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 | |
|---|---|---|---|---|---|---|
851
Integra LifeSciences
IART
$1.33B
| $43.1M | 0.01% |
668,639
+75,589
| +13% | +$4.68M |
|
852
First Solar
FSLR
$27.3B
| $43.1M | 0.01% |
817,545
+3,629
| +0.4% | +$237K |
|
|
LHO
853
DELISTED
LaSalle Hotel Properties
LHO
| $43M | 0.01% |
1,257,615
+29,237
| +2% | +$945K |
|
854
Prosperity Bancshares
PB
$8.9B
| $42.9M | 0.01% |
627,944
+24,119
| +4% | +$1.76M |
|
855
Euronet Worldwide
EEFT
$2.67B
| $42.8M | 0.01% |
510,556
+51,991
| +11% | +$4.21M |
|
856
CACI
CACI
$14B
| $42.6M | 0.01% |
252,964
+25,675
| +11% | +$4.14M |
|
857
Liberty Global Class A
LBTYA
$3.63B
| $42.6M | 0.01% |
1,549,498
+47,397
| +3% | +$1.43M |
|
|
WRI
858
DELISTED
Weingarten Realty Investors
WRI
| $42.6M | 0.01% |
1,383,331
+104,190
| +8% | +$2.97M |
|
859
Pinnacle Financial Partners Inc
PNFP
$16.1B
| $42.5M | 0.01% |
693,401
+34,886
| +5% | +$2.27M |
|
860
Texas Capital Bancshares
TCBI
$4.33B
| $42.5M | 0.01% |
464,301
+73
| +0% | +$7.07K |
|
|
STMP
861
DELISTED
Stamps.com, Inc.
STMP
| $42M | 0.01% |
166,162
+17,139
| +12% | +$4.13M |
|
862
Teradata
TDC
$2.55B
| $42M | 0.01% |
1,045,789
-12,822
| -1% | -$516K |
|
|
HR
863
DELISTED
Healthcare Realty Trust Incorporated
HR
| $42M | 0.01% |
1,443,700
+116,098
| +9% | +$3.19M |
|
|
GRA
864
DELISTED
W.R. Grace & Co.
GRA
| $42M | 0.01% |
572,476
+18,729
| +3% | +$1.31M |
|
865
Associated Banc-Corp
ASB
$5.9B
| $41.8M | 0.01% |
1,531,890
+60,561
| +4% | +$1.62M |
|
|
EQC
866
DELISTED
Equity Commonwealth
EQC
| $41.8M | 0.01% |
1,326,810
+37,648
| +3% | +$1.16M |
|
|
WGL
867
DELISTED
Wgl Holdings
WGL
| $41.7M | 0.01% |
469,777
+34,201
| +8% | +$2.98M |
|
868
Portland General Electric
POR
$5.79B
| $41.5M | 0.01% |
970,641
+71,758
| +8% | +$2.95M |
|
|
IDTI
869
DELISTED
Integrated Device Technology I
IDTI
| $41.5M | 0.01% |
1,301,617
+90,499
| +7% | +$2.88M |
|
|
STAY
870
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $41.4M | 0.01% |
1,917,488
+307,335
| +19% | +$6.29M |
|
871
HubSpot
HUBS
$10.4B
| $41.4M | 0.01% |
330,252
+31,634
| +11% | +$3.75M |
|
|
TECD
872
DELISTED
Tech Data Corp
TECD
| $41.3M | 0.01% |
503,024
+54,719
| +12% | +$4.5M |
|
873
ITT
ITT
$19.3B
| $41.3M | 0.01% |
789,667
+34,182
| +5% | +$1.78M |
|
874
Wolfspeed
WOLF
$1.66B
| $41.2M | 0.01% |
990,371
+94,793
| +11% | +$4.15M |
|
875
Kirby Corp
KEX
$6.98B
| $41M | 0.01% |
490,302
+30,903
| +7% | +$2.68M |
|
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.