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 | |
|---|---|---|---|---|---|---|
3426
Consumer Portfolio Services
CPSS
$202M
| $452K | ﹤0.01% |
111,189
| – | – |
|
3427
Apyx Medical
APYX
$173M
| $451K | ﹤0.01% |
103,728
| – | – |
|
3428
Oak Valley Bancorp
OVLY
$285M
| $451K | ﹤0.01% |
+19,762
| New | +$421K |
|
3429
MVB Financial
MVBF
$397M
| $449K | ﹤0.01% |
+24,905
| New | +$473K |
|
3430
Genie Energy
GNE
$367M
| $448K | ﹤0.01% |
90,473
-29,751
| -25% | -$144K |
|
3431
Sun Life Financial
SLF
$46B
| $448K | ﹤0.01% |
11,177
-371,707
| -97% | -$15.4M |
|
|
CYOU
3432
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $447K | ﹤0.01% |
26,866
+13,617
| +103% | +$295K |
|
3433
NLI Holdings
NL
$281M
| $446K | ﹤0.01% |
51,354
+7,626
| +17% | +$65.5K |
|
|
SLCT
3434
DELISTED
Select Bancorp, Inc.
SLCT
| $446K | ﹤0.01% |
+33,173
| New | +$436K |
|
|
RNWK
3435
DELISTED
RealNetworks Inc
RNWK
| $446K | ﹤0.01% |
120,755
-51,193
| -30% | -$178K |
|
3436
Manulife Financial
MFC
$73.9B
| $444K | ﹤0.01% |
24,729
-1,206,248
| -98% | -$22.7M |
|
|
LUNA
3437
DELISTED
Luna Innovations Incorporated
LUNA
| $443K | ﹤0.01% |
148,929
| – | – |
|
3438
AudioCodes
AUDC
$244M
| $442K | ﹤0.01% |
57,070
-12,959
| -19% | -$93.8K |
|
3439
Neurogene
NGNE
$656M
| $440K | ﹤0.01% |
8,310
+1,090
| +15% | +$284K |
|
3440
BeyondSpring
BYSI
$47.3M
| $439K | ﹤0.01% |
16,593
+1,357
| +9% | +$37.7K |
|
3441
InterContinental Hotels
IHG
$23.9B
| $436K | ﹤0.01% |
6,638
+234
| +4% | +$15.7K |
|
|
ALR
3442
DELISTED
AlerisLife Inc
ALR
| $433K | ﹤0.01% |
28,883
| – | – |
|
3443
Great Elm Group
GEG
$67.4M
| $432K | ﹤0.01% |
120,123
| – | – |
|
|
BT
3444
DELISTED
BT Group plc (ADR)
BT
| $432K | ﹤0.01% |
29,949
-14,653
| -33% | -$223K |
|
3445
Energy Fuels
UUUU
$2.86B
| $428K | ﹤0.01% |
+188,995
| New | +$373K |
|
3446
Aviat Networks
AVNW
$265M
| $427K | ﹤0.01% |
52,236
| – | – |
|
3447
HUTCHMED
HCM
$1.93B
| $427K | ﹤0.01% |
+14,196
| New | +$451K |
|
|
NQP
3448
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $424K | ﹤0.01% |
33,587
-111,495
| -77% | -$1.4M |
|
|
RLJE
3449
DELISTED
RLJ Entertainment, Inc.
RLJE
| $424K | ﹤0.01% |
91,642
| – | – |
|
|
VVUS
3450
DELISTED
Vivus Inc
VVUS
| $424K | ﹤0.01% |
60,153
+4,544
| +8% | +$27.4K |
|
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.