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 | |
|---|---|---|---|---|---|---|
|
LHCG
1201
DELISTED
LHC Group LLC
LHCG
| $24.8M | 0.01% |
289,626
+140,067
| +94% | +$10.7M |
|
|
SRCI
1202
DELISTED
SRC Energy Inc
SRCI
| $24.8M | 0.01% |
2,247,470
+226,158
| +11% | +$2.52M |
|
1203
STAG Industrial
STAG
$7.1B
| $24.7M | 0.01% |
908,754
+131,929
| +17% | +$3.37M |
|
1204
Outfront Media
OUT
$5.48B
| $24.7M | 0.01% |
1,290,409
+82,881
| +7% | +$1.58M |
|
1205
Cooper-Standard Automotive
CPS
$491M
| $24.7M | 0.01% |
188,897
+812
| +0.4% | +$105K |
|
1206
Medifast
MED
$136M
| $24.7M | 0.01% |
154,105
-33,718
| -18% | -$4.31M |
|
1207
Tanger
SKT
$4.52B
| $24.7M | 0.01% |
1,050,244
+45,360
| +5% | +$998K |
|
1208
Cheesecake Factory
CAKE
$5.34B
| $24.6M | 0.01% |
446,676
+57,665
| +15% | +$3.05M |
|
1209
Axos Financial
AX
$5.78B
| $24.6M | 0.01% |
601,117
+74,708
| +14% | +$3.11M |
|
1210
AerCap
AER
$24.4B
| $24.6M | 0.01% |
456,065
+33,691
| +8% | +$1.81M |
|
1211
Coherent
COHR
$65.4B
| $24.5M | 0.01% |
564,687
+56,434
| +11% | +$2.49M |
|
1212
New Oriental
EDU
$9.04B
| $24.5M | 0.01% |
261,103
+21,488
| +9% | +$2.06M |
|
1213
O-I Glass
OI
$1.09B
| $24.5M | 0.01% |
1,459,303
+48,522
| +3% | +$937K |
|
1214
Marriott Vacations Worldwide
VAC
$4.28B
| $24.5M | 0.01% |
216,596
+22,529
| +12% | +$2.78M |
|
|
WCC
1215
WESCO International
WCC
$18.1B
| $24.4M | 0.01% |
427,304
+26,441
| +7% | +$1.6M |
|
1216
White Mountains Insurance
WTM
$5.3B
| $24.4M | 0.01% |
26,901
-5,993
| -18% | -$5.28M |
|
|
CVG
1217
DELISTED
Convergys
CVG
| $24.3M | 0.01% |
992,452
+54,592
| +6% | +$1.3M |
|
|
TPH
1218
DELISTED
Tri Pointe Homes
TPH
| $24.2M | 0.01% |
1,478,643
+203,528
| +16% | +$3.46M |
|
1219
Advanced Energy
AEIS
$13B
| $24.2M | 0.01% |
416,227
+20,866
| +5% | +$1.32M |
|
1220
SM Energy
SM
$6.88B
| $24.1M | 0.01% |
937,476
+43,115
| +5% | +$1.01M |
|
1221
RLI Corp
RLI
$5.91B
| $24.1M | 0.01% |
727,240
+44,126
| +6% | +$1.45M |
|
1222
Trade Desk
TTD
$8.31B
| $24M | 0.01% |
2,556,080
+484,690
| +23% | +$3.42M |
|
1223
Oceaneering
OII
$4.9B
| $23.9M | 0.01% |
939,165
+86,579
| +10% | +$1.94M |
|
1224
Caesars Entertainment
CZR
$6.12B
| $23.9M | 0.01% |
610,539
+98,940
| +19% | +$4.09M |
|
1225
Simpson Manufacturing
SSD
$7.96B
| $23.8M | 0.01% |
382,830
+22,433
| +6% | +$1.36M |
|
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.