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 | |
|---|---|---|---|---|---|---|
651
Teledyne Technologies
TDY
$32B
| $64.6M | 0.02% |
324,751
+12,187
| +4% | +$2.41M |
|
652
West Pharmaceutical
WST
$24.9B
| $64.6M | 0.02% |
650,186
+38,689
| +6% | +$3.56M |
|
|
WPX
653
DELISTED
WPX Energy, Inc.
WPX
| $64.6M | 0.02% |
3,580,450
+137,837
| +4% | +$2.36M |
|
654
Encompass Health
EHC
$12.4B
| $64.3M | 0.02% |
1,193,190
-86,552
| -7% | -$4.33M |
|
|
EV
655
DELISTED
Eaton Vance Corp.
EV
| $64.2M | 0.02% |
1,231,786
+120,473
| +11% | +$6.64M |
|
|
SBNY
656
DELISTED
Signature Bank
SBNY
| $64.2M | 0.02% |
502,370
+8,776
| +2% | +$1.15M |
|
657
Antero Resources
AR
$10.7B
| $64.1M | 0.02% |
3,001,752
+870,163
| +41% | +$17.1M |
|
|
FCE.A
658
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $63.7M | 0.02% |
2,794,027
+16,522
| +0.6% | +$339K |
|
659
PBF Energy
PBF
$7.31B
| $63.7M | 0.02% |
1,519,330
+399,972
| +36% | +$16.7M |
|
660
Quanta Services
PWR
$101B
| $63.5M | 0.02% |
1,903,237
+61,931
| +3% | +$2.17M |
|
661
Nordson
NDSN
$17.3B
| $63.3M | 0.02% |
493,101
+19,069
| +4% | +$2.52M |
|
662
Arrow Electronics
ARW
$10.4B
| $63M | 0.02% |
838,095
+17,328
| +2% | +$1.32M |
|
663
LPL Financial
LPLA
$28.6B
| $63M | 0.02% |
960,606
+52,423
| +6% | +$3.45M |
|
664
Apple Hospitality REIT
APLE
$3.82B
| $62.7M | 0.02% |
3,507,945
+658,960
| +23% | +$12M |
|
665
OGE Energy
OGE
$9.71B
| $62.5M | 0.02% |
1,777,715
+34,339
| +2% | +$1.15M |
|
666
American Homes 4 Rent
AMH
$12.5B
| $62.2M | 0.02% |
2,805,122
+156,767
| +6% | +$3.2M |
|
667
Brighthouse Financial
BHF
$3.49B
| $62.1M | 0.02% |
1,553,312
+489,456
| +46% | +$23.5M |
|
|
DHC
668
Diversified Healthcare Trust
DHC
$2.14B
| $62.1M | 0.02% |
3,432,344
+308,355
| +10% | +$5.1M |
|
|
EGN
669
DELISTED
Energen
EGN
| $61.9M | 0.02% |
849,491
-17,090
| -2% | -$1.12M |
|
670
Zillow
Z
$7.56B
| $61.8M | 0.02% |
1,047,310
+135,013
| +15% | +$7.48M |
|
|
ZAYO
671
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $61.6M | 0.02% |
1,690,754
+66,108
| +4% | +$2.35M |
|
672
Brown & Brown
BRO
$23.9B
| $61.6M | 0.02% |
2,221,340
+211,348
| +11% | +$5.75M |
|
673
JetBlue
JBLU
$2.29B
| $61.2M | 0.02% |
3,225,869
+110,177
| +4% | +$2.12M |
|
|
HPP
674
Hudson Pacific Properties
HPP
$779M
| $61.1M | 0.02% |
246,541
+11,640
| +5% | +$2.75M |
|
|
PACW
675
DELISTED
PacWest Bancorp
PACW
| $60.9M | 0.02% |
1,233,155
+7,489
| +0.6% | +$391K |
|
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.