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 | |
|---|---|---|---|---|---|---|
1526
Shenandoah Telecom
SHEN
$720M
| $15.7M | ﹤0.01% |
479,519
+18,451
| +4% | +$630K |
|
|
MANT
1527
DELISTED
Mantech International Corp
MANT
| $15.7M | ﹤0.01% |
292,296
+1,794
| +0.6% | +$99.9K |
|
1528
S&T Bancorp
STBA
$1.85B
| $15.6M | ﹤0.01% |
361,901
+18,992
| +6% | +$827K |
|
1529
Atara Biotherapeutics
ATRA
$76.9M
| $15.6M | ﹤0.01% |
17,027
+2,957
| +21% | +$3.18M |
|
1530
Newmark Group
NMRK
$2.77B
| $15.6M | ﹤0.01% |
1,098,586
+308,109
| +39% | +$4.51M |
|
|
SIR
1531
DELISTED
SELECT INCOME REIT
SIR
| $15.4M | ﹤0.01% |
1,563,712
+142,827
| +10% | +$1.28M |
|
|
DOCU
1532
DocuSign
DOCU
$11B
| $15.4M | ﹤0.01% |
+291,465
| New | +$14.7M |
|
|
ZGNX
1533
DELISTED
Zogenix, Inc.
ZGNX
| $15.4M | ﹤0.01% |
348,979
+36,540
| +12% | +$1.51M |
|
1534
Amkor Technology
AMKR
$13.4B
| $15.4M | ﹤0.01% |
1,795,413
+13,958
| +0.8% | +$127K |
|
|
PPBI
1535
DELISTED
Pacific Premier Bancorp
PPBI
| $15.4M | ﹤0.01% |
403,995
+34,893
| +9% | +$1.42M |
|
1536
AeroVironment
AVAV
$8.51B
| $15.4M | ﹤0.01% |
215,521
+23,029
| +12% | +$1.31M |
|
1537
Corcept Therapeutics
CORT
$12B
| $15.4M | ﹤0.01% |
979,159
+100,904
| +11% | +$1.76M |
|
1538
Mueller Industries
MLI
$15.3B
| $15.4M | ﹤0.01% |
2,085,908
+88,732
| +4% | +$642K |
|
1539
McGrath RentCorp
MGRC
$2.96B
| $15.4M | ﹤0.01% |
243,064
+19,618
| +9% | +$1.21M |
|
|
SGMO
1540
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $15.4M | ﹤0.01% |
1,081,568
+243,573
| +29% | +$4.05M |
|
|
IPCC
1541
DELISTED
Infinity Property & Casualty C
IPCC
| $15.3M | ﹤0.01% |
107,818
+7,531
| +8% | +$1.02M |
|
1542
Acadia Pharmaceuticals
ACAD
$4.93B
| $15.3M | ﹤0.01% |
1,004,633
+99,084
| +11% | +$1.77M |
|
1543
Penske Automotive Group
PAG
$14.2B
| $15.3M | ﹤0.01% |
327,383
+16,472
| +5% | +$777K |
|
|
HTLF
1544
DELISTED
Heartland Financial USA, Inc.
HTLF
| $15.3M | ﹤0.01% |
279,489
+26,084
| +10% | +$1.43M |
|
1545
Agree Realty
ADC
$9.46B
| $15.3M | ﹤0.01% |
290,454
+40,410
| +16% | +$2.06M |
|
|
CVGW
1546
DELISTED
Calavo Growers
CVGW
| $15.3M | ﹤0.01% |
159,072
+13,718
| +9% | +$1.28M |
|
1547
Greif
GEF
$5.12B
| $15.3M | ﹤0.01% |
288,820
+44,739
| +18% | +$2.57M |
|
|
LGF.A
1548
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $15.2M | ﹤0.01% |
614,040
+82,903
| +16% | +$2.05M |
|
|
INFN
1549
DELISTED
Infinera Corporation Common Stock
INFN
| $15.2M | ﹤0.01% |
1,533,224
+131,801
| +9% | +$1.37M |
|
1550
AAR Corp
AIR
$5.86B
| $15.2M | ﹤0.01% |
327,029
+45,206
| +16% | +$2.06M |
|
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 155 new, 3,029 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 155 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.