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 | |
|---|---|---|---|---|---|---|
|
STI
176
DELISTED
SunTrust Banks, Inc.
STI
| $359M | 0.11% |
5,454,087
+66,121
| +1% | +$4.49M |
|
177
Alibaba
BABA
$308B
| $358M | 0.11% |
1,943,914
-26,173
| -1% | -$4.99M |
|
178
Delta Air Lines
DAL
$60.1B
| $357M | 0.11% |
7,221,454
+166,782
| +2% | +$8.9M |
|
179
Tesla
TSLA
$1.3T
| $356M | 0.11% |
15,604,215
+116,625
| +0.8% | +$2.37M |
|
180
VF Corp
VFC
$5.89B
| $354M | 0.11% |
4,625,554
+325,254
| +8% | +$24.5M |
|
181
Sempra
SRE
$54.8B
| $354M | 0.11% |
6,112,440
+411,404
| +7% | +$22.5M |
|
182
Aon
AON
$76B
| $350M | 0.11% |
2,554,992
+77,833
| +3% | +$11M |
|
183
Lam Research
LRCX
$390B
| $350M | 0.11% |
20,268,300
+945,570
| +5% | +$18.2M |
|
184
Sherwin-Williams
SHW
$89.8B
| $347M | 0.11% |
2,561,406
-299,556
| -10% | -$38.8M |
|
185
Johnson Controls International
JCI
$92.2B
| $345M | 0.11% |
10,327,761
+722,363
| +8% | +$25.1M |
|
|
PXD
186
DELISTED
Pioneer Natural Resource Co.
PXD
| $343M | 0.11% |
1,814,963
+7,183
| +0.4% | +$1.38M |
|
187
Western Digital
WDC
$150B
| $342M | 0.11% |
5,854,552
+353,137
| +6% | +$22.5M |
|
188
Sysco
SYY
$40.3B
| $341M | 0.1% |
5,005,624
+154,351
| +3% | +$9.86M |
|
189
Align Technology
ALGN
$12.3B
| $340M | 0.1% |
994,254
+38,314
| +4% | +$11.4M |
|
190
Autodesk
ADSK
$52.6B
| $338M | 0.1% |
2,584,599
+66,886
| +3% | +$8.86M |
|
191
AvalonBay Communities
AVB
$26.8B
| $337M | 0.1% |
1,963,555
+83,350
| +4% | +$13.8M |
|
192
Amphenol
APH
$209B
| $336M | 0.1% |
15,450,536
+325,224
| +2% | +$7.08M |
|
193
Regeneron Pharmaceuticals
REGN
$80.8B
| $334M | 0.1% |
970,817
+34,841
| +4% | +$10.9M |
|
194
Freeport-McMoran
FCX
$97.5B
| $333M | 0.1% |
19,335,317
+1,369,109
| +8% | +$23.2M |
|
|
TWTR
195
DELISTED
Twitter, Inc.
TWTR
| $332M | 0.1% |
7,612,970
+2,254,085
| +42% | +$79.1M |
|
196
Roper Technologies
ROP
$39.8B
| $332M | 0.1% |
1,204,386
+71,186
| +6% | +$19.6M |
|
197
Equity Residential
EQR
$25.1B
| $331M | 0.1% |
5,209,638
+489,614
| +10% | +$30.5M |
|
198
McKesson
MCK
$101B
| $329M | 0.1% |
2,473,907
+52,387
| +2% | +$7.66M |
|
199
Centene
CNC
$32.5B
| $329M | 0.1% |
5,344,038
+805,216
| +18% | +$46.4M |
|
200
Oneok
OKE
$54.5B
| $328M | 0.1% |
4,701,422
+288,308
| +7% | +$18.6M |
|
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 156 new, 3,028 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 156 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.