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 | |
|---|---|---|---|---|---|---|
2901
Chemung Financial Corp
CHMG
$401M
| $2.02M | ﹤0.01% |
41,843
+9,667
| +30% | +$461K |
|
|
REV
2902
DELISTED
Revlon, Inc.
REV
| $2.02M | ﹤0.01% |
104,631
+14,852
| +17% | +$324K |
|
|
ID
2903
DELISTED
PARTS iD, Inc.
ID
| $2.02M | ﹤0.01% |
200,000
| – | – |
|
2904
Sportsman's Warehouse
SPWH
$46M
| $2.02M | ﹤0.01% |
534,106
+54,076
| +11% | +$230K |
|
2905
Pure Cycle
PCYO
$273M
| $2.01M | ﹤0.01% |
189,529
+22,527
| +13% | +$225K |
|
2906
Abeona Therapeutics
ABEO
$425M
| $2.01M | ﹤0.01% |
16,806
+1,633
| +11% | +$274K |
|
2907
Novavax
NVAX
$1.31B
| $2.01M | ﹤0.01% |
342,718
+64,520
| +23% | +$508K |
|
|
STRS
2908
DELISTED
STRATUS PPTYS INC
STRS
| $2.01M | ﹤0.01% |
61,941
+8,104
| +15% | +$218K |
|
|
TRNE.U
2909
DELISTED
Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of
TRNE.U
| $2.01M | ﹤0.01% |
200,000
| – | – |
|
2910
Ocular Therapeutix
OCUL
$2.25B
| $2M | ﹤0.01% |
455,285
+48,725
| +12% | +$180K |
|
|
IDE
2911
Voya Infrastructure, Industrials and Materials Fund
IDE
$202M
| $2M | ﹤0.01% |
160,343
+119,092
| +289% | +$1.44M |
|
2912
Amerant Bancorp
AMTB
$1.15B
| $1.99M | ﹤0.01% |
+101,199
| New | +$1.78M |
|
2913
EVI Industries
EVI
$206M
| $1.99M | ﹤0.01% |
52,096
+7,981
| +18% | +$295K |
|
2914
Duluth Holdings
DLTH
$151M
| $1.99M | ﹤0.01% |
146,501
+18,768
| +15% | +$304K |
|
2915
Pulse Biosciences
PLSE
$3.09B
| $1.99M | ﹤0.01% |
150,585
+16,052
| +12% | +$219K |
|
2916
BHP
BHP
$229B
| $1.99M | ﹤0.01% |
38,331
+3,568
| +10% | +$172K |
|
2917
IES Holdings
IESC
$15.3B
| $1.98M | ﹤0.01% |
105,206
+5,312
| +5% | +$96.2K |
|
2918
Superior Group of Companies
SGC
$213M
| $1.97M | ﹤0.01% |
115,147
+28,249
| +33% | +$482K |
|
|
SCU
2919
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $1.97M | ﹤0.01% |
+85,789
| New | +$1.53M |
|
2920
Marchex
MCHX
$77.5M
| $1.97M | ﹤0.01% |
418,641
+182,128
| +77% | +$871K |
|
|
PFBI
2921
DELISTED
Premier Financial Bancorp
PFBI
| $1.96M | ﹤0.01% |
130,902
+23,091
| +21% | +$371K |
|
|
MBTF
2922
DELISTED
MBT Financial Corporation
MBTF
| $1.96M | ﹤0.01% |
195,614
-40,611
| -17% | -$407K |
|
|
MRSN
2923
DELISTED
Mersana Therapeutics
MRSN
| $1.96M | ﹤0.01% |
19,329
+4,543
| +31% | +$535K |
|
|
FNHC
2924
DELISTED
FedNat Holding Company Common Stock
FNHC
| $1.95M | ﹤0.01% |
136,959
-25,481
| -16% | -$388K |
|
2925
CRH
CRH
$65.2B
| $1.95M | ﹤0.01% |
59,518
+38,155
| +179% | +$1.24M |
|
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.