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 | |
|---|---|---|---|---|---|---|
|
VIA
2651
DELISTED
Viacom Inc. Class A
VIA
| $3.03M | ﹤0.01% |
88,748
+21,679
| +32% | +$750K |
|
2652
Rocky Brands
RCKY
$356M
| $3.01M | ﹤0.01% |
110,248
+11,948
| +12% | +$304K |
|
2653
Gogo Inc
GOGO
$383M
| $3M | ﹤0.01% |
755,110
+52,448
| +7% | +$255K |
|
|
CWBC
2654
Community West Bancshares
CWBC
$701M
| $3M | ﹤0.01% |
139,734
+20,290
| +17% | +$404K |
|
|
ASRT
2655
DELISTED
Assertio
ASRT
| $3M | ﹤0.01% |
14,477
+1,166
| +9% | +$278K |
|
|
SFE
2656
DELISTED
Safeguard Scientifics, Inc.
SFE
| $2.99M | ﹤0.01% |
248,057
+45,758
| +23% | +$536K |
|
|
CNR
2657
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.99M | ﹤0.01% |
513,295
-132,400
| -21% | -$736K |
|
2658
StoneCo
STNE
$2.43B
| $2.99M | ﹤0.01% |
101,121
+21,043
| +26% | +$619K |
|
2659
Crinetics Pharmaceuticals
CRNX
$8.96B
| $2.99M | ﹤0.01% |
119,535
+29,343
| +33% | +$727K |
|
2660
SI-BONE Inc
SIBN
$852M
| $2.99M | ﹤0.01% |
146,899
+44,920
| +44% | +$771K |
|
2661
Marker Therapeutics
MRKR
$19.3M
| $2.98M | ﹤0.01% |
37,646
+13,819
| +58% | +$821K |
|
|
VWTR
2662
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $2.98M | ﹤0.01% |
256,383
+9,007
| +4% | +$99.7K |
|
2663
Daktronics
DAKT
$997M
| $2.98M | ﹤0.01% |
482,695
+21,655
| +5% | +$151K |
|
|
GHL
2664
DELISTED
Greenhill & Co., Inc.
GHL
| $2.97M | ﹤0.01% |
218,885
+16,650
| +8% | +$305K |
|
|
MLVF
2665
DELISTED
Malvern Bancorp, Inc.
MLVF
| $2.97M | ﹤0.01% |
134,917
+9,286
| +7% | +$191K |
|
2666
SmartFinancial
SMBK
$898M
| $2.97M | ﹤0.01% |
136,865
+30,578
| +29% | +$632K |
|
|
RMT
2667
Royce Micro-Cap Trust
RMT
$772M
| $2.97M | ﹤0.01% |
361,070
+248,517
| +221% | +$2.05M |
|
|
STXB
2668
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $2.96M | ﹤0.01% |
131,789
+16,013
| +14% | +$354K |
|
2669
Northeast Bank
NBN
$1.15B
| $2.95M | ﹤0.01% |
106,822
+10,503
| +11% | +$222K |
|
|
CNCE
2670
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.94M | ﹤0.01% |
245,367
+18,279
| +8% | +$197K |
|
2671
ACNB Corp
ACNB
$656M
| $2.94M | ﹤0.01% |
74,261
+13,173
| +22% | +$494K |
|
2672
uniQure
QURE
$3.13B
| $2.94M | ﹤0.01% |
37,579
-410
| -1% | -$26.1K |
|
|
CBL
2673
DELISTED
CBL& Associates Properties, Inc.
CBL
| $2.94M | ﹤0.01% |
2,823,072
+205,339
| +8% | +$237K |
|
|
LJPC
2674
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $2.93M | ﹤0.01% |
316,421
+56,148
| +22% | +$423K |
|
|
ECOM
2675
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $2.92M | ﹤0.01% |
333,596
-3,733
| -1% | -$38.7K |
|
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.