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 | |
|---|---|---|---|---|---|---|
2251
Rigel Pharmaceuticals
RIGL
$768M
| $6.03M | ﹤0.01% |
231,216
+28,173
| +14% | +$636K |
|
2252
Ducommun
DCO
$3.04B
| $6.03M | ﹤0.01% |
133,815
+9,867
| +8% | +$443K |
|
2253
Regis Corp
RGS
$69.8M
| $6.02M | ﹤0.01% |
18,127
+23
| +0.1% | +$8.71K |
|
|
SHOE
2254
Shoe Station Group
SHOE
$421M
| $6.01M | ﹤0.01% |
435,818
-78,362
| -15% | -$1.22M |
|
2255
BrightView Holdings
BV
$1.08B
| $6.01M | ﹤0.01% |
321,389
+30,920
| +11% | +$517K |
|
|
LORL
2256
DELISTED
Loral Space and Communications, Inc.
LORL
| $6.01M | ﹤0.01% |
174,236
+9,437
| +6% | +$342K |
|
2257
Expro Ltd
XPRO
$2.05B
| $6.01M | ﹤0.01% |
183,430
+20,757
| +13% | +$750K |
|
|
RC
2258
Ready Capital
RC
$289M
| $6M | ﹤0.01% |
402,533
-33,910
| -8% | -$502K |
|
|
EFC
2259
Ellington Financial
EFC
$1.76B
| $5.99M | ﹤0.01% |
333,608
+318,831
| +2,158% | +$5.75M |
|
|
JOBS
2260
DELISTED
51job Inc
JOBS
| $5.94M | ﹤0.01% |
79,065
+3,354
| +4% | +$268K |
|
2261
Arrow Financial
AROW
$737M
| $5.93M | ﹤0.01% |
198,087
+37,014
| +23% | +$1.07M |
|
2262
OneSpan
OSPN
$612M
| $5.93M | ﹤0.01% |
418,246
+28,714
| +7% | +$457K |
|
|
BSTC
2263
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $5.91M | ﹤0.01% |
99,052
+16,946
| +21% | +$1.07M |
|
|
CIO
2264
DELISTED
City Office REIT
CIO
| $5.91M | ﹤0.01% |
492,624
+55,894
| +13% | +$658K |
|
|
DERM
2265
DELISTED
Dermira, Inc.
DERM
| $5.84M | ﹤0.01% |
611,462
+156,690
| +34% | +$1.69M |
|
|
BPY
2266
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $5.82M | ﹤0.01% |
308,225
+100,556
| +48% | +$2.01M |
|
2267
Team
TISI
$101M
| $5.82M | ﹤0.01% |
37,973
+2,180
| +6% | +$352K |
|
|
SEI
2268
Solaris Energy Infrastructure
SEI
$4.06B
| $5.81M | ﹤0.01% |
387,811
+68,011
| +21% | +$1.13M |
|
2269
Vishay Precision Group
VPG
$963M
| $5.81M | ﹤0.01% |
142,937
+11,253
| +9% | +$426K |
|
|
NRCG.WS
2270
DELISTED
NRC Group Holdings Corp.
NRCG.WS
| $5.78M | ﹤0.01% |
3,500,000
+1,186,600
| +51% | +$1.1M |
|
|
AKCA
2271
DELISTED
Akcea Therapeutics Inc
AKCA
| $5.78M | ﹤0.01% |
246,320
+5,523
| +2% | +$136K |
|
2272
United Natural Foods
UNFI
$2.94B
| $5.77M | ﹤0.01% |
643,259
-86,815
| -12% | -$998K |
|
|
TACO
2273
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $5.75M | ﹤0.01% |
448,566
+17,349
| +4% | +$190K |
|
|
CETV
2274
DELISTED
Central European Media Enterprises Ltd
CETV
| $5.74M | ﹤0.01% |
1,317,213
+68,213
| +5% | +$270K |
|
|
NE
2275
DELISTED
Noble Corporation
NE
| $5.74M | ﹤0.01% |
3,070,532
+199,103
| +7% | +$468K |
|
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.