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 | |
|---|---|---|---|---|---|---|
|
NXGN
1476
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $20M | ﹤0.01% |
1,005,630
+73,884
| +8% | +$1.38M |
|
1477
DNOW Inc
DNOW
$3.01B
| $20M | ﹤0.01% |
1,355,495
+93,326
| +7% | +$1.33M |
|
|
ALEX
1478
DELISTED
Alexander & Baldwin
ALEX
| $20M | ﹤0.01% |
865,011
+27,947
| +3% | +$663K |
|
1479
Worthington Enterprises
WOR
$2.79B
| $20M | ﹤0.01% |
804,778
+44,667
| +6% | +$1.05M |
|
1480
Rush Enterprises Class A
RUSHA
$9.52B
| $19.9M | ﹤0.01% |
1,228,003
+9,380
| +0.8% | +$164K |
|
1481
McGrath RentCorp
MGRC
$2.95B
| $19.9M | ﹤0.01% |
320,399
+23,932
| +8% | +$1.43M |
|
1482
Melco Resorts & Entertainment
MLCO
$2.16B
| $19.9M | ﹤0.01% |
924,243
-100,787
| -10% | -$2.29M |
|
|
DEA
1483
Easterly Government Properties
DEA
$1.14B
| $19.9M | ﹤0.01% |
439,057
+83,502
| +23% | +$3.8M |
|
1484
Federal Signal
FSS
$7.86B
| $19.9M | ﹤0.01% |
742,251
+50,581
| +7% | +$1.33M |
|
1485
Children's Place
PLCE
$56.3M
| $19.9M | ﹤0.01% |
208,172
-96
| -0% | -$9.8K |
|
1486
CareDx
CDNA
$2.44B
| $19.7M | ﹤0.01% |
548,465
+68,094
| +14% | +$2.18M |
|
1487
ProPetro Holding
PUMP
$1.43B
| $19.7M | ﹤0.01% |
951,522
+102,754
| +12% | +$2.18M |
|
1488
Nelnet
NNI
$4.48B
| $19.7M | ﹤0.01% |
332,550
+10,307
| +3% | +$605K |
|
1489
CGI
GIB
$15.5B
| $19.6M | ﹤0.01% |
257,332
+17,714
| +7% | +$1.29M |
|
|
CTB
1490
DELISTED
Cooper Tire & Rubber Co.
CTB
| $19.6M | ﹤0.01% |
622,395
+42,330
| +7% | +$1.29M |
|
|
CSII
1491
DELISTED
Cardiovascular Systems, Inc.
CSII
| $19.6M | ﹤0.01% |
457,086
+25,051
| +6% | +$972K |
|
1492
CorVel
CRVL
$3.09B
| $19.6M | ﹤0.01% |
676,179
+2,241
| +0.3% | +$55.2K |
|
1493
Knowles
KN
$3.29B
| $19.6M | ﹤0.01% |
1,068,831
+53,001
| +5% | +$935K |
|
|
CBM
1494
DELISTED
Cambrex Corporation
CBM
| $19.5M | ﹤0.01% |
417,411
+31,597
| +8% | +$1.33M |
|
1495
Freshpet
FRPT
$3.45B
| $19.5M | ﹤0.01% |
429,254
+82,322
| +24% | +$3.73M |
|
1496
Rambus
RMBS
$10.5B
| $19.5M | ﹤0.01% |
1,620,950
-13,403
| -0.8% | -$154K |
|
|
AVTA
1497
DELISTED
Avantax, Inc. Common Stock
AVTA
| $19.5M | ﹤0.01% |
641,989
-92,936
| -13% | -$3.06M |
|
|
ONC
1498
BeOne Medicines Ltd
ONC
$40.6B
| $19.5M | ﹤0.01% |
158,580
+19,700
| +14% | +$2.5M |
|
|
RWT
1499
Redwood Trust
RWT
$588M
| $19.5M | ﹤0.01% |
1,177,851
+104,738
| +10% | +$1.7M |
|
|
BOLD
1500
DELISTED
Audentes Therapeutics, Inc
BOLD
| $19.4M | ﹤0.01% |
513,384
+74,354
| +17% | +$2.86M |
|
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.