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 | |
|---|---|---|---|---|---|---|
1526
TriMas Corp
TRS
$1.43B
| $18.7M | ﹤0.01% |
605,145
+42,678
| +8% | +$1.31M |
|
|
SYKE
1527
DELISTED
SYKES Enterprises Inc
SYKE
| $18.7M | ﹤0.01% |
681,472
-10,513
| -2% | -$283K |
|
1528
Newmark Group
NMRK
$2.62B
| $18.7M | ﹤0.01% |
2,082,859
+101,883
| +5% | +$858K |
|
|
PS
1529
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $18.7M | ﹤0.01% |
616,655
-260,903
| -30% | -$8.38M |
|
|
HTO
1530
H2O America
HTO
$2.61B
| $18.7M | ﹤0.01% |
307,558
+28,762
| +10% | +$1.77M |
|
|
HTZ
1531
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $18.6M | ﹤0.01% |
1,167,495
+455,854
| +64% | +$6.86M |
|
1532
Axos Financial
AX
$5.68B
| $18.6M | ﹤0.01% |
681,470
+46,843
| +7% | +$1.38M |
|
|
CPE
1533
DELISTED
Callon Petroleum Company
CPE
| $18.5M | ﹤0.01% |
280,939
+15,662
| +6% | +$1.13M |
|
1534
Helios Technologies
HLIO
$2.68B
| $18.5M | ﹤0.01% |
398,799
+25,367
| +7% | +$1.18M |
|
1535
MaxLinear
MXL
$6.26B
| $18.5M | ﹤0.01% |
789,559
+72,582
| +10% | +$1.77M |
|
1536
Enanta Pharmaceuticals
ENTA
$393M
| $18.5M | ﹤0.01% |
219,301
+6,858
| +3% | +$617K |
|
1537
Simply Good Foods
SMPL
$961M
| $18.5M | ﹤0.01% |
768,002
+97,190
| +14% | +$2.2M |
|
|
RAVN
1538
DELISTED
Raven Industries Inc
RAVN
| $18.3M | ﹤0.01% |
509,992
+36,363
| +8% | +$1.33M |
|
1539
AppFolio
APPF
$7.19B
| $18.3M | ﹤0.01% |
178,520
+14,582
| +9% | +$1.38M |
|
1540
LGI Homes
LGIH
$1.34B
| $18.2M | ﹤0.01% |
254,464
+22,616
| +10% | +$1.57M |
|
1541
CVR Energy
CVI
$3.42B
| $18.2M | ﹤0.01% |
363,415
+67,622
| +23% | +$3.03M |
|
1542
Astronics
ATRO
$3.7B
| $18.1M | ﹤0.01% |
541,236
+67,477
| +14% | +$2.12M |
|
|
GCP
1543
DELISTED
GCP Applied Technologies Inc.
GCP
| $18.1M | ﹤0.01% |
801,228
-27,227
| -3% | -$735K |
|
1544
CNX Resources
CNX
$5.35B
| $18.1M | ﹤0.01% |
2,479,480
+429,832
| +21% | +$3.78M |
|
1545
Orthofix Medical
OFIX
$420M
| $18.1M | ﹤0.01% |
342,604
+26,526
| +8% | +$1.41M |
|
1546
Mercury Insurance
MCY
$5.86B
| $18.1M | ﹤0.01% |
289,680
+6,556
| +2% | +$366K |
|
1547
Enerpac Tool Group
EPAC
$1.91B
| $18.1M | ﹤0.01% |
729,381
+32,836
| +5% | +$806K |
|
|
ATRI
1548
DELISTED
Atrion Corp
ATRI
| $18M | ﹤0.01% |
21,157
+1,672
| +9% | +$1.48M |
|
1549
Perdoceo Education
PRDO
$1.95B
| $18M | ﹤0.01% |
944,003
+79,603
| +9% | +$1.47M |
|
|
UHT
1550
Universal Health Realty Income Trust
UHT
$566M
| $17.9M | ﹤0.01% |
211,337
+10,822
| +5% | +$889K |
|
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.