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 | |
|---|---|---|---|---|---|---|
|
MIME
2826
DELISTED
Mimecast Limited
MIME
| $2.28M | ﹤0.01% |
48,771
+1,366
| +3% | +$65K |
|
2827
SAP
SAP
$236B
| $2.28M | ﹤0.01% |
16,640
-1,117
| -6% | -$139K |
|
|
SWI
2828
DELISTED
SolarWinds Corporation Common Stock
SWI
| $2.27M | ﹤0.01% |
117,635
+62,339
| +113% | +$1.23M |
|
2829
RCI Hospitality Holdings
RICK
$214M
| $2.27M | ﹤0.01% |
129,797
+26,007
| +25% | +$526K |
|
2830
OptimizeRx
OPRX
$132M
| $2.27M | ﹤0.01% |
139,895
+65,918
| +89% | +$890K |
|
2831
Amalgamated Financial
AMAL
$1.52B
| $2.26M | ﹤0.01% |
129,572
+18,887
| +17% | +$316K |
|
2832
BioLife Solutions
BLFS
$1.71B
| $2.26M | ﹤0.01% |
133,344
+33,395
| +33% | +$582K |
|
2833
XBiotech
XBIT
$75M
| $2.26M | ﹤0.01% |
297,956
+132,090
| +80% | +$1.15M |
|
|
PWOD
2834
DELISTED
Penns Woods Bancorp
PWOD
| $2.25M | ﹤0.01% |
74,702
+9,569
| +15% | +$269K |
|
|
RBNC
2835
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $2.25M | ﹤0.01% |
95,150
+11,904
| +14% | +$266K |
|
2836
First Bank
FRBA
$469M
| $2.25M | ﹤0.01% |
191,347
+12,170
| +7% | +$138K |
|
2837
Evolus
EOLS
$536M
| $2.25M | ﹤0.01% |
153,578
+18,066
| +13% | +$358K |
|
2838
Flotek Industries
FTK
$1.35B
| $2.25M | ﹤0.01% |
113,062
+12,662
| +13% | +$257K |
|
|
AFMD
2839
DELISTED
Affimed
AFMD
| $2.24M | ﹤0.01% |
78,107
+71,500
| +1,082% | +$2.41M |
|
2840
Natural Gas Services Group
NGS
$474M
| $2.24M | ﹤0.01% |
135,794
-3,812
| -3% | -$62.5K |
|
|
TPCO
2841
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $2.24M | ﹤0.01% |
281,039
+11,936
| +4% | +$123K |
|
2842
TotalEnergies
TTE
$194B
| $2.24M | ﹤0.01% |
40,084
-14,196
| -26% | -$775K |
|
|
DNBF
2843
DELISTED
DNB Financial Corp
DNBF
| $2.23M | ﹤0.01% |
50,270
+42,426
| +541% | +$1.75M |
|
2844
MVB Financial
MVBF
$397M
| $2.23M | ﹤0.01% |
131,704
+16,128
| +14% | +$263K |
|
|
INWK
2845
DELISTED
InnerWorkings, Inc.
INWK
| $2.23M | ﹤0.01% |
584,012
+46,328
| +9% | +$168K |
|
2846
AstroNova
ALOT
$227M
| $2.23M | ﹤0.01% |
86,195
+38,654
| +81% | +$982K |
|
|
LBC
2847
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $2.23M | ﹤0.01% |
204,452
+12,489
| +7% | +$130K |
|
2848
Construction Partners
ROAD
$6.9B
| $2.23M | ﹤0.01% |
148,143
+68,084
| +85% | +$889K |
|
2849
Nordic American Tanker
NAT
$1.36B
| $2.22M | ﹤0.01% |
950,497
+383,293
| +68% | +$825K |
|
2850
BlueLinx
BXC
$701M
| $2.22M | ﹤0.01% |
112,156
+7,451
| +7% | +$170K |
|
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.