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 | |
|---|---|---|---|---|---|---|
|
GFN
3026
DELISTED
General Finance Corporation
GFN
| $1.59M | ﹤0.01% |
190,496
+11,109
| +6% | +$96.2K |
|
3027
MainStreet Bancshares
MNSB
$175M
| $1.59M | ﹤0.01% |
+69,911
| New | +$1.65M |
|
3028
Neuronetics
STIM
$222M
| $1.59M | ﹤0.01% |
127,379
+19,055
| +18% | +$269K |
|
3029
Concrete Pumping Holdings
BBCP
$479M
| $1.58M | ﹤0.01% |
+308,383
| New | +$1.76M |
|
3030
BeyondSpring
BYSI
$31.8M
| $1.58M | ﹤0.01% |
66,586
+49,965
| +301% | +$837K |
|
|
FCCY
3031
DELISTED
1st Constitution Bancorp
FCCY
| $1.57M | ﹤0.01% |
85,021
+8,784
| +12% | +$164K |
|
|
PRTK
3032
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.57M | ﹤0.01% |
393,022
+53,530
| +16% | +$255K |
|
|
BBL
3033
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $1.57M | ﹤0.01% |
30,696
-2,016
| -6% | -$96.3K |
|
|
GNC
3034
DELISTED
GNC Holdings, Inc.
GNC
| $1.57M | ﹤0.01% |
1,044,900
+124,181
| +13% | +$236K |
|
|
PBPB
3035
DELISTED
Potbelly
PBPB
| $1.56M | ﹤0.01% |
306,187
+7,688
| +3% | +$52.2K |
|
|
EMD
3036
Western Asset Emerging Markets Debt Fund
EMD
$608M
| $1.54M | ﹤0.01% |
107,944
-69,356
| -39% | -$962K |
|
3037
NextDecade
NEXT
$1.82B
| $1.54M | ﹤0.01% |
244,014
+28,992
| +13% | +$162K |
|
3038
Ascent Industries
ACNT
$138M
| $1.53M | ﹤0.01% |
98,318
+13,873
| +16% | +$239K |
|
|
MPX
3039
DELISTED
Marine Products Corp
MPX
| $1.53M | ﹤0.01% |
99,414
+19,551
| +24% | +$289K |
|
|
AVDR
3040
DELISTED
Avedro, Inc Common Stock
AVDR
| $1.53M | ﹤0.01% |
+78,076
| New | +$1.25M |
|
3041
First Northwest Bancorp
FNWB
$108M
| $1.53M | ﹤0.01% |
94,176
+12,702
| +16% | +$205K |
|
|
ESTE
3042
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $1.53M | ﹤0.01% |
249,631
+20,073
| +9% | +$131K |
|
3043
Franklin Financial Services
FRAF
$284M
| $1.52M | ﹤0.01% |
+40,023
| New | +$1.54M |
|
3044
Canadian Solar
CSIQ
$1.08B
| $1.52M | ﹤0.01% |
69,655
+11,067
| +19% | +$219K |
|
|
USWS
3045
DELISTED
U.S. Well Services, Inc. Class A Common Stock
USWS
| $1.52M | ﹤0.01% |
14,998
-5,095
| -25% | -$754K |
|
|
PYX
3046
DELISTED
Pyxus International, Inc.
PYX
| $1.51M | ﹤0.01% |
99,427
+6,354
| +7% | +$120K |
|
|
FNCB
3047
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.51M | ﹤0.01% |
195,038
+117,298
| +151% | +$904K |
|
3048
Airgain
AIRG
$71.3M
| $1.5M | ﹤0.01% |
106,199
+55,457
| +109% | +$801K |
|
3049
Prudential
PUK
$34.1B
| $1.5M | ﹤0.01% |
35,348
-4,294
| -11% | -$179K |
|
|
IFN
3050
Aberdeen India Fund
IFN
$508M
| $1.5M | ﹤0.01% |
70,266
-15,994
| -19% | -$341K |
|
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.