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 | |
|---|---|---|---|---|---|---|
|
ATNX
1676
DELISTED
Athenex, Inc. Common Stock
ATNX
| $14.9M | ﹤0.01% |
37,643
+10,868
| +41% | +$3.01M |
|
1677
AZZ Inc
AZZ
$4.6B
| $14.8M | ﹤0.01% |
322,634
+25,992
| +9% | +$1.16M |
|
|
PRFT
1678
DELISTED
Perficient Inc
PRFT
| $14.8M | ﹤0.01% |
431,702
+27,203
| +7% | +$833K |
|
|
SRCI
1679
DELISTED
SRC Energy Inc
SRCI
| $14.8M | ﹤0.01% |
2,980,493
+228,826
| +8% | +$1.25M |
|
|
CLDR
1680
DELISTED
Cloudera, Inc.
CLDR
| $14.8M | ﹤0.01% |
2,806,702
+394,563
| +16% | +$3.64M |
|
|
VNE
1681
DELISTED
Veoneer, Inc.
VNE
| $14.7M | ﹤0.01% |
849,366
+190,226
| +29% | +$3.99M |
|
1682
Patrick Industries
PATK
$2.81B
| $14.7M | ﹤0.01% |
448,067
+22,616
| +5% | +$708K |
|
1683
Boise Cascade
BCC
$2.98B
| $14.7M | ﹤0.01% |
521,881
+30,017
| +6% | +$779K |
|
1684
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
|
APLS
1685
DELISTED
Apellis Pharmaceuticals
APLS
| $14.6M | ﹤0.01% |
577,997
+90,565
| +19% | +$1.84M |
|
1686
Lantheus
LNTH
$6.57B
| $14.6M | ﹤0.01% |
517,401
+42,024
| +9% | +$1.07M |
|
1687
AtriCure
ATRC
$2.18B
| $14.6M | ﹤0.01% |
488,836
+57,446
| +13% | +$1.68M |
|
|
NSTG
1688
DELISTED
NanoString Technologies, Inc.
NSTG
| $14.6M | ﹤0.01% |
480,143
+90,150
| +23% | +$2.39M |
|
1689
Matthews International
MATW
$733M
| $14.5M | ﹤0.01% |
414,827
+22,549
| +6% | +$825K |
|
|
AAWW
1690
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $14.4M | ﹤0.01% |
323,670
+25,633
| +9% | +$1.12M |
|
1691
First Bancorp
FBNC
$2.7B
| $14.4M | ﹤0.01% |
396,240
+23,828
| +6% | +$872K |
|
|
RDUS
1692
DELISTED
Radius Health, Inc.
RDUS
| $14.4M | ﹤0.01% |
592,466
+85,437
| +17% | +$1.87M |
|
1693
Tradeweb Markets
TW
$22B
| $14.4M | ﹤0.01% |
+328,525
| New | +$13.7M |
|
|
TGI
1694
DELISTED
Triumph Group
TGI
| $14.3M | ﹤0.01% |
624,260
+58,513
| +10% | +$1.26M |
|
|
WCN
1695
Waste Connections
WCN
$42B
| $14.3M | ﹤0.01% |
148,309
+82,668
| +126% | +$7.62M |
|
|
CLDT
1696
Chatham Lodging
CLDT
$580M
| $14.3M | ﹤0.01% |
756,826
+51,924
| +7% | +$1.02M |
|
1697
Winnebago Industries
WGO
$927M
| $14.3M | ﹤0.01% |
369,368
+27,951
| +8% | +$983K |
|
1698
United Fire Group
UFCS
$1.39B
| $14.3M | ﹤0.01% |
294,090
+24,570
| +9% | +$1.12M |
|
1699
Huazhu Hotels Group
HTHT
$12.8B
| $14.2M | ﹤0.01% |
394,476
+19,938
| +5% | +$746K |
|
1700
Adeia
ADEA
$3.06B
| $14.2M | ﹤0.01% |
2,601,831
+323,440
| +14% | +$1.94M |
|
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.