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 | |
|---|---|---|---|---|---|---|
|
LTS
2351
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $5.07M | ﹤0.01% |
1,479,016
+302,577
| +26% | +$1.05M |
|
|
CHS
2352
DELISTED
Chicos FAS, Inc.
CHS
| $5.07M | ﹤0.01% |
1,504,776
+19,420
| +1% | +$70.6K |
|
|
JCAP
2353
DELISTED
Jernigan Capital, Inc.
JCAP
| $5.06M | ﹤0.01% |
246,702
+30,999
| +14% | +$653K |
|
2354
MediciNova
MNOV
$65.5M
| $5.05M | ﹤0.01% |
524,277
+91,975
| +21% | +$970K |
|
|
BBBY
2355
Bed Bath & Beyond
BBBY
$403M
| $5.04M | ﹤0.01% |
493,343
+115,721
| +31% | +$1.08M |
|
|
HCCI
2356
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $5.04M | ﹤0.01% |
191,499
+13,562
| +8% | +$362K |
|
2357
TSMC
TSM
$2.23T
| $5.04M | ﹤0.01% |
128,462
+107,138
| +502% | +$4.41M |
|
2358
Puma Biotechnology
PBYI
$459M
| $5.01M | ﹤0.01% |
394,612
+25,692
| +7% | +$592K |
|
|
CCXI
2359
DELISTED
ChemoCentryx, Inc.
CCXI
| $5.01M | ﹤0.01% |
539,012
+178,081
| +49% | +$2.06M |
|
2360
Utah Medical Products
UTMD
$230M
| $5.01M | ﹤0.01% |
52,366
+116
| +0.2% | +$9.77K |
|
2361
Global Industrial
GIC
$1.49B
| $4.99M | ﹤0.01% |
225,269
+10,413
| +5% | +$228K |
|
2362
Insteel Industries
IIIN
$635M
| $4.99M | ﹤0.01% |
239,740
+13,025
| +6% | +$262K |
|
|
TBIO
2363
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $4.99M | ﹤0.01% |
394,944
+151,190
| +62% | +$1.59M |
|
2364
Camping World
CWH
$659M
| $4.99M | ﹤0.01% |
401,432
+26,682
| +7% | +$345K |
|
2365
Kinross Gold
KGC
$32.6B
| $4.99M | ﹤0.01% |
1,299,156
+111,742
| +9% | +$377K |
|
|
ACHN
2366
DELISTED
Achillion Pharmaceuticals
ACHN
| $4.99M | ﹤0.01% |
1,860,151
+112,082
| +6% | +$331K |
|
|
TOWR
2367
DELISTED
Tower International, Inc.
TOWR
| $4.98M | ﹤0.01% |
255,377
+8,761
| +4% | +$182K |
|
|
CIVI
2368
DELISTED
Civitas Resources
CIVI
| $4.98M | ﹤0.01% |
238,435
+19,449
| +9% | +$425K |
|
2369
IMAX
IMAX
$2.81B
| $4.97M | ﹤0.01% |
246,186
+34,780
| +16% | +$785K |
|
2370
Logitech
LOGI
$14.8B
| $4.97M | ﹤0.01% |
124,917
+3,552
| +3% | +$138K |
|
|
PRTY
2371
DELISTED
Party City Holdco Inc.
PRTY
| $4.96M | ﹤0.01% |
677,390
+30,161
| +5% | +$230K |
|
2372
Farmers National Banc Corp
FMNB
$957M
| $4.93M | ﹤0.01% |
332,310
+38,372
| +13% | +$545K |
|
2373
Powell Industries
POWL
$7.58B
| $4.92M | ﹤0.01% |
388,134
+82,179
| +27% | +$915K |
|
2374
PDF Solutions
PDFS
$2.19B
| $4.9M | ﹤0.01% |
373,341
+26,804
| +8% | +$344K |
|
2375
Elbit Systems
ESLT
$36.5B
| $4.9M | ﹤0.01% |
32,758
+1,965
| +6% | +$282K |
|
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.