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 | |
|---|---|---|---|---|---|---|
576
Alnylam Pharmaceuticals
ALNY
$29.3B
| $79.4M | 0.02% |
806,745
+41,401
| +5% | +$4.11M |
|
577
Steris
STE
$23.1B
| $79.3M | 0.02% |
755,463
+8,599
| +1% | +$865K |
|
578
Zebra Technologies
ZBRA
$17.8B
| $79.1M | 0.02% |
552,050
+17,191
| +3% | +$2.53M |
|
579
Trimble
TRMB
$13.9B
| $78.8M | 0.02% |
2,401,689
+182,739
| +8% | +$6.34M |
|
580
News Corp Class A
NWSA
$15.4B
| $78.4M | 0.02% |
5,067,535
+243,790
| +5% | +$3.85M |
|
581
Brixmor Property Group
BRX
$9.32B
| $77.6M | 0.02% |
4,450,080
+349,883
| +9% | +$5.44M |
|
|
FDC
582
DELISTED
First Data Corporation
FDC
| $77.4M | 0.02% |
3,703,248
+193,535
| +6% | +$3.59M |
|
583
Coty
COTY
$2.48B
| $76.6M | 0.02% |
5,446,879
+181,477
| +3% | +$2.8M |
|
|
LPT
584
DELISTED
Liberty Property Trust
LPT
| $76.5M | 0.02% |
1,727,512
+42,860
| +3% | +$1.82M |
|
|
CDK
585
DELISTED
CDK Global, Inc.
CDK
| $76.4M | 0.02% |
1,175,551
+69,169
| +6% | +$4.47M |
|
586
Sarepta Therapeutics
SRPT
$1.77B
| $76.3M | 0.02% |
577,565
-1,827
| -0.3% | -$172K |
|
587
TripAdvisor
TRIP
$1.26B
| $76.2M | 0.02% |
1,370,654
-691
| -0.1% | -$33K |
|
588
Toll Brothers
TOL
$14.5B
| $76.1M | 0.02% |
2,059,200
-19,012
| -0.9% | -$779K |
|
589
Graco
GGG
$13.5B
| $75.7M | 0.02% |
1,673,616
+130,201
| +8% | +$5.97M |
|
590
Leidos
LDOS
$17.3B
| $75.7M | 0.02% |
1,283,251
+54,778
| +4% | +$3.42M |
|
|
BLUE
591
DELISTED
bluebird bio
BLUE
| $75.5M | 0.02% |
37,135
+586
| +2% | +$1.34M |
|
592
Goodyear
GT
$1.85B
| $75.4M | 0.02% |
3,244,861
+110,973
| +4% | +$2.85M |
|
593
Teradyne
TER
$59.3B
| $75.4M | 0.02% |
1,980,616
+117,953
| +6% | +$4.6M |
|
594
Murphy Oil
MUR
$4.78B
| $75.1M | 0.02% |
2,225,147
+496,304
| +29% | +$15.3M |
|
|
ULTI
595
DELISTED
Ultimate Software Group Inc
ULTI
| $75.1M | 0.02% |
291,676
+35,226
| +14% | +$9.04M |
|
|
HDS
596
DELISTED
HD Supply Holdings, Inc.
HDS
| $74.8M | 0.02% |
1,744,366
+67,409
| +4% | +$2.73M |
|
597
Wabtec
WAB
$49.3B
| $74.6M | 0.02% |
757,776
+22,202
| +3% | +$2.06M |
|
|
SRCL
598
DELISTED
Stericycle Inc
SRCL
| $74.6M | 0.02% |
1,144,796
+112,957
| +11% | +$7.03M |
|
599
Polaris
PII
$4.07B
| $74.1M | 0.02% |
606,846
+79,910
| +15% | +$9.35M |
|
600
Xerox
XRX
$425M
| $73.9M | 0.02% |
3,084,705
+433,570
| +16% | +$12.3M |
|
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.