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 | |
|---|---|---|---|---|---|---|
|
EBIX
1426
DELISTED
Ebix Inc
EBIX
| $18M | 0.01% |
236,206
+21,115
| +10% | +$1.62M |
|
1427
Rambus
RMBS
$10.6B
| $18M | 0.01% |
1,433,838
-19,031
| -1% | -$257K |
|
1428
HSBC
HSBC
$352B
| $18M | 0.01% |
404,537
+218,704
| +118% | +$10M |
|
|
ODP
1429
DELISTED
ODP
ODP
| $18M | 0.01% |
704,058
+67,671
| +11% | +$1.65M |
|
1430
Werner Enterprises
WERN
$2.27B
| $17.9M | 0.01% |
477,118
+40,357
| +9% | +$1.5M |
|
1431
Kosmos Energy
KOS
$1.4B
| $17.9M | 0.01% |
2,165,597
+180,376
| +9% | +$1.32M |
|
|
ARGO
1432
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $17.9M | 0.01% |
307,676
+334
| +0.1% | +$20.1K |
|
|
SYNT
1433
DELISTED
Syntel Inc
SYNT
| $17.9M | 0.01% |
557,483
+131,589
| +31% | +$3.93M |
|
|
PRA
1434
DELISTED
ProAssurance
PRA
| $17.9M | 0.01% |
504,234
+27,684
| +6% | +$1.16M |
|
|
SEM
1435
DELISTED
Select Medical
SEM
| $17.9M | 0.01% |
1,827,137
+136,637
| +8% | +$1.34M |
|
|
PNK
1436
DELISTED
Pinnacle Entertainment Inc.
PNK
| $17.8M | 0.01% |
528,884
+22,182
| +4% | +$724K |
|
1437
Insight Enterprises
NSIT
$4.24B
| $17.8M | 0.01% |
364,509
+42,372
| +13% | +$1.82M |
|
1438
Primoris Services
PRIM
$4.52B
| $17.8M | 0.01% |
654,591
+95,862
| +17% | +$2.54M |
|
1439
First Bancorp
FBP
$4.44B
| $17.8M | 0.01% |
2,328,224
+167,708
| +8% | +$1.24M |
|
1440
Varonis Systems
VRNS
$4.98B
| $17.8M | 0.01% |
717,066
+158,871
| +28% | +$3.81M |
|
1441
Boise Cascade
BCC
$2.96B
| $17.8M | 0.01% |
398,174
+54,282
| +16% | +$2.38M |
|
1442
Houlihan Lokey
HLI
$8.96B
| $17.8M | 0.01% |
347,095
+63,458
| +22% | +$3.03M |
|
1443
Fox Factory Holding Corp
FOXF
$830M
| $17.7M | 0.01% |
380,728
+27,721
| +8% | +$1.07M |
|
1444
Kaiser Aluminum
KALU
$2.91B
| $17.7M | 0.01% |
169,811
+13,649
| +9% | +$1.45M |
|
1445
NBT Bancorp
NBTB
$2.77B
| $17.7M | 0.01% |
462,714
+22,410
| +5% | +$845K |
|
1446
GameStop
GME
$8.53B
| $17.6M | 0.01% |
4,843,620
-1,559,412
| -24% | -$5.34M |
|
|
MRC
1447
DELISTED
MRC Global
MRC
| $17.6M | 0.01% |
812,993
+15,750
| +2% | +$311K |
|
1448
Integer Holdings
ITGR
$4.25B
| $17.6M | 0.01% |
272,436
+23,625
| +9% | +$1.47M |
|
1449
Opko Health
OPK
$1.01B
| $17.6M | 0.01% |
3,743,655
+237,893
| +7% | +$902K |
|
1450
Allegiant Air
ALGT
$2.79B
| $17.6M | 0.01% |
126,606
+7,714
| +6% | +$1.19M |
|
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.