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 | |
|---|---|---|---|---|---|---|
|
CVA
1351
DELISTED
Covanta Holding Corporation
CVA
| $19.9M | 0.01% |
1,205,312
+73,313
| +6% | +$1.15M |
|
1352
Monro
MNRO
$402M
| $19.9M | 0.01% |
341,925
+42,873
| +14% | +$2.42M |
|
|
WPG
1353
DELISTED
Washington Prime Group Inc.
WPG
| $19.9M | 0.01% |
271,987
+14,729
| +6% | +$951K |
|
1354
NETGEAR
NTGR
$648M
| $19.8M | 0.01% |
317,431
+30,499
| +11% | +$1.85M |
|
1355
Emergent Biosolutions
EBS
$273M
| $19.8M | 0.01% |
392,859
+56,978
| +17% | +$2.97M |
|
1356
Liberty Broadband Class A
LBRDA
$5.24B
| $19.8M | 0.01% |
261,186
+15,222
| +6% | +$1.15M |
|
1357
Enanta Pharmaceuticals
ENTA
$385M
| $19.7M | 0.01% |
170,398
+18,078
| +12% | +$1.8M |
|
1358
Sally Beauty Holdings
SBH
$1.52B
| $19.7M | 0.01% |
1,232,062
+139,074
| +13% | +$2.21M |
|
1359
Synaptics
SYNA
$4B
| $19.7M | 0.01% |
390,987
-26,292
| -6% | -$1.19M |
|
1360
Eagle Bancorp
EGBN
$852M
| $19.7M | 0.01% |
320,763
+23,005
| +8% | +$1.4M |
|
1361
iShares MSCI India ETF
INDA
$6.6B
| – | – |
0
| – | – |
|
|
HMSY
1362
DELISTED
HMS Holdings Corp.
HMSY
| $19.6M | 0.01% |
907,802
+35,878
| +4% | +$725K |
|
1363
FIVE9
FIVN
$2.24B
| $19.6M | 0.01% |
567,561
+66,485
| +13% | +$2.15M |
|
1364
Stepan Co
SCL
$1.47B
| $19.6M | 0.01% |
251,211
+44,261
| +21% | +$3.38M |
|
1365
Otter Tail
OTTR
$3.91B
| $19.5M | 0.01% |
409,944
+31,946
| +8% | +$1.44M |
|
1366
Banner Corp
BANR
$2.4B
| $19.5M | 0.01% |
324,228
+14,163
| +5% | +$832K |
|
|
TUP
1367
DELISTED
Tupperware Brands Corporation
TUP
| $19.5M | 0.01% |
472,703
+50,259
| +12% | +$2.2M |
|
|
XLRN
1368
DELISTED
Acceleron Pharma
XLRN
| $19.4M | 0.01% |
399,975
+34,637
| +9% | +$1.26M |
|
1369
EXL Service
EXLS
$5.22B
| $19.4M | 0.01% |
1,712,810
+212,045
| +14% | +$2.42M |
|
1370
American States Water
AWR
$3.38B
| $19.4M | 0.01% |
339,165
+19,946
| +6% | +$1.11M |
|
|
LTXB
1371
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $19.4M | 0.01% |
496,008
+53,859
| +12% | +$2.28M |
|
|
SC
1372
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $19.3M | 0.01% |
1,011,948
-43,653
| -4% | -$796K |
|
|
TVTY
1373
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $19.3M | 0.01% |
548,163
+146,454
| +36% | +$5.4M |
|
|
HA
1374
DELISTED
Hawaiian Holdings, Inc.
HA
| $19.3M | 0.01% |
535,786
-70,422
| -12% | -$2.71M |
|
|
GCP
1375
DELISTED
GCP Applied Technologies Inc.
GCP
| $19.3M | 0.01% |
664,951
+51,587
| +8% | +$1.56M |
|
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.