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
1851
Core Natural Resources Inc
CNR
$4.09B
| $9.89M | ﹤0.01% |
257,973
+10,419
| +4% | +$402K |
|
1852
Hanmi Financial
HAFC
$960M
| $9.88M | ﹤0.01% |
348,479
+52,350
| +18% | +$1.55M |
|
1853
Theravance Biopharma
TBPH
$875M
| $9.86M | ﹤0.01% |
434,721
+41,712
| +11% | +$990K |
|
1854
OraSure Technologies
OSUR
$287M
| $9.86M | ﹤0.01% |
598,587
+49,584
| +9% | +$837K |
|
1855
Wabash National
WNC
$507M
| $9.81M | ﹤0.01% |
525,695
-79,209
| -13% | -$1.61M |
|
1856
Independence Realty Trust
IRT
$4.02B
| $9.8M | ﹤0.01% |
950,826
+102,188
| +12% | +$984K |
|
1857
Alamo Group
ALG
$2.07B
| $9.8M | ﹤0.01% |
108,481
+3,430
| +3% | +$348K |
|
1858
Kadant
KAI
$3.95B
| $9.76M | ﹤0.01% |
101,459
+9,112
| +10% | +$876K |
|
1859
AppFolio
APPF
$7.07B
| $9.74M | ﹤0.01% |
159,387
+28,659
| +22% | +$1.56M |
|
1860
Iovance Biotherapeutics
IOVA
$1.95B
| $9.73M | ﹤0.01% |
760,308
+103,594
| +16% | +$1.51M |
|
1861
Sturm, Ruger & Co
RGR
$625M
| $9.71M | ﹤0.01% |
173,374
+21,904
| +14% | +$1.28M |
|
|
HIFR
1862
DELISTED
InfraREIT, Inc.
HIFR
| $9.7M | ﹤0.01% |
437,481
-3,068
| -0.7% | -$64.3K |
|
|
SHPG
1863
DELISTED
Shire pic
SHPG
| $9.7M | ﹤0.01% |
57,453
+2,359
| +4% | +$380K |
|
1864
PetMed Express
PETS
$42.5M
| $9.7M | ﹤0.01% |
220,115
-78,367
| -26% | -$3.03M |
|
1865
RadNet
RDNT
$5.44B
| $9.7M | ﹤0.01% |
646,335
+91,484
| +16% | +$1.24M |
|
|
WIRE
1866
DELISTED
Encore Wire Corp
WIRE
| $9.69M | ﹤0.01% |
204,288
+11,390
| +6% | +$581K |
|
1867
Johnson Outdoors
JOUT
$506M
| $9.69M | ﹤0.01% |
114,638
+14,600
| +15% | +$1.07M |
|
1868
Lindsay Corp
LNN
$1.2B
| $9.68M | ﹤0.01% |
99,836
+6,315
| +7% | +$594K |
|
1869
PJT Partners
PJT
$4.38B
| $9.66M | ﹤0.01% |
181,020
+23,792
| +15% | +$1.3M |
|
1870
Andersons Inc
ANDE
$2.54B
| $9.66M | ﹤0.01% |
282,439
+15,364
| +6% | +$508K |
|
|
MTSC
1871
DELISTED
MTS Systems Corp
MTSC
| $9.65M | ﹤0.01% |
183,395
+22,300
| +14% | +$1.17M |
|
1872
Standard Motor Products
SMP
$915M
| $9.63M | ﹤0.01% |
199,309
+16,065
| +9% | +$752K |
|
|
PGTI
1873
DELISTED
PGT, Inc.
PGTI
| $9.63M | ﹤0.01% |
462,023
+32,883
| +8% | +$642K |
|
|
GMS
1874
DELISTED
GMS Inc
GMS
| $9.62M | ﹤0.01% |
355,162
+57,237
| +19% | +$1.74M |
|
|
MCRN
1875
DELISTED
Milacron Holdings Corp.
MCRN
| $9.62M | ﹤0.01% |
507,934
+39,598
| +8% | +$781K |
|
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.