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 | |
|---|---|---|---|---|---|---|
|
LUNA
3226
DELISTED
Luna Innovations Incorporated
LUNA
| $877K | ﹤0.01% |
194,890
+45,961
| +31% | +$197K |
|
3227
Barclays
BCS
$93.7B
| $876K | ﹤0.01% |
117,641
-4,812
| -4% | -$38K |
|
|
XOMA
3228
DELISTED
Xoma
XOMA
| $875K | ﹤0.01% |
58,885
-23,351
| -28% | -$350K |
|
|
KF
3229
Korea Fund
KF
$250M
| $872K | ﹤0.01% |
30,270
+10,153
| +50% | +$294K |
|
|
NRCG
3230
DELISTED
NRC Group Holdings Corp.
NRCG
| $867K | ﹤0.01% |
+78,080
| New | +$691K |
|
|
IDEX
3231
DELISTED
Ideanomics, Inc. Common Stock
IDEX
| $864K | ﹤0.01% |
2,813
+1,939
| +222% | +$420K |
|
|
XONE
3232
DELISTED
The ExOne Company
XONE
| $858K | ﹤0.01% |
92,129
| – | – |
|
|
DOO
3233
Bombardier Recreational Products
DOO
$4.79B
| $857K | ﹤0.01% |
24,000
| – | – |
|
3234
Nature's Sunshine
NATR
$281M
| $847K | ﹤0.01% |
91,266
+8,817
| +11% | +$82.5K |
|
3235
ACM Research
ACMR
$5.57B
| $846K | ﹤0.01% |
162,735
-96,189
| -37% | -$557K |
|
3236
cbdMD
YCBD
$6.14M
| $846K | ﹤0.01% |
399
+290
| +266% | +$589K |
|
|
QADB
3237
DELISTED
QAD Inc. Class B
QADB
| $845K | ﹤0.01% |
28,665
| – | – |
|
|
DEX
3238
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $843K | ﹤0.01% |
85,200
-70,756
| -45% | -$695K |
|
3239
Rush Enterprises Class B
RUSHB
$9.23B
| $842K | ﹤0.01% |
51,383
+4,473
| +10% | +$79.1K |
|
|
SSFN
3240
DELISTED
Stewardship Financial Corp
SSFN
| $842K | ﹤0.01% |
+54,467
| New | +$598K |
|
|
ZVO
3241
DELISTED
Zovio Inc. Common Stock
ZVO
| $836K | ﹤0.01% |
233,618
+40,188
| +21% | +$200K |
|
|
CVIA
3242
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $836K | ﹤0.01% |
426,699
+80,150
| +23% | +$309K |
|
3243
Ultralife
ULBI
$119M
| $828K | ﹤0.01% |
104,258
+2,835
| +3% | +$25.8K |
|
3244
Vuzix
VUZI
$220M
| $827K | ﹤0.01% |
202,251
-65,182
| -24% | -$187K |
|
3245
Crawford & Co Class B
CRD.B
$585M
| $823K | ﹤0.01% |
88,469
-34,021
| -28% | -$300K |
|
|
GEN
3246
DELISTED
Genesis Healthcare, Inc.
GEN
| $823K | ﹤0.01% |
663,765
+164,010
| +33% | +$209K |
|
3247
Stagwell
STGW
$2.27B
| $819K | ﹤0.01% |
325,439
+61,275
| +23% | +$158K |
|
|
CYBE
3248
DELISTED
Cyberoptics Corp
CYBE
| $819K | ﹤0.01% |
50,478
-58
| -0.1% | -$976 |
|
|
ROAN
3249
DELISTED
Roan Resources, Inc.
ROAN
| $818K | ﹤0.01% |
470,507
+156,580
| +50% | +$565K |
|
3250
Grupo Cibest SA
CIB
$23.3B
| $810K | ﹤0.01% |
15,878
+3,993
| +34% | +$199K |
|
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.