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 | |
|---|---|---|---|---|---|---|
|
ISCA
1701
DELISTED
International Speedway Corp
ISCA
| $14.2M | ﹤0.01% |
315,388
+11,903
| +4% | +$526K |
|
1702
Parsons
PSN
$5.05B
| $14.1M | ﹤0.01% |
+383,316
| New | +$12.6M |
|
|
BIG
1703
DELISTED
Big Lots, Inc.
BIG
| $14.1M | ﹤0.01% |
492,758
+40,249
| +9% | +$1.34M |
|
|
NP
1704
DELISTED
Neenah, Inc. Common Stock
NP
| $14.1M | ﹤0.01% |
208,581
+15,059
| +8% | +$951K |
|
1705
Southside Bancshares
SBSI
$974M
| $14.1M | ﹤0.01% |
434,302
+26,573
| +7% | +$900K |
|
|
BPFH
1706
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $13.9M | ﹤0.01% |
1,151,579
+95,858
| +9% | +$1.08M |
|
|
MTSC
1707
DELISTED
MTS Systems Corp
MTSC
| $13.9M | ﹤0.01% |
237,319
+14,210
| +6% | +$791K |
|
|
INOV
1708
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $13.9M | ﹤0.01% |
957,237
+60,524
| +7% | +$820K |
|
1709
Appian
APPN
$2.44B
| $13.9M | ﹤0.01% |
385,048
+153,721
| +66% | +$5.26M |
|
|
ANAT
1710
DELISTED
American National Group, Inc. Common Stock
ANAT
| $13.9M | ﹤0.01% |
119,198
-1,777
| -1% | -$206K |
|
|
CATM
1711
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $13.9M | ﹤0.01% |
507,841
+35,663
| +8% | +$1.16M |
|
1712
TriCo Bancshares
TCBK
$1.84B
| $13.9M | ﹤0.01% |
366,894
+26,791
| +8% | +$1.05M |
|
1713
Tompkins Financial
TMP
$1.45B
| $13.9M | ﹤0.01% |
169,876
+12,147
| +8% | +$963K |
|
|
CSW
1714
CSW Industrials
CSW
$5.64B
| $13.9M | ﹤0.01% |
203,324
+12,260
| +6% | +$767K |
|
1715
Enova International
ENVA
$6.44B
| $13.8M | ﹤0.01% |
600,131
-9,123
| -1% | -$219K |
|
1716
Tennant Co
TNC
$1.16B
| $13.8M | ﹤0.01% |
225,124
+13,798
| +7% | +$860K |
|
1717
Virtu Financial
VIRT
$5.01B
| $13.8M | ﹤0.01% |
632,202
+35,589
| +6% | +$836K |
|
|
CRC
1718
DELISTED
California Resources Corporation
CRC
| $13.8M | ﹤0.01% |
699,027
+156,999
| +29% | +$3.34M |
|
|
DLPH
1719
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $13.7M | ﹤0.01% |
687,129
-288
| -0% | -$5.9K |
|
|
AYR
1720
DELISTED
Aircastle Ltd
AYR
| $13.7M | ﹤0.01% |
646,046
+33,625
| +5% | +$678K |
|
1721
Papa John's
PZZA
$801M
| $13.6M | ﹤0.01% |
304,944
-1,780
| -0.6% | -$87.8K |
|
1722
Middlesex Water
MSEX
$1.1B
| $13.6M | ﹤0.01% |
230,159
+11,792
| +5% | +$685K |
|
|
KBAL
1723
DELISTED
Kimball International
KBAL
| $13.6M | ﹤0.01% |
780,946
+22,240
| +3% | +$352K |
|
|
GTY
1724
Getty Realty Corp
GTY
$2.01B
| $13.6M | ﹤0.01% |
441,146
+24,964
| +6% | +$796K |
|
1725
Herc Holdings
HRI
$5.61B
| $13.6M | ﹤0.01% |
295,717
+20,747
| +8% | +$864K |
|
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.