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 | |
|---|---|---|---|---|---|---|
1376
eHealth
EHTH
$39.1M
| $23.4M | 0.01% |
271,506
+24,727
| +10% | +$1.66M |
|
1377
United Parks & Resorts
PRKS
$2B
| $23.3M | 0.01% |
753,201
+30,275
| +4% | +$831K |
|
|
WLL
1378
DELISTED
Whiting Petroleum Corporation
WLL
| $23.3M | 0.01% |
16,661
+3,153
| +23% | +$5.42M |
|
1379
Minerals Technologies
MTX
$2.3B
| $23.3M | 0.01% |
436,144
+3,829
| +0.9% | +$223K |
|
1380
Badger Meter
BMI
$3.93B
| $23.3M | 0.01% |
390,709
+30,892
| +9% | +$1.71M |
|
|
SEM
1381
DELISTED
Select Medical
SEM
| $23.3M | 0.01% |
2,721,748
+107,377
| +4% | +$848K |
|
1382
Eagle Bancorp
EGBN
$865M
| $23.3M | 0.01% |
429,775
+35,051
| +9% | +$1.91M |
|
1383
Ironwood Pharmaceuticals
IRWD
$711M
| $23.2M | 0.01% |
2,124,100
-194,623
| -8% | -$2.18M |
|
|
MANT
1384
DELISTED
Mantech International Corp
MANT
| $23.2M | 0.01% |
352,890
+26,540
| +8% | +$1.61M |
|
1385
Medifast
MED
$130M
| $23.2M | 0.01% |
181,035
-8,378
| -4% | -$1.16M |
|
1386
Genworth Financial
GNW
$3.7B
| $23.2M | 0.01% |
6,254,941
+469,383
| +8% | +$1.66M |
|
1387
Plexus
PLXS
$7.2B
| $23.1M | 0.01% |
396,576
-5,797
| -1% | -$334K |
|
|
HF
1388
DELISTED
HFF Inc.
HF
| $23.1M | 0.01% |
508,241
+34,338
| +7% | +$1.57M |
|
|
EPAY
1389
DELISTED
Bottomline Technologies Inc
EPAY
| $23.1M | 0.01% |
521,435
+46,935
| +10% | +$2.18M |
|
1390
Carvana
CVNA
$79.2B
| $23M | 0.01% |
1,839,815
-17,565
| -0.9% | -$226K |
|
|
SFLY
1391
DELISTED
Shutterfly, Inc.
SFLY
| $23M | 0.01% |
455,288
+42,127
| +10% | +$1.92M |
|
1392
Sally Beauty Holdings
SBH
$1.58B
| $23M | 0.01% |
1,722,706
+125,685
| +8% | +$2.05M |
|
1393
Casella Waste Systems
CWST
$5.89B
| $22.9M | 0.01% |
579,084
+43,409
| +8% | +$1.63M |
|
|
KAMN
1394
DELISTED
Kaman Corp
KAMN
| $22.9M | 0.01% |
360,098
+17,588
| +5% | +$1.05M |
|
1395
Arcosa
ACA
$7.12B
| $22.9M | 0.01% |
608,496
+116,441
| +24% | +$3.98M |
|
1396
Dycom Industries
DY
$12.1B
| $22.9M | 0.01% |
388,797
+31,746
| +9% | +$1.62M |
|
1397
Pembina Pipeline
PBA
$28.3B
| $22.8M | 0.01% |
603,321
+80,759
| +15% | +$2.94M |
|
1398
La-Z-Boy
LZB
$1.66B
| $22.8M | 0.01% |
743,490
+3,209
| +0.4% | +$105K |
|
|
RETA
1399
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $22.7M | 0.01% |
241,049
+25,043
| +12% | +$2.16M |
|
1400
Beyond Meat
BYND
$215M
| $22.7M | 0.01% |
+141,203
| New | +$15.8M |
|
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.