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 | |
|---|---|---|---|---|---|---|
|
ITCI
2001
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $8.29M | ﹤0.01% |
469,119
+51,863
| +12% | +$1.05M |
|
2002
Tactile Systems Technology
TCMD
$683M
| $8.29M | ﹤0.01% |
159,390
+31,287
| +24% | +$1.36M |
|
2003
Malibu Boats
MBUU
$570M
| $8.28M | ﹤0.01% |
197,307
+7,604
| +4% | +$303K |
|
2004
TriCo Bancshares
TCBK
$1.87B
| $8.28M | ﹤0.01% |
220,967
+19,734
| +10% | +$755K |
|
|
ALTR
2005
DELISTED
Altair Engineering Inc
ALTR
| $8.27M | ﹤0.01% |
241,994
+62,842
| +35% | +$2.06M |
|
|
HMHC
2006
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $8.27M | ﹤0.01% |
1,080,659
+73,834
| +7% | +$524K |
|
2007
Shutterstock
SSTK
$222M
| $8.25M | ﹤0.01% |
173,851
+17,297
| +11% | +$822K |
|
2008
Manitowoc
MTW
$521M
| $8.23M | ﹤0.01% |
318,175
+26,161
| +9% | +$692K |
|
2009
SunCoke Energy
SXC
$752M
| $8.2M | ﹤0.01% |
612,180
+70,466
| +13% | +$874K |
|
|
USCR
2010
DELISTED
U S Concrete, Inc.
USCR
| $8.18M | ﹤0.01% |
155,870
+10,746
| +7% | +$639K |
|
2011
Cactus
WHD
$5.37B
| $8.17M | ﹤0.01% |
241,854
+21,818
| +10% | +$675K |
|
|
ACIA
2012
DELISTED
Acacia Communications Inc
ACIA
| $8.16M | ﹤0.01% |
234,377
+49,338
| +27% | +$1.61M |
|
|
VSTO
2013
DELISTED
Vista Outdoor Inc.
VSTO
| $8.15M | ﹤0.01% |
526,504
+39,177
| +8% | +$627K |
|
2014
Century Aluminum
CENX
$4.68B
| $8.15M | ﹤0.01% |
517,543
-69,163
| -12% | -$1.17M |
|
2015
Medpace
MEDP
$16.1B
| $8.15M | ﹤0.01% |
189,472
+51,173
| +37% | +$2.07M |
|
2016
MongoDB
MDB
$30.7B
| $8.13M | ﹤0.01% |
163,785
+51,064
| +45% | +$2.29M |
|
2017
Cass Information Systems
CASS
$727M
| $8.1M | ﹤0.01% |
141,194
+25,227
| +22% | +$1.32M |
|
2018
Cohu
COHU
$2.5B
| $8.07M | ﹤0.01% |
329,264
-16,337
| -5% | -$385K |
|
|
BNFT
2019
DELISTED
Benefitfocus, Inc.
BNFT
| $8.06M | ﹤0.01% |
239,806
+30,440
| +15% | +$954K |
|
|
CMO
2020
DELISTED
Capstead Mortgage Corp.
CMO
| $8.05M | ﹤0.01% |
899,512
+39,720
| +5% | +$356K |
|
2021
Buckle
BKE
$2.35B
| $8.04M | ﹤0.01% |
298,903
+20,310
| +7% | +$503K |
|
2022
American Public Education
APEI
$987M
| $8.04M | ﹤0.01% |
190,918
+34,468
| +22% | +$1.44M |
|
2023
Rayonier Advanced Materials
RYAM
$607M
| $8.03M | ﹤0.01% |
469,709
+12,755
| +3% | +$246K |
|
|
VCRA
2024
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $8.03M | ﹤0.01% |
268,490
+17,087
| +7% | +$454K |
|
2025
Myers Industries
MYE
$1.39B
| $8.02M | ﹤0.01% |
417,562
+168,364
| +68% | +$3.59M |
|
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.