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 | |
|---|---|---|---|---|---|---|
1726
Strategy Inc
MSTR
$35.7B
| $11.9M | ﹤0.01% |
934,490
+58,710
| +7% | +$765K |
|
|
ADSW
1727
DELISTED
Advanced Disposal Services Inc
ADSW
| $11.9M | ﹤0.01% |
479,877
+86,182
| +22% | +$2M |
|
1728
Arrowhead Research
ARWR
$12.1B
| $11.9M | ﹤0.01% |
873,912
+243,281
| +39% | +$2.27M |
|
|
DPLO
1729
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $11.9M | ﹤0.01% |
464,012
+63,083
| +16% | +$1.47M |
|
|
ALX
1730
Alexander's
ALX
$1.34B
| $11.8M | ﹤0.01% |
30,958
+1,191
| +4% | +$461K |
|
1731
LivePerson
LPSN
$27M
| $11.8M | ﹤0.01% |
37,356
+3,053
| +9% | +$863K |
|
|
HEES
1732
DELISTED
H&E Equipment Services
HEES
| $11.8M | ﹤0.01% |
314,288
+24,612
| +8% | +$918K |
|
|
TDAY
1733
USA Today Co
TDAY
$1.32B
| $11.8M | ﹤0.01% |
638,377
+171,282
| +37% | +$2.97M |
|
1734
Cannae Holdings
CNNE
$655M
| $11.8M | ﹤0.01% |
635,402
+88,910
| +16% | +$1.77M |
|
1735
Group 1 Automotive
GPI
$3.48B
| $11.8M | ﹤0.01% |
186,852
+17,145
| +10% | +$1.17M |
|
|
RDUS
1736
DELISTED
Radius Health, Inc.
RDUS
| $11.8M | ﹤0.01% |
399,233
+22,849
| +6% | +$722K |
|
1737
Alarm.com
ALRM
$2.75B
| $11.8M | ﹤0.01% |
291,018
+19,936
| +7% | +$827K |
|
|
RPT
1738
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $11.7M | ﹤0.01% |
886,735
+83,801
| +10% | +$1.02M |
|
1739
Dropbox
DBX
$7.71B
| $11.7M | ﹤0.01% |
361,140
+329,040
| +1,025% | +$10.3M |
|
|
RWT
1740
Redwood Trust
RWT
$580M
| $11.7M | ﹤0.01% |
708,604
+34,484
| +5% | +$553K |
|
1741
MGP Ingredients
MGPI
$370M
| $11.6M | ﹤0.01% |
130,918
+9,871
| +8% | +$885K |
|
1742
Gibraltar Industries
ROCK
$1.37B
| $11.6M | ﹤0.01% |
309,954
+18,016
| +6% | +$669K |
|
|
MNR
1743
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $11.6M | ﹤0.01% |
702,991
+90,128
| +15% | +$1.4M |
|
1744
United Fire Group
UFCS
$1.34B
| $11.6M | ﹤0.01% |
212,820
+17,575
| +9% | +$913K |
|
1745
Advanced Drainage Systems
WMS
$11.5B
| $11.6M | ﹤0.01% |
406,159
+68,999
| +20% | +$1.85M |
|
|
CBPX
1746
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $11.6M | ﹤0.01% |
367,532
+14,548
| +4% | +$432K |
|
1747
Gray Television
GTN
$434M
| $11.6M | ﹤0.01% |
733,785
+83,647
| +13% | +$1M |
|
1748
CBIZ
CBZ
$2.99B
| $11.6M | ﹤0.01% |
503,953
+35,425
| +8% | +$716K |
|
|
TWNK
1749
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $11.6M | ﹤0.01% |
852,042
+106,302
| +14% | +$1.46M |
|
|
PMT
1750
PennyMac Mortgage Investment
PMT
$823M
| $11.6M | ﹤0.01% |
609,446
+30,304
| +5% | +$556K |
|
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.