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 | |
|---|---|---|---|---|---|---|
476
Liberty Global Class C
LBTYK
$3.49B
| $115M | 0.04% |
4,320,837
+105,966
| +3% | +$3.1M |
|
477
Pultegroup
PHM
$25.3B
| $114M | 0.04% |
3,967,251
-146,013
| -4% | -$4.39M |
|
478
Advance Auto Parts
AAP
$3.49B
| $114M | 0.03% |
838,813
+23,894
| +3% | +$2.9M |
|
479
Norwegian Cruise Line
NCLH
$8.84B
| $112M | 0.03% |
2,383,645
+92,379
| +4% | +$4.86M |
|
480
A.O. Smith
AOS
$8.7B
| $112M | 0.03% |
1,903,355
+83,706
| +5% | +$5.28M |
|
481
CDW
CDW
$17B
| $112M | 0.03% |
1,384,464
-157,520
| -10% | -$12.2M |
|
482
Pinnacle West Capital
PNW
$12.2B
| $111M | 0.03% |
1,381,862
+53,520
| +4% | +$4.19M |
|
483
Globe Life
GL
$14.3B
| $111M | 0.03% |
1,362,016
+65,088
| +5% | +$5.53M |
|
|
XEC
484
DELISTED
CIMAREX ENERGY CO
XEC
| $111M | 0.03% |
1,089,165
+63,413
| +6% | +$6.02M |
|
485
Arista Networks
ANET
$238B
| $110M | 0.03% |
6,849,488
-1,009,488
| -13% | -$16.5M |
|
486
Gaming and Leisure Properties
GLPI
$12.8B
| $110M | 0.03% |
3,068,758
+222,984
| +8% | +$7.73M |
|
487
Steel Dynamics
STLD
$37.6B
| $109M | 0.03% |
2,378,019
+47,465
| +2% | +$2.25M |
|
488
DaVita
DVA
$11.7B
| $109M | 0.03% |
1,571,760
-124,516
| -7% | -$8.32M |
|
489
AES
AES
$10.5B
| $108M | 0.03% |
8,092,799
-397,584
| -5% | -$4.89M |
|
490
Perrigo
PRGO
$1.78B
| $108M | 0.03% |
1,485,715
+6,794
| +0.5% | +$524K |
|
491
AGNC Investment
AGNC
$12.9B
| $108M | 0.03% |
5,813,635
+90,435
| +2% | +$1.71M |
|
492
Arch Capital
ACGL
$33.6B
| $107M | 0.03% |
4,036,346
+119,219
| +3% | +$3.2M |
|
493
Cheniere Energy
LNG
$52.9B
| $106M | 0.03% |
1,634,882
+57,866
| +4% | +$3.56M |
|
494
Campbell Soup
CPB
$6.87B
| $106M | 0.03% |
2,613,834
+63,225
| +2% | +$2.46M |
|
|
GRMN
495
Garmin
GRMN
$60B
| $105M | 0.03% |
1,730,059
+132,320
| +8% | +$7.94M |
|
496
Kimco Realty
KIM
$16.4B
| $105M | 0.03% |
6,189,038
+509,805
| +9% | +$7.7M |
|
497
NVR
NVR
$17B
| $105M | 0.03% |
35,266
-701
| -2% | -$2.15M |
|
498
Domino's
DPZ
$11.6B
| $104M | 0.03% |
370,277
+4,694
| +1% | +$1.19M |
|
499
Bath & Body Works
BBWI
$4.1B
| $104M | 0.03% |
3,502,622
+18,709
| +0.5% | +$540K |
|
|
PPLI
500
People Inc
PPLI
$3.1B
| $103M | 0.03% |
3,788,740
+31,961
| +0.9% | +$875K |
|
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 156 new, 3,028 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 156 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.