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 | |
|---|---|---|---|---|---|---|
|
PVLA
2976
Palvella Therapeutics
PVLA
$1.99B
| $1.46M | ﹤0.01% |
3,590
+426
| +13% | +$203K |
|
2977
Ascent Industries
ACNT
$140M
| $1.45M | ﹤0.01% |
72,815
+34,775
| +91% | +$633K |
|
|
RARX
2978
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $1.45M | ﹤0.01% |
145,465
+31,428
| +28% | +$217K |
|
|
GFN
2979
DELISTED
General Finance Corporation
GFN
| $1.44M | ﹤0.01% |
106,366
+92,891
| +689% | +$945K |
|
|
BCV
2980
Bancroft Fund
BCV
$133M
| $1.44M | ﹤0.01% |
65,857
+8,063
| +14% | +$174K |
|
2981
Clear Channel Outdoor Holdings
CCO
$1.23B
| $1.43M | ﹤0.01% |
332,906
+20,603
| +7% | +$96.4K |
|
|
MR
2982
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.43M | ﹤0.01% |
59,579
+9,353
| +19% | +$209K |
|
|
BZUN
2983
Baozun
BZUN
$167M
| $1.43M | ﹤0.01% |
26,119
+230
| +0.9% | +$12.2K |
|
2984
International General Insurance
IGIC
$1.19B
| $1.42M | ﹤0.01% |
+148,791
| New | +$1.43M |
|
|
AQ
2985
DELISTED
Aquantia Corp. Common Stock
AQ
| $1.42M | ﹤0.01% |
122,516
+43,908
| +56% | +$567K |
|
2986
Mid Penn Bancorp
MPB
$971M
| $1.41M | ﹤0.01% |
40,398
+12,143
| +43% | +$427K |
|
|
IVH
2987
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
| $1.41M | ﹤0.01% |
98,086
+5,647
| +6% | +$80.6K |
|
|
CAJ
2988
DELISTED
Canon, Inc.
CAJ
| $1.4M | ﹤0.01% |
42,842
-1,043
| -2% | -$36.1K |
|
2989
Stratus Properties
STRS
$156M
| $1.4M | ﹤0.01% |
45,801
+2,928
| +7% | +$91.5K |
|
|
HIVE
2990
DELISTED
Aerohive Networks
HIVE
| $1.4M | ﹤0.01% |
352,354
+19,497
| +6% | +$80.2K |
|
|
EMD
2991
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $1.4M | ﹤0.01% |
105,250
-32,097
| -23% | -$445K |
|
2992
Teekay
TK
$1.01B
| $1.4M | ﹤0.01% |
180,241
+39,121
| +28% | +$327K |
|
2993
Lifetime Brands
LCUT
$191M
| $1.39M | ﹤0.01% |
110,122
+14,095
| +15% | +$165K |
|
|
PMBC
2994
DELISTED
Pacific Mercantile Bancorp
PMBC
| $1.39M | ﹤0.01% |
142,883
+8,592
| +6% | +$83.6K |
|
|
TLND
2995
DELISTED
Talend S.A. American Depositary Shares
TLND
| $1.39M | ﹤0.01% |
22,335
+1,344
| +6% | +$73.1K |
|
2996
Chemung Financial Corp
CHMG
$393M
| $1.39M | ﹤0.01% |
27,735
+1,955
| +8% | +$95.7K |
|
2997
NextDecade
NEXT
$1.79B
| $1.39M | ﹤0.01% |
202,826
+21,004
| +12% | +$132K |
|
2998
Greif Class B
GEF.B
$4.11B
| $1.39M | ﹤0.01% |
24,078
+4,492
| +23% | +$278K |
|
|
YRIV
2999
DELISTED
Yangtze River Port and Logistics Limited Common Stock
YRIV
| $1.38M | ﹤0.01% |
121,850
+10,087
| +9% | +$69.1K |
|
|
XRN
3000
Chiron Real Estate Inc
XRN
$514M
| $1.38M | ﹤0.01% |
31,218
+2,563
| +9% | +$107K |
|
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.