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 | |
|---|---|---|---|---|---|---|
|
VGR
1401
DELISTED
Vector Group Ltd.
VGR
| $18.6M | 0.01% |
1,516,379
+96,944
| +7% | +$1.22M |
|
|
PDCO
1402
DELISTED
Patterson Companies, Inc.
PDCO
| $18.6M | 0.01% |
819,004
-22,763
| -3% | -$513K |
|
|
WAGE
1403
DELISTED
WageWorks, Inc.
WAGE
| $18.5M | 0.01% |
370,606
+25,623
| +7% | +$1.17M |
|
|
AAT
1404
American Assets Trust
AAT
$1.42B
| $18.5M | 0.01% |
483,668
+24,031
| +5% | +$850K |
|
|
P
1405
DELISTED
Pandora Media Inc
P
| $18.5M | 0.01% |
2,349,615
+306,579
| +15% | +$2.05M |
|
|
MDP
1406
DELISTED
Meredith Corporation
MDP
| $18.5M | 0.01% |
362,885
+32,021
| +10% | +$1.64M |
|
|
LPNT
1407
DELISTED
LifePoint Health, Inc.
LPNT
| $18.5M | 0.01% |
378,642
+13,161
| +4% | +$681K |
|
1408
Crocs
CROX
$6.58B
| $18.5M | 0.01% |
1,049,021
+138,099
| +15% | +$2.35M |
|
1409
Repligen
RGEN
$8.95B
| $18.4M | 0.01% |
391,788
+24,568
| +7% | +$1.01M |
|
|
ICPT
1410
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $18.4M | 0.01% |
219,360
+54,044
| +33% | +$3.96M |
|
1411
Capitol Federal Financial
CFFN
$1.12B
| $18.4M | 0.01% |
1,398,455
+107,791
| +8% | +$1.4M |
|
|
AAWW
1412
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $18.4M | 0.01% |
256,335
+29,179
| +13% | +$1.97M |
|
1413
B&G Foods
BGS
$286M
| $18.3M | 0.01% |
613,311
+54,788
| +10% | +$1.47M |
|
1414
Insmed
INSM
$21.5B
| $18.3M | 0.01% |
772,956
+41,727
| +6% | +$1.07M |
|
|
XOG
1415
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $18.3M | 0.01% |
1,242,742
+60,866
| +5% | +$879K |
|
1416
Floor & Decor
FND
$6.68B
| $18.3M | 0.01% |
370,000
+109,637
| +42% | +$5.63M |
|
|
EPAY
1417
DELISTED
Bottomline Technologies Inc
EPAY
| $18.3M | 0.01% |
366,299
+18,639
| +5% | +$832K |
|
|
DOOR
1418
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $18.2M | 0.01% |
253,716
+8,264
| +3% | +$541K |
|
1419
Xencor
XNCR
$1.47B
| $18.2M | 0.01% |
492,147
+99,099
| +25% | +$3.42M |
|
1420
Roku
ROKU
$21.8B
| $18.2M | 0.01% |
426,709
+307,290
| +257% | +$11.2M |
|
|
INVX
1421
Innovex International
INVX
$2.13B
| $18.1M | 0.01% |
352,688
-74,569
| -17% | -$3.48M |
|
|
CALY
1422
Callaway Golf Company
CALY
$3.41B
| $18.1M | 0.01% |
952,534
+77,067
| +9% | +$1.41M |
|
1423
Mercury Systems
MRCY
$6.45B
| $18.1M | 0.01% |
474,703
+37,442
| +9% | +$1.45M |
|
1424
Oil States International
OIS
$502M
| $18M | 0.01% |
562,058
+71,472
| +15% | +$2.4M |
|
1425
Puma Biotechnology
PBYI
$407M
| $18M | 0.01% |
304,633
+6,276
| +2% | +$364K |
|
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.