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 | |
|---|---|---|---|---|---|---|
3451
Stantec
STN
$8.5B
| $457K | ﹤0.01% |
19,078
+78
| +0.4% | +$1.88K |
|
|
HARP
3452
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $457K | ﹤0.01% |
3,515
+2,344
| +200% | +$272K |
|
3453
Intellicheck
IDN
$76.5M
| $456K | ﹤0.01% |
78,867
+66,686
| +547% | +$286K |
|
3454
UBS Group
UBS
$176B
| $456K | ﹤0.01% |
38,533
+27,694
| +256% | +$339K |
|
3455
iShares Global Healthcare ETF
IXJ
$4.23B
| – | – |
0
| – | – |
|
3456
Orion Energy Systems
OESX
$80.5M
| $455K | ﹤0.01% |
15,346
+3,731
| +32% | +$74.1K |
|
3457
Vince Holding Corp
VNCE
$77.7M
| $452K | ﹤0.01% |
32,404
+14,554
| +82% | +$195K |
|
|
AIOT
3458
PowerFleet Inc
AIOT
$380M
| $452K | ﹤0.01% |
76,959
+17,079
| +29% | +$93K |
|
|
RESN
3459
DELISTED
Resonant Inc.
RESN
| $452K | ﹤0.01% |
190,219
| – | – |
|
|
ABB
3460
DELISTED
ABB Ltd
ABB
| $450K | ﹤0.01% |
22,504
-90,894
| -80% | -$1.77M |
|
|
MOTS
3461
DELISTED
Motus GI Holdings, Inc. Common Stock
MOTS
| $446K | ﹤0.01% |
+491
| New | +$549K |
|
|
PFSW
3462
DELISTED
PFSweb, Inc.
PFSW
| $443K | ﹤0.01% |
109,572
-59,985
| -35% | -$258K |
|
|
SABA
3463
Saba Capital Income & Opportunities Fund II
SABA
$222M
| $440K | ﹤0.01% |
34,621
-110,500
| -76% | -$1.4M |
|
|
DMK
3464
DELISTED
DMK Pharmaceuticals Corporation Common Stock
DMK
| $438K | ﹤0.01% |
4,817
+448
| +10% | +$54.5K |
|
3465
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$650M
| $436K | ﹤0.01% |
31,283
-3,978
| -11% | -$54.8K |
|
3466
Bridgford Foods
BRID
$57.7M
| $433K | ﹤0.01% |
+14,578
| New | +$401K |
|
3467
Safe Bulkers
SB
$746M
| $433K | ﹤0.01% |
278,118
+62,209
| +29% | +$96.7K |
|
3468
Sasol
SSL
$7.38B
| $433K | ﹤0.01% |
+17,469
| New | +$509K |
|
|
INAP
3469
DELISTED
Internap Corporation
INAP
| $433K | ﹤0.01% |
143,921
-91,436
| -39% | -$325K |
|
3470
Chunghwa Telecom
CHT
$32.9B
| $431K | ﹤0.01% |
+11,508
| New | +$412K |
|
3471
Destination XL Group
DXLG
$32.2M
| $431K | ﹤0.01% |
245,099
| – | – |
|
3472
Lloyds Banking Group
LYG
$88.4B
| $431K | ﹤0.01% |
151,882
-102,001
| -40% | -$315K |
|
3473
Corvus Pharmaceuticals
CRVS
$1.24B
| $429K | ﹤0.01% |
114,794
-48,097
| -30% | -$188K |
|
3474
Transact Technologies
TACT
$59.6M
| $429K | ﹤0.01% |
38,158
| – | – |
|
|
KERNW
3475
DELISTED
Akerna Corp Warrant
KERNW
| $429K | ﹤0.01% |
+148,200
| New | +$418K |
|
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.