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 | |
|---|---|---|---|---|---|---|
|
SP
1901
DELISTED
SP Plus Corporation
SP
| $10.5M | ﹤0.01% |
329,108
+9,634
| +3% | +$318K |
|
|
SEMG
1902
DELISTED
SEMGROUP CORPORATION
SEMG
| $10.5M | ﹤0.01% |
875,489
+84,999
| +11% | +$1.13M |
|
|
MNK
1903
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $10.5M | ﹤0.01% |
1,142,641
+78,003
| +7% | +$1.13M |
|
1904
Malibu Boats
MBUU
$573M
| $10.5M | ﹤0.01% |
269,931
+16,776
| +7% | +$666K |
|
1905
Caleres
CAL
$461M
| $10.4M | ﹤0.01% |
524,047
+28,405
| +6% | +$657K |
|
1906
Andersons Inc
ANDE
$2.21B
| $10.4M | ﹤0.01% |
382,919
+40,770
| +12% | +$1.22M |
|
1907
NETGEAR
NTGR
$647M
| $10.4M | ﹤0.01% |
412,338
-41,365
| -9% | -$1.2M |
|
|
THR
1908
DELISTED
Thermon Group Holdings
THR
| $10.4M | ﹤0.01% |
406,448
+31,830
| +8% | +$794K |
|
1909
PJT Partners
PJT
$4.57B
| $10.4M | ﹤0.01% |
257,136
+28,405
| +12% | +$1.16M |
|
|
WIFI
1910
DELISTED
Boingo Wireless, Inc.
WIFI
| $10.4M | ﹤0.01% |
578,820
+53,441
| +10% | +$1.15M |
|
|
TELL
1911
DELISTED
Tellurian Inc.
TELL
| $10.4M | ﹤0.01% |
1,324,650
+111,414
| +9% | +$990K |
|
1912
Virtus Investment Partners
VRTS
$1.14B
| $10.4M | ﹤0.01% |
96,705
+11,469
| +13% | +$1.28M |
|
1913
Liberty Latin America Class A
LILA
$1.67B
| $10.4M | ﹤0.01% |
941,181
+163,897
| +21% | +$2.01M |
|
1914
Acco Brands
ACCO
$399M
| $10.4M | ﹤0.01% |
1,317,289
-62,041
| -4% | -$508K |
|
|
TRST
1915
Trustco Bank Corp NY
TRST
$971M
| $10.4M | ﹤0.01% |
261,634
+15,474
| +6% | +$601K |
|
1916
HealthStream
HSTM
$849M
| $10.3M | ﹤0.01% |
399,840
+27,230
| +7% | +$715K |
|
1917
MBIA
MBI
$262M
| $10.3M | ﹤0.01% |
1,107,172
+68,997
| +7% | +$644K |
|
|
CLVS
1918
DELISTED
Clovis Oncology, Inc.
CLVS
| $10.3M | ﹤0.01% |
693,100
+74,089
| +12% | +$1.34M |
|
1919
WisdomTree
WT
$3.44B
| $10.3M | ﹤0.01% |
1,666,886
+168,737
| +11% | +$1.15M |
|
|
NVEE
1920
DELISTED
NV5 Global
NVEE
| $10.3M | ﹤0.01% |
504,424
+46,660
| +10% | +$833K |
|
|
HOUS
1921
DELISTED
Anywhere Real Estate
HOUS
| $10.3M | ﹤0.01% |
1,416,566
+200,711
| +17% | +$1.87M |
|
1922
Vanda Pharmaceuticals
VNDA
$304M
| $10.3M | ﹤0.01% |
727,885
+88,791
| +14% | +$1.41M |
|
1923
GoPro
GPRO
$117M
| $10.2M | ﹤0.01% |
1,872,952
+509,969
| +37% | +$3.24M |
|
1924
Federal Agricultural Mortgage
AGM
$2.51B
| $10.2M | ﹤0.01% |
140,731
+4,650
| +3% | +$342K |
|
1925
Amphastar Pharmaceuticals
AMPH
$858M
| $10.2M | ﹤0.01% |
484,212
+39,634
| +9% | +$829K |
|
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.