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 | |
|---|---|---|---|---|---|---|
|
LSXMK
626
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $68.8M | 0.02% |
1,994,121
+129,367
| +7% | +$4.32M |
|
627
Tyler Technologies
TYL
$12.8B
| $68.8M | 0.02% |
309,843
+19,996
| +7% | +$4.5M |
|
628
Jones Lang LaSalle
JLL
$16.7B
| $68.7M | 0.02% |
414,467
+14,172
| +4% | +$2.41M |
|
629
RPM International
RPM
$15B
| $68.3M | 0.02% |
1,171,568
+53,673
| +5% | +$2.69M |
|
|
TMX
630
DELISTED
Terminix Global Holdings, Inc.
TMX
| $68.3M | 0.02% |
1,714,418
+69,568
| +4% | +$2.59M |
|
|
PF
631
DELISTED
Pinnacle Foods, Inc.
PF
| $68.2M | 0.02% |
1,048,532
+27,313
| +3% | +$1.68M |
|
|
SAGE
632
DELISTED
Sage Therapeutics
SAGE
| $68.1M | 0.02% |
435,231
+7,357
| +2% | +$1.15M |
|
|
EVHC
633
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $67.9M | 0.02% |
1,544,787
+54,636
| +4% | +$2.24M |
|
|
SGEN
634
DELISTED
Seagen Inc. Common Stock
SGEN
| $67.7M | 0.02% |
1,019,827
+42,941
| +4% | +$2.46M |
|
|
PE
635
DELISTED
PARSLEY ENERGY INC
PE
| $67.6M | 0.02% |
2,234,306
+253,122
| +13% | +$7.46M |
|
|
VER
636
DELISTED
VEREIT, Inc.
VER
| $67.2M | 0.02% |
1,806,865
+201,940
| +13% | +$7.09M |
|
637
Starwood Property Trust
STWD
$6.09B
| $66.9M | 0.02% |
3,079,326
+380,989
| +14% | +$8.2M |
|
|
EXAS
638
DELISTED
Exact Sciences
EXAS
| $66.7M | 0.02% |
1,115,070
-10,946
| -1% | -$589K |
|
639
United Therapeutics
UTHR
$23.1B
| $66.4M | 0.02% |
587,187
-27,475
| -4% | -$3.02M |
|
|
DNB
640
DELISTED
Dun & Bradstreet
DNB
| $66.4M | 0.02% |
541,262
+201,805
| +59% | +$24.6M |
|
|
AZPN
641
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $66.3M | 0.02% |
715,239
-29,469
| -4% | -$2.73M |
|
|
BKI
642
DELISTED
Black Knight, Inc. Common Stock
BKI
| $66.1M | 0.02% |
1,233,690
+239,967
| +24% | +$12.1M |
|
643
Teva Pharmaceuticals
TEVA
$41.2B
| $65.5M | 0.02% |
2,697,749
+214,920
| +9% | +$4.38M |
|
|
ACC
644
DELISTED
American Campus Communities, Inc.
ACC
| $65.4M | 0.02% |
1,524,841
+73,419
| +5% | +$2.94M |
|
645
W.P. Carey
WPC
$16.4B
| $65.4M | 0.02% |
1,005,717
+42,573
| +4% | +$2.7M |
|
646
US Foods
USFD
$24B
| $65.3M | 0.02% |
1,725,968
+9,638
| +0.6% | +$341K |
|
647
WEX
WEX
$6.31B
| $65.2M | 0.02% |
342,199
+13,791
| +4% | +$2.4M |
|
648
Flowserve
FLS
$10.2B
| $65.1M | 0.02% |
1,614,271
+41,681
| +3% | +$1.82M |
|
649
NNN REIT
NNN
$8.99B
| $64.8M | 0.02% |
1,475,593
+35,959
| +2% | +$1.45M |
|
650
Lennox International
LII
$15.2B
| $64.7M | 0.02% |
323,593
-611
| -0.2% | -$124K |
|
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.