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 | |
|---|---|---|---|---|---|---|
2526
i3 Verticals
IIIV
$323M
| $3.83M | ﹤0.01% |
129,962
+33,228
| +34% | +$822K |
|
2527
UFP Technologies
UFPT
$2.5B
| $3.81M | ﹤0.01% |
91,681
+21,087
| +30% | +$799K |
|
|
NEX
2528
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $3.8M | ﹤0.01% |
566,127
+49,694
| +10% | +$464K |
|
|
PENG
2529
Penguin Solutions Inc
PENG
$3.01B
| $3.8M | ﹤0.01% |
330,840
+18,704
| +6% | +$189K |
|
2530
Southern First Bancshares
SFST
$607M
| $3.8M | ﹤0.01% |
97,086
+15,315
| +19% | +$555K |
|
2531
McEwen Inc
MUX
$1.18B
| $3.8M | ﹤0.01% |
216,960
+2,746
| +1% | +$40.2K |
|
2532
Hurco Companies Inc
HURC
$144M
| $3.79M | ﹤0.01% |
106,742
+4,232
| +4% | +$160K |
|
2533
Spok Holdings
SPOK
$230M
| $3.79M | ﹤0.01% |
252,385
-8,335
| -3% | -$124K |
|
2534
Carriage Services
CSV
$535M
| $3.79M | ﹤0.01% |
199,442
+20,397
| +11% | +$389K |
|
2535
Noodles & Co
NDLS
$98M
| $3.79M | ﹤0.01% |
60,124
+10,314
| +21% | +$596K |
|
2536
SEACOR Marine Holdings
SMHI
$264M
| $3.78M | ﹤0.01% |
252,941
+50,246
| +25% | +$692K |
|
|
GNTY
2537
DELISTED
Guaranty Bancshares
GNTY
| $3.78M | ﹤0.01% |
133,581
+21,419
| +19% | +$564K |
|
|
CVRS
2538
DELISTED
CORINDUS VASCULAR ROBOTICS, INC
CVRS
| $3.78M | ﹤0.01% |
1,268,603
+515,356
| +68% | +$1.29M |
|
|
YMAB
2539
DELISTED
Y-mAbs Therapeutics
YMAB
| $3.77M | ﹤0.01% |
164,979
+75,509
| +84% | +$1.73M |
|
|
RPT
2540
Rithm Property Trust
RPT
$99.9M
| $3.77M | ﹤0.01% |
46,456
+19,735
| +74% | +$1.56M |
|
2541
Ascendis Pharma A/S
ASND
$16.8B
| $3.76M | ﹤0.01% |
32,691
+1,618
| +5% | +$194K |
|
2542
Dorian LPG
LPG
$1.91B
| $3.76M | ﹤0.01% |
417,049
+62,597
| +18% | +$497K |
|
|
LHC.U
2543
DELISTED
Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant
LHC.U
| $3.75M | ﹤0.01% |
350,000
| – | – |
|
2544
UroGen Pharma
URGN
$2.39B
| $3.74M | ﹤0.01% |
104,050
+88,475
| +568% | +$3.26M |
|
2545
Park-Ohio Holdings
PKOH
$716M
| $3.73M | ﹤0.01% |
114,431
+5,524
| +5% | +$188K |
|
2546
Forum Energy Technologies
FET
$932M
| $3.7M | ﹤0.01% |
54,146
+6,128
| +13% | +$583K |
|
2547
Xeris Biopharma Holdings
XERS
$1.55B
| $3.7M | ﹤0.01% |
323,676
+53,794
| +20% | +$565K |
|
2548
Clearwater Paper
CLW
$356M
| $3.7M | ﹤0.01% |
200,149
+11,142
| +6% | +$209K |
|
2549
VSE Corp
VSEC
$6.81B
| $3.7M | ﹤0.01% |
128,999
+5,682
| +5% | +$163K |
|
2550
Astrana Health
ASTH
$1.78B
| $3.7M | ﹤0.01% |
221,439
+31,994
| +17% | +$581K |
|
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.