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 | |
|---|---|---|---|---|---|---|
1901
Golar LNG
GLNG
$5.03B
| $9.3M | ﹤0.01% |
315,805
+33,088
| +12% | +$1M |
|
1902
Kelly Services Class A
KELYA
$528M
| $9.3M | ﹤0.01% |
414,381
+34,705
| +9% | +$906K |
|
1903
Federal Agricultural Mortgage
AGM
$2.62B
| $9.29M | ﹤0.01% |
103,838
+7,811
| +8% | +$701K |
|
1904
Horizon Bancorp
HBNC
$1.06B
| $9.28M | ﹤0.01% |
448,644
+139,504
| +45% | +$2.85M |
|
1905
CarGurus
CARG
$3.34B
| $9.26M | ﹤0.01% |
266,679
+99,967
| +60% | +$3.37M |
|
1906
Encore Capital Group
ECPG
$2.05B
| $9.26M | ﹤0.01% |
253,055
+26,376
| +12% | +$1.11M |
|
1907
Triumph Financial Inc
TFIN
$1.91B
| $9.26M | ﹤0.01% |
227,248
+60,461
| +36% | +$2.44M |
|
|
LBAI
1908
DELISTED
Lakeland Bancorp Inc
LBAI
| $9.25M | ﹤0.01% |
465,989
+42,911
| +10% | +$862K |
|
|
VRS
1909
DELISTED
Verso Corporation
VRS
| $9.25M | ﹤0.01% |
425,054
+88,336
| +26% | +$1.68M |
|
1910
Huron Consulting
HURN
$2.43B
| $9.24M | ﹤0.01% |
225,843
+21,291
| +10% | +$829K |
|
1911
Stock Yards Bancorp
SYBT
$2.65B
| $9.22M | ﹤0.01% |
241,752
+24,759
| +11% | +$949K |
|
1912
Columbus McKinnon
CMCO
$622M
| $9.21M | ﹤0.01% |
212,489
+12,018
| +6% | +$466K |
|
1913
Super Micro Computer
SMCI
$20.5B
| $9.2M | ﹤0.01% |
3,889,780
+315,880
| +9% | +$690K |
|
|
FBC
1914
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $9.2M | ﹤0.01% |
268,430
+86,959
| +48% | +$3.03M |
|
|
AUD
1915
DELISTED
Audacy, Inc.
AUD
| $9.19M | ﹤0.01% |
1,217,116
+118,576
| +11% | +$1.01M |
|
|
KTWO
1916
DELISTED
K2M Group Holdings, Inc
KTWO
| $9.18M | ﹤0.01% |
407,836
+25,364
| +7% | +$535K |
|
|
PRFT
1917
DELISTED
Perficient Inc
PRFT
| $9.18M | ﹤0.01% |
347,939
+11,748
| +3% | +$295K |
|
1918
Stewart Information Services
STC
$2.09B
| $9.17M | ﹤0.01% |
212,870
+17,132
| +9% | +$735K |
|
|
QUOT
1919
DELISTED
Quotient Technology Inc
QUOT
| $9.16M | ﹤0.01% |
699,223
+66,628
| +11% | +$889K |
|
|
XOXO
1920
DELISTED
Xo Group Inc
XOXO
| $9.15M | ﹤0.01% |
285,873
-20,033
| -7% | -$559K |
|
|
KMG
1921
DELISTED
KMG Chemicals Inc
KMG
| $9.14M | ﹤0.01% |
123,903
+21,050
| +20% | +$1.42M |
|
1922
Columbia Financial
CLBK
$1.12B
| $9.13M | ﹤0.01% |
+551,932
| New | +$9.18M |
|
|
RUTH
1923
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $9.13M | ﹤0.01% |
325,486
+27,885
| +9% | +$751K |
|
1924
Stoneridge
SRI
$213M
| $9.13M | ﹤0.01% |
259,780
+37,543
| +17% | +$1.14M |
|
|
LABL
1925
DELISTED
Multi-Color Corp
LABL
| $9.1M | ﹤0.01% |
140,808
+7,886
| +6% | +$527K |
|
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.