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 | |
|---|---|---|---|---|---|---|
|
GAM
2326
General American Investors Company
GAM
$1.61B
| $5.27M | ﹤0.01% |
148,495
+4,490
| +3% | +$155K |
|
|
TBRG
2327
DELISTED
TruBridge
TBRG
| $5.27M | ﹤0.01% |
189,683
+29,663
| +19% | +$829K |
|
|
ACRE
2328
Ares Commercial Real Estate
ACRE
$261M
| $5.26M | ﹤0.01% |
354,101
+35,180
| +11% | +$531K |
|
2329
Funko
FNKO
$331M
| $5.25M | ﹤0.01% |
216,928
+85,410
| +65% | +$1.82M |
|
|
CAI
2330
DELISTED
CAI International, Inc.
CAI
| $5.25M | ﹤0.01% |
211,555
+12,077
| +6% | +$289K |
|
|
CHUY
2331
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $5.25M | ﹤0.01% |
228,911
+15,268
| +7% | +$329K |
|
|
REVG
2332
DELISTED
REV Group
REVG
| $5.23M | ﹤0.01% |
362,911
+13,567
| +4% | +$166K |
|
2333
Ryanair
RYAAY
$30.8B
| $5.22M | ﹤0.01% |
203,350
-107,550
| -35% | -$3.05M |
|
|
DX
2334
Dynex Capital
DX
$3.22B
| $5.18M | ﹤0.01% |
309,510
+51,023
| +20% | +$899K |
|
|
BKS
2335
DELISTED
Barnes & Noble
BKS
| $5.17M | ﹤0.01% |
773,415
+90,326
| +13% | +$493K |
|
2336
Equity Bancshares
EQBK
$1.06B
| $5.17M | ﹤0.01% |
193,767
+18,361
| +10% | +$490K |
|
2337
Red Robin
RRGB
$151M
| $5.16M | ﹤0.01% |
168,788
+14,931
| +10% | +$458K |
|
2338
Bloom Energy
BE
$69.9B
| $5.16M | ﹤0.01% |
420,180
+259,316
| +161% | +$3.18M |
|
|
HAYN
2339
DELISTED
Haynes International, Inc.
HAYN
| $5.15M | ﹤0.01% |
161,816
+14,243
| +10% | +$459K |
|
2340
Westwood Holdings Group
WHG
$183M
| $5.14M | ﹤0.01% |
146,005
+27,817
| +24% | +$892K |
|
2341
Clean Energy Fuels
CLNE
$384M
| $5.13M | ﹤0.01% |
1,922,966
+148,156
| +8% | +$431K |
|
|
COOP
2342
DELISTED
Mr. Cooper
COOP
| $5.13M | ﹤0.01% |
640,017
+65,116
| +11% | +$548K |
|
|
SWAV
2343
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $5.12M | ﹤0.01% |
+89,765
| New | +$4.36M |
|
2344
American Vanguard Corp
AVD
$64M
| $5.12M | ﹤0.01% |
332,433
+17,420
| +6% | +$266K |
|
2345
Vermilion Energy
VET
$1.73B
| $5.12M | ﹤0.01% |
226,839
+47,232
| +26% | +$1.1M |
|
|
MLNX
2346
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $5.1M | ﹤0.01% |
46,077
+3,929
| +9% | +$453K |
|
2347
Motorcar Parts of America
MPAA
$230M
| $5.09M | ﹤0.01% |
237,917
+15,358
| +7% | +$298K |
|
|
EIGI
2348
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $5.08M | ﹤0.01% |
1,058,954
+50,938
| +5% | +$276K |
|
|
SMTA
2349
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $5.08M | ﹤0.01% |
608,654
+24,525
| +4% | +$181K |
|
|
ACR
2350
ACRES Commercial Realty
ACR
$101M
| $5.07M | ﹤0.01% |
149,516
+16,270
| +12% | +$538K |
|
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.