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 | |
|---|---|---|---|---|---|---|
|
LAND
2801
Gladstone Land Corp
LAND
$353M
| $2.33M | ﹤0.01% |
201,925
+21,487
| +12% | +$266K |
|
|
MAXR
2802
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $2.33M | ﹤0.01% |
297,337
+56,219
| +23% | +$349K |
|
2803
Graham Corp
GHM
$1.33B
| $2.32M | ﹤0.01% |
114,997
+23,299
| +25% | +$478K |
|
|
CMCT
2804
Creative Media & Community Trust
CMCT
$13.7M
| $2.32M | ﹤0.01% |
2
+1
| +100% | +$1.45M |
|
|
CHMA
2805
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $2.32M | ﹤0.01% |
310,945
+231,909
| +293% | +$1.52M |
|
|
CVLY
2806
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $2.32M | ﹤0.01% |
105,830
+21,765
| +26% | +$446K |
|
2807
Culp Inc
CULP
$43.8M
| $2.31M | ﹤0.01% |
121,872
+9,802
| +9% | +$187K |
|
2808
Seneca Foods Class A
SENEA
$1.28B
| $2.31M | ﹤0.01% |
83,207
+4,681
| +6% | +$116K |
|
|
IIN
2809
DELISTED
IntriCon Corporation
IIN
| $2.31M | ﹤0.01% |
99,114
+9,539
| +11% | +$239K |
|
2810
American Superconductor
AMSC
$1.56B
| $2.31M | ﹤0.01% |
249,438
+69,066
| +38% | +$735K |
|
2811
Norwood Financial Corp
NWFL
$376M
| $2.31M | ﹤0.01% |
66,388
+5,448
| +9% | +$177K |
|
2812
Alpha and Omega Semiconductor
AOSL
$1.09B
| $2.31M | ﹤0.01% |
247,182
+5,034
| +2% | +$52.4K |
|
2813
Mid Penn Bancorp
MPB
$969M
| $2.3M | ﹤0.01% |
92,223
+41,959
| +83% | +$1.03M |
|
|
EXPR
2814
DELISTED
Express, Inc.
EXPR
| $2.3M | ﹤0.01% |
42,138
-1,487
| -3% | -$102K |
|
2815
Minerva Neurosciences
NERV
$187M
| $2.3M | ﹤0.01% |
50,998
+3,436
| +7% | +$172K |
|
2816
Quince Therapeutics
QNCX
$31.8M
| $2.29M | ﹤0.01% |
+270
| New | +$1.61M |
|
|
STEW
2817
SRH Total Return Fund
STEW
$1.8B
| $2.29M | ﹤0.01% |
204,104
+50,239
| +33% | +$551K |
|
2818
Cytosorbents Corp
CTSO
$23.3M
| $2.29M | ﹤0.01% |
346,839
+24,454
| +8% | +$168K |
|
2819
Shore Bancshares
SHBI
$801M
| $2.29M | ﹤0.01% |
140,209
+30,017
| +27% | +$468K |
|
2820
International Money Express
IMXI
$343M
| $2.29M | ﹤0.01% |
162,221
+77,190
| +91% | +$989K |
|
2821
AMES National
ATLO
$281M
| $2.28M | ﹤0.01% |
84,306
+13,261
| +19% | +$358K |
|
2822
Genie Energy
GNE
$380M
| $2.28M | ﹤0.01% |
214,417
+81,035
| +61% | +$753K |
|
2823
Weyco Group
WEYS
$446M
| $2.28M | ﹤0.01% |
85,511
+9,185
| +12% | +$274K |
|
2824
Colliers International
CIGI
$5.15B
| $2.28M | ﹤0.01% |
31,915
-3,406
| -10% | -$225K |
|
2825
Transmedics
TMDX
$3.02B
| $2.28M | ﹤0.01% |
+78,626
| New | +$2.15M |
|
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.