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 | |
|---|---|---|---|---|---|---|
|
WMC
2226
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $6.28M | ﹤0.01% |
62,954
+5,825
| +10% | +$592K |
|
2227
QCR Holdings
QCRH
$1.74B
| $6.28M | ﹤0.01% |
180,145
+18,296
| +11% | +$623K |
|
|
UCFC
2228
DELISTED
United Community Financial Corp
UCFC
| $6.27M | ﹤0.01% |
655,255
+75,537
| +13% | +$704K |
|
|
WSR
2229
DELISTED
Whitestone REIT
WSR
| $6.24M | ﹤0.01% |
491,959
+41,585
| +9% | +$521K |
|
2230
GSK
GSK
$101B
| $6.23M | ﹤0.01% |
124,615
-110,179
| -47% | -$5.53M |
|
2231
Q32 Bio
QTTB
$456M
| $6.23M | ﹤0.01% |
17,687
+8,333
| +89% | +$3.27M |
|
|
UNT
2232
DELISTED
UNIT Corporation
UNT
| $6.22M | ﹤0.01% |
699,400
+71,432
| +11% | +$829K |
|
2233
Nicolet Bankshares
NIC
$3.74B
| $6.2M | ﹤0.01% |
99,948
+11,573
| +13% | +$700K |
|
2234
Agilysys
AGYS
$3.08B
| $6.19M | ﹤0.01% |
288,348
+16,801
| +6% | +$349K |
|
2235
First Community Bankshares
FCBC
$934M
| $6.18M | ﹤0.01% |
183,200
+10,489
| +6% | +$354K |
|
2236
Viking Therapeutics
VKTX
$3.89B
| $6.14M | ﹤0.01% |
740,301
+66,981
| +10% | +$572K |
|
2237
Donnelley Financial Solutions
DFIN
$1.18B
| $6.14M | ﹤0.01% |
460,524
+29,232
| +7% | +$413K |
|
2238
Live Oak Bancshares
LOB
$2B
| $6.13M | ﹤0.01% |
357,619
-347
| -0.1% | -$5.7K |
|
|
INFN
2239
DELISTED
Infinera Corporation Common Stock
INFN
| $6.12M | ﹤0.01% |
2,102,852
+251,853
| +14% | +$947K |
|
2240
Future Fuel
FF
$254M
| $6.11M | ﹤0.01% |
523,063
+9,350
| +2% | +$116K |
|
|
PDLI
2241
DELISTED
PDL BioPharma, Inc.
PDLI
| $6.11M | ﹤0.01% |
1,946,492
-78,243
| -4% | -$254K |
|
|
PVTL
2242
DELISTED
Pivotal Software, Inc.
PVTL
| $6.11M | ﹤0.01% |
578,355
+263,267
| +84% | +$4.67M |
|
|
CORR
2243
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $6.1M | ﹤0.01% |
153,923
+13,644
| +10% | +$532K |
|
2244
Prothena Corp
PRTA
$481M
| $6.1M | ﹤0.01% |
577,215
+31,292
| +6% | +$321K |
|
2245
KLX Energy Services
KLXE
$34.7M
| $6.08M | ﹤0.01% |
59,574
+5,048
| +9% | +$613K |
|
2246
Scorpio Tankers
STNG
$3.92B
| $6.07M | ﹤0.01% |
205,489
+22,967
| +13% | +$581K |
|
2247
Orion
OEC
$363M
| $6.04M | ﹤0.01% |
+282,235
| New | +$5.58M |
|
2248
Unisys
UIS
$211M
| $6.04M | ﹤0.01% |
621,355
+40,066
| +7% | +$413K |
|
2249
AMC Entertainment Holdings
AMC
$2.35B
| $6.04M | ﹤0.01% |
64,723
+670
| +1% | +$89.3K |
|
2250
RPC Inc
RES
$1.38B
| $6.04M | ﹤0.01% |
837,174
+243,595
| +41% | +$2.31M |
|
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.