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 | |
|---|---|---|---|---|---|---|
|
CLDT
1801
Chatham Lodging
CLDT
$629M
| $10.7M | ﹤0.01% |
503,127
+43,566
| +9% | +$868K |
|
|
RPT.PRD
1802
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
|
|
CYS
1803
DELISTED
CYS Investments Inc.
CYS
| $10.7M | ﹤0.01% |
1,421,359
+85,559
| +6% | +$612K |
|
1804
Onto Innovation
ONTO
$14.3B
| $10.7M | ﹤0.01% |
301,016
+12,956
| +4% | +$444K |
|
1805
AZZ Inc
AZZ
$4.59B
| $10.6M | ﹤0.01% |
244,344
+26,078
| +12% | +$1.16M |
|
|
CORE
1806
DELISTED
Core Mark Holding Co., Inc.
CORE
| $10.6M | ﹤0.01% |
466,972
+27,471
| +6% | +$565K |
|
|
HSII
1807
DELISTED
Heidrick & Struggles
HSII
| $10.6M | ﹤0.01% |
302,430
+57,203
| +23% | +$2.07M |
|
1808
Schneider National
SNDR
$6.37B
| $10.6M | ﹤0.01% |
384,618
+34,808
| +10% | +$967K |
|
|
HTZ
1809
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $10.6M | ﹤0.01% |
793,774
+56,890
| +8% | +$921K |
|
|
WUBA
1810
DELISTED
58.com Inc
WUBA
| $10.6M | ﹤0.01% |
153,740
-1,665
| -1% | -$136K |
|
1811
Tompkins Financial
TMP
$1.46B
| $10.6M | ﹤0.01% |
123,109
+8,178
| +7% | +$671K |
|
1812
Southside Bancshares
SBSI
$976M
| $10.6M | ﹤0.01% |
313,261
+39,193
| +14% | +$1.35M |
|
1813
Sunrun
RUN
$2.63B
| $10.5M | ﹤0.01% |
802,236
+124,954
| +18% | +$1.36M |
|
1814
LGI Homes
LGIH
$1.43B
| $10.5M | ﹤0.01% |
182,521
+22,313
| +14% | +$1.44M |
|
|
AYR
1815
DELISTED
Aircastle Ltd
AYR
| $10.5M | ﹤0.01% |
512,611
+38,640
| +8% | +$805K |
|
1816
Vodafone
VOD
$36.3B
| $10.5M | ﹤0.01% |
431,432
-14,864
| -3% | -$406K |
|
1817
NMI Holdings
NMIH
$3.34B
| $10.5M | ﹤0.01% |
643,335
+80,249
| +14% | +$1.3M |
|
|
SRDX
1818
DELISTED
Surmodics
SRDX
| $10.5M | ﹤0.01% |
189,616
+56,123
| +42% | +$2.59M |
|
|
FSP
1819
Franklin Street Properties
FSP
$48.4M
| $10.4M | ﹤0.01% |
1,218,284
+94,166
| +8% | +$746K |
|
|
EBSB
1820
DELISTED
Meridian Bancorp, Inc.
EBSB
| $10.4M | ﹤0.01% |
543,914
+26,084
| +5% | +$510K |
|
1821
Resources Connection
RGP
$158M
| $10.4M | ﹤0.01% |
616,155
+64,730
| +12% | +$1.06M |
|
1822
National Bank Holdings
NBHC
$1.94B
| $10.4M | ﹤0.01% |
269,388
+23,434
| +10% | +$864K |
|
|
KNL
1823
DELISTED
Knoll, Inc.
KNL
| $10.4M | ﹤0.01% |
499,456
+28,524
| +6% | +$585K |
|
1824
Heritage Financial
HFWA
$1.25B
| $10.4M | ﹤0.01% |
297,528
+28,752
| +11% | +$921K |
|
1825
Innoviva
INVA
$1.54B
| $10.3M | ﹤0.01% |
749,851
-4,562
| -0.6% | -$68.4K |
|
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.