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 | |
|---|---|---|---|---|---|---|
926
Crane NXT
CXT
$3.03B
| $37.5M | 0.01% |
1,346,307
+41,081
| +3% | +$1.24M |
|
927
Southwest Gas
SWX
$6.66B
| $37.4M | 0.01% |
490,745
+38,228
| +8% | +$2.79M |
|
928
Bruker
BRKR
$8.06B
| $37.4M | 0.01% |
1,288,091
-20,758
| -2% | -$631K |
|
929
Travel + Leisure Co
TNL
$4.7B
| $37.4M | 0.01% |
844,653
-1,550,657
| -65% | -$76.6M |
|
930
EastGroup Properties
EGP
$10.9B
| $37.3M | 0.01% |
390,127
+39,319
| +11% | +$3.54M |
|
931
Avient
AVNT
$4.17B
| $37.2M | 0.01% |
861,656
+57,481
| +7% | +$2.47M |
|
932
Conduent
CNDT
$275M
| $37.1M | 0.01% |
2,042,176
+277,015
| +16% | +$5.35M |
|
933
Essent Group
ESNT
$6.28B
| $37M | 0.01% |
1,032,776
+138,860
| +16% | +$5.03M |
|
934
First Financial Bankshares
FFIN
$4.96B
| $37M | 0.01% |
1,451,972
+225,376
| +18% | +$5.79M |
|
935
Twilio
TWLO
$38.3B
| $36.9M | 0.01% |
659,422
+95,141
| +17% | +$4.71M |
|
936
Navient
NAVI
$850M
| $36.9M | 0.01% |
2,834,807
-655,871
| -19% | -$8.93M |
|
937
Deluxe
DLX
$1.16B
| $36.9M | 0.01% |
557,817
+20,755
| +4% | +$1.46M |
|
|
LSXMA
938
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $36.9M | 0.01% |
1,135,217
-14,575
| -1% | -$462K |
|
939
Ultragenyx Pharmaceutical
RARE
$2.52B
| $36.9M | 0.01% |
479,514
+44,442
| +10% | +$2.87M |
|
940
Okta
OKTA
$25.7B
| $36.9M | 0.01% |
731,685
+421,865
| +136% | +$20.1M |
|
|
IMMU
941
DELISTED
Immunomedics Inc
IMMU
| $36.8M | 0.01% |
1,556,311
+510,544
| +49% | +$10.3M |
|
|
TWO
942
Two Harbors Investment
TWO
$1.27B
| $36.8M | 0.01% |
582,507
+60,010
| +11% | +$3.76M |
|
943
Home BancShares
HOMB
$6.18B
| $36.8M | 0.01% |
1,629,710
+122,551
| +8% | +$2.83M |
|
|
HOUS
944
DELISTED
Anywhere Real Estate
HOUS
| $36.8M | 0.01% |
1,612,428
-49,022
| -3% | -$1.22M |
|
|
AL
945
DELISTED
Air Lease Corp
AL
| $36.8M | 0.01% |
875,865
+41,239
| +5% | +$1.79M |
|
946
Globus Medical
GMED
$11B
| $36.7M | 0.01% |
727,267
+107,406
| +17% | +$5.6M |
|
|
RP
947
DELISTED
RealPage, Inc.
RP
| $36.6M | 0.01% |
664,387
+110,977
| +20% | +$6.27M |
|
948
Kemper
KMPR
$1.73B
| $36.6M | 0.01% |
483,874
+48,957
| +11% | +$3.44M |
|
949
Saic
SAIC
$5.3B
| $36.6M | 0.01% |
452,256
+64,625
| +17% | +$5.49M |
|
950
Valley National Bancorp
VLY
$8B
| $36.6M | 0.01% |
3,009,703
+259,428
| +9% | +$3.27M |
|
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.