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 | |
|---|---|---|---|---|---|---|
|
LTRPA
1601
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $13.9M | ﹤0.01% |
864,448
+132,873
| +18% | +$1.72M |
|
1602
ESCO Technologies
ESE
$8.54B
| $13.9M | ﹤0.01% |
240,889
+22,416
| +10% | +$1.29M |
|
|
SNBR
1603
DELISTED
Sleep Number
SNBR
| $13.9M | ﹤0.01% |
477,501
+16,713
| +4% | +$510K |
|
1604
Diodes
DIOD
$3.94B
| $13.9M | ﹤0.01% |
401,919
+22,868
| +6% | +$753K |
|
1605
Universal Insurance Holdings
UVE
$1.24B
| $13.8M | ﹤0.01% |
393,588
+53,389
| +16% | +$1.82M |
|
|
NP
1606
DELISTED
Neenah, Inc. Common Stock
NP
| $13.8M | ﹤0.01% |
162,785
+18,787
| +13% | +$1.53M |
|
|
SPN
1607
DELISTED
Superior Energy Services, Inc.
SPN
| $13.8M | ﹤0.01% |
141,430
+13,647
| +11% | +$1.4M |
|
1608
Apogee Enterprises
APOG
$902M
| $13.8M | ﹤0.01% |
285,611
+25,738
| +10% | +$1.11M |
|
|
RAVN
1609
DELISTED
Raven Industries Inc
RAVN
| $13.8M | ﹤0.01% |
357,617
+9,437
| +3% | +$361K |
|
1610
Methode Electronics
MEI
$613M
| $13.7M | ﹤0.01% |
340,174
+20,267
| +6% | +$828K |
|
|
CADE
1611
DELISTED
Cadence Bancorporation
CADE
| $13.7M | ﹤0.01% |
474,055
+193,385
| +69% | +$5.63M |
|
1612
SolarEdge
SEDG
$2.12B
| $13.7M | ﹤0.01% |
285,917
+22,586
| +9% | +$1.25M |
|
|
OPTU
1613
Optimum Communications Inc
OPTU
$317M
| $13.7M | ﹤0.01% |
801,267
+378,734
| +90% | +$6.99M |
|
1614
Badger Meter
BMI
$4.07B
| $13.7M | ﹤0.01% |
305,658
+32,695
| +12% | +$1.45M |
|
1615
Enpro
NPO
$6.99B
| $13.7M | ﹤0.01% |
195,299
+15,178
| +8% | +$1.13M |
|
1616
OSI Systems
OSIS
$3.9B
| $13.6M | ﹤0.01% |
176,512
+15,073
| +9% | +$1.05M |
|
1617
DNOW Inc
DNOW
$2.6B
| $13.6M | ﹤0.01% |
1,019,354
+125,282
| +14% | +$1.65M |
|
|
SRG
1618
Seritage Growth Properties
SRG
$140M
| $13.6M | ﹤0.01% |
319,963
+59,184
| +23% | +$2.31M |
|
|
VRTU
1619
DELISTED
Virtusa Corporation
VRTU
| $13.6M | ﹤0.01% |
278,757
+24,898
| +10% | +$1.21M |
|
1620
Atkore
ATKR
$3.16B
| $13.6M | ﹤0.01% |
652,624
+15,456
| +2% | +$313K |
|
|
LMNX
1621
DELISTED
Luminex Corp
LMNX
| $13.6M | ﹤0.01% |
458,890
+31,966
| +7% | +$821K |
|
1622
Movado Group
MOV
$863M
| $13.5M | ﹤0.01% |
280,048
+46,444
| +20% | +$2.01M |
|
1623
National Vision
EYE
$1.84B
| $13.5M | ﹤0.01% |
369,236
+44,336
| +14% | +$1.55M |
|
1624
Telus
TU
$15.4B
| $13.5M | ﹤0.01% |
761,494
-132,390
| -15% | -$2.34M |
|
1625
TriMas Corp
TRS
$1.47B
| $13.5M | ﹤0.01% |
458,056
+41,955
| +10% | +$1.19M |
|
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.