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 | |
|---|---|---|---|---|---|---|
|
YGYI
3376
DELISTED
Youngevity International, Inc Common Stock
YGYI
| $572K | ﹤0.01% |
100,413
+43,982
| +78% | +$254K |
|
|
ERF
3377
DELISTED
Enerplus Corporation
ERF
| $571K | ﹤0.01% |
76,030
+12,756
| +20% | +$104K |
|
3378
Smith Micro Software
SMSI
$16.6M
| $563K | ﹤0.01% |
4,631
+920
| +25% | +$112K |
|
|
VOXX
3379
DELISTED
VOXX International Corporation Class A
VOXX
| $563K | ﹤0.01% |
135,478
| – | – |
|
|
MMAT
3380
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $563K | ﹤0.01% |
1,983
+287
| +17% | +$75.6K |
|
|
SOHU
3381
Sohu.com
SOHU
$371M
| $558K | ﹤0.01% |
39,963
+9,473
| +31% | +$150K |
|
3382
Alcon
ALC
$36.7B
| $556K | ﹤0.01% |
+8,972
| New | +$527K |
|
3383
Fresenius Medical Care
FMS
$12.7B
| $556K | ﹤0.01% |
14,166
+3,187
| +29% | +$126K |
|
|
GGZ
3384
Gabelli Global Small and Mid-Cap Value Trust
GGZ
$127M
| $553K | ﹤0.01% |
47,683
+377
| +0.8% | +$4.38K |
|
3385
Rimini Street
RMNI
$449M
| $552K | ﹤0.01% |
104,184
+56,232
| +117% | +$283K |
|
3386
Cemex
CX
$16.1B
| $550K | ﹤0.01% |
129,997
-209,499
| -62% | -$935K |
|
3387
China Yuchai International
CYD
$1.75B
| $550K | ﹤0.01% |
36,749
+542
| +1% | +$8.36K |
|
3388
STRATTEC Security
STRT
$349M
| $547K | ﹤0.01% |
22,701
-332
| -1% | -$9.05K |
|
|
GOEVW
3389
DELISTED
Canoo Inc. Warrant
GOEVW
| $547K | ﹤0.01% |
+912,512
| New | +$493K |
|
3390
Canadian Imperial Bank of Commerce
CM
$109B
| $546K | ﹤0.01% |
13,908
+1,972
| +17% | +$79.4K |
|
|
GRVY
3391
GRAVITY
GRVY
$486M
| $546K | ﹤0.01% |
11,848
+7,594
| +179% | +$517K |
|
3392
Natural Health Trends
NHTC
$14.9M
| $544K | ﹤0.01% |
67,681
-42,566
| -39% | -$445K |
|
3393
Royce Value Trust
RVT
$2.3B
| $542K | ﹤0.01% |
38,978
-4,700
| -11% | -$65.3K |
|
|
RDS.A
3394
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $542K | ﹤0.01% |
8,348
-2,259
| -21% | -$144K |
|
|
VSI
3395
DELISTED
Vitamin Shoppe Inc.
VSI
| $542K | ﹤0.01% |
137,766
-16,118
| -10% | -$83.3K |
|
3396
Build-A-Bear
BBW
$462M
| $538K | ﹤0.01% |
96,345
| – | – |
|
3397
Hovnanian Enterprises
HOV
$805M
| $537K | ﹤0.01% |
70,661
+19,542
| +38% | +$237K |
|
3398
Everspin Technologies
MRAM
$400M
| $535K | ﹤0.01% |
82,191
| – | – |
|
|
BPL
3399
DELISTED
Buckeye Partners, L.P.
BPL
| $535K | ﹤0.01% |
+13,039
| New | +$492K |
|
3400
Fortress Biotech
FBIO
$86.7M
| $534K | ﹤0.01% |
23,743
-9,433
| -28% | -$243K |
|
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.