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 | |
|---|---|---|---|---|---|---|
2601
SIGA Technologies
SIGA
$235M
| $2.9M | ﹤0.01% |
+487,951
| New | +$3.17M |
|
|
BSTC
2602
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $2.9M | ﹤0.01% |
64,550
+5,759
| +10% | +$248K |
|
2603
Calix
CALX
$2.26B
| $2.89M | ﹤0.01% |
371,137
+36,427
| +11% | +$257K |
|
|
AKAO
2604
DELISTED
Achaogen Inc
AKAO
| $2.89M | ﹤0.01% |
333,606
+30,454
| +10% | +$371K |
|
|
ALBO
2605
DELISTED
Albireo Pharma Inc
ALBO
| $2.89M | ﹤0.01% |
81,296
+33,560
| +70% | +$1.09M |
|
2606
Novartis
NVS
$297B
| $2.88M | ﹤0.01% |
42,535
+17,299
| +69% | +$1.19M |
|
2607
Surgery Partners
SGRY
$2.01B
| $2.87M | ﹤0.01% |
192,676
+10,150
| +6% | +$170K |
|
2608
Nathan's Famous
NATH
$402M
| $2.87M | ﹤0.01% |
30,452
+3,691
| +14% | +$307K |
|
|
KREF
2609
KKR Real Estate Finance Trust
KREF
$448M
| $2.86M | ﹤0.01% |
144,532
+9,376
| +7% | +$189K |
|
2610
Colliers International
CIGI
$5.04B
| $2.86M | ﹤0.01% |
37,557
+1,207
| +3% | +$87.4K |
|
2611
Alliance Resource Partners
ARLP
$3.34B
| $2.85M | ﹤0.01% |
155,453
+10,988
| +8% | +$198K |
|
|
AAIC
2612
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.85M | ﹤0.01% |
276,301
+43,657
| +19% | +$487K |
|
2613
Cadiz
CDZI
$251M
| $2.85M | ﹤0.01% |
217,209
+12,177
| +6% | +$158K |
|
2614
Genco Shipping & Trading
GNK
$1.11B
| $2.84M | ﹤0.01% |
183,538
+103,768
| +130% | +$1.77M |
|
|
SEND
2615
DELISTED
SendGrid, Inc.
SEND
| $2.84M | ﹤0.01% |
107,135
+25,030
| +30% | +$678K |
|
2616
Energy Recovery
ERII
$446M
| $2.84M | ﹤0.01% |
351,448
+27,351
| +8% | +$230K |
|
2617
Rhythm Pharmaceuticals
RYTM
$6.81B
| $2.84M | ﹤0.01% |
90,828
-28,530
| -24% | -$780K |
|
|
LTS
2618
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $2.84M | ﹤0.01% |
835,083
+62,839
| +8% | +$220K |
|
2619
Diageo
DEO
$49B
| $2.84M | ﹤0.01% |
19,703
-6,910
| -26% | -$990K |
|
2620
Capital City Bank Group
CCBG
$888M
| $2.83M | ﹤0.01% |
119,889
+14,753
| +14% | +$353K |
|
2621
BlueLinx
BXC
$422M
| $2.83M | ﹤0.01% |
75,396
+27,497
| +57% | +$1.07M |
|
2622
First Internet Bancorp
INBK
$257M
| $2.83M | ﹤0.01% |
82,974
+8,773
| +12% | +$307K |
|
|
NSTG
2623
DELISTED
NanoString Technologies, Inc.
NSTG
| $2.82M | ﹤0.01% |
206,486
+28,271
| +16% | +$323K |
|
2624
RCI Hospitality Holdings
RICK
$192M
| $2.82M | ﹤0.01% |
89,213
+7,637
| +9% | +$229K |
|
2625
Reading International Class A
RDI
$33.2M
| $2.81M | ﹤0.01% |
176,537
+11,548
| +7% | +$184K |
|
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.