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 | |
|---|---|---|---|---|---|---|
1151
KBR
KBR
$4.74B
| $26.5M | 0.01% |
1,477,623
-27,604
| -2% | -$480K |
|
|
WBT
1152
DELISTED
Welbilt, Inc.
WBT
| $26.4M | 0.01% |
1,185,329
+41,836
| +4% | +$836K |
|
1153
Minerals Technologies
MTX
$2.34B
| $26.4M | 0.01% |
350,447
+23,755
| +7% | +$1.71M |
|
|
MNDT
1154
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $26.4M | 0.01% |
1,713,849
+61,251
| +4% | +$1.06M |
|
|
NUVA
1155
DELISTED
NuVasive, Inc.
NUVA
| $26.4M | 0.01% |
505,573
+42,998
| +9% | +$2.25M |
|
1156
BOK Financial
BOKF
$8.78B
| $26.3M | 0.01% |
280,078
+8,610
| +3% | +$873K |
|
|
CVSA
1157
Covista Inc
CVSA
$4.23B
| $26.3M | 0.01% |
547,331
+31,045
| +6% | +$1.48M |
|
1158
Boyd Gaming
BYD
$6.11B
| $26.3M | 0.01% |
758,823
+61,094
| +9% | +$2.15M |
|
1159
GATX Corp
GATX
$6.31B
| $26.2M | 0.01% |
353,074
+30,710
| +10% | +$2.16M |
|
|
THS
1160
DELISTED
Treehouse Foods
THS
| $26.2M | 0.01% |
498,424
-50,375
| -9% | -$2.28M |
|
|
SWN
1161
DELISTED
Southwestern Energy Company
SWN
| $26.2M | 0.01% |
4,938,403
+353,646
| +8% | +$1.64M |
|
|
FMBI
1162
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $26.1M | 0.01% |
1,026,676
+96,734
| +10% | +$2.47M |
|
1163
Jack in the Box
JACK
$331M
| $26.1M | 0.01% |
307,084
+42,700
| +16% | +$3.69M |
|
|
QEP
1164
DELISTED
QEP RESOURCES, INC.
QEP
| $26.1M | 0.01% |
2,129,576
+63,667
| +3% | +$757K |
|
1165
John Wiley & Sons Class A
WLY
$2.72B
| $26M | 0.01% |
417,209
+13,459
| +3% | +$894K |
|
|
AGR
1166
DELISTED
Avangrid, Inc.
AGR
| $26M | 0.01% |
491,316
+25,057
| +5% | +$1.3M |
|
1167
Edgewell Personal Care
EPC
$1.3B
| $26M | 0.01% |
514,885
+9,137
| +2% | +$420K |
|
1168
AMN Healthcare
AMN
$1.19B
| $26M | 0.01% |
443,108
+39,244
| +10% | +$2.34M |
|
|
CSOD
1169
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $25.9M | 0.01% |
547,072
+46,555
| +9% | +$2.17M |
|
|
BPMC
1170
DELISTED
Blueprint Medicines
BPMC
| $25.9M | 0.01% |
407,811
+31,415
| +8% | +$2.5M |
|
|
BLD
1171
DELISTED
TopBuild
BLD
| $25.8M | 0.01% |
329,121
+18,759
| +6% | +$1.51M |
|
1172
Progress Software
PRGS
$1.71B
| $25.7M | 0.01% |
661,695
+72,422
| +12% | +$2.75M |
|
|
JBTM
1173
JBT Marel
JBTM
$6.36B
| $25.6M | 0.01% |
288,530
+20,769
| +8% | +$2.03M |
|
|
CHSP
1174
DELISTED
Chesapeake Lodging Trust
CHSP
| $25.6M | 0.01% |
810,626
+113,328
| +16% | +$3.46M |
|
1175
QuidelOrtho
QDEL
$1.11B
| $25.6M | 0.01% |
385,536
+7,091
| +2% | +$428K |
|
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.