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 | |
|---|---|---|---|---|---|---|
2551
Allient
ALNT
$1.94B
| $3.69M | ﹤0.01% |
146,270
+7,550
| +5% | +$181K |
|
2552
Community Health Systems
CYH
$410M
| $3.68M | ﹤0.01% |
1,377,107
+128,145
| +10% | +$404K |
|
2553
Commercial Vehicle Group
CVGI
$128M
| $3.67M | ﹤0.01% |
458,184
+63,146
| +16% | +$493K |
|
2554
Primis Financial Corp
FRST
$411M
| $3.67M | ﹤0.01% |
240,031
+17,685
| +8% | +$261K |
|
2555
Arlo Technologies
ARLO
$1.5B
| $3.66M | ﹤0.01% |
913,281
+60,728
| +7% | +$238K |
|
2556
Farmers & Merchants Bancorp
FMAO
$484M
| $3.65M | ﹤0.01% |
125,456
+14,962
| +14% | +$448K |
|
2557
Business First Bancshares
BFST
$1.05B
| $3.64M | ﹤0.01% |
143,113
+26,516
| +23% | +$661K |
|
|
CURO
2558
DELISTED
CURO Group Holdings Corp.
CURO
| $3.64M | ﹤0.01% |
329,418
+5,950
| +2% | +$63.5K |
|
2559
Cato Corp
CATO
$65.7M
| $3.62M | ﹤0.01% |
293,875
+16,600
| +6% | +$226K |
|
2560
Metropolitan Bank Holding Corp
MCB
$1.17B
| $3.62M | ﹤0.01% |
82,269
+23,405
| +40% | +$931K |
|
2561
SIGA Technologies
SIGA
$206M
| $3.62M | ﹤0.01% |
637,104
+43,099
| +7% | +$239K |
|
|
BRT
2562
BRT Apartments
BRT
$268M
| $3.61M | ﹤0.01% |
255,673
-10,792
| -4% | -$147K |
|
2563
Foster
FSTR
$405M
| $3.6M | ﹤0.01% |
131,544
+2,490
| +2% | +$57K |
|
|
KIN
2564
DELISTED
Kindred Biosciences, Inc.
KIN
| $3.59M | ﹤0.01% |
430,839
+34,896
| +9% | +$301K |
|
|
GDEN
2565
DELISTED
Golden Entertainment
GDEN
| $3.59M | ﹤0.01% |
256,211
+8,428
| +3% | +$123K |
|
|
AFI
2566
DELISTED
Armstrong Flooring, Inc.
AFI
| $3.58M | ﹤0.01% |
364,080
+80,323
| +28% | +$994K |
|
|
BRG
2567
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $3.58M | ﹤0.01% |
304,630
-7,930
| -3% | -$89.8K |
|
2568
Ameresco
AMRC
$1.47B
| $3.58M | ﹤0.01% |
242,758
+28,774
| +13% | +$440K |
|
2569
Ribbon Communications
RBBN
$372M
| $3.57M | ﹤0.01% |
729,339
+70,504
| +11% | +$344K |
|
2570
HCI Group
HCI
$2.28B
| $3.56M | ﹤0.01% |
88,107
+1,129
| +1% | +$46.9K |
|
|
TLRD
2571
DELISTED
Tailored Brands, Inc.
TLRD
| $3.56M | ﹤0.01% |
616,381
+35,348
| +6% | +$245K |
|
2572
Home Bancorp
HBCP
$567M
| $3.55M | ﹤0.01% |
92,379
+15,225
| +20% | +$551K |
|
2573
Rafael Holdings
RFL
$103M
| $3.55M | ﹤0.01% |
125,093
+51,824
| +71% | +$892K |
|
2574
Dianthus Therapeutics
DNTH
$6.29B
| $3.54M | ﹤0.01% |
15,018
+7,459
| +99% | +$1.84M |
|
|
EEX
2575
DELISTED
Emerald Holding
EEX
| $3.54M | ﹤0.01% |
317,508
-1,295
| -0.4% | -$16.1K |
|
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.