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 | |
|---|---|---|---|---|---|---|
1101
ACI Worldwide
ACIW
$5.61B
| $28.4M | 0.01% |
1,149,840
+86,063
| +8% | +$2.1M |
|
1102
Helen of Troy
HELE
$671M
| $28.3M | 0.01% |
287,321
+32,400
| +13% | +$2.95M |
|
1103
Protolabs
PRLB
$2.1B
| $28.2M | 0.01% |
237,163
+27,044
| +13% | +$3.31M |
|
|
SYNH
1104
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $28.2M | 0.01% |
600,987
+47,894
| +9% | +$1.98M |
|
|
TRCO
1105
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $28.2M | 0.01% |
735,806
+88,932
| +14% | +$3.37M |
|
1106
Unifirst Corp
UNF
$5.22B
| $28M | 0.01% |
158,558
+25,783
| +19% | +$4.41M |
|
1107
NorthWestern Energy
NWE
$4.32B
| $28M | 0.01% |
489,349
+46,234
| +10% | +$2.51M |
|
|
LM
1108
DELISTED
Legg Mason, Inc.
LM
| $28M | 0.01% |
805,724
+11,505
| +1% | +$436K |
|
1109
DigitalBridge
DBRG
$2.95B
| $28M | 0.01% |
1,120,210
-61,669
| -5% | -$1.47M |
|
1110
WaFd
WAFD
$2.77B
| $27.9M | 0.01% |
854,740
+67,972
| +9% | +$2.23M |
|
1111
Matador Resources
MTDR
$6.04B
| $27.9M | 0.01% |
929,272
+106,223
| +13% | +$3.2M |
|
1112
Community Bank
CBU
$3.44B
| $27.9M | 0.01% |
472,569
+38,371
| +9% | +$2.24M |
|
1113
Urban Edge Properties
UE
$2.71B
| $27.8M | 0.01% |
1,215,578
+120,097
| +11% | +$2.56M |
|
1114
HEICO Corp
HEI
$50.8B
| $27.6M | 0.01% |
378,640
+5,692
| +2% | +$413K |
|
1115
Armstrong World Industries
AWI
$7.78B
| $27.6M | 0.01% |
436,109
+16,743
| +4% | +$997K |
|
|
TEN
1116
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $27.4M | 0.01% |
624,182
+44,566
| +8% | +$2.15M |
|
|
DOC
1117
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $27.4M | 0.01% |
1,719,277
+205,917
| +14% | +$3.11M |
|
1118
Myriad Genetics
MYGN
$304M
| $27.4M | 0.01% |
733,021
+56,762
| +8% | +$1.92M |
|
1119
Commault Systems
CVLT
$5.53B
| $27.4M | 0.01% |
415,357
+34,081
| +9% | +$2.34M |
|
1120
Erie Indemnity
ERIE
$13.3B
| $27.3M | 0.01% |
232,397
+21,949
| +10% | +$2.54M |
|
|
ELME
1121
Elme Communities
ELME
$145M
| $27.2M | 0.01% |
898,340
+52,649
| +6% | +$1.51M |
|
|
LNW
1122
DELISTED
Light & Wonder
LNW
| $27.2M | 0.01% |
554,362
-27,471
| -5% | -$1.45M |
|
|
WMGI
1123
DELISTED
Wright Medical Group Inc
WMGI
| $27.2M | 0.01% |
1,049,367
+100,484
| +11% | +$2.3M |
|
1124
Skywest
SKYW
$4.4B
| $27.2M | 0.01% |
524,750
+47,335
| +10% | +$2.65M |
|
1125
Ironwood Pharmaceuticals
IRWD
$701M
| $27.2M | 0.01% |
1,700,008
+168,442
| +11% | +$2.49M |
|
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.