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 | |
|---|---|---|---|---|---|---|
2276
Hackett Group
HCKT
$278M
| $5.73M | ﹤0.01% |
341,431
+20,089
| +6% | +$324K |
|
|
VTLE
2277
DELISTED
Vital Energy
VTLE
| $5.73M | ﹤0.01% |
98,829
+12,842
| +15% | +$777K |
|
|
OLP
2278
One Liberty Properties
OLP
$523M
| $5.73M | ﹤0.01% |
197,761
+15,044
| +8% | +$434K |
|
|
ACBI
2279
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $5.72M | ﹤0.01% |
334,186
+10,241
| +3% | +$179K |
|
2280
Green Plains
GPRE
$1.06B
| $5.72M | ﹤0.01% |
530,355
+43,194
| +9% | +$642K |
|
|
QADA
2281
DELISTED
QAD Inc.
QADA
| $5.71M | ﹤0.01% |
142,049
+8,992
| +7% | +$401K |
|
2282
Northern Oil and Gas
NOG
$2.57B
| $5.7M | ﹤0.01% |
295,499
+55,306
| +23% | +$1.28M |
|
|
CAMP
2283
DELISTED
CalAmp Corp.
CAMP
| $5.67M | ﹤0.01% |
21,127
+1,691
| +9% | +$476K |
|
|
PRMW
2284
DELISTED
Primo Water Corporation
PRMW
| $5.67M | ﹤0.01% |
460,901
+27,983
| +6% | +$376K |
|
2285
Quanterix
QTRX
$139M
| $5.64M | ﹤0.01% |
166,866
+40,984
| +33% | +$1.06M |
|
2286
BioCryst Pharmaceuticals
BCRX
$2.71B
| $5.63M | ﹤0.01% |
1,486,599
+162,090
| +12% | +$975K |
|
|
CTLP
2287
DELISTED
Cantaloupe
CTLP
| $5.63M | ﹤0.01% |
758,343
+69,376
| +10% | +$430K |
|
2288
Sonos
SONO
$1.86B
| $5.63M | ﹤0.01% |
496,900
+270,206
| +119% | +$2.97M |
|
|
BZUN
2289
Baozun
BZUN
$164M
| $5.59M | ﹤0.01% |
112,767
+6,467
| +6% | +$279K |
|
2290
FRP Holdings
FRPH
$425M
| $5.58M | ﹤0.01% |
200,172
+26,848
| +15% | +$662K |
|
|
SPTN
2291
DELISTED
SpartanNash
SPTN
| $5.58M | ﹤0.01% |
477,788
+39,313
| +9% | +$561K |
|
2292
Hawkins
HWKN
$2.7B
| $5.57M | ﹤0.01% |
256,846
+21,836
| +9% | +$418K |
|
|
CBIO
2293
Crescent Biopharma
CBIO
$610M
| $5.57M | ﹤0.01% |
4,673
+222
| +5% | +$265K |
|
2294
Titan Machinery
TITN
$431M
| $5.55M | ﹤0.01% |
269,704
+43,308
| +19% | +$727K |
|
|
PEO
2295
Adams Natural Resources Fund
PEO
$776M
| $5.54M | ﹤0.01% |
348,447
+5,196
| +2% | +$82.2K |
|
|
ANH
2296
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.53M | ﹤0.01% |
1,458,191
+144,526
| +11% | +$581K |
|
2297
Tredegar Corp
TG
$281M
| $5.53M | ﹤0.01% |
332,452
+12,416
| +4% | +$210K |
|
2298
National CineMedia
NCMI
$209M
| $5.52M | ﹤0.01% |
84,142
-449
| -0.5% | -$31.6K |
|
2299
Haverty Furniture Companies
HVT
$441M
| $5.5M | ﹤0.01% |
323,115
-4,851
| -1% | -$95.6K |
|
2300
REX American Resources
REX
$1.44B
| $5.5M | ﹤0.01% |
452,760
+53,862
| +14% | +$705K |
|
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.