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 | |
|---|---|---|---|---|---|---|
1076
Melco Resorts & Entertainment
MLCO
$2.14B
| $29.6M | 0.01% |
1,066,004
+161,657
| +18% | +$4.95M |
|
|
HZNP
1077
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $29.5M | 0.01% |
1,781,485
+158,118
| +10% | +$2.41M |
|
1078
Wendy's
WEN
$1.41B
| $29.5M | 0.01% |
1,715,979
+56,876
| +3% | +$968K |
|
1079
Cable One
CABO
$252M
| $29.4M | 0.01% |
40,095
+867
| +2% | +$588K |
|
1080
Hain Celestial
HAIN
$53.5M
| $29.4M | 0.01% |
985,215
+35,908
| +4% | +$1.03M |
|
1081
SITE Centers
SITC
$164M
| $29.3M | 0.01% |
2,627,386
+111,531
| +4% | +$1.11M |
|
1082
ATI
ATI
$30.5B
| $29.2M | 0.01% |
1,163,817
+107,442
| +10% | +$2.91M |
|
1083
Amdocs
DOX
$6.28B
| $29.2M | 0.01% |
441,170
-144,641
| -25% | -$9.73M |
|
|
BECN
1084
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $28.9M | 0.01% |
678,268
-72,566
| -10% | -$3.34M |
|
|
VRNT
1085
DELISTED
Verint Systems
VRNT
| $28.9M | 0.01% |
1,278,282
+77,275
| +6% | +$1.68M |
|
|
MZTI
1086
The Marzetti Company
MZTI
$3.02B
| $28.8M | 0.01% |
208,153
+28,994
| +16% | +$3.72M |
|
|
KS
1087
DELISTED
KapStone Paper and Pack Corp.
KS
| $28.8M | 0.01% |
835,002
+73,958
| +10% | +$2.55M |
|
1088
Qualys
QLYS
$6.29B
| $28.7M | 0.01% |
340,677
+43,479
| +15% | +$3.49M |
|
1089
National Health Investors
NHI
$3.65B
| $28.7M | 0.01% |
389,557
+31,336
| +9% | +$2.21M |
|
|
TXNM
1090
TXNM Energy Inc
TXNM
$5.92B
| $28.7M | 0.01% |
737,681
+33,447
| +5% | +$1.28M |
|
|
CHX
1091
DELISTED
ChampionX
CHX
| $28.7M | 0.01% |
+686,326
| New | +$28.1M |
|
1092
ScottsMiracle-Gro
SMG
$3.61B
| $28.6M | 0.01% |
344,336
-73,294
| -18% | -$6.13M |
|
1093
TC Energy
TRP
$66.6B
| $28.6M | 0.01% |
665,916
+35,277
| +6% | +$1.5M |
|
|
FNGN
1094
DELISTED
Financial Engines, Inc.
FNGN
| $28.6M | 0.01% |
635,933
-132,040
| -17% | -$5.45M |
|
|
TVPT
1095
DELISTED
Travelport Worldwide Limited
TVPT
| $28.5M | 0.01% |
1,539,571
+27,850
| +2% | +$487K |
|
1096
KB Home
KBH
$3.49B
| $28.5M | 0.01% |
1,047,747
+95,199
| +10% | +$2.56M |
|
1097
Belden
BDC
$5.05B
| $28.5M | 0.01% |
466,620
+108,024
| +30% | +$6.62M |
|
1098
Zurn Elkay Water Solutions
ZWS
$8.6B
| $28.5M | 0.01% |
2,034,461
+210,271
| +12% | +$2.97M |
|
1099
Credicorp
BAP
$31.2B
| $28.4M | 0.01% |
127,238
+1,512
| +1% | +$344K |
|
1100
Rexford Industrial Realty
REXR
$8.14B
| $28.4M | 0.01% |
904,877
+114,841
| +15% | +$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.