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 | |
|---|---|---|---|---|---|---|
|
MB
1626
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $13.5M | ﹤0.01% |
348,666
+35,640
| +11% | +$1.4M |
|
|
DMC
1627
Del Monte Corp
DMC
$1.41B
| $13.4M | ﹤0.01% |
301,476
+11,219
| +4% | +$524K |
|
1628
Virtu Financial
VIRT
$5.17B
| $13.4M | ﹤0.01% |
505,642
+159,771
| +46% | +$5.16M |
|
1629
Huazhu Hotels Group
HTHT
$13.1B
| $13.4M | ﹤0.01% |
320,905
+235,397
| +275% | +$9.39M |
|
|
MRTX
1630
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $13.4M | ﹤0.01% |
271,743
+87,337
| +47% | +$3.3M |
|
1631
Strategic Education
STRA
$1.9B
| $13.4M | ﹤0.01% |
118,452
+19,318
| +19% | +$2.07M |
|
1632
Patrick Industries
PATK
$2.91B
| $13.3M | ﹤0.01% |
352,092
+22,047
| +7% | +$868K |
|
1633
Yext
YEXT
$577M
| $13.3M | ﹤0.01% |
687,139
+546,060
| +387% | +$8.38M |
|
1634
Open Text
OTEX
$6.25B
| $13.3M | ﹤0.01% |
379,073
+192,932
| +104% | +$6.78M |
|
|
STBZ
1635
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $13.3M | ﹤0.01% |
397,591
+37,182
| +10% | +$1.22M |
|
1636
Copa Holdings
CPA
$6.16B
| $13.3M | ﹤0.01% |
140,240
-16,900
| -11% | -$1.9M |
|
1637
SPS Commerce
SPSC
$2.62B
| $13.3M | ﹤0.01% |
361,146
+33,904
| +10% | +$1.2M |
|
1638
Oxford Industries
OXM
$577M
| $13.2M | ﹤0.01% |
159,656
+1,272
| +0.8% | +$103K |
|
|
IPHI
1639
DELISTED
INPHI CORPORATION
IPHI
| $13.2M | ﹤0.01% |
406,077
+46,069
| +13% | +$1.51M |
|
1640
Kulicke & Soffa
KLIC
$4.97B
| $13.2M | ﹤0.01% |
555,166
+31,473
| +6% | +$747K |
|
1641
Coeur Mining
CDE
$18B
| $13.2M | ﹤0.01% |
1,737,824
+178,587
| +11% | +$1.44M |
|
1642
AngioDynamics
ANGO
$618M
| $13.2M | ﹤0.01% |
593,050
+83,696
| +16% | +$1.71M |
|
1643
Safety Insurance
SAFT
$1.52B
| $13.2M | ﹤0.01% |
154,341
+15,411
| +11% | +$1.28M |
|
|
LADR
1644
Ladder Capital
LADR
$1.2B
| $13.1M | ﹤0.01% |
841,594
+82,370
| +11% | +$1.24M |
|
1645
Papa John's
PZZA
$983M
| $13.1M | ﹤0.01% |
259,120
+18,914
| +8% | +$1.06M |
|
1646
Tennant Co
TNC
$1.49B
| $13.1M | ﹤0.01% |
166,348
+16,600
| +11% | +$1.24M |
|
1647
ADT
ADT
$5.6B
| $13.1M | ﹤0.01% |
1,517,409
+369,180
| +32% | +$3.07M |
|
|
UNT
1648
DELISTED
UNIT Corporation
UNT
| $13.1M | ﹤0.01% |
513,464
+62,768
| +14% | +$1.39M |
|
1649
ePlus
PLUS
$2.46B
| $13.1M | ﹤0.01% |
278,600
+16,976
| +6% | +$741K |
|
|
TIER
1650
DELISTED
TIER REIT, Inc.
TIER
| $13.1M | ﹤0.01% |
550,626
+30,225
| +6% | +$629K |
|
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.