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 | |
|---|---|---|---|---|---|---|
3126
Lifetime Brands
LCUT
$221M
| $1.23M | ﹤0.01% |
130,224
+6,781
| +5% | +$61.9K |
|
3127
iRadimed
IRMD
$1.14B
| $1.23M | ﹤0.01% |
60,092
+8,692
| +17% | +$205K |
|
|
CCEC
3128
Capital Clean Energy Carriers
CCEC
$1.35B
| $1.22M | ﹤0.01% |
115,949
+40,071
| +53% | +$425K |
|
|
PLYM
3129
DELISTED
Plymouth Industrial REIT
PLYM
| $1.21M | ﹤0.01% |
64,124
+42,698
| +199% | +$759K |
|
|
NETI
3130
DELISTED
Eneti Inc.
NETI
| $1.21M | ﹤0.01% |
28,286
+5,649
| +25% | +$241K |
|
3131
Alphatec Holdings
ATEC
$1.45B
| $1.21M | ﹤0.01% |
265,674
+151,822
| +133% | +$566K |
|
|
NXDT
3132
NexPoint Diversified Real Estate Trust
NXDT
$243M
| $1.21M | ﹤0.01% |
63,786
+45,396
| +247% | +$903K |
|
|
LOGC
3133
DELISTED
LogicBio Therapeutics, Inc. Common Stock
LOGC
| $1.2M | ﹤0.01% |
92,151
+29,318
| +47% | +$389K |
|
3134
Travelzoo
TZOO
$73.2M
| $1.19M | ﹤0.01% |
77,087
+7,578
| +11% | +$128K |
|
|
SRT
3135
DELISTED
Startek Inc.
SRT
| $1.19M | ﹤0.01% |
145,654
+81,831
| +128% | +$626K |
|
3136
B2Gold
BTG
$6.7B
| $1.19M | ﹤0.01% |
390,220
+224,267
| +135% | +$613K |
|
3137
MakeMyTrip
MMYT
$5.78B
| $1.19M | ﹤0.01% |
47,784
+176
| +0.4% | +$4.45K |
|
|
IAE
3138
Voya Asia Pacific High Dividend Equity Income Fund
IAE
$92.7M
| $1.18M | ﹤0.01% |
127,565
+3,719
| +3% | +$33.3K |
|
|
ACB
3139
Aurora Cannabis
ACB
$216M
| $1.17M | ﹤0.01% |
1,290
+268
| +26% | +$269K |
|
|
SIC
3140
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $1.17M | ﹤0.01% |
+100,651
| New | +$1.19M |
|
|
KDNY
3141
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $1.17M | ﹤0.01% |
152,135
+7,325
| +5% | +$112K |
|
3142
Esquire Financial Holdings
ESQ
$1.15B
| $1.17M | ﹤0.01% |
46,440
+11,582
| +33% | +$273K |
|
|
GCAP
3143
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.17M | ﹤0.01% |
282,308
-11,671
| -4% | -$56.1K |
|
3144
Mayville Engineering Co
MEC
$574M
| $1.16M | ﹤0.01% |
+84,027
| New | +$1.29M |
|
3145
Grupo Aeroportuario del Pacifico
PAC
$12.7B
| $1.16M | ﹤0.01% |
11,115
+2,071
| +23% | +$210K |
|
3146
LiveOne
LVO
$62.8M
| $1.16M | ﹤0.01% |
27,877
+2,532
| +10% | +$112K |
|
3147
Smith & Nephew
SNN
$12.6B
| $1.16M | ﹤0.01% |
26,565
-2,037
| -7% | -$84.3K |
|
3148
Costamare
CMRE
$1.69B
| $1.15M | ﹤0.01% |
225,092
+22,386
| +11% | +$123K |
|
3149
Celcuity
CELC
$4.3B
| $1.15M | ﹤0.01% |
45,818
+7,482
| +20% | +$165K |
|
3150
Solid Biosciences
SLDB
$949M
| $1.14M | ﹤0.01% |
13,251
+1,070
| +9% | +$117K |
|
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.