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 | |
|---|---|---|---|---|---|---|
1276
Designer Brands
DBI
$336M
| $22M | 0.01% |
852,798
-11,799
| -1% | -$282K |
|
1277
Element Solutions
ESI
$9.37B
| $21.9M | 0.01% |
1,891,508
+94,321
| +5% | +$1.03M |
|
|
ARNA
1278
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $21.9M | 0.01% |
502,640
+57,541
| +13% | +$2.47M |
|
1279
Snap
SNAP
$8.83B
| $21.8M | 0.01% |
1,667,600
+171,934
| +11% | +$2.22M |
|
1280
Red Rock Resorts
RRR
$3.68B
| $21.8M | 0.01% |
649,391
+45,712
| +8% | +$1.49M |
|
1281
Towne Bank
TOWN
$3.44B
| $21.7M | 0.01% |
675,905
+72,975
| +12% | +$2.27M |
|
1282
WD-40
WDFC
$3.1B
| $21.7M | 0.01% |
148,314
+18,876
| +15% | +$2.6M |
|
1283
OneMain Financial
OMF
$7.48B
| $21.7M | 0.01% |
650,911
+29,511
| +5% | +$955K |
|
1284
Match Group
MTCH
$8.54B
| $21.6M | 0.01% |
557,132
+77,887
| +16% | +$3.27M |
|
1285
Children's Place
PLCE
$58.9M
| $21.6M | 0.01% |
178,556
-2,970
| -2% | -$385K |
|
|
AHL
1286
DELISTED
ASPEN Insurance Holding Limited
AHL
| $21.6M | 0.01% |
529,535
+20,717
| +4% | +$894K |
|
1287
Pegasystems
PEGA
$5.21B
| $21.5M | 0.01% |
785,836
+14,958
| +2% | +$459K |
|
|
ARCH
1288
DELISTED
Arch Resources, Inc.
ARCH
| $21.5M | 0.01% |
274,150
+14,885
| +6% | +$1.27M |
|
|
CRZO
1289
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $21.5M | 0.01% |
771,029
+70,385
| +10% | +$1.62M |
|
1290
Empire State Realty Trust
ESRT
$843M
| $21.4M | 0.01% |
1,252,500
+77,541
| +7% | +$1.31M |
|
1291
United Natural Foods
UNFI
$2.9B
| $21.4M | 0.01% |
501,459
+31,310
| +7% | +$1.38M |
|
1292
Murphy USA
MUSA
$9.9B
| $21.4M | 0.01% |
287,827
+8,748
| +3% | +$604K |
|
1293
Walker & Dunlop
WD
$1.52B
| $21.3M | 0.01% |
383,245
+59,115
| +18% | +$3.41M |
|
1294
Regenxbio
RGNX
$722M
| $21.3M | 0.01% |
297,167
+36,755
| +14% | +$1.76M |
|
1295
Ubiquiti
UI
$34.3B
| $21.3M | 0.01% |
251,575
+7,553
| +3% | +$592K |
|
1296
WesBanco
WSBC
$4B
| $21.3M | 0.01% |
472,633
+62,475
| +15% | +$2.83M |
|
1297
Power Integrations
POWI
$3.29B
| $21.3M | 0.01% |
582,514
+40,724
| +8% | +$1.48M |
|
1298
Renasant Corp
RNST
$3.96B
| $21.3M | 0.01% |
467,213
+53,891
| +13% | +$2.51M |
|
|
MIK
1299
DELISTED
Michaels Stores, Inc
MIK
| $21.3M | 0.01% |
1,109,327
+62,269
| +6% | +$1.18M |
|
|
NVRO
1300
DELISTED
NEVRO CORP.
NVRO
| $21.1M | 0.01% |
264,437
+23,015
| +10% | +$1.91M |
|
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.