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 | |
|---|---|---|---|---|---|---|
|
IRBT
1326
DELISTED
iRobot
IRBT
| $20.6M | 0.01% |
271,968
+21,443
| +9% | +$1.42M |
|
1327
Quaker Houghton
KWR
$2.9B
| $20.6M | 0.01% |
132,854
+22,261
| +20% | +$3.42M |
|
1328
Ingersoll Rand
IR
$34.4B
| $20.5M | 0.01% |
699,179
+119,589
| +21% | +$3.76M |
|
1329
Sanmina
SANM
$10.9B
| $20.5M | 0.01% |
700,989
+42,718
| +6% | +$1.26M |
|
1330
First Merchants
FRME
$2.69B
| $20.5M | 0.01% |
442,162
+58,975
| +15% | +$2.64M |
|
1331
La-Z-Boy
LZB
$1.63B
| $20.5M | 0.01% |
669,171
+50,976
| +8% | +$1.57M |
|
1332
Saia
SAIA
$9.63B
| $20.5M | 0.01% |
253,247
+18,786
| +8% | +$1.45M |
|
1333
Novanta
NOVT
$5.98B
| $20.5M | 0.01% |
328,433
+22,223
| +7% | +$1.36M |
|
1334
Compass Minerals
CMP
$1.05B
| $20.4M | 0.01% |
310,073
+27,750
| +10% | +$1.85M |
|
1335
TAL Education Group
TAL
$6.8B
| $20.3M | 0.01% |
557,399
+19,598
| +4% | +$771K |
|
1336
Rogers Corp
ROG
$2.38B
| $20.3M | 0.01% |
182,174
+29,705
| +19% | +$3.47M |
|
1337
Prestige Consumer Healthcare
PBH
$2.52B
| $20.3M | 0.01% |
528,922
+61,432
| +13% | +$2.07M |
|
|
SPPI
1338
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $20.3M | 0.01% |
968,536
+139,893
| +17% | +$2.59M |
|
1339
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$146M
| – | – |
0
| – | – |
|
|
AJRD
1340
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $20.3M | 0.01% |
687,340
+69,519
| +11% | +$2.01M |
|
|
DCH
1341
Dauch Corp
DCH
$1.37B
| $20.2M | 0.01% |
1,301,242
+73,910
| +6% | +$1.19M |
|
1342
Builders FirstSource
BLDR
$7.82B
| $20.2M | 0.01% |
1,106,111
+32,871
| +3% | +$628K |
|
|
FNSR
1343
DELISTED
Finisar Corp
FNSR
| $20.2M | 0.01% |
1,123,620
+95,187
| +9% | +$1.58M |
|
1344
Silgan Holdings
SLGN
$4.43B
| $20.1M | 0.01% |
751,058
+73,176
| +11% | +$2.01M |
|
1345
Omnicell
OMCL
$1.65B
| $20.1M | 0.01% |
383,931
+40,445
| +12% | +$1.9M |
|
1346
Cars.com
CARS
$637M
| $20.1M | 0.01% |
708,053
+101,580
| +17% | +$2.79M |
|
1347
Watts Water Technologies
WTS
$12.5B
| $20.1M | 0.01% |
255,819
+16,944
| +7% | +$1.32M |
|
|
CSFL
1348
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $20.1M | 0.01% |
672,496
+68,100
| +11% | +$2.02M |
|
|
AVYA
1349
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $20M | 0.01% |
998,349
+259,903
| +35% | +$5.74M |
|
|
ABAX
1350
DELISTED
Abaxis Inc
ABAX
| $20M | 0.01% |
240,508
+26,857
| +13% | +$2.06M |
|
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.