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 | |
|---|---|---|---|---|---|---|
|
MGLN
1051
DELISTED
Magellan Health Services, Inc.
MGLN
| $30.7M | 0.01% |
319,596
+33,846
| +12% | +$3.24M |
|
1052
Moog Inc Class A
MOG.A
$13B
| $30.6M | 0.01% |
392,673
+41,445
| +12% | +$3.41M |
|
|
P
1053
Everpure Inc
P
$29B
| $30.6M | 0.01% |
1,281,335
+30,262
| +2% | +$665K |
|
1054
RBC Bearings
RBC
$17.9B
| $30.6M | 0.01% |
237,220
+14,976
| +7% | +$1.86M |
|
1055
New York Times
NYT
$10.4B
| $30.5M | 0.01% |
1,178,772
+101,006
| +9% | +$2.38M |
|
1056
Darling Ingredients
DAR
$9.62B
| $30.5M | 0.01% |
1,534,820
+145,196
| +10% | +$2.63M |
|
|
PDM
1057
Piedmont Realty Trust
PDM
$1.18B
| $30.4M | 0.01% |
1,527,298
-18,451
| -1% | -$342K |
|
1058
Dana Inc
DAN
$2.94B
| $30.4M | 0.01% |
1,505,884
+225,434
| +18% | +$5.36M |
|
|
AAN.A
1059
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $30.3M | 0.01% |
697,633
+43,605
| +7% | +$1.89M |
|
1060
Black Hills Corp
BKH
$5.54B
| $30.3M | 0.01% |
495,062
+49,460
| +11% | +$2.81M |
|
1061
TriNet
TNET
$3.06B
| $30.2M | 0.01% |
540,657
+36,546
| +7% | +$1.92M |
|
1062
MasTec
MTZ
$20.8B
| $30.2M | 0.01% |
594,526
+25,556
| +4% | +$1.23M |
|
1063
Hilton Grand Vacations
HGV
$3.61B
| $30.1M | 0.01% |
868,050
+71,407
| +9% | +$2.89M |
|
|
MIC
1064
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $30.1M | 0.01% |
713,245
-10,521
| -1% | -$413K |
|
1065
Wolverine World Wide
WWW
$1.56B
| $30.1M | 0.01% |
865,362
+60,718
| +8% | +$1.97M |
|
|
FOLD
1066
DELISTED
Amicus Therapeutics
FOLD
| $30M | 0.01% |
1,921,442
+179,629
| +10% | +$2.72M |
|
1067
Teladoc Health
TDOC
$1.21B
| $30M | 0.01% |
516,483
+69,014
| +15% | +$3.37M |
|
1068
Performance Food Group
PFGC
$18B
| $30M | 0.01% |
816,154
+53,746
| +7% | +$1.82M |
|
1069
Columbia Banking Systems
COLB
$8.78B
| $29.9M | 0.01% |
732,034
+59,291
| +9% | +$2.53M |
|
1070
Box
BOX
$4.41B
| $29.9M | 0.01% |
1,195,020
-22,897
| -2% | -$568K |
|
|
CXP
1071
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $29.9M | 0.01% |
1,314,538
+60,336
| +5% | +$1.31M |
|
|
WFT
1072
DELISTED
Weatherford International plc
WFT
| $29.8M | 0.01% |
9,071,595
+320,749
| +4% | +$999K |
|
|
HI
1073
DELISTED
Hillenbrand
HI
| $29.7M | 0.01% |
630,139
+68,324
| +12% | +$3.2M |
|
1074
International Bancshares
IBOC
$4.67B
| $29.7M | 0.01% |
693,520
+52,039
| +8% | +$2.18M |
|
1075
Zillow
ZG
$7.59B
| $29.6M | 0.01% |
495,314
+6,923
| +1% | +$383K |
|
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.