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 | |
|---|---|---|---|---|---|---|
|
GPMT
1776
Granite Point Mortgage Trust
GPMT
$59.8M
| $12.4M | ﹤0.01% |
647,081
+84,157
| +15% | +$1.6M |
|
1777
Kadant
KAI
$3.91B
| $12.4M | ﹤0.01% |
136,604
+8,713
| +7% | +$783K |
|
1778
M/I Homes
MHO
$3.82B
| $12.4M | ﹤0.01% |
434,678
+100,831
| +30% | +$2.84M |
|
1779
Boot Barn
BOOT
$4.92B
| $12.4M | ﹤0.01% |
347,858
+26,710
| +8% | +$805K |
|
1780
ePlus
PLUS
$2.3B
| $12.4M | ﹤0.01% |
359,570
+19,038
| +6% | +$791K |
|
1781
Signet Jewelers
SIG
$3.6B
| $12.3M | ﹤0.01% |
690,537
-51,174
| -7% | -$1.1M |
|
1782
Scholastic
SCHL
$785M
| $12.3M | ﹤0.01% |
370,671
+23,916
| +7% | +$892K |
|
1783
Essential Properties Realty Trust
EPRT
$6.58B
| $12.3M | ﹤0.01% |
611,296
+143,771
| +31% | +$2.93M |
|
1784
Kulicke & Soffa
KLIC
$4.94B
| $12.2M | ﹤0.01% |
543,012
-7,111
| -1% | -$156K |
|
1785
Great Southern Bancorp
GSBC
$875M
| $12.2M | ﹤0.01% |
203,943
+9,351
| +5% | +$532K |
|
1786
Sturm, Ruger & Co
RGR
$599M
| $12.2M | ﹤0.01% |
223,916
+4,975
| +2% | +$264K |
|
1787
AngioDynamics
ANGO
$644M
| $12.2M | ﹤0.01% |
619,333
-68,540
| -10% | -$1.4M |
|
|
HEES
1788
DELISTED
H&E Equipment Services
HEES
| $12.2M | ﹤0.01% |
418,710
+27,256
| +7% | +$758K |
|
|
SPPI
1789
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $12.2M | ﹤0.01% |
1,413,573
+136,312
| +11% | +$1.22M |
|
|
WW
1790
DELISTED
WW International
WW
| $12.2M | ﹤0.01% |
636,166
+113,701
| +22% | +$2.25M |
|
1791
Heartland Express
HTLD
$950M
| $12.1M | ﹤0.01% |
670,828
+34,814
| +5% | +$665K |
|
1792
Columbus McKinnon
CMCO
$554M
| $12.1M | ﹤0.01% |
288,619
+19,443
| +7% | +$740K |
|
1793
The Greenbrier Companies
GBX
$1.41B
| $12.1M | ﹤0.01% |
397,601
+19,481
| +5% | +$618K |
|
1794
Interface
TILE
$2.19B
| $12.1M | ﹤0.01% |
788,400
+49,523
| +7% | +$780K |
|
|
RDUS
1795
DELISTED
Radius Recycling
RDUS
| $12.1M | ﹤0.01% |
460,845
+118,737
| +35% | +$2.83M |
|
1796
Benchmark Electronics
BHE
$2.98B
| $12M | ﹤0.01% |
478,638
-115,488
| -19% | -$2.97M |
|
|
VCRA
1797
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $12M | ﹤0.01% |
376,680
+28,913
| +8% | +$922K |
|
|
EPZM
1798
DELISTED
Epizyme, Inc
EPZM
| $12M | ﹤0.01% |
957,672
+137,717
| +17% | +$1.77M |
|
|
FARO
1799
DELISTED
Faro Technologies
FARO
| $12M | ﹤0.01% |
228,463
+17,636
| +8% | +$892K |
|
1800
Atara Biotherapeutics
ATRA
$80.9M
| $12M | ﹤0.01% |
23,879
+2,043
| +9% | +$1.44M |
|
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.