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 | |
|---|---|---|---|---|---|---|
2201
NovaGold Resources
NG
$3.4B
| $6.56M | ﹤0.01% |
+1,113,932
| New | +$4.76M |
|
|
GTS
2202
DELISTED
Triple-S Management Corporation
GTS
| $6.54M | ﹤0.01% |
288,277
-69,233
| -19% | -$1.57M |
|
2203
LeMaitre Vascular
LMAT
$1.88B
| $6.54M | ﹤0.01% |
233,665
+14,184
| +6% | +$394K |
|
|
BRY
2204
DELISTED
Berry Corp
BRY
| $6.54M | ﹤0.01% |
616,574
+77,982
| +14% | +$884K |
|
2205
GDS Holdings
GDS
$6.96B
| $6.53M | ﹤0.01% |
174,685
+17,020
| +11% | +$620K |
|
|
ALTA
2206
DELISTED
Altabancorp
ALTA
| $6.53M | ﹤0.01% |
222,128
+34,927
| +19% | +$1M |
|
|
OPB
2207
DELISTED
Opus Bank Common Stock
OPB
| $6.52M | ﹤0.01% |
308,812
+30,524
| +11% | +$643K |
|
2208
PC Connection
CNXN
$2.04B
| $6.49M | ﹤0.01% |
185,579
+9,107
| +5% | +$319K |
|
|
AGS
2209
DELISTED
PlayAGS
AGS
| $6.47M | ﹤0.01% |
332,591
+54,228
| +19% | +$1.17M |
|
|
VSTO
2210
DELISTED
Vista Outdoor Inc.
VSTO
| $6.46M | ﹤0.01% |
726,953
+49,747
| +7% | +$426K |
|
2211
Financial Institutions
FISI
$827M
| $6.45M | ﹤0.01% |
221,248
+16,429
| +8% | +$458K |
|
2212
Calix
CALX
$2.53B
| $6.42M | ﹤0.01% |
979,316
-60,492
| -6% | -$408K |
|
2213
National Presto Industries
NPK
$992M
| $6.42M | ﹤0.01% |
68,813
+2,764
| +4% | +$281K |
|
2214
Ezcorp Inc
EZPW
$1.8B
| $6.41M | ﹤0.01% |
677,247
+39,972
| +6% | +$389K |
|
|
ATRS
2215
DELISTED
Antares Pharma, Inc.
ATRS
| $6.41M | ﹤0.01% |
1,948,338
+212,932
| +12% | +$616K |
|
2216
Talos Energy
TALO
$2.57B
| $6.37M | ﹤0.01% |
264,925
+17,974
| +7% | +$470K |
|
|
COWN
2217
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $6.37M | ﹤0.01% |
370,647
+27,813
| +8% | +$449K |
|
|
FLIC
2218
DELISTED
First of Long Island Corp
FLIC
| $6.33M | ﹤0.01% |
315,252
+15,356
| +5% | +$339K |
|
2219
TechTarget
TTGT
$268M
| $6.33M | ﹤0.01% |
297,901
+5,036
| +2% | +$94.1K |
|
|
AXNX
2220
DELISTED
Axonics, Inc. Common Stock
AXNX
| $6.33M | ﹤0.01% |
154,396
+56,776
| +58% | +$1.6M |
|
2221
Harmonic Inc
HLIT
$1.42B
| $6.32M | ﹤0.01% |
1,138,978
+69,355
| +6% | +$385K |
|
2222
York Water
YORW
$531M
| $6.31M | ﹤0.01% |
176,780
+18,045
| +11% | +$619K |
|
|
CBAY
2223
DELISTED
Cymabay Therapeutics
CBAY
| $6.3M | ﹤0.01% |
880,713
+104,633
| +13% | +$1.18M |
|
2224
First Financial Corp
THFF
$974M
| $6.29M | ﹤0.01% |
156,748
+10,780
| +7% | +$434K |
|
|
CTT
2225
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $6.29M | ﹤0.01% |
601,837
+38,442
| +7% | +$382K |
|
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.