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 | |
|---|---|---|---|---|---|---|
2051
Vicor
VICR
$9.85B
| $7.58M | ﹤0.01% |
174,061
+9,444
| +6% | +$365K |
|
|
ORBC
2052
DELISTED
ORBCOMM, Inc.
ORBC
| $7.58M | ﹤0.01% |
750,432
+118,362
| +19% | +$1.13M |
|
2053
AMC Entertainment Holdings
AMC
$2.54B
| $7.58M | ﹤0.01% |
47,666
+2,604
| +6% | +$419K |
|
2054
Banc of California
BANC
$3.05B
| $7.54M | ﹤0.01% |
385,731
+22,172
| +6% | +$425K |
|
|
ATNX
2055
DELISTED
Athenex, Inc. Common Stock
ATNX
| $7.53M | ﹤0.01% |
20,179
+5,105
| +34% | +$1.75M |
|
|
CBAY
2056
DELISTED
Cymabay Therapeutics
CBAY
| $7.53M | ﹤0.01% |
561,063
+180,004
| +47% | +$2.25M |
|
2057
Adtran
ADTN
$718M
| $7.49M | ﹤0.01% |
504,077
+30,105
| +6% | +$449K |
|
|
MAXR
2058
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $7.47M | ﹤0.01% |
+148,836
| New | +$7.03M |
|
2059
HealthStream
HSTM
$828M
| $7.47M | ﹤0.01% |
273,576
+43,268
| +19% | +$1.15M |
|
|
BFS
2060
Saul Centers
BFS
$842M
| $7.47M | ﹤0.01% |
139,348
+8,366
| +6% | +$418K |
|
2061
Mercer International
MERC
$44.8M
| $7.45M | ﹤0.01% |
425,760
+10,024
| +2% | +$151K |
|
|
FFIC
2062
DELISTED
Flushing Financial
FFIC
| $7.44M | ﹤0.01% |
285,160
+21,449
| +8% | +$575K |
|
|
SAFE
2063
Safehold
SAFE
$1.16B
| $7.44M | ﹤0.01% |
141,661
+28,696
| +25% | +$1.48M |
|
|
EXTN
2064
DELISTED
Exterran Corporation
EXTN
| $7.38M | ﹤0.01% |
294,918
+16,280
| +6% | +$458K |
|
|
SVU
2065
DELISTED
SUPERVALU Inc.
SVU
| $7.38M | ﹤0.01% |
359,666
-8,194
| -2% | -$144K |
|
|
MCHB
2066
Mechanics Bancorp
MCHB
$3.77B
| $7.38M | ﹤0.01% |
273,694
+13,560
| +5% | +$374K |
|
2067
Genesco
GCO
$435M
| $7.37M | ﹤0.01% |
185,574
+13,886
| +8% | +$592K |
|
|
ORIT
2068
DELISTED
Oritani Financial Corp. New
ORIT
| $7.36M | ﹤0.01% |
454,567
+29,671
| +7% | +$468K |
|
|
GPMT
2069
Granite Point Mortgage Trust
GPMT
$69.5M
| $7.34M | ﹤0.01% |
400,067
+23,062
| +6% | +$407K |
|
|
XCRA
2070
DELISTED
Xcerra Corporation
XCRA
| $7.34M | ﹤0.01% |
525,156
-55,608
| -10% | -$732K |
|
|
RDFN
2071
DELISTED
Redfin
RDFN
| $7.33M | ﹤0.01% |
317,644
+72,875
| +30% | +$1.64M |
|
2072
Koppers
KOP
$976M
| $7.33M | ﹤0.01% |
191,027
+16,637
| +10% | +$691K |
|
2073
Dime Commercial Bancshares
DCOM
$1.82B
| $7.32M | ﹤0.01% |
203,518
+7,564
| +4% | +$268K |
|
|
UBA
2074
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $7.31M | ﹤0.01% |
323,131
+23,747
| +8% | +$497K |
|
|
CTRL
2075
DELISTED
Control4 Corporation
CTRL
| $7.3M | ﹤0.01% |
300,184
+25,900
| +9% | +$605K |
|
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.