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 | |
|---|---|---|---|---|---|---|
1826
Alaunos Therapeutics
TCRT
$4.86M
| $11.7M | ﹤0.01% |
13,368
+1,656
| +14% | +$1.14M |
|
1827
Unitil
UTL
$992M
| $11.7M | ﹤0.01% |
195,134
-19,185
| -9% | -$1.09M |
|
|
GTHX
1828
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $11.7M | ﹤0.01% |
380,600
+68,370
| +22% | +$1.44M |
|
1829
Pathward Financial
CASH
$1.79B
| $11.7M | ﹤0.01% |
415,442
+68,126
| +20% | +$1.73M |
|
1830
Vodafone
VOD
$37.5B
| $11.6M | ﹤0.01% |
713,402
+191,794
| +37% | +$3.3M |
|
|
HSII
1831
DELISTED
Heidrick & Struggles
HSII
| $11.6M | ﹤0.01% |
388,337
+18,229
| +5% | +$640K |
|
|
SLCA
1832
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $11.6M | ﹤0.01% |
907,208
+17,592
| +2% | +$240K |
|
1833
Autohome
ATHM
$2.6B
| $11.6M | ﹤0.01% |
136,335
+8,727
| +7% | +$870K |
|
|
MGY.WS
1834
DELISTED
Magnolia Oil & Gas Corporation
MGY.WS
| $11.6M | ﹤0.01% |
3,462,061
+1,485,461
| +75% | +$5.3M |
|
|
LMNX
1835
DELISTED
Luminex Corp
LMNX
| $11.5M | ﹤0.01% |
558,045
+11,774
| +2% | +$259K |
|
1836
Standard Motor Products
SMP
$870M
| $11.5M | ﹤0.01% |
253,872
+15,465
| +6% | +$740K |
|
|
RTEC
1837
DELISTED
Rudolph Technologies Inc
RTEC
| $11.5M | ﹤0.01% |
416,437
-10,045
| -2% | -$245K |
|
|
BAND
1838
Bandwidth Inc
BAND
$1.74B
| $11.5M | ﹤0.01% |
153,081
+75,113
| +96% | +$5.48M |
|
1839
MGP Ingredients
MGPI
$389M
| $11.5M | ﹤0.01% |
173,149
+10,001
| +6% | +$704K |
|
1840
Madrigal Pharmaceuticals
MDGL
$11.7B
| $11.5M | ﹤0.01% |
109,468
+9,895
| +10% | +$1.06M |
|
|
WPG
1841
DELISTED
Washington Prime Group Inc.
WPG
| $11.5M | ﹤0.01% |
333,332
+24,895
| +8% | +$1.02M |
|
1842
Cimpress
CMPR
$2.37B
| $11.4M | ﹤0.01% |
125,851
+16,720
| +15% | +$1.5M |
|
1843
Acushnet Holdings
GOLF
$5.25B
| $11.4M | ﹤0.01% |
435,521
+27,525
| +7% | +$683K |
|
|
AQUA
1844
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $11.4M | ﹤0.01% |
802,914
+22,294
| +3% | +$290K |
|
1845
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| – | – |
0
| – | – |
|
|
AIMT
1846
DELISTED
Aimmune Therapeutics
AIMT
| $11.4M | ﹤0.01% |
546,547
+52,537
| +11% | +$1.08M |
|
1847
Standex International
SXI
$3.97B
| $11.4M | ﹤0.01% |
155,489
+6,304
| +4% | +$445K |
|
1848
1st Source
SRCE
$2.13B
| $11.4M | ﹤0.01% |
244,644
+12,321
| +5% | +$565K |
|
1849
StoneX
SNEX
$8.05B
| $11.3M | ﹤0.01% |
1,448,483
+1,246
| +0.1% | +$9.3K |
|
|
CARB
1850
DELISTED
Carbonite Inc
CARB
| $11.3M | ﹤0.01% |
434,981
+28,365
| +7% | +$693K |
|
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.