,347
| +50% | +$1.23M |
|
|
EIDX
2521
DELISTED
Eidos Therapeutics, Inc. Common Stock
EIDX
| $3.85M | ﹤0.01% |
123,775
-1,488
| -1% | -$40.3K |
|
|
DFRG
2522
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $3.84M | ﹤0.01% |
482,823
+14,053
| +3% | +$92.9K |
|
2523
Omega Flex
OFLX
$304M
| $3.84M | ﹤0.01% |
50,002
+1,601
| +3% | +$135K |
|
2524
Park Aerospace
PKE
$828M
| $3.84M | ﹤0.01% |
230,130
+9,962
| +5% | +$160K |
|
2525
PAR Technology
PAR
$741M
| $3.83M | ﹤0.01% |
135,781
+9,869
| +8% | +$255K |
|
Similar funds
Geode Capital Management's Q2 2019 Portfolio in Review
As of Q2 2019, Geode Capital Management held 4,308 positions worth $413B, up 7.1% from $386B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $13.5B of net new capital in Q2 2019, opening 177 new positions and adding to 3,043 existing holdings. Its largest new stake was Dow Inc: 9,682,103 shares worth $477M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was DuPont de Nemours, an estimated $419M trimmed.
- Geode Capital Management's largest Q2 2019 buy was Dow Inc: 9,682,103 shares worth $477M.
- Geode Capital Management added most to Alphabet (Google) Class A in Q2 2019, an estimated $442M increase.
- Geode Capital Management's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $419M.
- Geode Capital Management fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $109M.
- Geode Capital Management's ten largest holdings make up 17% of its $413B portfolio in Q2 2019.
- Geode Capital Management opened 177 new positions and closed 101 in Q2 2019.
- Geode Capital Management's portfolio value rose 7.1% quarter-over-quarter to $413B.
Based on Geode Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.