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 | |
|---|---|---|---|---|---|---|
|
HABT
2676
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $2.92M | ﹤0.01% |
278,349
+13,898
| +5% | +$151K |
|
2677
FirstService
FSV
$6.24B
| $2.92M | ﹤0.01% |
30,401
-4,373
| -13% | -$396K |
|
|
HMTV
2678
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $2.91M | ﹤0.01% |
225,538
+32,858
| +17% | +$460K |
|
2679
Willis Lease Finance
WLFC
$1.21B
| $2.91M | ﹤0.01% |
149,814
+29,571
| +25% | +$499K |
|
|
CET
2680
Central Securities Corp
CET
$1.63B
| $2.91M | ﹤0.01% |
95,251
-1,065
| -1% | -$31.5K |
|
2681
Orrstown Financial Services
ORRF
$850M
| $2.9M | ﹤0.01% |
132,091
+50,912
| +63% | +$1.05M |
|
2682
Western New England Bancorp
WNEB
$282M
| $2.9M | ﹤0.01% |
310,778
+7,094
| +2% | +$66.8K |
|
|
MCBC
2683
DELISTED
Macatawa Bank Corp
MCBC
| $2.9M | ﹤0.01% |
282,885
+43,574
| +18% | +$452K |
|
|
XXII
2684
22nd Century Group
XXII
$1.49M
| – | – |
0
| – | – |
|
2685
Flexsteel Industries
FLXS
$301M
| $2.88M | ﹤0.01% |
168,826
+33,568
| +25% | +$689K |
|
|
CASA
2686
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $2.87M | ﹤0.01% |
446,695
+28,680
| +7% | +$210K |
|
2687
Boston Omaha
BOC
$436M
| $2.87M | ﹤0.01% |
124,018
+30,099
| +32% | +$743K |
|
2688
Investar Holding Corp
ISTR
$424M
| $2.87M | ﹤0.01% |
120,283
+37,809
| +46% | +$881K |
|
|
TEUM
2689
DELISTED
Pareteum Corporation
TEUM
| $2.86M | ﹤0.01% |
1,097,256
+577,520
| +111% | +$2.28M |
|
2690
Southern Missouri Bancorp
SMBC
$853M
| $2.86M | ﹤0.01% |
82,098
+17,372
| +27% | +$570K |
|
|
BFIN
2691
DELISTED
BankFinancial
BFIN
| $2.85M | ﹤0.01% |
203,532
+14,568
| +8% | +$212K |
|
2692
Donegal Group Class A
DGICA
$692M
| $2.85M | ﹤0.01% |
186,494
+30,734
| +20% | +$431K |
|
|
CDR
2693
DELISTED
Cedar Realty Trust, Inc
CDR
| $2.85M | ﹤0.01% |
162,821
+9,684
| +6% | +$194K |
|
|
GRFS
2694
Grifois
GRFS
$5.4B
| $2.83M | ﹤0.01% |
134,228
-1,384
| -1% | -$26.4K |
|
2695
Radiant Logistics
RLGT
$400M
| $2.82M | ﹤0.01% |
459,999
+37,200
| +9% | +$243K |
|
|
HOME
2696
DELISTED
At Home Group Inc.
HOME
| $2.82M | ﹤0.01% |
423,688
+38,253
| +10% | +$678K |
|
2697
Global Indemnity Group
GBLI
$409M
| $2.81M | ﹤0.01% |
90,869
-1,119
| -1% | -$33.8K |
|
2698
HUTCHMED
HCM
$2.13B
| $2.8M | ﹤0.01% |
128,016
+6,372
| +5% | +$182K |
|
|
ITIC
2699
Investors Title Co
ITIC
$530M
| $2.8M | ﹤0.01% |
16,749
+1,056
| +7% | +$170K |
|
2700
Merchants Bancorp
MBIN
$2.52B
| $2.79M | ﹤0.01% |
245,816
-32,638
| -12% | -$447K |
|
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.