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 | |
|---|---|---|---|---|---|---|
1801
Pinduoduo
PDD
$120B
| $12M | ﹤0.01% |
583,801
+143,319
| +33% | +$3.1M |
|
1802
Alamo Group
ALG
$1.99B
| $12M | ﹤0.01% |
119,773
+8,137
| +7% | +$812K |
|
1803
Wheaton Precious Metals
WPM
$59.9B
| $11.9M | ﹤0.01% |
490,167
+52,263
| +12% | +$1.16M |
|
|
EVOP
1804
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $11.9M | ﹤0.01% |
378,658
+87,758
| +30% | +$2.56M |
|
|
CISN
1805
DELISTED
Cision Ltd. Ordinary Share
CISN
| $11.9M | ﹤0.01% |
1,017,811
+168,672
| +20% | +$2M |
|
|
MCRN
1806
DELISTED
Milacron Holdings Corp.
MCRN
| $11.9M | ﹤0.01% |
864,802
+261
| +0% | +$3.49K |
|
1807
Codexis
CDXS
$175M
| $11.9M | ﹤0.01% |
646,380
+56,534
| +10% | +$1.09M |
|
1808
Wabash National
WNC
$509M
| $11.9M | ﹤0.01% |
732,204
+86,534
| +13% | +$1.27M |
|
|
CIR
1809
DELISTED
CIRCOR International, Inc
CIR
| $11.9M | ﹤0.01% |
258,610
+45,507
| +21% | +$1.76M |
|
|
KL
1810
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $11.9M | ﹤0.01% |
276,315
+196,722
| +247% | +$6.82M |
|
|
MODV
1811
DELISTED
ModivCare
MODV
| $11.9M | ﹤0.01% |
206,846
+8,455
| +4% | +$548K |
|
|
TRHC
1812
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $11.9M | ﹤0.01% |
237,476
+28,318
| +14% | +$1.41M |
|
1813
Goosehead Insurance
GSHD
$2.39B
| $11.8M | ﹤0.01% |
247,615
+105,958
| +75% | +$3.69M |
|
|
FBC
1814
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $11.8M | ﹤0.01% |
356,341
+23,479
| +7% | +$782K |
|
|
PGTI
1815
DELISTED
PGT, Inc.
PGTI
| $11.8M | ﹤0.01% |
705,791
+43,287
| +7% | +$659K |
|
|
NTUS
1816
DELISTED
Natus Medical Inc
NTUS
| $11.8M | ﹤0.01% |
459,111
+45,223
| +11% | +$1.15M |
|
1817
Dillards
DDS
$9.59B
| $11.8M | ﹤0.01% |
189,042
+3,258
| +2% | +$209K |
|
1818
DMC Global
BOOM
$153M
| $11.8M | ﹤0.01% |
185,776
+12,073
| +7% | +$801K |
|
1819
Pacific Biosciences
PACB
$357M
| $11.8M | ﹤0.01% |
1,945,166
+194,655
| +11% | +$1.36M |
|
|
LGF.B
1820
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $11.8M | ﹤0.01% |
1,013,554
+98,916
| +11% | +$1.34M |
|
1821
BJ's Restaurants
BJRI
$1.42B
| $11.8M | ﹤0.01% |
267,789
-147
| -0.1% | -$6.73K |
|
1822
Universal Insurance Holdings
UVE
$1.18B
| $11.8M | ﹤0.01% |
421,711
-29,748
| -7% | -$871K |
|
|
FIT
1823
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $11.7M | ﹤0.01% |
2,663,838
+71,319
| +3% | +$359K |
|
|
GLDD
1824
DELISTED
Great Lakes Dredge & Dock
GLDD
| $11.7M | ﹤0.01% |
1,060,943
+147,912
| +16% | +$1.53M |
|
|
BRSS
1825
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $11.7M | ﹤0.01% |
267,714
-60,651
| -18% | -$2.58M |
|
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.