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 | |
|---|---|---|---|---|---|---|
3326
Wrap Technologies
WRAP
$104M
| $652K | ﹤0.01% |
104,897
+62,534
| +148% | +$426K |
|
|
MGI
3327
DELISTED
MoneyGram International, Inc. New
MGI
| $652K | ﹤0.01% |
264,352
-137,091
| -34% | -$307K |
|
3328
Brookfield
BN
$110B
| $651K | ﹤0.01% |
38,210
+16,007
| +72% | +$271K |
|
|
HTT
3329
High Templar Tech Ltd
HTT
$388M
| $646K | ﹤0.01% |
86,251
-87,228
| -50% | -$601K |
|
3330
INNOVATE Corp
VATE
$102M
| $646K | ﹤0.01% |
27,394
-14,410
| -34% | -$354K |
|
|
EARN
3331
Ellington Residential Mortgage REIT
EARN
$164M
| $645K | ﹤0.01% |
59,968
+3,769
| +7% | +$42.6K |
|
|
ATXS
3332
DELISTED
Astria Therapeutics
ATXS
| $644K | ﹤0.01% |
13,304
+243
| +2% | +$11K |
|
|
ALSK
3333
DELISTED
Alaska Communications Systems
ALSK
| $641K | ﹤0.01% |
374,956
+5,911
| +2% | +$10.3K |
|
|
ATAXZ
3334
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $637K | ﹤0.01% |
89,700
-5,418
| -6% | -$38.5K |
|
3335
Transcontinental Realty Investors
TCI
$318M
| $635K | ﹤0.01% |
24,794
-3,853
| -13% | -$112K |
|
|
TTOO
3336
DELISTED
T2 Biosystems, Inc
TTOO
| $634K | ﹤0.01% |
76
-12
| -14% | -$141K |
|
3337
Coastal Financial
CCB
$793M
| $633K | ﹤0.01% |
40,971
+9,354
| +30% | +$152K |
|
3338
Kodak
KODK
$987M
| $631K | ﹤0.01% |
262,934
-67,469
| -20% | -$167K |
|
3339
Canadian Pacific Kansas City
CP
$80.8B
| $629K | ﹤0.01% |
13,390
+2,470
| +23% | +$110K |
|
3340
Vaalco Energy
EGY
$620M
| $626K | ﹤0.01% |
374,992
-477
| -0.1% | -$932 |
|
|
REED
3341
DELISTED
Reeds, Inc. Common Stock
REED
| $625K | ﹤0.01% |
3,310
| – | – |
|
|
CIC.WS
3342
DELISTED
Capitol Investment Corp. IV
CIC.WS
| $625K | ﹤0.01% |
+450,000
| New | +$666K |
|
|
TBCH
3343
Turtle Beach Corp
TBCH
$256M
| $624K | ﹤0.01% |
54,006
-34,517
| -39% | -$366K |
|
3344
Siebert Financial
SIEB
$68.8M
| $621K | ﹤0.01% |
69,034
+7,123
| +12% | +$71K |
|
|
CRON
3345
Cronos Group
CRON
$1.13B
| $617K | ﹤0.01% |
+39,810
| New | +$643K |
|
|
EMKR
3346
DELISTED
Emcore Corp
EMKR
| $617K | ﹤0.01% |
18,759
| – | – |
|
|
LX
3347
LexinFintech Holdings
LX
$242M
| $613K | ﹤0.01% |
55,041
+7,266
| +15% | +$90.5K |
|
|
VTIQW
3348
DELISTED
VectoIQ Acquisition Corp. Warrant
VTIQW
| $612K | ﹤0.01% |
1,360,334
+360,334
| +36% | +$190K |
|
3349
Dorchester Minerals
DMLP
$1.33B
| $611K | ﹤0.01% |
33,408
-18,180
| -35% | -$342K |
|
|
TUES
3350
DELISTED
Tuesday Morning Corp
TUES
| $609K | ﹤0.01% |
360,523
| – | – |
|
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.