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 | |
|---|---|---|---|---|---|---|
1301
Artisan Partners
APAM
$3.04B
| $21.1M | 0.01% |
698,676
+110,705
| +19% | +$3.59M |
|
1302
First Hawaiian
FHB
$3.36B
| $21.1M | 0.01% |
725,591
+156,424
| +27% | +$4.51M |
|
1303
Pricesmart
PSMT
$5.68B
| $21M | 0.01% |
232,563
+19,932
| +9% | +$1.73M |
|
1304
Equitable Holdings
EQH
$14.2B
| $21M | 0.01% |
+1,019,397
| New | +$21.7M |
|
|
CSGS
1305
DELISTED
CSG Systems International
CSGS
| $21M | 0.01% |
514,044
+57,931
| +13% | +$2.46M |
|
1306
Brinker International
EAT
$9.76B
| $21M | 0.01% |
441,247
+54,131
| +14% | +$2.4M |
|
|
MINI
1307
DELISTED
Mobile Mini Inc
MINI
| $21M | 0.01% |
447,682
+31,381
| +8% | +$1.42M |
|
1308
iShares MSCI Taiwan ETF
EWT
$10.6B
| – | – |
0
| – | – |
|
|
ECHO
1309
EchoStar
ECHO
$25.1B
| $21M | 0.01% |
582,932
+28,208
| +5% | +$1.15M |
|
|
SFBS
1310
ServisFirst Bancshares
SFBS
$4.88B
| $20.9M | 0.01% |
501,107
+64,048
| +15% | +$2.74M |
|
1311
Nabors Industries
NBR
$1.23B
| $20.9M | 0.01% |
65,239
+8,037
| +14% | +$2.95M |
|
1312
Dorman Products
DORM
$4.13B
| $20.9M | 0.01% |
306,071
+32,229
| +12% | +$2.17M |
|
|
ENDP
1313
DELISTED
Endo International plc
ENDP
| $20.8M | 0.01% |
2,211,089
+349,497
| +19% | +$2.35M |
|
1314
FTI Consulting
FCN
$4.18B
| $20.8M | 0.01% |
344,564
+12,732
| +4% | +$739K |
|
1315
Itron
ITRI
$4.52B
| $20.8M | 0.01% |
346,982
+31,188
| +10% | +$1.98M |
|
1316
Rush Enterprises Class A
RUSHA
$6.24B
| $20.8M | 0.01% |
1,078,547
+15,087
| +1% | +$286K |
|
|
WDR
1317
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $20.8M | 0.01% |
1,155,482
+137,906
| +14% | +$2.68M |
|
1318
Genworth Financial
GNW
$3.72B
| $20.8M | 0.01% |
4,612,052
+329,885
| +8% | +$1.14M |
|
1319
LCI Industries
LCII
$2.59B
| $20.7M | 0.01% |
230,045
+18,274
| +9% | +$1.7M |
|
|
VRE
1320
DELISTED
Veris Residential
VRE
| $20.7M | 0.01% |
1,020,613
+85,028
| +9% | +$1.57M |
|
1321
Lithia Motors
LAD
$8.24B
| $20.7M | 0.01% |
218,757
+15,921
| +8% | +$1.58M |
|
|
SLCA
1322
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $20.7M | 0.01% |
804,609
+75,962
| +10% | +$2.23M |
|
|
ESV
1323
DELISTED
Ensco Rowan plc
ESV
| $20.7M | 0.01% |
711,295
-189,327
| -21% | -$4.64M |
|
|
GPOR
1324
DELISTED
Gulfport Energy Corp.
GPOR
| $20.7M | 0.01% |
1,643,177
+121,686
| +8% | +$1.26M |
|
1325
Abercrombie & Fitch
ANF
$4.93B
| $20.6M | 0.01% |
842,730
+259,086
| +44% | +$6.78M |
|
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.