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 | |
|---|---|---|---|---|---|---|
1651
OceanFirst Financial
OCFC
$1.84B
| $15.7M | ﹤0.01% |
631,122
+60,176
| +11% | +$1.48M |
|
|
RPT
1652
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $15.6M | ﹤0.01% |
1,291,231
+124,424
| +11% | +$1.53M |
|
1653
Kontoor Brands
KTB
$4.14B
| $15.6M | ﹤0.01% |
+556,852
| New | +$16.5M |
|
|
MNR
1654
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $15.5M | ﹤0.01% |
1,145,767
+80,466
| +8% | +$1.11M |
|
|
MSGN
1655
DELISTED
MSG Networks Inc.
MSGN
| $15.5M | ﹤0.01% |
746,999
+27,248
| +4% | +$598K |
|
1656
Piper Sandler
PIPR
$5.35B
| $15.5M | ﹤0.01% |
832,532
+77,708
| +10% | +$1.47M |
|
1657
Corcept Therapeutics
CORT
$12.1B
| $15.4M | ﹤0.01% |
1,384,472
+124,903
| +10% | +$1.39M |
|
|
KNL
1658
DELISTED
Knoll, Inc.
KNL
| $15.4M | ﹤0.01% |
671,658
+43,442
| +7% | +$901K |
|
1659
Varex Imaging
VREX
$783M
| $15.4M | ﹤0.01% |
501,871
+32,049
| +7% | +$978K |
|
|
ALX
1660
Alexander's
ALX
$1.39B
| $15.3M | ﹤0.01% |
41,351
+2,189
| +6% | +$832K |
|
1661
Mativ Holdings
MATV
$706M
| $15.3M | ﹤0.01% |
460,702
-33,771
| -7% | -$1.14M |
|
|
POLY
1662
DELISTED
Plantronics, Inc.
POLY
| $15.3M | ﹤0.01% |
412,576
+21,615
| +6% | +$1M |
|
|
EBIX
1663
DELISTED
Ebix Inc
EBIX
| $15.3M | ﹤0.01% |
304,100
+15,972
| +6% | +$794K |
|
1664
World Acceptance Corp
WRLD
$873M
| $15.2M | ﹤0.01% |
92,694
+7,229
| +8% | +$987K |
|
1665
Thomson Reuters
TRI
$45.4B
| $15.2M | ﹤0.01% |
223,894
+14,727
| +7% | +$975K |
|
1666
Hamilton Lane
HLNE
$5.78B
| $15.2M | ﹤0.01% |
266,454
+47,786
| +22% | +$2.4M |
|
1667
Huron Consulting
HURN
$2.43B
| $15.2M | ﹤0.01% |
301,517
+23,244
| +8% | +$1.14M |
|
|
LNW
1668
DELISTED
Light & Wonder
LNW
| $15.2M | ﹤0.01% |
765,386
+65,074
| +9% | +$1.35M |
|
1669
Apogee Enterprises
APOG
$904M
| $15.1M | ﹤0.01% |
348,494
+14,096
| +4% | +$551K |
|
|
EGOV
1670
DELISTED
NIC Inc
EGOV
| $15.1M | ﹤0.01% |
941,281
+64,970
| +7% | +$1.07M |
|
1671
Helix Energy Solutions
HLX
$1.5B
| $15.1M | ﹤0.01% |
1,747,664
+144,302
| +9% | +$1.12M |
|
|
MOMO
1672
Hello Group
MOMO
$861M
| $15M | ﹤0.01% |
421,120
+16,760
| +4% | +$557K |
|
1673
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $15M | ﹤0.01% |
536,211
+57,056
| +12% | +$1.57M |
|
1674
TFS Financial
TFSL
$4.83B
| $15M | ﹤0.01% |
829,925
-51,197
| -6% | -$873K |
|
1675
Editas Medicine
EDIT
$453M
| $15M | ﹤0.01% |
605,402
+61,804
| +11% | +$1.48M |
|
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.