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 | |
|---|---|---|---|---|---|---|
2026
AdvanSix
ASIX
$443M
| $8.8M | ﹤0.01% |
360,420
+12,362
| +4% | +$347K |
|
|
GMS
2027
DELISTED
GMS Inc
GMS
| $8.8M | ﹤0.01% |
400,046
+8,916
| +2% | +$160K |
|
2028
Modine Manufacturing
MOD
$10.9B
| $8.8M | ﹤0.01% |
614,949
+47,163
| +8% | +$675K |
|
2029
Bally's
BALY
$663M
| $8.79M | ﹤0.01% |
295,414
+281,412
| +2,010% | +$8.77M |
|
2030
Matrix Service
MTRX
$330M
| $8.79M | ﹤0.01% |
433,716
+121
| +0% | +$2.39K |
|
|
UBA
2031
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $8.74M | ﹤0.01% |
416,166
+24,745
| +6% | +$536K |
|
|
EGRX
2032
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $8.73M | ﹤0.01% |
156,788
+5,479
| +4% | +$286K |
|
|
HNGR
2033
DELISTED
Hanger Inc.
HNGR
| $8.72M | ﹤0.01% |
455,402
+177,660
| +64% | +$3.44M |
|
2034
Kura Oncology
KURA
$923M
| $8.69M | ﹤0.01% |
441,330
+67,546
| +18% | +$1.12M |
|
2035
ATN International
ATNI
$493M
| $8.67M | ﹤0.01% |
150,262
+12,035
| +9% | +$722K |
|
|
STFC
2036
DELISTED
State Auto Financial Corp
STFC
| $8.67M | ﹤0.01% |
247,770
+15,631
| +7% | +$531K |
|
2037
Garrett Motion
GTX
$5.41B
| $8.66M | ﹤0.01% |
564,497
-29,564
| -5% | -$502K |
|
2038
Cushman & Wakefield Ltd
CWK
$3.31B
| $8.62M | ﹤0.01% |
482,347
+229,630
| +91% | +$4.19M |
|
2039
Sonic Automotive
SAH
$2.52B
| $8.58M | ﹤0.01% |
367,565
+73,082
| +25% | +$1.41M |
|
2040
Vipshop
VIPS
$6.75B
| $8.58M | ﹤0.01% |
999,846
+105,811
| +12% | +$853K |
|
|
GOOD
2041
Gladstone Commercial Corp
GOOD
$636M
| $8.56M | ﹤0.01% |
403,644
+16,706
| +4% | +$355K |
|
2042
National Beverage
FIZZ
$2.93B
| $8.55M | ﹤0.01% |
383,404
+23,478
| +7% | +$604K |
|
2043
Brown-Forman Class A
BF.A
$13B
| $8.53M | ﹤0.01% |
155,022
+18,044
| +13% | +$945K |
|
2044
QuinStreet
QNST
$1.19B
| $8.5M | ﹤0.01% |
536,497
+38,906
| +8% | +$581K |
|
|
NBIS
2045
Nebius Group N.V.
NBIS
$68.2B
| $8.5M | ﹤0.01% |
223,746
+5,909
| +3% | +$219K |
|
2046
Cytokinetics
CYTK
$10.3B
| $8.48M | ﹤0.01% |
754,133
+82,998
| +12% | +$800K |
|
2047
MYR Group
MYRG
$5.21B
| $8.47M | ﹤0.01% |
226,721
+21,628
| +11% | +$753K |
|
|
NPKI
2048
NPK International
NPKI
$1.19B
| $8.44M | ﹤0.01% |
1,137,842
+77,775
| +7% | +$601K |
|
|
CPLG
2049
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $8.42M | ﹤0.01% |
679,863
+78,351
| +13% | +$992K |
|
2050
Quanex
NX
$981M
| $8.41M | ﹤0.01% |
445,141
-10,502
| -2% | -$176K |
|
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.