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 | |
|---|---|---|---|---|---|---|
2026
Southern Copper
SCCO
$155B
| $7.99M | ﹤0.01% |
185,074
-80,269
| -30% | -$3.85M |
|
2027
RPC Inc
RES
$1.28B
| $7.94M | ﹤0.01% |
545,094
+36,818
| +7% | +$629K |
|
|
AVX
2028
DELISTED
AVX Corporation
AVX
| $7.94M | ﹤0.01% |
506,536
+24,920
| +5% | +$396K |
|
|
APLS
2029
DELISTED
Apellis Pharmaceuticals
APLS
| $7.92M | ﹤0.01% |
360,202
+210,210
| +140% | +$4.83M |
|
|
NFBK
2030
DELISTED
Northfield Bancorp
NFBK
| $7.92M | ﹤0.01% |
476,800
+33,568
| +8% | +$544K |
|
2031
MBIA
MBI
$266M
| $7.92M | ﹤0.01% |
875,806
+27,854
| +3% | +$251K |
|
|
AMAG
2032
DELISTED
AMAG Pharmaceuticals
AMAG
| $7.88M | ﹤0.01% |
404,450
+34,894
| +9% | +$772K |
|
|
PRTY
2033
DELISTED
Party City Holdco Inc.
PRTY
| $7.86M | ﹤0.01% |
515,618
+167,204
| +48% | +$2.57M |
|
2034
NeoGenomics
NEO
$2.04B
| $7.86M | ﹤0.01% |
599,446
+52,417
| +10% | +$577K |
|
|
ASNA
2035
DELISTED
Ascena Retail Group, Inc.
ASNA
| $7.83M | ﹤0.01% |
98,327
+22,874
| +30% | +$1.38M |
|
2036
German American Bancorp
GABC
$1.92B
| $7.82M | ﹤0.01% |
218,253
+20,476
| +10% | +$728K |
|
|
ITG
2037
DELISTED
Investment Technology Group Inc
ITG
| $7.8M | ﹤0.01% |
372,730
+25,620
| +7% | +$547K |
|
2038
Central Pacific Financial
CPF
$1.02B
| $7.79M | ﹤0.01% |
271,926
+21,267
| +8% | +$629K |
|
2039
MacroGenics
MGNX
$243M
| $7.79M | ﹤0.01% |
377,102
+63,242
| +20% | +$1.42M |
|
|
MAGN
2040
Magnera Corp
MAGN
$489M
| $7.77M | ﹤0.01% |
30,511
+1,746
| +6% | +$432K |
|
2041
Vipshop
VIPS
$7.47B
| $7.75M | ﹤0.01% |
719,713
+33,220
| +5% | +$455K |
|
2042
TG Therapeutics
TGTX
$7.07B
| $7.74M | ﹤0.01% |
588,930
+90,679
| +18% | +$1.25M |
|
2043
Center Bancorp
CNOB
$1.68B
| $7.73M | ﹤0.01% |
310,315
+33,273
| +12% | +$902K |
|
2044
Customers Bancorp
CUBI
$2.72B
| $7.72M | ﹤0.01% |
272,005
+23,708
| +10% | +$708K |
|
|
EGRX
2045
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $7.72M | ﹤0.01% |
102,035
+22,621
| +28% | +$1.42M |
|
|
ECHO
2046
DELISTED
Echo Global Logistics, Inc.
ECHO
| $7.7M | ﹤0.01% |
263,134
+21,332
| +9% | +$610K |
|
|
FFG
2047
DELISTED
FBL Financial Group
FFG
| $7.64M | ﹤0.01% |
97,030
+11,204
| +13% | +$872K |
|
2048
Ingles Markets
IMKTA
$1.74B
| $7.64M | ﹤0.01% |
240,211
+20,053
| +9% | +$631K |
|
|
GBNK
2049
DELISTED
Guaranty Bancorp
GBNK
| $7.64M | ﹤0.01% |
256,332
+16,247
| +7% | +$499K |
|
2050
Middlesex Water
MSEX
$1.07B
| $7.59M | ﹤0.01% |
180,025
+14,512
| +9% | +$602K |
|
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.