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 | |
|---|---|---|---|---|---|---|
|
CNR
1776
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $11.1M | ﹤0.01% |
530,769
+71,559
| +16% | +$1.37M |
|
|
EGOV
1777
DELISTED
NIC Inc
EGOV
| $11.1M | ﹤0.01% |
716,443
+92,633
| +15% | +$1.41M |
|
1778
Carvana
CVNA
$74.8B
| $11.1M | ﹤0.01% |
1,338,920
+674,405
| +101% | +$4.06M |
|
1779
BJ's Restaurants
BJRI
$1.43B
| $11.1M | ﹤0.01% |
185,631
+9,252
| +5% | +$497K |
|
1780
US Physical Therapy
USPH
$1.15B
| $11.1M | ﹤0.01% |
115,774
+10,661
| +10% | +$989K |
|
|
CSII
1781
DELISTED
Cardiovascular Systems, Inc.
CSII
| $11.1M | ﹤0.01% |
342,709
+28,865
| +9% | +$794K |
|
|
CRAY
1782
DELISTED
Cray, Inc.
CRAY
| $11.1M | ﹤0.01% |
450,561
+27,389
| +6% | +$682K |
|
1783
AMERISAFE
AMSF
$557M
| $11.1M | ﹤0.01% |
191,545
+18,126
| +10% | +$1.06M |
|
|
BAC.WS.A
1784
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $11.1M | ﹤0.01% |
677,640
-602,496
| -47% | -$10.9M |
|
|
FIT
1785
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $11M | ﹤0.01% |
1,686,763
+191,580
| +13% | +$1.1M |
|
|
ISCA
1786
DELISTED
International Speedway Corp
ISCA
| $11M | ﹤0.01% |
245,702
+8,454
| +4% | +$358K |
|
1787
WisdomTree
WT
$3.42B
| $10.9M | ﹤0.01% |
1,202,510
+153,853
| +15% | +$1.61M |
|
|
XENT
1788
DELISTED
Intersect ENT, Inc
XENT
| $10.9M | ﹤0.01% |
290,984
+23,712
| +9% | +$931K |
|
|
CBL
1789
DELISTED
CBL& Associates Properties, Inc.
CBL
| $10.9M | ﹤0.01% |
1,953,859
+205,052
| +12% | +$982K |
|
|
KBAL
1790
DELISTED
Kimball International
KBAL
| $10.8M | ﹤0.01% |
671,358
+52,135
| +8% | +$864K |
|
1791
CTS Corp
CTS
$1.92B
| $10.8M | ﹤0.01% |
301,220
+29,190
| +11% | +$924K |
|
|
CATM
1792
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $10.8M | ﹤0.01% |
448,011
+48,399
| +12% | +$1.25M |
|
1793
Winnebago Industries
WGO
$901M
| $10.8M | ﹤0.01% |
266,376
+13,053
| +5% | +$498K |
|
1794
FormFactor
FORM
$9.38B
| $10.8M | ﹤0.01% |
809,773
-59,136
| -7% | -$801K |
|
1795
Vanda Pharmaceuticals
VNDA
$321M
| $10.8M | ﹤0.01% |
564,920
+63,774
| +13% | +$1.07M |
|
1796
ASML
ASML
$658B
| $10.8M | ﹤0.01% |
54,341
-1,532
| -3% | -$308K |
|
1797
Weibo
WB
$1.99B
| $10.8M | ﹤0.01% |
121,773
-1,797
| -1% | -$195K |
|
1798
Autohome
ATHM
$2.64B
| $10.7M | ﹤0.01% |
107,163
+9,502
| +10% | +$975K |
|
|
TGI
1799
DELISTED
Triumph Group
TGI
| $10.7M | ﹤0.01% |
547,925
-26,317
| -5% | -$609K |
|
1800
Helix Energy Solutions
HLX
$1.41B
| $10.7M | ﹤0.01% |
1,288,136
+79,321
| +7% | +$583K |
|
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.