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 | |
|---|---|---|---|---|---|---|
|
TRVN
3301
DELISTED
Trevena, Inc.
TRVN
| $688K | ﹤0.01% |
1,070
+44
| +4% | +$36.3K |
|
|
IO
3302
DELISTED
ION Geophysical Corporation
IO
| $687K | ﹤0.01% |
85,368
-38,911
| -31% | -$412K |
|
3303
Gyre Therapeutics
GYRE
$704M
| $684K | ﹤0.01% |
12,386
-5,997
| -33% | -$375K |
|
|
NVMI
3304
Nova
NVMI
$12.6B
| $683K | ﹤0.01% |
26,717
+533
| +2% | +$14.3K |
|
|
WTER
3305
DELISTED
The Alkaline Water Company Inc. Common Stock
WTER
| $682K | ﹤0.01% |
20,860
-171
| -0.8% | -$5.1K |
|
3306
Suncor Energy
SU
$74B
| $679K | ﹤0.01% |
21,187
+8,859
| +72% | +$283K |
|
|
CS
3307
DELISTED
Credit Suisse Group
CS
| $679K | ﹤0.01% |
56,785
+23,997
| +73% | +$292K |
|
3308
Medallion Financial
MFIN
$253M
| $676K | ﹤0.01% |
+100,447
| New | +$689K |
|
3309
Value Line
VALU
$375M
| $676K | ﹤0.01% |
24,595
+1,955
| +9% | +$46.5K |
|
|
QIWI
3310
DELISTED
QIWI PLC
QIWI
| $676K | ﹤0.01% |
34,570
+128
| +0.4% | +$2.05K |
|
3311
Takeda Pharmaceutical
TAK
$55.8B
| $673K | ﹤0.01% |
38,026
-40,969
| -52% | -$746K |
|
|
SBBP
3312
DELISTED
Strongbridge Biopharma plc.
SBBP
| $673K | ﹤0.01% |
215,290
+177,823
| +475% | +$653K |
|
|
BLDP
3313
Ballard Power Systems
BLDP
$784M
| $672K | ﹤0.01% |
164,544
+536
| +0.3% | +$1.94K |
|
|
UROV
3314
DELISTED
Urovant Sciences Ltd.
UROV
| $672K | ﹤0.01% |
84,996
+46,053
| +118% | +$378K |
|
|
TRCB
3315
DELISTED
Two River Bancorp
TRCB
| $671K | ﹤0.01% |
46,775
| – | – |
|
3316
Coda Octopus Group
CODA
$115M
| $666K | ﹤0.01% |
+51,071
| New | +$671K |
|
3317
Enel Chile
ENIC
$6.18B
| $666K | ﹤0.01% |
139,521
+10,339
| +8% | +$49.6K |
|
|
GIFI
3318
DELISTED
Gulf Island Fabrication
GIFI
| $664K | ﹤0.01% |
93,620
+1,421
| +2% | +$11.7K |
|
3319
Ituran Location and Control
ITRN
$1.04B
| $663K | ﹤0.01% |
22,075
+146
| +0.7% | +$4.92K |
|
3320
BioXcel Therapeutics
BTAI
$28.8M
| $662K | ﹤0.01% |
3,778
+2,194
| +139% | +$372K |
|
|
CEMI
3321
DELISTED
Chembio diagnostics, Inc.
CEMI
| $662K | ﹤0.01% |
108,715
+26,768
| +33% | +$181K |
|
|
USAK
3322
DELISTED
USA Truck Inc
USAK
| $661K | ﹤0.01% |
65,473
-30,283
| -32% | -$399K |
|
3323
Greene County Bancorp
GCBC
$593M
| $654K | ﹤0.01% |
44,486
+7,382
| +20% | +$111K |
|
|
INFI
3324
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $654K | ﹤0.01% |
363,617
+9,570
| +3% | +$15.4K |
|
3325
First Guaranty Bancshares
FGBI
$139M
| $652K | ﹤0.01% |
37,850
+6,263
| +20% | +$109K |
|
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.