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 | |
|---|---|---|---|---|---|---|
2851
HDFC Bank
HDB
$119B
| $2.22M | ﹤0.01% |
68,304
| – | – |
|
2852
Pan American Silver
PAAS
$22.1B
| $2.22M | ﹤0.01% |
171,924
+33,715
| +24% | +$407K |
|
|
SOR
2853
Source Capital
SOR
$386M
| $2.21M | ﹤0.01% |
60,379
+14,251
| +31% | +$517K |
|
2854
Kiniksa Pharmaceuticals
KNSA
$6.1B
| $2.19M | ﹤0.01% |
162,109
+12,013
| +8% | +$186K |
|
2855
Atlanta Braves Holdings Series A
BATRA
$3.63B
| $2.19M | ﹤0.01% |
78,919
-32,664
| -29% | -$897K |
|
2856
First Business Financial Services
FBIZ
$593M
| $2.19M | ﹤0.01% |
93,054
+17,721
| +24% | +$402K |
|
|
RLH
2857
DELISTED
Red Lions Hotel Corporation
RLH
| $2.18M | ﹤0.01% |
307,197
+49,261
| +19% | +$379K |
|
2858
Rio Tinto
RIO
$165B
| $2.17M | ﹤0.01% |
34,850
+1,090
| +3% | +$65.3K |
|
2859
DHI Group
DHX
$166M
| $2.17M | ﹤0.01% |
606,886
+183,733
| +43% | +$637K |
|
2860
Kodiak Sciences
KOD
$2.72B
| $2.16M | ﹤0.01% |
184,768
+108,363
| +142% | +$964K |
|
|
OTRK
2861
DELISTED
Ontrak
OTRK
| $2.16M | ﹤0.01% |
1,249
+505
| +68% | +$756K |
|
2862
Unilever
UL
$133B
| $2.16M | ﹤0.01% |
30,965
+4,746
| +18% | +$322K |
|
2863
United States Lime & Minerals
USLM
$3.42B
| $2.16M | ﹤0.01% |
134,855
+10,255
| +8% | +$166K |
|
|
IVC
2864
DELISTED
Invacare Corporation
IVC
| $2.14M | ﹤0.01% |
413,217
+31,423
| +8% | +$205K |
|
|
CCRD
2865
DELISTED
CoreCard
CCRD
| $2.14M | ﹤0.01% |
74,377
+34,468
| +86% | +$1.15M |
|
2866
Liquidity Services
LQDT
$1.35B
| $2.13M | ﹤0.01% |
349,491
+30,676
| +10% | +$195K |
|
2867
Surgery Partners
SGRY
$2.01B
| $2.12M | ﹤0.01% |
261,020
+31,462
| +14% | +$314K |
|
|
CASI
2868
DELISTED
CASI Pharmaceuticals
CASI
| $2.12M | ﹤0.01% |
66,215
+3,981
| +6% | +$127K |
|
2869
Fidelity D&D Bancorp
FDBC
$322M
| $2.11M | ﹤0.01% |
31,388
+3,584
| +13% | +$216K |
|
2870
Rockwell Medical
RMTI
$29.6M
| $2.11M | ﹤0.01% |
6,367
+662
| +12% | +$336K |
|
2871
Schwab International Equity ETF
SCHF
$69.1B
| – | – |
0
| – | – |
|
2872
NI Holdings
NODK
$314M
| $2.1M | ﹤0.01% |
119,154
+8,611
| +8% | +$146K |
|
|
TTSH
2873
DELISTED
Tile Shop Holdings
TTSH
| $2.09M | ﹤0.01% |
523,621
+4,131
| +0.8% | +$19.6K |
|
|
AMRS
2874
DELISTED
Amyris Inc.
AMRS
| $2.09M | ﹤0.01% |
588,461
+118,864
| +25% | +$468K |
|
|
SWZ
2875
Swiss Helvetia Fund
SWZ
$76.9M
| $2.08M | ﹤0.01% |
263,946
| – | – |
|
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.