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 | |
|---|---|---|---|---|---|---|
2576
Vera Bradley
VRA
$96.7M
| $3.54M | ﹤0.01% |
295,052
-1,423
| -0.5% | -$16.9K |
|
2577
Inovio Pharmaceuticals
INO
$79.6M
| $3.53M | ﹤0.01% |
99,963
+5,695
| +6% | +$226K |
|
2578
Citizens & Northern Corp
CZNC
$465M
| $3.52M | ﹤0.01% |
133,894
+25,516
| +24% | +$695K |
|
2579
Peoples Financial Services
PFIS
$714M
| $3.51M | ﹤0.01% |
78,112
+5,465
| +8% | +$239K |
|
|
TWNKW
2580
DELISTED
Hostess Brands, Inc. Warrants
TWNKW
| $3.51M | ﹤0.01% |
1,847,875
| – | – |
|
|
ZYNE
2581
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $3.5M | ﹤0.01% |
258,109
+154,634
| +149% | +$1.79M |
|
2582
Preformed Line Products
PLPC
$2.29B
| $3.49M | ﹤0.01% |
62,876
+1,458
| +2% | +$76.3K |
|
|
WTRE
2583
DELISTED
Watford Holdings Ltd. Common Shares
WTRE
| $3.48M | ﹤0.01% |
+126,926
| New | +$3.36M |
|
|
CMRX
2584
DELISTED
Chimerix, Inc.
CMRX
| $3.44M | ﹤0.01% |
797,601
+89,894
| +13% | +$277K |
|
|
AAIC
2585
DELISTED
Arlington Asset Investment Corp.
AAIC
| $3.44M | ﹤0.01% |
500,717
+125,059
| +33% | +$919K |
|
2586
Scholar Rock
SRRK
$6.55B
| $3.44M | ﹤0.01% |
216,953
+90,300
| +71% | +$1.67M |
|
|
DNI
2587
DELISTED
Dividend and Income Fund
DNI
| $3.41M | ﹤0.01% |
295,797
-6,752
| -2% | -$78.1K |
|
|
OMN
2588
DELISTED
OMNOVA Solutions Inc.
OMN
| $3.4M | ﹤0.01% |
546,374
+33,860
| +7% | +$226K |
|
|
CLCT
2589
DELISTED
Collectors Universe
CLCT
| $3.39M | ﹤0.01% |
159,055
+98,142
| +161% | +$1.88M |
|
2590
Luxfer Holdings
LXFR
$457M
| $3.39M | ﹤0.01% |
138,248
+114,083
| +472% | +$2.77M |
|
2591
Tucows
TCX
$140M
| $3.38M | ﹤0.01% |
55,311
+7,127
| +15% | +$513K |
|
|
CSLT
2592
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $3.37M | ﹤0.01% |
1,042,507
+167,934
| +19% | +$578K |
|
2593
UNIFI
UFI
$127M
| $3.36M | ﹤0.01% |
185,056
+4,819
| +3% | +$93.3K |
|
|
EBTC
2594
DELISTED
Enterprise Bancorp
EBTC
| $3.36M | ﹤0.01% |
106,012
+6,332
| +6% | +$189K |
|
|
PTN
2595
Palatin Technologies
PTN
$16.8M
| $3.35M | ﹤0.01% |
2,311
+361
| +19% | +$568K |
|
|
SRGA
2596
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $3.34M | ﹤0.01% |
26,186
+1,676
| +7% | +$241K |
|
2597
Regional Management Corp
RM
$297M
| $3.33M | ﹤0.01% |
126,245
+23,981
| +23% | +$597K |
|
2598
Greif Class B
GEF.B
$4.24B
| $3.33M | ﹤0.01% |
76,203
+5,570
| +8% | +$256K |
|
2599
Millicom
TIGO
$16.2B
| $3.32M | ﹤0.01% |
59,448
+1,219
| +2% | +$69.8K |
|
2600
Geron
GERN
$1.01B
| $3.31M | ﹤0.01% |
2,351,158
+163,598
| +7% | +$270K |
|
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.