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 | |
|---|---|---|---|---|---|---|
|
AHT
2451
Ashford Hospitality Trust
AHT
$19.8M
| $4.36M | ﹤0.01% |
1,487
+160
| +12% | +$749K |
|
|
SILK
2452
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $4.35M | ﹤0.01% |
+89,695
| New | +$3.81M |
|
2453
Capital City Bank Group
CCBG
$896M
| $4.34M | ﹤0.01% |
174,749
+40,484
| +30% | +$951K |
|
2454
Novartis
NVS
$290B
| $4.34M | ﹤0.01% |
47,508
-5,051
| -10% | -$427K |
|
|
PLYA
2455
DELISTED
Playa Hotels & Resorts
PLYA
| $4.34M | ﹤0.01% |
562,476
+8,317
| +2% | +$66.8K |
|
|
EB
2456
DELISTED
Eventbrite
EB
| $4.33M | ﹤0.01% |
267,317
+173,963
| +186% | +$3.23M |
|
2457
Origin Bancorp
OBK
$1.67B
| $4.33M | ﹤0.01% |
131,198
+19,885
| +18% | +$676K |
|
|
GSKY
2458
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $4.3M | ﹤0.01% |
349,824
+23,228
| +7% | +$304K |
|
2459
Diageo
DEO
$52.2B
| $4.3M | ﹤0.01% |
24,937
-407
| -2% | -$68.4K |
|
2460
PagSeguro Digital
PAGS
$2.4B
| $4.29M | ﹤0.01% |
110,152
-118,870
| -52% | -$3.68M |
|
2461
Miller Industries
MLR
$643M
| $4.29M | ﹤0.01% |
139,432
+8,219
| +6% | +$253K |
|
|
MNRL
2462
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $4.28M | ﹤0.01% |
+199,569
| New | +$4.14M |
|
|
FSB
2463
DELISTED
Franklin Financial Network, Inc.
FSB
| $4.28M | ﹤0.01% |
153,562
+11,222
| +8% | +$312K |
|
|
DPLO
2464
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $4.28M | ﹤0.01% |
702,114
+48,434
| +7% | +$257K |
|
2465
Moderna
MRNA
$25.4B
| $4.27M | ﹤0.01% |
291,891
+11,755
| +4% | +$252K |
|
|
MEET
2466
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $4.27M | ﹤0.01% |
1,226,098
-23,527
| -2% | -$104K |
|
|
CCRN
2467
DELISTED
Cross Country Healthcare
CCRN
| $4.25M | ﹤0.01% |
453,546
+29,886
| +7% | +$230K |
|
2468
Carter Bankshares
CARE
$749M
| $4.23M | ﹤0.01% |
+214,050
| New | +$4.17M |
|
2469
NIO
NIO
$11.4B
| $4.22M | ﹤0.01% |
1,663,641
+1,624,216
| +4,120% | +$6.52M |
|
2470
nLIGHT
LASR
$3.06B
| $4.21M | ﹤0.01% |
219,198
+61,991
| +39% | +$1.36M |
|
2471
Civista Bancshares
CIVB
$597M
| $4.2M | ﹤0.01% |
187,018
+38,739
| +26% | +$853K |
|
|
TAST
2472
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $4.2M | ﹤0.01% |
464,744
+30,583
| +7% | +$281K |
|
|
STR
2473
DELISTED
Sitio Royalties
STR
| $4.18M | ﹤0.01% |
124,366
+29,808
| +32% | +$979K |
|
2474
Cameco
CCJ
$43.1B
| $4.18M | ﹤0.01% |
392,009
+22,493
| +6% | +$242K |
|
|
BHR
2475
Braemar Hotels & Resorts
BHR
$139M
| $4.17M | ﹤0.01% |
425,165
+42,130
| +11% | +$500K |
|
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.