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 | |
|---|---|---|---|---|---|---|
501
TransUnion
TRU
$15.3B
| $126M | 0.03% |
1,718,327
+56,411
| +3% | +$3.86M |
|
502
GoDaddy
GDDY
$11.5B
| $125M | 0.03% |
1,789,599
-55,325
| -3% | -$4.17M |
|
503
LKQ Corp
LKQ
$6.29B
| $125M | 0.03% |
4,702,840
+187,453
| +4% | +$5.25M |
|
|
DATA
504
DELISTED
Tableau Software, Inc.
DATA
| $125M | 0.03% |
752,111
+22,235
| +3% | +$2.92M |
|
505
Qorvo
QRVO
$8.74B
| $125M | 0.03% |
1,873,237
+23,782
| +1% | +$1.65M |
|
506
Domino's
DPZ
$11.6B
| $124M | 0.03% |
447,365
+9,339
| +2% | +$2.55M |
|
507
Leidos
LDOS
$17.3B
| $123M | 0.03% |
1,535,181
+43,872
| +3% | +$3.2M |
|
508
NOV
NOV
$7B
| $122M | 0.03% |
5,518,375
+285,410
| +5% | +$6.9M |
|
509
Western Union
WU
$2.21B
| $122M | 0.03% |
6,126,327
+193,633
| +3% | +$3.77M |
|
510
Kohl's
KSS
$2.19B
| $122M | 0.03% |
2,561,456
-370,042
| -13% | -$22.3M |
|
511
OGE Energy
OGE
$9.71B
| $121M | 0.03% |
2,846,478
-63,775
| -2% | -$2.7M |
|
|
FLIR
512
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $121M | 0.03% |
2,240,175
+81,428
| +4% | +$4.13M |
|
513
Fidelity National Financial
FNF
$13.5B
| $121M | 0.03% |
3,124,044
+111,138
| +4% | +$4.19M |
|
514
Molina Healthcare
MOH
$10.3B
| $120M | 0.03% |
841,710
+177,053
| +27% | +$24.3M |
|
515
Elanco Animal Health
ELAN
$11.1B
| $119M | 0.03% |
3,533,556
+293,234
| +9% | +$9.52M |
|
516
Alaska Air
ALK
$5.58B
| $119M | 0.03% |
1,860,668
-72,128
| -4% | -$4.39M |
|
517
HF Sinclair
DINO
$14.5B
| $118M | 0.03% |
2,563,032
-282,417
| -10% | -$12.6M |
|
518
Fortune Brands Innovations
FBIN
$6.06B
| $118M | 0.03% |
2,426,648
+52,893
| +2% | +$2.35M |
|
519
JB Hunt Transport Services
JBHT
$25.2B
| $118M | 0.03% |
1,296,122
+65,148
| +5% | +$6.15M |
|
520
Unum
UNM
$14.3B
| $118M | 0.03% |
3,518,023
+233,956
| +7% | +$8.1M |
|
521
SEI Investments
SEIC
$12.6B
| $117M | 0.03% |
2,091,551
+62,054
| +3% | +$3.35M |
|
|
NLSN
522
DELISTED
Nielsen Holdings plc
NLSN
| $117M | 0.03% |
5,199,438
+356,930
| +7% | +$8.63M |
|
523
Gaming and Leisure Properties
GLPI
$12.8B
| $116M | 0.03% |
2,963,205
+24,383
| +0.8% | +$966K |
|
524
Check Point Software Technologies
CHKP
$13.1B
| $115M | 0.03% |
998,153
+49,614
| +5% | +$5.86M |
|
525
Teledyne Technologies
TDY
$32B
| $115M | 0.03% |
418,993
+16,447
| +4% | +$4.1M |
|
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.