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 | |
|---|---|---|---|---|---|---|
3051
EverQuote
EVER
$864M
| $1.48M | ﹤0.01% |
114,189
+81,287
| +247% | +$845K |
|
3052
Seres Therapeutics
MCRB
$47.2M
| $1.48M | ﹤0.01% |
23,055
+9,157
| +66% | +$869K |
|
|
LITS
3053
Lite Strategy Inc
LITS
$31.9M
| $1.46M | ﹤0.01% |
29,202
+16,138
| +124% | +$947K |
|
3054
GSI Technology
GSIT
$256M
| $1.46M | ﹤0.01% |
170,338
+74,615
| +78% | +$600K |
|
3055
Mustang Bio
MBIO
$4.69M
| $1.46M | ﹤0.01% |
528
+291
| +123% | +$830K |
|
|
GSB
3056
DELISTED
GlobalSCAPE, Inc.
GSB
| $1.46M | ﹤0.01% |
142,453
+107,793
| +311% | +$917K |
|
|
NGM
3057
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.45M | ﹤0.01% |
+99,181
| New | +$1.45M |
|
|
IVH
3058
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
| $1.45M | ﹤0.01% |
106,875
-3,146
| -3% | -$42.9K |
|
|
VAPO
3059
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.44M | ﹤0.01% |
7,824
+653
| +9% | +$96.7K |
|
3060
Lee Enterprises
LEE
$179M
| $1.44M | ﹤0.01% |
64,224
+25,339
| +65% | +$694K |
|
3061
First Community Corp
FCCO
$319M
| $1.44M | ﹤0.01% |
77,635
-7,654
| -9% | -$140K |
|
|
TESS
3062
DELISTED
Tessco Technologies Inc
TESS
| $1.43M | ﹤0.01% |
80,168
+39,941
| +99% | +$730K |
|
|
BXG
3063
DELISTED
Bluegreen Vacations Corporation Common Stock
BXG
| $1.43M | ﹤0.01% |
122,234
+25,218
| +26% | +$324K |
|
3064
FVCBankcorp
FVCB
$337M
| $1.43M | ﹤0.01% |
+91,894
| New | +$1.28M |
|
|
XELA
3065
DELISTED
Exela Technologies, Inc. Common Stock
XELA
| $1.43M | ﹤0.01% |
54
+3
| +6% | +$102K |
|
|
CAJ
3066
DELISTED
Canon, Inc.
CAJ
| $1.42M | ﹤0.01% |
48,640
+19,733
| +68% | +$565K |
|
3067
Silicon Motion
SIMO
$8.1B
| $1.42M | ﹤0.01% |
32,044
+1,472
| +5% | +$59.1K |
|
|
AC
3068
DELISTED
Associated Capital Group
AC
| $1.42M | ﹤0.01% |
38,185
-336
| -0.9% | -$12.9K |
|
3069
Saga Communications
SGA
$62.8M
| $1.42M | ﹤0.01% |
45,407
+9,190
| +25% | +$284K |
|
|
ASNA
3070
DELISTED
Ascena Retail Group, Inc.
ASNA
| $1.41M | ﹤0.01% |
115,908
+6,070
| +6% | +$129K |
|
|
MR
3071
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.41M | ﹤0.01% |
231,495
+152,497
| +193% | +$1.52M |
|
3072
Radware
RDWR
$1.22B
| $1.4M | ﹤0.01% |
56,812
+8,398
| +17% | +$210K |
|
3073
Organogenesis Holdings
ORGO
$234M
| $1.4M | ﹤0.01% |
184,109
+50,298
| +38% | +$370K |
|
3074
Workhorse Group
WKHS
$32.7M
| $1.4M | ﹤0.01% |
159
+98
| +161% | +$453K |
|
3075
National Grid
NGG
$81.8B
| $1.4M | ﹤0.01% |
29,705
-4,473
| -13% | -$210K |
|
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.