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 | |
|---|---|---|---|---|---|---|
|
KAMN
1376
DELISTED
Kaman Corp
KAMN
| $19.2M | 0.01% |
276,188
+36,162
| +15% | +$2.45M |
|
1377
Q2 Holdings
QTWO
$3.91B
| $19.2M | 0.01% |
336,475
+55,695
| +20% | +$3.04M |
|
1378
JELD-WEN Holding
JELD
$157M
| $19.2M | 0.01% |
670,233
+69,599
| +12% | +$2.02M |
|
1379
Franklin Electric
FELE
$4.83B
| $19.1M | 0.01% |
424,336
+42,130
| +11% | +$1.88M |
|
1380
CONMED
CNMD
$1.48B
| $19.1M | 0.01% |
261,318
+24,472
| +10% | +$1.66M |
|
|
PINC
1381
DELISTED
Premier
PINC
| $19.1M | 0.01% |
525,468
+10,734
| +2% | +$356K |
|
1382
Qiagen
QGEN
$8.58B
| $19.1M | 0.01% |
497,600
-4,492
| -0.9% | -$165K |
|
|
AXE
1383
DELISTED
Anixter International Inc
AXE
| $19.1M | 0.01% |
301,140
+15,991
| +6% | +$1.07M |
|
|
ESL
1384
DELISTED
Esterline Technologies
ESL
| $19.1M | 0.01% |
258,166
+19,122
| +8% | +$1.41M |
|
|
BID
1385
DELISTED
Sotheby's
BID
| $19M | 0.01% |
350,414
+21,669
| +7% | +$1.2M |
|
1386
G-III Apparel Group
GIII
$1.52B
| $19M | 0.01% |
428,815
+44,077
| +11% | +$1.79M |
|
|
LTC
1387
LTC Properties
LTC
$1.99B
| $19M | 0.01% |
444,674
+41,523
| +10% | +$1.63M |
|
|
RYAM.PRA
1388
DELISTED
Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
| – | – |
0
| – | – |
|
1389
Ormat Technologies
ORA
$6.6B
| $18.9M | 0.01% |
355,869
+45,103
| +15% | +$2.46M |
|
1390
Cavco Industries
CVCO
$4.45B
| $18.9M | 0.01% |
91,127
+9,031
| +11% | +$1.7M |
|
1391
Bloomin' Brands
BLMN
$924M
| $18.9M | 0.01% |
941,025
+94,120
| +11% | +$2.14M |
|
1392
Matthews International
MATW
$847M
| $18.9M | 0.01% |
321,091
+26,226
| +9% | +$1.4M |
|
1393
Mativ Holdings
MATV
$649M
| $18.8M | 0.01% |
431,066
+26,233
| +6% | +$1.12M |
|
1394
Dave & Buster's
PLAY
$350M
| $18.8M | 0.01% |
395,088
+26,330
| +7% | +$1.17M |
|
|
DNR
1395
DELISTED
Denbury Resources, Inc.
DNR
| $18.8M | 0.01% |
3,908,593
+366,566
| +10% | +$1.37M |
|
|
GTLS
1396
DELISTED
Chart Industries
GTLS
| $18.8M | 0.01% |
304,639
+19,635
| +7% | +$1.23M |
|
|
SGI
1397
Somnigroup International
SGI
$13.9B
| $18.8M | 0.01% |
1,562,472
-18,832
| -1% | -$222K |
|
1398
Innospec
IOSP
$2.3B
| $18.7M | 0.01% |
244,907
+24,975
| +11% | +$1.87M |
|
1399
Terreno Realty
TRNO
$7.22B
| $18.7M | 0.01% |
496,256
+31,114
| +7% | +$1.15M |
|
1400
Groupon
GRPN
$977M
| $18.7M | 0.01% |
217,323
+33,161
| +18% | +$3.08M |
|
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.