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 | |
|---|---|---|---|---|---|---|
1576
Seacoast Banking Corp of Florida
SBCF
$3.42B
| $17.2M | ﹤0.01% |
676,206
+69,972
| +12% | +$1.82M |
|
1577
City Holding Co
CHCO
$2.06B
| $17.2M | ﹤0.01% |
225,544
+13,391
| +6% | +$1.03M |
|
|
INST
1578
DELISTED
Instructure, Inc.
INST
| $17.2M | ﹤0.01% |
404,319
+35,095
| +10% | +$1.52M |
|
|
HA
1579
DELISTED
Hawaiian Holdings, Inc.
HA
| $17.2M | ﹤0.01% |
626,092
+29,553
| +5% | +$803K |
|
|
WTRU
1580
DELISTED
Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
| – | – |
0
| – | – |
|
1581
Clearway Energy Class C
CWEN
$7.08B
| $17.1M | ﹤0.01% |
1,015,847
+95,969
| +10% | +$1.52M |
|
|
DCH
1582
Dauch Corp
DCH
$1.64B
| $17.1M | ﹤0.01% |
1,341,379
-278,304
| -17% | -$3.62M |
|
|
KRA
1583
DELISTED
Kraton Corporation
KRA
| $17.1M | ﹤0.01% |
550,800
+17,186
| +3% | +$519K |
|
1584
Denali Therapeutics
DNLI
$3.95B
| $17.1M | ﹤0.01% |
823,633
+49,746
| +6% | +$1.11M |
|
|
WIRE
1585
DELISTED
Encore Wire Corp
WIRE
| $17.1M | ﹤0.01% |
291,758
+9,815
| +3% | +$549K |
|
1586
Cal-Maine
CALM
$3.87B
| $17.1M | ﹤0.01% |
408,825
+26,506
| +7% | +$1.09M |
|
|
DOOR
1587
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $17.1M | ﹤0.01% |
323,696
-119
| -0% | -$6.16K |
|
1588
Laureate Education
LAUR
$5.05B
| $17.1M | ﹤0.01% |
1,085,362
+143,136
| +15% | +$2.28M |
|
|
FG
1589
DELISTED
FGL Holdings Ordinary Shares
FG
| $17M | ﹤0.01% |
2,027,798
+142,628
| +8% | +$1.2M |
|
1590
G-III Apparel Group
GIII
$1.44B
| $17M | ﹤0.01% |
578,358
+46,503
| +9% | +$1.59M |
|
1591
First Busey Corp
BUSE
$2.57B
| $16.9M | ﹤0.01% |
641,125
+68,395
| +12% | +$1.75M |
|
1592
Central Garden & Pet Co Class A
CENTA
$2.4B
| $16.9M | ﹤0.01% |
858,276
+133,030
| +18% | +$2.67M |
|
|
AMWD
1593
DELISTED
American Woodmark
AMWD
| $16.9M | ﹤0.01% |
199,209
+19,341
| +11% | +$1.63M |
|
1594
B&G Foods
BGS
$277M
| $16.8M | ﹤0.01% |
809,790
+63,493
| +9% | +$1.46M |
|
1595
PRA Group
PRAA
$706M
| $16.8M | ﹤0.01% |
598,475
+33,361
| +6% | +$943K |
|
|
HAPN
1596
Happen Inc
HAPN
$2.22B
| $16.8M | ﹤0.01% |
1,023,942
+87,498
| +9% | +$1.38M |
|
1597
Champion Homes
SKY
$5.11B
| $16.8M | ﹤0.01% |
612,650
+112,540
| +23% | +$2.56M |
|
1598
Independence Realty Trust
IRT
$3.93B
| $16.7M | ﹤0.01% |
1,446,323
+117,364
| +9% | +$1.29M |
|
1599
Gray Television
GTN
$490M
| $16.7M | ﹤0.01% |
1,020,665
+125,129
| +14% | +$2.48M |
|
|
VRTU
1600
DELISTED
Virtusa Corporation
VRTU
| $16.7M | ﹤0.01% |
375,823
+31,276
| +9% | +$1.53M |
|
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.