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 | |
|---|---|---|---|---|---|---|
|
NXGN
1501
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $16.2M | 0.01% |
832,376
-5,331
| -0.6% | -$84.3K |
|
|
IMPV
1502
DELISTED
Imperva, Inc.
IMPV
| $16.2M | 0.01% |
336,385
+30,057
| +10% | +$1.44M |
|
|
TSRO
1503
DELISTED
TESARO, Inc.
TSRO
| $16.2M | 0.01% |
364,455
+16,404
| +5% | +$797K |
|
1504
Ryanair
RYAAY
$31.8B
| $16.2M | 0.01% |
353,653
-14,297
| -4% | -$665K |
|
|
KRA
1505
DELISTED
Kraton Corporation
KRA
| $16.1M | 0.01% |
349,971
+75,661
| +28% | +$3.67M |
|
1506
Provident Financial Services
PFS
$3.27B
| $16.1M | 0.01% |
586,097
+59,010
| +11% | +$1.6M |
|
1507
Invesco Mortgage Capital
IVR
$761M
| $16.1M | 0.01% |
101,360
+8,561
| +9% | +$1.39M |
|
|
SCS
1508
DELISTED
Steelcase
SCS
| $16.1M | 0.01% |
1,193,890
+57,348
| +5% | +$812K |
|
1509
Albany International
AIN
$1.75B
| $16.1M | 0.01% |
267,770
+20,051
| +8% | +$1.24M |
|
|
COTV
1510
DELISTED
Cotiviti Holdings, Inc.
COTV
| $16.1M | ﹤0.01% |
364,340
-123,606
| -25% | -$4.49M |
|
1511
Editas Medicine
EDIT
$422M
| $16M | ﹤0.01% |
446,715
+89,734
| +25% | +$3.18M |
|
|
FOE
1512
DELISTED
Ferro Corporation
FOE
| $16M | ﹤0.01% |
766,102
+59,214
| +8% | +$1.3M |
|
|
TLRD
1513
DELISTED
Tailored Brands, Inc.
TLRD
| $16M | ﹤0.01% |
625,574
-21,021
| -3% | -$639K |
|
1514
Comfort Systems
FIX
$61.1B
| $16M | ﹤0.01% |
348,496
+26,648
| +8% | +$1.19M |
|
|
SYKE
1515
DELISTED
SYKES Enterprises Inc
SYKE
| $16M | ﹤0.01% |
554,505
+68,024
| +14% | +$1.95M |
|
1516
Hilltop Holdings
HTH
$2.28B
| $15.9M | ﹤0.01% |
721,922
+54,497
| +8% | +$1.27M |
|
|
GOV
1517
DELISTED
Government Properties Income Trust
GOV
| $15.9M | ﹤0.01% |
1,003,910
+86,911
| +9% | +$1.19M |
|
|
TRTN
1518
DELISTED
Triton International Limited
TRTN
| $15.9M | ﹤0.01% |
518,711
+54,011
| +12% | +$1.79M |
|
1519
First Commonwealth Financial
FCF
$2.19B
| $15.9M | ﹤0.01% |
1,023,631
+190,281
| +23% | +$2.93M |
|
1520
National Beverage
FIZZ
$3.02B
| $15.9M | ﹤0.01% |
297,012
-45,400
| -13% | -$2.13M |
|
1521
Brookdale Senior Living
BKD
$3.45B
| $15.8M | ﹤0.01% |
1,743,640
+144,952
| +9% | +$1.12M |
|
1522
Dillards
DDS
$9.63B
| $15.8M | ﹤0.01% |
167,383
+2,677
| +2% | +$218K |
|
1523
Kite Realty
KRG
$5.56B
| $15.8M | ﹤0.01% |
925,447
+54,379
| +6% | +$844K |
|
1524
Meritage Homes
MTH
$4.88B
| $15.8M | ﹤0.01% |
719,302
+80,252
| +13% | +$1.8M |
|
1525
Enova International
ENVA
$6.55B
| $15.7M | ﹤0.01% |
429,298
-4,664
| -1% | -$142K |
|
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.