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 | |
|---|---|---|---|---|---|---|
|
TPIC
2101
DELISTED
TPI Composites
TPIC
| $7.61M | ﹤0.01% |
307,915
+76,839
| +33% | +$1.97M |
|
|
WLH
2102
DELISTED
WILLIAM LYON HOMES
WLH
| $7.6M | ﹤0.01% |
417,071
+29,218
| +8% | +$527K |
|
2103
Methanex
MEOH
$4.19B
| $7.59M | ﹤0.01% |
167,369
+18,003
| +12% | +$903K |
|
2104
Banco Macro
BMA
$5.05B
| $7.58M | ﹤0.01% |
+104,765
| New | +$5.41M |
|
2105
GameStop
GME
$8.32B
| $7.58M | ﹤0.01% |
5,541,224
+880,600
| +19% | +$1.72M |
|
2106
Griffon
GFF
$4.79B
| $7.56M | ﹤0.01% |
446,761
+31,841
| +8% | +$545K |
|
|
TRUE
2107
DELISTED
TrueCar
TRUE
| $7.56M | ﹤0.01% |
1,384,267
+200,325
| +17% | +$1.23M |
|
|
PETQ
2108
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $7.55M | ﹤0.01% |
229,072
+29,511
| +15% | +$870K |
|
|
AD
2109
Array Digital Infrastructure
AD
$3.09B
| $7.53M | ﹤0.01% |
168,623
-53,880
| -24% | -$2.52M |
|
|
SNR
2110
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $7.53M | ﹤0.01% |
1,119,934
+29,376
| +3% | +$180K |
|
2111
Universal Electronics
UEIC
$69.3M
| $7.52M | ﹤0.01% |
183,256
+17,380
| +10% | +$696K |
|
|
RFP
2112
DELISTED
Resolute Forest Products Inc.
RFP
| $7.52M | ﹤0.01% |
1,044,170
+118,083
| +13% | +$830K |
|
|
REGI
2113
DELISTED
Renewable Energy Group, Inc.
REGI
| $7.51M | ﹤0.01% |
473,813
+23,795
| +5% | +$439K |
|
|
BFYT
2114
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $7.5M | ﹤0.01% |
289,482
+26,213
| +10% | +$659K |
|
2115
Amneal Pharmaceuticals
AMRX
$6.21B
| $7.5M | ﹤0.01% |
1,045,427
+91,847
| +10% | +$939K |
|
2116
Dime Commercial Bancshares
DCOM
$1.83B
| $7.49M | ﹤0.01% |
254,167
+18,215
| +8% | +$541K |
|
|
TEN
2117
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.49M | ﹤0.01% |
674,990
+3,429
| +0.5% | +$56K |
|
2118
Koppers
KOP
$874M
| $7.47M | ﹤0.01% |
254,354
+9,930
| +4% | +$277K |
|
2119
Schneider National
SNDR
$6.38B
| $7.45M | ﹤0.01% |
408,399
+74,254
| +22% | +$1.44M |
|
2120
Argan
AGX
$8.02B
| $7.41M | ﹤0.01% |
182,580
+1,347
| +0.7% | +$63.1K |
|
|
TSG
2121
DELISTED
The Stars Group Inc.
TSG
| $7.39M | ﹤0.01% |
434,809
+79,211
| +22% | +$1.41M |
|
2122
CryoPort
CYRX
$766M
| $7.38M | ﹤0.01% |
403,031
+34,531
| +9% | +$548K |
|
2123
OneSpaWorld
OSW
$2.73B
| $7.38M | ﹤0.01% |
+476,116
| New | +$6.56M |
|
2124
Arbor Realty Trust
ABR
$979M
| $7.37M | ﹤0.01% |
608,048
-214,804
| -26% | -$2.79M |
|
2125
BP
BP
$110B
| $7.35M | ﹤0.01% |
179,196
+81,925
| +84% | +$3.44M |
|
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.