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 | |
|---|---|---|---|---|---|---|
|
FLOW
1476
DELISTED
SPX FLOW, Inc.
FLOW
| $16.9M | 0.01% |
385,874
+23,704
| +7% | +$1.08M |
|
|
SEMG
1477
DELISTED
SEMGROUP CORPORATION
SEMG
| $16.8M | 0.01% |
661,241
+105,653
| +19% | +$2.59M |
|
1478
Axogen
AXGN
$2.43B
| $16.8M | 0.01% |
333,424
+60,304
| +22% | +$2.66M |
|
1479
HUB Group
HUBG
$2.91B
| $16.7M | 0.01% |
672,686
+54,122
| +9% | +$1.27M |
|
1480
Universal Corp
UVV
$1.3B
| $16.7M | 0.01% |
253,388
+8,406
| +3% | +$465K |
|
1481
BancFirst
BANF
$3.83B
| $16.7M | 0.01% |
281,881
+22,855
| +9% | +$1.34M |
|
|
PEGI
1482
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $16.7M | 0.01% |
889,474
+53,675
| +6% | +$977K |
|
1483
Horace Mann Educators
HMN
$2.1B
| $16.6M | 0.01% |
373,274
+27,889
| +8% | +$1.24M |
|
|
MYOK
1484
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $16.6M | 0.01% |
334,314
+138,203
| +70% | +$6.69M |
|
1485
Enerpac Tool Group
EPAC
$1.89B
| $16.6M | 0.01% |
564,823
+54,862
| +11% | +$1.36M |
|
1486
Usana Health Sciences
USNA
$277M
| $16.6M | 0.01% |
143,652
+36,014
| +33% | +$3.94M |
|
1487
Enviri
NVRI
$647M
| $16.5M | 0.01% |
748,015
+62,959
| +9% | +$1.45M |
|
|
SINA
1488
DELISTED
Sina Corp
SINA
| $16.5M | 0.01% |
195,985
+36,995
| +23% | +$3.44M |
|
1489
Wingstop
WING
$3.37B
| $16.5M | 0.01% |
316,980
+42,443
| +15% | +$2.16M |
|
1490
Orthofix Medical
OFIX
$421M
| $16.5M | 0.01% |
290,657
+69,288
| +31% | +$3.94M |
|
1491
Nelnet
NNI
$4.88B
| $16.5M | 0.01% |
282,001
+13,692
| +5% | +$791K |
|
|
MTOR
1492
DELISTED
MERITOR, Inc.
MTOR
| $16.4M | 0.01% |
798,975
+73,778
| +10% | +$1.55M |
|
1493
BlackLine
BL
$1.79B
| $16.4M | 0.01% |
378,225
+40,127
| +12% | +$1.7M |
|
|
MSGN
1494
DELISTED
MSG Networks Inc.
MSGN
| $16.4M | 0.01% |
684,171
+22,601
| +3% | +$479K |
|
|
ALEX
1495
DELISTED
Alexander & Baldwin
ALEX
| $16.4M | 0.01% |
696,830
+87,632
| +14% | +$1.95M |
|
1496
Benchmark Electronics
BHE
$3.02B
| $16.4M | 0.01% |
561,361
+22,600
| +4% | +$649K |
|
|
CBM
1497
DELISTED
Cambrex Corporation
CBM
| $16.4M | 0.01% |
312,859
+25,875
| +9% | +$1.29M |
|
1498
The Greenbrier Companies
GBX
$1.54B
| $16.4M | 0.01% |
310,065
-47,373
| -13% | -$2.26M |
|
|
MNTA
1499
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $16.3M | 0.01% |
798,883
+71,208
| +10% | +$1.53M |
|
|
AKRX
1500
DELISTED
Akorn Inc
AKRX
| $16.2M | 0.01% |
979,325
+154,767
| +19% | +$2.37M |
|
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.