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 | |
|---|---|---|---|---|---|---|
|
NE
1576
DELISTED
Noble Corporation
NE
| $14.5M | ﹤0.01% |
2,287,726
+202,841
| +10% | +$1.04M |
|
1577
Aaon
AAON
$7.63B
| $14.5M | ﹤0.01% |
651,955
+71,868
| +12% | +$1.58M |
|
1578
Park National Corp
PRK
$3.75B
| $14.4M | ﹤0.01% |
129,491
+9,081
| +8% | +$1.02M |
|
|
ACOR
1579
DELISTED
Acorda Therapeutics
ACOR
| $14.4M | ﹤0.01% |
4,174
+682
| +20% | +$2.09M |
|
1580
Kearny Financial
KRNY
$609M
| $14.4M | ﹤0.01% |
1,068,253
+282,242
| +36% | +$3.93M |
|
1581
Iridium Communications
IRDM
$5.13B
| $14.3M | ﹤0.01% |
891,222
+108,508
| +14% | +$1.48M |
|
1582
3D Systems Corp
DDD
$583M
| $14.3M | ﹤0.01% |
1,035,491
+85,699
| +9% | +$1.06M |
|
1583
Four Corners Property Trust
FCPT
$2.77B
| $14.3M | ﹤0.01% |
579,041
+51,769
| +10% | +$1.19M |
|
|
BEAT
1584
DELISTED
BioTelemetry, Inc.
BEAT
| $14.2M | ﹤0.01% |
316,394
+36,948
| +13% | +$1.47M |
|
|
GTT
1585
DELISTED
GTT Communications, Inc.
GTT
| $14.2M | ﹤0.01% |
316,173
+39,402
| +14% | +$1.96M |
|
1586
Warrior Met Coal
HCC
$4.45B
| $14.2M | ﹤0.01% |
515,051
+283,572
| +123% | +$7.47M |
|
|
BPFH
1587
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $14.2M | ﹤0.01% |
890,750
+104,653
| +13% | +$1.72M |
|
1588
Caleres
CAL
$481M
| $14.1M | ﹤0.01% |
410,897
+39,395
| +11% | +$1.36M |
|
1589
Cal-Maine
CALM
$4.02B
| $14.1M | ﹤0.01% |
307,340
+25,677
| +9% | +$1.24M |
|
|
ECOL
1590
DELISTED
US Ecology, Inc.
ECOL
| $14M | ﹤0.01% |
220,532
+19,172
| +10% | +$1.12M |
|
|
RTEC
1591
DELISTED
Rudolph Technologies Inc
RTEC
| $14M | ﹤0.01% |
474,425
-10,291
| -2% | -$313K |
|
|
SPTN
1592
DELISTED
SpartanNash
SPTN
| $14M | ﹤0.01% |
549,631
+8,932
| +2% | +$185K |
|
1593
Helios Technologies
HLIO
$2.72B
| $14M | ﹤0.01% |
290,576
+37,189
| +15% | +$1.88M |
|
|
SONC
1594
DELISTED
Sonic Corp
SONC
| $14M | ﹤0.01% |
406,546
+21,308
| +6% | +$593K |
|
1595
Varex Imaging
VREX
$522M
| $14M | ﹤0.01% |
377,146
+27,725
| +8% | +$1.02M |
|
1596
Herc Holdings
HRI
$5.64B
| $14M | ﹤0.01% |
247,717
+21,794
| +10% | +$1.27M |
|
|
CJ
1597
DELISTED
C&J Energy Services, Inc.
CJ
| $13.9M | ﹤0.01% |
590,527
+67,236
| +13% | +$1.85M |
|
1598
SPX Corp
SPXC
$10.8B
| $13.9M | ﹤0.01% |
397,505
+31,848
| +9% | +$1.08M |
|
|
IBTX
1599
DELISTED
Independent Bank Group, Inc.
IBTX
| $13.9M | ﹤0.01% |
208,461
+33,224
| +19% | +$2.42M |
|
1600
ICF International
ICFI
$1.54B
| $13.9M | ﹤0.01% |
195,947
+19,283
| +11% | +$1.31M |
|
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.