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 | |
|---|---|---|---|---|---|---|
|
SMAR
2701
DELISTED
Smartsheet Inc.
SMAR
| $2.44M | ﹤0.01% |
+93,886
| New | +$2.23M |
|
|
ADVM
2702
DELISTED
Adverum Biotechnologies
ADVM
| $2.44M | ﹤0.01% |
45,960
+17,825
| +63% | +$1.07M |
|
|
RC
2703
Ready Capital
RC
$258M
| $2.43M | ﹤0.01% |
149,510
+36,255
| +32% | +$551K |
|
2704
Costamare
CMRE
$1.88B
| $2.42M | ﹤0.01% |
303,440
-30,930
| -9% | -$226K |
|
|
FRAN
2705
DELISTED
Francesca's Holdings Corporation
FRAN
| $2.42M | ﹤0.01% |
26,713
+1,432
| +6% | +$98.3K |
|
|
XXII
2706
22nd Century Group
XXII
$1.38M
| – | – |
0
| – | – |
|
|
TWNKW
2707
DELISTED
Hostess Brands, Inc. Warrants
TWNKW
| $2.42M | ﹤0.01% |
1,422,875
| – | – |
|
2708
British American Tobacco
BTI
$131B
| $2.42M | ﹤0.01% |
49,690
+4,650
| +10% | +$245K |
|
2709
AdaptHealth
AHCO
$1.47B
| $2.41M | ﹤0.01% |
+249,999
| New | +$2.43M |
|
2710
Citizens & Northern Corp
CZNC
$456M
| $2.4M | ﹤0.01% |
93,015
+6,687
| +8% | +$168K |
|
|
TREC
2711
DELISTED
Trecora Resources
TREC
| $2.4M | ﹤0.01% |
161,986
+15,173
| +10% | +$207K |
|
|
PTN
2712
Palatin Technologies
PTN
$13.7M
| $2.4M | ﹤0.01% |
1,981
+1,168
| +144% | +$1.7M |
|
2713
Lineage Cell Therapeutics
LCTX
$269M
| $2.39M | ﹤0.01% |
1,327,506
+61,477
| +5% | +$124K |
|
|
SFIX
2714
Stitch Fix
SFIX
$536M
| $2.39M | ﹤0.01% |
87,067
+6,360
| +8% | +$144K |
|
|
HIL
2715
DELISTED
Hill International, Inc. Common Stock
HIL
| $2.39M | ﹤0.01% |
404,739
+127,084
| +46% | +$711K |
|
2716
RGC Resources
RGCO
$223M
| $2.38M | ﹤0.01% |
81,726
+5,487
| +7% | +$146K |
|
2717
Tower Semiconductor
TSEM
$24.8B
| $2.38M | ﹤0.01% |
108,019
+32,041
| +42% | +$816K |
|
2718
LSI Industries
LYTS
$859M
| $2.38M | ﹤0.01% |
445,087
+215,509
| +94% | +$1.31M |
|
|
ENZ
2719
DELISTED
Enzo Biochem, Inc.
ENZ
| $2.36M | ﹤0.01% |
455,183
+54,245
| +14% | +$331K |
|
|
EMCI
2720
DELISTED
EMC INS Group Inc
EMCI
| $2.35M | ﹤0.01% |
84,683
+7,046
| +9% | +$187K |
|
2721
Miller Industries
MLR
$573M
| $2.34M | ﹤0.01% |
91,568
+5,230
| +6% | +$136K |
|
2722
NCS Multistage Holdings
NCSM
$123M
| $2.33M | ﹤0.01% |
8,012
+658
| +9% | +$210K |
|
|
DSPG
2723
DELISTED
DSP Group Inc
DSPG
| $2.32M | ﹤0.01% |
186,214
-37,519
| -17% | -$460K |
|
|
MCBC
2724
DELISTED
Macatawa Bank Corp
MCBC
| $2.32M | ﹤0.01% |
190,843
+12,586
| +7% | +$143K |
|
|
GNC
2725
DELISTED
GNC Holdings, Inc.
GNC
| $2.31M | ﹤0.01% |
657,205
+74,407
| +13% | +$268K |
|
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.