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 | |
|---|---|---|---|---|---|---|
2401
Willdan Group
WLDN
$1.29B
| $4.71M | ﹤0.01% |
126,549
+9,349
| +8% | +$338K |
|
|
IMGN
2402
DELISTED
Immunogen Inc
IMGN
| $4.71M | ﹤0.01% |
2,170,841
+306,232
| +16% | +$724K |
|
|
LDL
2403
DELISTED
Lydall, Inc.
LDL
| $4.71M | ﹤0.01% |
233,146
+31,801
| +16% | +$692K |
|
2404
Cardlytics
CDLX
$24.7M
| $4.7M | ﹤0.01% |
18,109
+6,644
| +58% | +$1.33M |
|
2405
Bar Harbor Bankshares
BHB
$677M
| $4.69M | ﹤0.01% |
176,425
+14,330
| +9% | +$367K |
|
|
GNMK
2406
DELISTED
GenMark Diagnostics, Inc
GNMK
| $4.69M | ﹤0.01% |
722,160
+35,433
| +5% | +$250K |
|
2407
West Bancorporation
WTBA
$503M
| $4.68M | ﹤0.01% |
220,739
+23,155
| +12% | +$491K |
|
2408
Napco Security Technologies
NSSC
$1.39B
| $4.68M | ﹤0.01% |
315,380
+15,636
| +5% | +$207K |
|
|
RDS.B
2409
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.68M | ﹤0.01% |
71,156
-6,237
| -8% | -$406K |
|
|
IIF
2410
Morgan Stanley India Investment Fund
IIF
$220M
| $4.65M | ﹤0.01% |
221,911
-1,193
| -0.5% | -$24.8K |
|
2411
BRC Group Holdings
RILY
$304M
| $4.65M | ﹤0.01% |
222,840
+10,905
| +5% | +$208K |
|
2412
A10 Networks
ATEN
$2B
| $4.64M | ﹤0.01% |
680,815
+52,275
| +8% | +$343K |
|
2413
SoundThinking
SSTI
$106M
| $4.63M | ﹤0.01% |
104,839
+9,194
| +10% | +$430K |
|
2414
Karyopharm Therapeutics
KPTI
$46M
| $4.62M | ﹤0.01% |
51,447
+12,336
| +32% | +$990K |
|
2415
VirnetX Holding Corp
VHC
$65.8M
| $4.62M | ﹤0.01% |
37,197
+3,094
| +9% | +$386K |
|
|
MOFG
2416
DELISTED
MidWestOne Financial Group
MOFG
| $4.61M | ﹤0.01% |
164,847
+52,752
| +47% | +$1.49M |
|
|
ASAP
2417
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
| $4.6M | ﹤0.01% |
36,592
+14,331
| +64% | +$2.45M |
|
|
BCOV
2418
DELISTED
Brightcove, Inc.
BCOV
| $4.6M | ﹤0.01% |
445,547
+13,127
| +3% | +$126K |
|
2419
Digi International
DGII
$3.23B
| $4.6M | ﹤0.01% |
362,703
+5,563
| +2% | +$67.6K |
|
|
SHYF
2420
DELISTED
The Shyft Group
SHYF
| $4.6M | ﹤0.01% |
419,503
+25,127
| +6% | +$232K |
|
2421
Energy Recovery
ERII
$397M
| $4.6M | ﹤0.01% |
441,118
+33,304
| +8% | +$328K |
|
|
BDSI
2422
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $4.59M | ﹤0.01% |
986,833
+447,455
| +83% | +$2.08M |
|
2423
Century Aluminum
CENX
$4.77B
| $4.58M | ﹤0.01% |
662,774
+45,934
| +7% | +$341K |
|
|
AGNT
2424
AGNT Inc
AGNT
$715M
| $4.57M | ﹤0.01% |
820,852
+220,880
| +37% | +$1.17M |
|
|
AMAG
2425
DELISTED
AMAG Pharmaceuticals
AMAG
| $4.56M | ﹤0.01% |
456,666
-18,421
| -4% | -$199K |
|
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.