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 | |
|---|---|---|---|---|---|---|
2851
Natural Health Trends
NHTC
$14.7M
| $1.87M | ﹤0.01% |
74,655
+7,228
| +11% | +$151K |
|
|
USAP
2852
DELISTED
Universal Stainless & Alloy
USAP
| $1.86M | ﹤0.01% |
78,703
+45,858
| +140% | +$1.25M |
|
2853
HDFC Bank
HDB
$123B
| $1.86M | ﹤0.01% |
70,856
-564
| -0.8% | -$14.1K |
|
2854
AMES National
ATLO
$271M
| $1.85M | ﹤0.01% |
60,021
+4,979
| +9% | +$146K |
|
2855
Hovnanian Enterprises
HOV
$726M
| $1.84M | ﹤0.01% |
45,295
+3,711
| +9% | +$175K |
|
|
GRX
2856
Gabelli Healthcare & Wellness Trust
GRX
$144M
| $1.84M | ﹤0.01% |
183,669
+77,868
| +74% | +$759K |
|
2857
First Community Corp
FCCO
$321M
| $1.83M | ﹤0.01% |
73,128
+22,114
| +43% | +$521K |
|
|
MYJ
2858
DELISTED
Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
| $1.83M | ﹤0.01% |
133,032
+105,186
| +378% | +$1.46M |
|
2859
Barnes & Noble Education
BNED
$431M
| $1.83M | ﹤0.01% |
3,245
+104
| +3% | +$69.5K |
|
|
CDMO
2860
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $1.83M | ﹤0.01% |
466,643
+240,967
| +107% | +$836K |
|
|
RBNC
2861
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $1.82M | ﹤0.01% |
65,014
+12,731
| +24% | +$320K |
|
|
HUD
2862
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $1.82M | ﹤0.01% |
103,922
+14,286
| +16% | +$239K |
|
|
TTPH
2863
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $1.82M | ﹤0.01% |
25,445
+3,759
| +17% | +$265K |
|
2864
Asure Software
ASUR
$232M
| $1.81M | ﹤0.01% |
113,357
+49,894
| +79% | +$815K |
|
2865
BCB Bancorp
BCBP
$173M
| $1.81M | ﹤0.01% |
120,424
+8,003
| +7% | +$124K |
|
|
EVV
2866
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $1.8M | ﹤0.01% |
+143,396
| New | +$1.84M |
|
|
CBMG
2867
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $1.8M | ﹤0.01% |
92,023
+33,938
| +58% | +$636K |
|
2868
Ascendis Pharma A/S
ASND
$16B
| $1.8M | ﹤0.01% |
27,042
+6,267
| +30% | +$412K |
|
|
CMCT
2869
Creative Media & Community Trust
CMCT
$10.3M
| $1.8M | ﹤0.01% |
2
| – | – |
|
2870
SoundThinking
SSTI
$100M
| $1.8M | ﹤0.01% |
47,395
+28,116
| +146% | +$904K |
|
|
AMBR
2871
DELISTED
Amber Road Inc
AMBR
| $1.8M | ﹤0.01% |
191,071
+19,625
| +11% | +$180K |
|
2872
Biglari Holdings Class B
BH
$1.25B
| $1.78M | ﹤0.01% |
+9,716
| New | +$2.2M |
|
2873
Shore Bancshares
SHBI
$819M
| $1.78M | ﹤0.01% |
93,644
+8,611
| +10% | +$162K |
|
2874
Veracyte
VCYT
$3.7B
| $1.78M | ﹤0.01% |
190,741
+35,453
| +23% | +$249K |
|
2875
AstraZeneca
AZN
$263B
| $1.78M | ﹤0.01% |
25,344
+1,663
| +7% | +$120K |
|
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.