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 | |
|---|---|---|---|---|---|---|
2601
Comscore
SCOR
$108M
| $3.31M | ﹤0.01% |
32,124
+11,896
| +59% | +$2.55M |
|
|
CRCM
2602
DELISTED
CARE.COM, INC.
CRCM
| $3.29M | ﹤0.01% |
299,910
-39,958
| -12% | -$605K |
|
|
KDMN
2603
DELISTED
Kadmon Holdings, Inc.
KDMN
| $3.29M | ﹤0.01% |
1,597,921
+202,032
| +14% | +$450K |
|
2604
Lifecore Biomedical
LFCR
$181M
| $3.27M | ﹤0.01% |
348,623
+15,099
| +5% | +$152K |
|
|
DS
2605
DELISTED
Drive Shack Inc.
DS
| $3.26M | ﹤0.01% |
695,820
+45,905
| +7% | +$223K |
|
|
SCTL
2606
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $3.26M | ﹤0.01% |
357,274
+135,216
| +61% | +$1.08M |
|
2607
Inseego
INSG
$82.6M
| $3.25M | ﹤0.01% |
67,833
+25,190
| +59% | +$1.18M |
|
|
LOVE
2608
LoveSac
LOVE
$253M
| $3.25M | ﹤0.01% |
104,488
+36,326
| +53% | +$1.25M |
|
2609
Telecom Argentina
TEO
$5.81B
| $3.25M | ﹤0.01% |
+184,980
| New | +$2.82M |
|
|
PBIP
2610
DELISTED
Prudential Bancorp, Inc.
PBIP
| $3.23M | ﹤0.01% |
170,950
+11,549
| +7% | +$201K |
|
|
PETX
2611
DELISTED
Aratana Therapeutics, Inc.
PETX
| $3.22M | ﹤0.01% |
624,146
+52,062
| +9% | +$234K |
|
2612
Century Casinos
CNTY
$34.3M
| $3.22M | ﹤0.01% |
331,856
+29,200
| +10% | +$268K |
|
2613
El Pollo Loco
LOCO
$463M
| $3.22M | ﹤0.01% |
301,757
+16,875
| +6% | +$196K |
|
2614
Arq
ARQ
$100M
| $3.19M | ﹤0.01% |
252,783
+144
| +0.1% | +$1.78K |
|
2615
National Bankshares
NKSH
$271M
| $3.19M | ﹤0.01% |
81,872
+2,702
| +3% | +$108K |
|
|
VRTV
2616
DELISTED
VERITIV CORPORATION
VRTV
| $3.19M | ﹤0.01% |
164,087
+22,684
| +16% | +$523K |
|
|
SMMF
2617
DELISTED
Summit Financial Group, Inc.
SMMF
| $3.18M | ﹤0.01% |
118,492
+23,251
| +24% | +$600K |
|
2618
Distribution Solutions Group
DSGR
$1.61B
| $3.18M | ﹤0.01% |
173,094
+44,132
| +34% | +$756K |
|
|
SAFE
2619
DELISTED
Safehold Inc.
SAFE
| $3.18M | ﹤0.01% |
105,263
+13,035
| +14% | +$346K |
|
|
GRTS
2620
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $3.17M | ﹤0.01% |
284,135
+180,189
| +173% | +$2.06M |
|
|
TLRA
2621
DELISTED
Telaria, Inc.
TLRA
| $3.17M | ﹤0.01% |
420,913
+33,780
| +9% | +$253K |
|
|
TDF
2622
Templeton Dragon Fund
TDF
$274M
| $3.16M | ﹤0.01% |
164,604
+69,061
| +72% | +$1.35M |
|
|
FLNT
2623
Fluent
FLNT
$129M
| $3.16M | ﹤0.01% |
97,899
+17,332
| +22% | +$611K |
|
|
IHC
2624
DELISTED
Independence Holding Company
IHC
| $3.16M | ﹤0.01% |
81,594
+5,553
| +7% | +$206K |
|
2625
RBB Bancorp
RBB
$462M
| $3.16M | ﹤0.01% |
163,280
+23,286
| +17% | +$450K |
|
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.