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 | |
|---|---|---|---|---|---|---|
|
AY
2926
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.95M | ﹤0.01% |
85,980
-1,204
| -1% | -$25.5K |
|
2927
Galectin Therapeutics
GALT
$317M
| $1.95M | ﹤0.01% |
469,063
+189,315
| +68% | +$820K |
|
2928
KALA BIO
KALA
$17M
| $1.95M | ﹤0.01% |
122
+19
| +18% | +$315K |
|
|
PTVCB
2929
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.95M | ﹤0.01% |
112,015
+9,737
| +10% | +$166K |
|
2930
Hyliion Holdings
HYLN
$695M
| $1.94M | ﹤0.01% |
+200,000
| New | +$1.94M |
|
2931
Forte Biosciences
FBRX
$1.57B
| $1.94M | ﹤0.01% |
776
+57
| +8% | +$169K |
|
|
NAGE
2932
Niagen Bioscience
NAGE
$242M
| $1.94M | ﹤0.01% |
417,955
+38,320
| +10% | +$163K |
|
|
SLCT
2933
DELISTED
Select Bancorp, Inc.
SLCT
| $1.94M | ﹤0.01% |
169,874
+25,989
| +18% | +$301K |
|
2934
Princeton Bancorp
BPRN
$294M
| $1.94M | ﹤0.01% |
64,696
+3,892
| +6% | +$116K |
|
|
ITI
2935
DELISTED
Iteris, Inc.
ITI
| $1.94M | ﹤0.01% |
374,384
+97,205
| +35% | +$467K |
|
2936
Bassett Furniture
BSET
$170M
| $1.93M | ﹤0.01% |
126,644
+6,551
| +5% | +$105K |
|
2937
Bridgewater Bancshares
BWB
$613M
| $1.93M | ﹤0.01% |
166,964
+16,832
| +11% | +$183K |
|
2938
Replimune Group
REPL
$1.28B
| $1.93M | ﹤0.01% |
131,319
+17,463
| +15% | +$253K |
|
2939
Tiptree Inc
TIPT
$668M
| $1.92M | ﹤0.01% |
303,993
+15,876
| +6% | +$97.7K |
|
|
ZYXI
2940
DELISTED
Zynex
ZYXI
| $1.91M | ﹤0.01% |
+233,583
| New | +$1.52M |
|
|
UBX
2941
DELISTED
Unity Biotechnology
UBX
| $1.91M | ﹤0.01% |
20,090
+3,200
| +19% | +$272K |
|
2942
KVH Industries
KVHI
$142M
| $1.9M | ﹤0.01% |
175,123
+22,456
| +15% | +$222K |
|
2943
Peoples Bancorp of North Carolina
PEBK
$238M
| $1.9M | ﹤0.01% |
63,324
+6,622
| +12% | +$183K |
|
2944
Eastern Company
EML
$155M
| $1.9M | ﹤0.01% |
67,872
-2,073,206
| -97% | -$55.6M |
|
|
VIA
2945
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.9M | ﹤0.01% |
33,909
+1,724
| +5% | +$86.1K |
|
2946
Bank First Corp
BFC
$1.74B
| $1.9M | ﹤0.01% |
+27,489
| New | +$1.82M |
|
|
RNET
2947
DELISTED
RigNet, Inc.
RNET
| $1.89M | ﹤0.01% |
187,282
+19,130
| +11% | +$177K |
|
|
LKSD
2948
DELISTED
LSC Communications, Inc.
LKSD
| $1.88M | ﹤0.01% |
513,584
+86,713
| +20% | +$511K |
|
2949
Toronto Dominion Bank
TD
$204B
| $1.88M | ﹤0.01% |
31,727
+11,084
| +54% | +$623K |
|
2950
Criteo S.A. Ordinary Shares
CRTO
$871M
| $1.88M | ﹤0.01% |
109,050
+24,840
| +29% | +$488K |
|
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.