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 | |
|---|---|---|---|---|---|---|
1176
Sprouts Farmers Market
SFM
$8.13B
| $25.6M | 0.01% |
1,160,869
+38,417
| +3% | +$869K |
|
1177
Clean Harbors
CLH
$16.2B
| $25.6M | 0.01% |
460,087
+24,516
| +6% | +$1.26M |
|
1178
Choice Hotels
CHH
$4.99B
| $25.5M | 0.01% |
337,869
+42,060
| +14% | +$3.37M |
|
1179
Telephone and Data Systems
TDS
$4.1B
| $25.5M | 0.01% |
930,585
+95,100
| +11% | +$2.58M |
|
1180
Acadia Realty Trust
AKR
$2.84B
| $25.5M | 0.01% |
931,886
+45,275
| +5% | +$1.14M |
|
|
CRC
1181
DELISTED
California Resources Corporation
CRC
| $25.5M | 0.01% |
561,042
+229,005
| +69% | +$7.25M |
|
|
ROIC
1182
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $25.4M | 0.01% |
1,325,353
+20,165
| +2% | +$359K |
|
1183
AutoNation
AN
$6.99B
| $25.4M | 0.01% |
522,439
+8,521
| +2% | +$404K |
|
|
CZR
1184
DELISTED
Caesars Entertainment Corporation
CZR
| $25.4M | 0.01% |
2,370,547
+1,094,877
| +86% | +$12.8M |
|
1185
Tenet Healthcare
THC
$20.7B
| $25.3M | 0.01% |
754,788
+69,522
| +10% | +$2.16M |
|
1186
Heron Therapeutics
HRTX
$94.5M
| $25.2M | 0.01% |
647,611
+171,911
| +36% | +$5.47M |
|
|
ESGR
1187
DELISTED
Enstar Group
ESGR
| $25.2M | 0.01% |
121,360
+16,657
| +16% | +$3.52M |
|
|
PTLA
1188
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $25.2M | 0.01% |
665,910
+71,234
| +12% | +$2.72M |
|
1189
Coca-Cola Europacific Partners
CCEP
$47.9B
| $25.1M | 0.01% |
621,924
+33,150
| +6% | +$1.31M |
|
1190
Merit Medical Systems
MMSI
$5.24B
| $25.1M | 0.01% |
490,404
+31,778
| +7% | +$1.57M |
|
1191
Simmons First National
SFNC
$3.4B
| $25.1M | 0.01% |
839,603
+108,006
| +15% | +$3.3M |
|
|
LEXEA
1192
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $25.1M | 0.01% |
570,968
+58,645
| +11% | +$2.45M |
|
|
MDCO
1193
DELISTED
Medicines Co
MDCO
| $25.1M | 0.01% |
683,399
+42,833
| +7% | +$1.39M |
|
1194
Applied Industrial Technologies
AIT
$13.3B
| $25M | 0.01% |
356,136
+23,376
| +7% | +$1.66M |
|
1195
H.B. Fuller
FUL
$3.18B
| $24.9M | 0.01% |
464,672
+41,066
| +10% | +$2.13M |
|
1196
NETSCOUT
NTCT
$2.92B
| $24.9M | 0.01% |
837,692
-51,187
| -6% | -$1.42M |
|
|
MDRX
1197
DELISTED
Veradigm Inc. Common Stock
MDRX
| $24.9M | 0.01% |
2,072,775
+133,102
| +7% | +$1.64M |
|
|
FCB
1198
DELISTED
FCB Financial Holdings, Inc.
FCB
| $24.8M | 0.01% |
421,777
+64,630
| +18% | +$3.79M |
|
|
AMED
1199
DELISTED
Amedisys
AMED
| $24.8M | 0.01% |
290,110
+17,556
| +6% | +$1.29M |
|
|
KW
1200
DELISTED
Kennedy-Wilson Holdings
KW
| $24.8M | 0.01% |
1,172,059
+45,127
| +4% | +$884K |
|
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.