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 |
AT&T
T
|
+$479M |
| 2 |
Meta Platforms (Facebook)
META
|
+$465M |
| 3 |
Amazon
AMZN
|
+$241M |
| 4 |
Procter & Gamble
PG
|
+$212M |
| 5 |
Verizon
VZ
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWX
Time Warner Inc
TWX
|
+$841M |
| 2 |
MON
Monsanto Co
MON
|
+$592M |
| 3 |
Apple
AAPL
|
+$138M |
| 4 |
Royal Bank of Canada
RY
|
+$82.4M |
| 5 |
CSRA
CSRA Inc.
CSRA
|
+$77.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.98% |
| 2 | Financials | 15.74% |
| 3 | Healthcare | 13.25% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PTE
2526
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $3.28M | ﹤0.01% |
5,572
+4,257
| +324% | +$2.53M |
|
2527
Digi International
DGII
$2.63B
| $3.27M | ﹤0.01% |
248,167
+27,898
| +13% | +$333K |
|
2528
Sterling Infrastructure
STRL
$18.3B
| $3.27M | ﹤0.01% |
251,084
+16,009
| +7% | +$199K |
|
2529
SFL Corp
SFL
$1.64B
| $3.26M | ﹤0.01% |
218,280
+83,072
| +61% | +$1.21M |
|
|
AFI
2530
DELISTED
Armstrong Flooring, Inc.
AFI
| $3.26M | ﹤0.01% |
232,114
+9,013
| +4% | +$122K |
|
2531
Home Bancorp
HBCP
$561M
| $3.24M | ﹤0.01% |
69,677
+22,712
| +48% | +$1.01M |
|
|
FTSI
2532
DELISTED
FTS International, Inc. Common Stock
FTSI
| $3.24M | ﹤0.01% |
11,367
+1,766
| +18% | +$645K |
|
|
ZIXI
2533
DELISTED
Zix Corporation
ZIXI
| $3.23M | ﹤0.01% |
600,374
+41,951
| +8% | +$216K |
|
2534
Bassett Furniture
BSET
$164M
| $3.23M | ﹤0.01% |
117,327
+12,870
| +12% | +$366K |
|
2535
Byline Bancorp
BY
$1.78B
| $3.23M | ﹤0.01% |
144,484
+69,865
| +94% | +$1.56M |
|
|
ECOM
2536
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $3.23M | ﹤0.01% |
229,605
+34,173
| +17% | +$448K |
|
2537
Ducommun
DCO
$2.7B
| $3.22M | ﹤0.01% |
97,252
+8,031
| +9% | +$259K |
|
|
MOFG
2538
DELISTED
MidWestOne Financial Group
MOFG
| $3.21M | ﹤0.01% |
95,136
+6,170
| +7% | +$205K |
|
|
MLNX
2539
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $3.21M | ﹤0.01% |
38,093
+2,484
| +7% | +$203K |
|
2540
Carriage Services
CSV
$641M
| $3.2M | ﹤0.01% |
130,421
+8,514
| +7% | +$222K |
|
2541
Merchants Bancorp
MBIN
$2.53B
| $3.19M | ﹤0.01% |
167,990
+68,885
| +70% | +$1.12M |
|
2542
Sierra Bancorp
BSRR
$528M
| $3.19M | ﹤0.01% |
112,857
+14,008
| +14% | +$395K |
|
2543
IMAX
IMAX
$2.62B
| $3.18M | ﹤0.01% |
143,630
+18,977
| +15% | +$423K |
|
|
IO
2544
DELISTED
ION Geophysical Corporation
IO
| $3.18M | ﹤0.01% |
130,805
+64,835
| +98% | +$1.69M |
|
|
DERM
2545
DELISTED
Dermira, Inc.
DERM
| $3.17M | ﹤0.01% |
344,872
-5,796
| -2% | -$54K |
|
2546
Park-Ohio Holdings
PKOH
$575M
| $3.16M | ﹤0.01% |
84,840
+8,116
| +11% | +$317K |
|
2547
Mistras Group
MG
$484M
| $3.16M | ﹤0.01% |
167,467
+16,101
| +11% | +$313K |
|
2548
Global Indemnity Group
GBLI
$402M
| $3.16M | ﹤0.01% |
81,070
+4,506
| +6% | +$180K |
|
2549
Farmers & Merchants Bancorp
FMAO
$459M
| $3.16M | ﹤0.01% |
78,291
+4,997
| +7% | +$211K |
|
2550
Regional Management Corp
RM
$301M
| $3.15M | ﹤0.01% |
90,044
+8,355
| +10% | +$292K |
|
Similar funds
Geode Capital Management's Q2 2018 Portfolio in Review
As of Q2 2018, Geode Capital Management held 4,200 positions worth $325B, up 6% from $307B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Geode Capital Management's Q2 2018 filing shows 155 new, 3,029 increased, 472 reduced and 134 closed positions. Its largest new stake was Evergy: 3,270,555 shares worth $183M. The largest sale was Time Warner Inc, an estimated $841M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2018 buy was Evergy: 3,270,555 shares worth $183M.
- Geode Capital Management added most to AT&T in Q2 2018, an estimated $479M increase.
- Geode Capital Management's biggest Q2 2018 reduction was Apple, cutting an estimated $138M.
- Geode Capital Management fully exited Time Warner Inc in Q2 2018, selling an estimated $841M.
- Geode Capital Management's ten largest holdings make up 18% of its $325B portfolio in Q2 2018.
- Geode Capital Management opened 155 new positions and closed 134 in Q2 2018.
- Geode Capital Management's portfolio value rose 6% quarter-over-quarter to $325B.
Based on Geode Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.