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 | |
|---|---|---|---|---|---|---|
1451
Central Garden & Pet Co Class A
CENTA
$2.41B
| $17.6M | 0.01% |
543,060
+17,640
| +3% | +$541K |
|
|
NGHC
1452
DELISTED
National General Holdings Corp
NGHC
| $17.6M | 0.01% |
667,734
+66,468
| +11% | +$1.74M |
|
1453
Paylocity
PCTY
$8.18B
| $17.6M | 0.01% |
298,206
+37,538
| +14% | +$2.15M |
|
1454
The Ensign Group
ENSG
$10.4B
| $17.5M | 0.01% |
523,578
+49,539
| +10% | +$1.53M |
|
|
AVTA
1455
DELISTED
Avantax, Inc. Common Stock
AVTA
| $17.5M | 0.01% |
473,532
+35,043
| +8% | +$1.13M |
|
1456
PRA Group
PRAA
$672M
| $17.5M | 0.01% |
453,300
+38,614
| +9% | +$1.49M |
|
1457
8x8 Inc
EGHT
$333M
| $17.4M | 0.01% |
870,076
+94,861
| +12% | +$1.89M |
|
1458
LXP Industrial Trust
LXP
$3.58B
| $17.4M | 0.01% |
399,020
+24,220
| +6% | +$1M |
|
1459
iRhythm Holdings
IRTC
$4.09B
| $17.4M | 0.01% |
214,537
+53,889
| +34% | +$3.77M |
|
|
TIVO
1460
DELISTED
Tivo Inc
TIVO
| $17.4M | 0.01% |
1,291,884
+92,975
| +8% | +$1.32M |
|
|
RDC
1461
DELISTED
Rowan Companies Plc
RDC
| $17.4M | 0.01% |
1,071,158
+109,530
| +11% | +$1.65M |
|
1462
Forward Air
FWRD
$487M
| $17.3M | 0.01% |
293,551
+18,860
| +7% | +$1.08M |
|
|
MDC
1463
DELISTED
M.D.C. Holdings, Inc.
MDC
| $17.3M | 0.01% |
657,135
+50,967
| +8% | +$1.33M |
|
|
NSA
1464
DELISTED
National Storage Affiliates Trust
NSA
| $17.3M | 0.01% |
562,057
+31,305
| +6% | +$858K |
|
1465
Worthington Enterprises
WOR
$2.87B
| $17.3M | 0.01% |
669,275
+37,204
| +6% | +$1.05M |
|
1466
ABM Industries
ABM
$2.87B
| $17.3M | 0.01% |
592,044
+58,401
| +11% | +$1.8M |
|
1467
Fossil Group
FOSL
$349M
| $17.2M | 0.01% |
640,815
+242,108
| +61% | +$4.96M |
|
|
INN
1468
Summit Hotel Properties
INN
$739M
| $17.2M | 0.01% |
1,201,058
+5,566
| +0.5% | +$80.8K |
|
|
BIG
1469
DELISTED
Big Lots, Inc.
BIG
| $17.2M | 0.01% |
410,791
+18,724
| +5% | +$786K |
|
1470
Mueller Water Products
MWA
$4.13B
| $17M | 0.01% |
1,454,170
+115,120
| +9% | +$1.29M |
|
1471
California Water Service
CWT
$3.08B
| $17M | 0.01% |
437,513
+26,483
| +6% | +$1.04M |
|
1472
Evertec
EVTC
$1.87B
| $17M | 0.01% |
776,934
+28,620
| +4% | +$582K |
|
1473
WSFS Financial
WSFS
$4.23B
| $17M | 0.01% |
318,128
+24,570
| +8% | +$1.27M |
|
|
RAD
1474
DELISTED
Rite Aid Corporation
RAD
| $17M | 0.01% |
490,007
+43,096
| +10% | +$1.46M |
|
1475
Northwest Natural Holdings
NWN
$2.08B
| $16.9M | 0.01% |
265,640
+15,236
| +6% | +$916K |
|
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.