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 | |
|---|---|---|---|---|---|---|
|
WAAS
2626
DELISTED
AquaVenture Holdings Limited
WAAS
| $3.15M | ﹤0.01% |
157,974
+12,294
| +8% | +$234K |
|
|
KALV
2627
DELISTED
KalVista Pharmaceuticals
KALV
| $3.14M | ﹤0.01% |
141,869
+58,774
| +71% | +$1.38M |
|
|
DVAX
2628
DELISTED
Dynavax Technologies
DVAX
| $3.14M | ﹤0.01% |
786,871
+95,276
| +14% | +$552K |
|
2629
Universal Logistics Holdings
ULH
$518M
| $3.14M | ﹤0.01% |
139,681
+6,975
| +5% | +$149K |
|
2630
NWPX Infrastructure Inc
NWPX
$1.1B
| $3.14M | ﹤0.01% |
121,704
+7,286
| +6% | +$181K |
|
|
ASXC
2631
DELISTED
Asensus Surgical, Inc.
ASXC
| $3.13M | ﹤0.01% |
177,076
+17,687
| +11% | +$387K |
|
2632
Greenlight Captial
GLRE
$505M
| $3.12M | ﹤0.01% |
367,096
+23,534
| +7% | +$242K |
|
2633
Titan International
TWI
$450M
| $3.11M | ﹤0.01% |
636,189
+56,004
| +10% | +$305K |
|
|
FRBK
2634
DELISTED
Republic First Bancorp Inc
FRBK
| $3.1M | ﹤0.01% |
632,151
+51,274
| +9% | +$260K |
|
2635
Village Super Market
VLGEA
$627M
| $3.09M | ﹤0.01% |
116,582
+11,719
| +11% | +$318K |
|
|
CBB
2636
DELISTED
Cincinnati Bell Inc.
CBB
| $3.09M | ﹤0.01% |
624,222
+50,653
| +9% | +$389K |
|
|
GTYH
2637
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $3.09M | ﹤0.01% |
450,855
+405,200
| +888% | +$3.54M |
|
2638
Nathan's Famous
NATH
$397M
| $3.09M | ﹤0.01% |
39,528
+5,593
| +16% | +$383K |
|
2639
Hooker Furnishings Corp
HOFT
$160M
| $3.08M | ﹤0.01% |
149,420
+11,302
| +8% | +$304K |
|
|
EIGR
2640
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $3.07M | ﹤0.01% |
9,642
+5,545
| +135% | +$1.92M |
|
|
ONIT
2641
Onity Group
ONIT
$321M
| $3.06M | ﹤0.01% |
98,651
+12,355
| +14% | +$330K |
|
2642
RGC Resources
RGCO
$225M
| $3.06M | ﹤0.01% |
100,355
+9,295
| +10% | +$252K |
|
|
VVNT
2643
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $3.06M | ﹤0.01% |
300,000
| – | – |
|
2644
First Bancorp
FNLC
$402M
| $3.06M | ﹤0.01% |
113,946
+9,158
| +9% | +$236K |
|
2645
Northrim BanCorp
NRIM
$599M
| $3.05M | ﹤0.01% |
341,824
+46,508
| +16% | +$403K |
|
2646
Uranium Energy
UEC
$5.62B
| $3.04M | ﹤0.01% |
2,223,142
+237,452
| +12% | +$327K |
|
2647
Mistras Group
MG
$556M
| $3.04M | ﹤0.01% |
211,790
+13,983
| +7% | +$192K |
|
|
ENFC
2648
DELISTED
Entegra Financial Corp.
ENFC
| $3.04M | ﹤0.01% |
100,964
-2,942
| -3% | -$82.6K |
|
2649
LCNB Corp
LCNB
$281M
| $3.03M | ﹤0.01% |
159,536
+52,651
| +49% | +$900K |
|
2650
Immersion
IMMR
$247M
| $3.03M | ﹤0.01% |
397,932
+1,543
| +0.4% | +$13K |
|
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.