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 | |
|---|---|---|---|---|---|---|
2176
Angi Inc
ANGI
$178M
| $6.75M | ﹤0.01% |
51,892
+1,803
| +4% | +$278K |
|
2177
Zumiez
ZUMZ
$318M
| $6.75M | ﹤0.01% |
258,554
+16,672
| +7% | +$405K |
|
2178
Mercer International
MERC
$33.5M
| $6.74M | ﹤0.01% |
435,937
-1,234
| -0.3% | -$18.6K |
|
|
PEI
2179
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $6.74M | ﹤0.01% |
69,141
+2,614
| +4% | +$254K |
|
2180
CytomX Therapeutics
CTMX
$730M
| $6.72M | ﹤0.01% |
598,991
+2,177
| +0.4% | +$22.8K |
|
|
AVID
2181
DELISTED
Avid Technology Inc
AVID
| $6.72M | ﹤0.01% |
736,962
+270,404
| +58% | +$2.21M |
|
2182
Plug Power
PLUG
$3.23B
| $6.72M | ﹤0.01% |
2,986,041
+283,230
| +10% | +$703K |
|
|
DHIL
2183
DELISTED
Diamond Hill
DHIL
| $6.7M | ﹤0.01% |
47,301
+2,191
| +5% | +$313K |
|
2184
Smith & Wesson
SWBI
$638M
| $6.7M | ﹤0.01% |
967,833
+68,370
| +8% | +$484K |
|
|
HONE
2185
DELISTED
HarborOne Bancorp
HONE
| $6.7M | ﹤0.01% |
641,743
+90,427
| +16% | +$915K |
|
2186
V2X
VVX
$2.52B
| $6.67M | ﹤0.01% |
164,601
+21,549
| +15% | +$791K |
|
|
QTS.PRB
2187
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
| – | – |
0
| – | – |
|
2188
Axcelis
ACLS
$4.49B
| $6.66M | ﹤0.01% |
442,809
+47,017
| +12% | +$840K |
|
|
AKRX
2189
DELISTED
Akorn Inc
AKRX
| $6.66M | ﹤0.01% |
1,293,930
+126,511
| +11% | +$487K |
|
|
JAG
2190
DELISTED
Jagged Peak Energy Inc.
JAG
| $6.66M | ﹤0.01% |
805,798
+69,470
| +9% | +$674K |
|
2191
Rocket Pharmaceuticals
RCKT
$368M
| $6.66M | ﹤0.01% |
443,814
+112,660
| +34% | +$1.97M |
|
2192
International Seaways
INSW
$4.7B
| $6.65M | ﹤0.01% |
350,256
+35,552
| +11% | +$658K |
|
|
ZIXI
2193
DELISTED
Zix Corporation
ZIXI
| $6.65M | ﹤0.01% |
731,954
-50,590
| -6% | -$440K |
|
2194
Ennis
EBF
$556M
| $6.64M | ﹤0.01% |
323,604
+17,755
| +6% | +$351K |
|
2195
Levi Strauss
LEVI
$8.59B
| $6.64M | ﹤0.01% |
+317,948
| New | +$7M |
|
2196
Lindblad Expeditions
LIND
$2.26B
| $6.62M | ﹤0.01% |
369,076
+25,508
| +7% | +$419K |
|
2197
Icon
ICLR
$12.8B
| $6.59M | ﹤0.01% |
42,791
-299
| -0.7% | -$41.9K |
|
2198
The Bancorp
TBBK
$2.83B
| $6.58M | ﹤0.01% |
737,279
+26,978
| +4% | +$248K |
|
|
ABTX
2199
DELISTED
Allegiance Bancshares
ABTX
| $6.57M | ﹤0.01% |
197,109
+35,803
| +22% | +$1.24M |
|
2200
Alpha Metallurgical Resources
AMR
$1.99B
| $6.56M | ﹤0.01% |
126,430
+65,904
| +109% | +$3.66M |
|
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.