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 | |
|---|---|---|---|---|---|---|
3001
Dawson Geophysical
DWSN
$145M
| $1.38M | ﹤0.01% |
174,854
+58,286
| +50% | +$412K |
|
3002
Galicia Financial Group
GGAL
$7.99B
| $1.38M | ﹤0.01% |
41,834
+5,384
| +15% | +$277K |
|
|
AC
3003
DELISTED
Associated Capital Group
AC
| $1.37M | ﹤0.01% |
36,360
-890
| -2% | -$33.4K |
|
3004
Pure Cycle
PCYO
$253M
| $1.36M | ﹤0.01% |
142,914
+9,404
| +7% | +$89K |
|
3005
Silicon Motion
SIMO
$8.6B
| $1.36M | ﹤0.01% |
25,793
+2,921
| +13% | +$143K |
|
3006
RELX
RELX
$61.8B
| $1.36M | ﹤0.01% |
62,697
+24,086
| +62% | +$527K |
|
3007
BayCom
BCML
$329M
| $1.36M | ﹤0.01% |
+55,023
| New | +$1.32M |
|
3008
NACCO Industries
NC
$357M
| $1.36M | ﹤0.01% |
40,303
-3,316
| -8% | -$120K |
|
|
TBCH
3009
Turtle Beach Corp
TBCH
$243M
| $1.36M | ﹤0.01% |
66,950
+51,487
| +333% | +$648K |
|
3010
Corvus Pharmaceuticals
CRVS
$1.12B
| $1.35M | ﹤0.01% |
123,353
+47,391
| +62% | +$529K |
|
3011
Globalstar
GSAT
$10.7B
| $1.35M | ﹤0.01% |
184,211
-80,862
| -31% | -$730K |
|
|
VIA
3012
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.34M | ﹤0.01% |
27,564
+1,195
| +5% | +$64.4K |
|
3013
Viridian Therapeutics
VRDN
$2.09B
| $1.34M | ﹤0.01% |
13,941
+7,166
| +106% | +$758K |
|
|
SFS
3014
DELISTED
Smart & Final Stores, Inc.
SFS
| $1.34M | ﹤0.01% |
241,502
+8,590
| +4% | +$43.5K |
|
3015
LCNB Corp
LCNB
$282M
| $1.34M | ﹤0.01% |
67,920
+4,476
| +7% | +$86K |
|
3016
Kingstone Companies
KINS
$289M
| $1.34M | ﹤0.01% |
79,144
+5,630
| +8% | +$97.3K |
|
|
SFUN
3017
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $1.34M | ﹤0.01% |
6,943
+6,721
| +3,027% | +$1.65M |
|
3018
Innovative Industrial Properties
IIPR
$1.71B
| $1.33M | ﹤0.01% |
36,379
+779
| +2% | +$26.8K |
|
|
CALA
3019
DELISTED
Calithera Biosciences, Inc
CALA
| $1.32M | ﹤0.01% |
13,184
+902
| +7% | +$102K |
|
|
ELVT
3020
DELISTED
Elevate Credit, Inc.
ELVT
| $1.31M | ﹤0.01% |
155,312
+25,872
| +20% | +$206K |
|
|
HYB
3021
DELISTED
New America High Income Fund, Inc.
HYB
| $1.31M | ﹤0.01% |
151,865
-75,527
| -33% | -$656K |
|
3022
Frontline
FRO
$8.76B
| $1.31M | ﹤0.01% |
224,071
+30,604
| +16% | +$154K |
|
3023
Crawford & Co Class B
CRD.B
$491M
| $1.31M | ﹤0.01% |
151,005
+6,081
| +4% | +$50.4K |
|
|
SNNA
3024
DELISTED
Sienna Biopharmaceuticals, Inc.
SNNA
| $1.3M | ﹤0.01% |
85,814
+16,313
| +23% | +$277K |
|
|
VSI
3025
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.3M | ﹤0.01% |
187,556
-17,344
| -8% | -$94.6K |
|
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.