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 | |
|---|---|---|---|---|---|---|
|
CUB
1551
DELISTED
Cubic Corporation
CUB
| $15.2M | ﹤0.01% |
236,677
+13,488
| +6% | +$899K |
|
|
SASR
1552
DELISTED
Sandy Spring Bancorp Inc
SASR
| $15.2M | ﹤0.01% |
369,848
+34,625
| +10% | +$1.42M |
|
1553
Westamerica Bancorp
WABC
$1.38B
| $15.1M | ﹤0.01% |
267,811
+14,384
| +6% | +$831K |
|
1554
PTC Therapeutics
PTCT
$5.78B
| $15.1M | ﹤0.01% |
446,519
+81,197
| +22% | +$2.53M |
|
|
AFSI
1555
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $15M | ﹤0.01% |
1,032,105
+106,757
| +12% | +$1.44M |
|
|
BBT
1556
Beacon Financial Corp
BBT
$2.68B
| $15M | ﹤0.01% |
369,786
+45,716
| +14% | +$1.81M |
|
1557
Gentherm
THRM
$1.28B
| $15M | ﹤0.01% |
380,970
+31,408
| +9% | +$1.13M |
|
1558
Acco Brands
ACCO
$402M
| $15M | ﹤0.01% |
1,080,025
+171,918
| +19% | +$2.21M |
|
1559
Schwab International Equity ETF
SCHF
$68.2B
| – | – |
0
| – | – |
|
1560
HNI Corp
HNI
$3.5B
| $14.9M | ﹤0.01% |
401,105
+23,987
| +6% | +$876K |
|
|
BRKL
1561
DELISTED
Brookline Bancorp
BRKL
| $14.9M | ﹤0.01% |
800,136
+74,562
| +10% | +$1.31M |
|
1562
Matsons
MATX
$6.22B
| $14.9M | ﹤0.01% |
387,693
+28,398
| +8% | +$942K |
|
1563
Pitney Bowes
PBI
$2.51B
| $14.8M | ﹤0.01% |
1,732,744
-88,310
| -5% | -$852K |
|
1564
Piper Sandler
PIPR
$5.14B
| $14.8M | ﹤0.01% |
771,816
+32,552
| +4% | +$637K |
|
1565
Interface
TILE
$2.04B
| $14.8M | ﹤0.01% |
644,908
+89,066
| +16% | +$2.11M |
|
1566
Archrock
AROC
$5.95B
| $14.8M | ﹤0.01% |
1,232,766
+639,307
| +108% | +$7.07M |
|
|
MNK
1567
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $14.8M | ﹤0.01% |
792,740
-31,292
| -4% | -$498K |
|
|
IMGN
1568
DELISTED
Immunogen Inc
IMGN
| $14.8M | ﹤0.01% |
1,518,162
+451,768
| +42% | +$4.76M |
|
|
GTS
1569
DELISTED
Triple-S Management Corporation
GTS
| $14.7M | ﹤0.01% |
395,673
-11,327
| -3% | -$358K |
|
1570
Seacoast Banking Corp of Florida
SBCF
$3.39B
| $14.7M | ﹤0.01% |
464,682
+43,887
| +10% | +$1.3M |
|
|
CHS
1571
DELISTED
Chicos FAS, Inc.
CHS
| $14.7M | ﹤0.01% |
1,801,075
+89,935
| +5% | +$851K |
|
1572
Mercury Insurance
MCY
$6.07B
| $14.6M | ﹤0.01% |
321,007
+13,676
| +4% | +$644K |
|
1573
Pacira BioSciences
PCRX
$979M
| $14.6M | ﹤0.01% |
454,732
+37,333
| +9% | +$1.29M |
|
|
EFII
1574
DELISTED
Electronics for Imaging
EFII
| $14.5M | ﹤0.01% |
445,418
+26,969
| +6% | +$858K |
|
1575
First Busey Corp
BUSE
$2.61B
| $14.5M | ﹤0.01% |
456,975
+43,585
| +11% | +$1.36M |
|
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.