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 | |
|---|---|---|---|---|---|---|
|
S
1026
DELISTED
Sprint Corporation
S
| $31.9M | 0.01% |
5,863,781
+874,060
| +18% | +$4.73M |
|
1027
NewMarket
NEU
$8.21B
| $31.7M | 0.01% |
78,477
+605
| +0.8% | +$237K |
|
1028
EnerSys
ENS
$6.83B
| $31.7M | 0.01% |
424,673
+33,262
| +8% | +$2.48M |
|
1029
Glacier Bancorp
GBCI
$6.32B
| $31.6M | 0.01% |
817,571
+108,652
| +15% | +$4.24M |
|
1030
SouthState Bank Corp
SSB
$10.5B
| $31.6M | 0.01% |
366,166
+32,940
| +10% | +$2.91M |
|
|
RPAI
1031
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $31.6M | 0.01% |
2,470,143
+81,753
| +3% | +$979K |
|
1032
Pebblebrook Hotel Trust
PEB
$2.08B
| $31.6M | 0.01% |
813,266
+109,724
| +16% | +$4.13M |
|
|
PSB
1033
DELISTED
PS Business Parks, Inc.
PSB
| $31.5M | 0.01% |
245,458
+10,099
| +4% | +$1.2M |
|
1034
Supernus Pharmaceuticals
SUPN
$2.72B
| $31.5M | 0.01% |
526,625
+27,136
| +5% | +$1.41M |
|
1035
The GEO Group
GEO
$4.03B
| $31.4M | 0.01% |
1,140,470
+103,901
| +10% | +$2.48M |
|
1036
Ingevity
NGVT
$2.66B
| $31.3M | 0.01% |
387,356
+25,065
| +7% | +$1.99M |
|
1037
Semtech
SMTC
$12.6B
| $31.3M | 0.01% |
665,668
+46,030
| +7% | +$2.06M |
|
1038
Manhattan Associates
MANH
$11.1B
| $31.3M | 0.01% |
665,504
+55,774
| +9% | +$2.47M |
|
1039
Valmont Industries
VMI
$9.5B
| $31.3M | 0.01% |
207,486
+10,131
| +5% | +$1.48M |
|
|
BCPC
1040
Balchem Corp
BCPC
$5.75B
| $31.2M | 0.01% |
318,129
+19,374
| +6% | +$1.81M |
|
|
AEL
1041
DELISTED
American Equity Investment Life Holding Company
AEL
| $31.1M | 0.01% |
864,276
+130,102
| +18% | +$4.2M |
|
1042
Healthcare Services Group
HCSG
$1.51B
| $31.1M | 0.01% |
720,009
+57,909
| +9% | +$2.3M |
|
1043
PENN Entertainment
PENN
$2.69B
| $31.1M | 0.01% |
925,214
+60,356
| +7% | +$1.89M |
|
1044
Diamondrock Hospitality Co
DRH
$2.59B
| $31M | 0.01% |
2,526,692
+339,495
| +16% | +$3.97M |
|
1045
CNO Financial Group
CNO
$5.14B
| $30.9M | 0.01% |
1,625,228
+158,559
| +11% | +$3.28M |
|
1046
InterDigital
IDCC
$8.47B
| $30.9M | 0.01% |
381,849
+55,242
| +17% | +$4.39M |
|
1047
VICI Properties
VICI
$29.2B
| $30.9M | 0.01% |
1,495,605
+851,416
| +132% | +$16.4M |
|
1048
Steven Madden
SHOO
$3.53B
| $30.9M | 0.01% |
871,938
+97,908
| +13% | +$3.28M |
|
1049
First Financial Bancorp
FFBC
$3.55B
| $30.8M | 0.01% |
1,006,301
+397,410
| +65% | +$12.4M |
|
1050
SiteOne Landscape Supply
SITE
$4.3B
| $30.8M | 0.01% |
366,449
+44,387
| +14% | +$3.51M |
|
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.