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 | |
|---|---|---|---|---|---|---|
2376
Sierra Bancorp
BSRR
$528M
| $4.89M | ﹤0.01% |
180,287
+22,216
| +14% | +$571K |
|
|
ACOR
2377
DELISTED
Acorda Therapeutics
ACOR
| $4.89M | ﹤0.01% |
5,313
+543
| +11% | +$667K |
|
|
DCPH
2378
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $4.89M | ﹤0.01% |
216,807
+35,061
| +19% | +$821K |
|
2379
Franklin Covey
FC
$234M
| $4.87M | ﹤0.01% |
143,338
+27,901
| +24% | +$828K |
|
2380
Lennar Class B
LEN.B
$20.1B
| $4.87M | ﹤0.01% |
133,125
+19,513
| +17% | +$763K |
|
2381
Oppenheimer Holdings
OPY
$1.23B
| $4.87M | ﹤0.01% |
179,025
+8,189
| +5% | +$213K |
|
|
AMRN
2382
Amarin Corp
AMRN
$297M
| $4.86M | ﹤0.01% |
12,531
+860
| +7% | +$315K |
|
2383
Artesian Resources
ARTNA
$362M
| $4.84M | ﹤0.01% |
130,223
-5,420
| -4% | -$197K |
|
2384
SFL Corp
SFL
$1.57B
| $4.83M | ﹤0.01% |
386,182
+64,775
| +20% | +$818K |
|
2385
Krystal Biotech
KRYS
$9.85B
| $4.82M | ﹤0.01% |
119,767
+48,069
| +67% | +$1.57M |
|
2386
Corbus Pharmaceuticals
CRBP
$189M
| $4.82M | ﹤0.01% |
23,189
+2,127
| +10% | +$455K |
|
2387
KRONOS Worldwide
KRO
$905M
| $4.82M | ﹤0.01% |
314,590
+14,486
| +5% | +$201K |
|
2388
Mitek Systems
MITK
$838M
| $4.8M | ﹤0.01% |
482,758
+43,229
| +10% | +$461K |
|
2389
Quad
QUAD
$507M
| $4.79M | ﹤0.01% |
606,290
+23,766
| +4% | +$249K |
|
|
TPTX
2390
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $4.78M | ﹤0.01% |
+117,456
| New | +$4.19M |
|
|
PRNB
2391
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $4.78M | ﹤0.01% |
144,006
+27,000
| +23% | +$843K |
|
|
PCSB
2392
DELISTED
PCSB Financial Corporation
PCSB
| $4.78M | ﹤0.01% |
235,833
+6,748
| +3% | +$131K |
|
2393
Domo
DOMO
$184M
| $4.77M | ﹤0.01% |
174,568
+24,701
| +16% | +$858K |
|
|
EMCI
2394
DELISTED
EMC INS Group Inc
EMCI
| $4.77M | ﹤0.01% |
132,288
+8,680
| +7% | +$298K |
|
|
LGTY
2395
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $4.75M | ﹤0.01% |
361,184
+25,283
| +8% | +$332K |
|
2396
Pampa Energía
PAM
$4.26B
| $4.75M | ﹤0.01% |
+137,839
| New | +$3.6M |
|
2397
VEON
VEON
$3.92B
| $4.75M | ﹤0.01% |
67,807
-3,496
| -5% | -$209K |
|
2398
Heritage Insurance Holdings
HRTG
$980M
| $4.75M | ﹤0.01% |
307,945
+44,484
| +17% | +$655K |
|
2399
Digital Turbine
APPS
$1.5B
| $4.74M | ﹤0.01% |
948,144
+443,452
| +88% | +$1.78M |
|
|
ODT
2400
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $4.74M | ﹤0.01% |
129,068
+22,036
| +21% | +$528K |
|
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.