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 | |
|---|---|---|---|---|---|---|
|
PINC
1401
DELISTED
Premier
PINC
| $22.7M | 0.01% |
579,256
+7,311
| +1% | +$264K |
|
1402
Sunrun
RUN
$2.42B
| $22.6M | 0.01% |
1,207,137
+166,273
| +16% | +$2.7M |
|
1403
Hain Celestial
HAIN
$48.8M
| $22.6M | 0.01% |
1,032,480
+27,267
| +3% | +$598K |
|
1404
ZTO Express
ZTO
$17.6B
| $22.6M | 0.01% |
1,186,867
+178,717
| +18% | +$3.36M |
|
|
SFBS
1405
ServisFirst Bancshares
SFBS
$4.88B
| $22.6M | 0.01% |
659,471
+35,500
| +6% | +$1.19M |
|
1406
Prestige Consumer Healthcare
PBH
$2.54B
| $22.5M | 0.01% |
711,809
+95,742
| +16% | +$2.85M |
|
1407
Peabody Energy
BTU
$2.98B
| $22.5M | 0.01% |
935,108
+103
| +0% | +$2.71K |
|
1408
Fabrinet
FN
$18.8B
| $22.5M | 0.01% |
453,125
-5,776
| -1% | -$305K |
|
1409
Natera
NTRA
$45.1B
| $22.5M | 0.01% |
814,126
+304,401
| +60% | +$6.72M |
|
1410
Supernus Pharmaceuticals
SUPN
$2.73B
| $22.4M | 0.01% |
675,766
+40,936
| +6% | +$1.4M |
|
|
WDR
1411
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $22.3M | 0.01% |
1,339,725
+131,734
| +11% | +$2.3M |
|
1412
Saia
SAIA
$9.52B
| $22.3M | 0.01% |
344,662
+27,735
| +9% | +$1.77M |
|
1413
Westamerica Bancorp
WABC
$1.36B
| $22.2M | 0.01% |
360,929
+26,823
| +8% | +$1.67M |
|
1414
Regenxbio
RGNX
$703M
| $22.2M | 0.01% |
432,291
+24,917
| +6% | +$1.24M |
|
1415
LivePerson
LPSN
$33.6M
| $22.2M | 0.01% |
52,778
+4,918
| +10% | +$2.1M |
|
|
MDR
1416
DELISTED
McDermott International
MDR
| $22.2M | 0.01% |
2,294,242
+186,843
| +9% | +$1.49M |
|
1417
First Interstate BancSystem
FIBK
$3.62B
| $22.1M | 0.01% |
558,523
+72,985
| +15% | +$2.91M |
|
1418
Pilgrim's Pride
PPC
$6.4B
| $22.1M | 0.01% |
870,438
+167,918
| +24% | +$4.35M |
|
1419
Forward Air
FWRD
$628M
| $22.1M | 0.01% |
373,327
+23,224
| +7% | +$1.43M |
|
1420
NBT Bancorp
NBTB
$2.75B
| $22.1M | 0.01% |
588,598
+30,774
| +6% | +$1.14M |
|
1421
iShares MSCI Taiwan ETF
EWT
$11.2B
| – | – |
0
| – | – |
|
|
BBBY
1422
DELISTED
Bed Bath & Beyond Inc
BBBY
| $22M | 0.01% |
1,894,117
+69,813
| +4% | +$1.04M |
|
|
FLOW
1423
DELISTED
SPX FLOW, Inc.
FLOW
| $22M | 0.01% |
524,588
+45,940
| +10% | +$1.7M |
|
|
NGHC
1424
DELISTED
National General Holdings Corp
NGHC
| $21.9M | 0.01% |
953,675
+25,633
| +3% | +$612K |
|
|
EFII
1425
DELISTED
Electronics for Imaging
EFII
| $21.9M | 0.01% |
592,561
+18,180
| +3% | +$649K |
|
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.