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 | |
|---|---|---|---|---|---|---|
1701
Clearway Energy Class C
CWEN
$4.99B
| $12.3M | ﹤0.01% |
714,396
+50,127
| +8% | +$878K |
|
|
CPLA
1702
DELISTED
Capella Education Company
CPLA
| $12.3M | ﹤0.01% |
124,484
+12,685
| +11% | +$1.18M |
|
1703
Rapid7
RPD
$680M
| $12.3M | ﹤0.01% |
435,035
+102,551
| +31% | +$3.05M |
|
1704
City Holding Co
CHCO
$2.05B
| $12.3M | ﹤0.01% |
163,047
+15,239
| +10% | +$1.13M |
|
1705
Asbury Automotive
ABG
$4.09B
| $12.3M | ﹤0.01% |
178,807
+13,167
| +8% | +$922K |
|
1706
Lakeland Financial Corp
LKFN
$1.56B
| $12.2M | ﹤0.01% |
253,696
+18,424
| +8% | +$896K |
|
|
CTB
1707
DELISTED
Cooper Tire & Rubber Co.
CTB
| $12.2M | ﹤0.01% |
464,558
+25,581
| +6% | +$688K |
|
|
VTLE
1708
DELISTED
Vital Energy
VTLE
| $12.2M | ﹤0.01% |
63,496
+5,970
| +10% | +$1.12M |
|
|
INST
1709
DELISTED
Instructure, Inc.
INST
| $12.2M | ﹤0.01% |
286,346
+18,839
| +7% | +$795K |
|
1710
Amneal Pharmaceuticals
AMRX
$6.02B
| $12.2M | ﹤0.01% |
+741,184
| New | +$13M |
|
1711
Chesapeake Utilities
CPK
$3.21B
| $12.2M | ﹤0.01% |
151,988
+13,534
| +10% | +$1.03M |
|
|
HDP
1712
DELISTED
Hortonworks, Inc.
HDP
| $12.1M | ﹤0.01% |
665,992
+94,928
| +17% | +$1.71M |
|
1713
Americold
COLD
$4.03B
| $12.1M | ﹤0.01% |
550,770
+91,218
| +20% | +$1.91M |
|
1714
First Interstate BancSystem
FIBK
$3.75B
| $12.1M | ﹤0.01% |
287,393
+42,180
| +17% | +$1.77M |
|
1715
Stride
LRN
$3.41B
| $12.1M | ﹤0.01% |
739,652
+72,067
| +11% | +$1.12M |
|
1716
Travere Therapeutics
TVTX
$5.11B
| $12.1M | ﹤0.01% |
443,742
+75,659
| +21% | +$2.01M |
|
|
APTI
1717
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $12.1M | ﹤0.01% |
333,748
+91,268
| +38% | +$2.93M |
|
1718
Employers Holdings
EIG
$910M
| $12.1M | ﹤0.01% |
300,170
+25,759
| +9% | +$1.05M |
|
|
MODV
1719
DELISTED
ModivCare
MODV
| $12.1M | ﹤0.01% |
153,540
+20,327
| +15% | +$1.53M |
|
1720
Glaukos
GKOS
$10.1B
| $12M | ﹤0.01% |
296,185
+15,766
| +6% | +$561K |
|
|
BOLD
1721
DELISTED
Audentes Therapeutics, Inc
BOLD
| $12M | ﹤0.01% |
314,950
+84,700
| +37% | +$3.14M |
|
|
B
1722
Barrick Mining
B
$64B
| $12M | ﹤0.01% |
922,747
+2,962
| +0.3% | +$38.8K |
|
1723
Standex International
SXI
$3.78B
| $12M | ﹤0.01% |
117,472
+7,015
| +6% | +$699K |
|
|
DEA
1724
Easterly Government Properties
DEA
$1.17B
| $12M | ﹤0.01% |
242,684
+60,891
| +33% | +$3.07M |
|
|
AQUA
1725
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $12M | ﹤0.01% |
583,898
+119,827
| +26% | +$2.45M |
|
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.