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 | |
|---|---|---|---|---|---|---|
|
WWE
1126
DELISTED
World Wrestling Entertainment
WWE
| $27.2M | 0.01% |
372,893
+10,033
| +3% | +$508K |
|
|
DLPH
1127
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $27.1M | 0.01% |
596,988
-63,299
| -10% | -$3.16M |
|
|
SAFM
1128
DELISTED
Sanderson Farms Inc
SAFM
| $27.1M | 0.01% |
257,924
+10,003
| +4% | +$1.09M |
|
|
PRSP
1129
DELISTED
Perspecta Inc. Common Stock
PRSP
| $27.1M | 0.01% |
+1,320,216
| New | +$29.6M |
|
1130
MillerKnoll
MLKN
$1.61B
| $27.1M | 0.01% |
799,483
+77,614
| +11% | +$2.57M |
|
1131
Exponent
EXPO
$3.21B
| $27.1M | 0.01% |
560,355
+68,075
| +14% | +$3.12M |
|
1132
Enovis
ENOV
$1.51B
| $27.1M | 0.01% |
512,940
+1,372
| +0.3% | +$74.1K |
|
1133
Cirrus Logic
CRUS
$6.23B
| $27M | 0.01% |
705,351
-3,087
| -0.4% | -$118K |
|
|
AERI
1134
DELISTED
Aerie Pharmaceuticals
AERI
| $27M | 0.01% |
400,169
+61,492
| +18% | +$3.44M |
|
|
VG
1135
DELISTED
Vonage Holdings Corporation
VG
| $27M | 0.01% |
2,095,267
+318,716
| +18% | +$3.65M |
|
1136
Timken Company
TKR
$8.92B
| $26.9M | 0.01% |
618,782
-2,229
| -0.4% | -$104K |
|
|
UNVR
1137
DELISTED
Univar Solutions Inc.
UNVR
| $26.9M | 0.01% |
1,025,493
+86,726
| +9% | +$2.4M |
|
|
B
1138
DELISTED
Barnes Group Inc.
B
| $26.9M | 0.01% |
456,442
+33,277
| +8% | +$1.97M |
|
|
CADE
1139
DELISTED
Cadence Bank
CADE
| $26.9M | 0.01% |
815,518
+97,703
| +14% | +$3.27M |
|
|
ONCE
1140
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $26.8M | 0.01% |
324,142
+30,076
| +10% | +$2.32M |
|
1141
Kennametal
KMT
$2.58B
| $26.8M | 0.01% |
747,059
+35,442
| +5% | +$1.36M |
|
1142
Dycom Industries
DY
$12B
| $26.8M | 0.01% |
283,434
+21,773
| +8% | +$2.23M |
|
1143
U-Haul Holding Co
UHAL
$14.7B
| $26.8M | 0.01% |
751,950
+85,640
| +13% | +$2.98M |
|
|
SUM
1144
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $26.8M | 0.01% |
1,036,490
+96,028
| +10% | +$2.68M |
|
1145
Old National Bancorp
ONB
$10.2B
| $26.7M | 0.01% |
1,437,595
+184,714
| +15% | +$3.29M |
|
1146
Federated Hermes
FHI
$4.72B
| $26.7M | 0.01% |
1,143,350
-203,679
| -15% | -$5.44M |
|
|
SJI
1147
DELISTED
South Jersey Industries, Inc.
SJI
| $26.7M | 0.01% |
796,613
+94,137
| +13% | +$2.95M |
|
1148
AMC Global Media
AMCX
$490M
| $26.7M | 0.01% |
428,634
-26,887
| -6% | -$1.53M |
|
1149
Thomson Reuters
TRI
$43.7B
| $26.6M | 0.01% |
569,487
+127,219
| +29% | +$5.85M |
|
1150
RH
RH
$3.56B
| $26.6M | 0.01% |
190,123
+27,323
| +17% | +$2.96M |
|
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.