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 | |
|---|---|---|---|---|---|---|
|
BGG
2101
DELISTED
Briggs & Stratton Corp.
BGG
| $6.96M | ﹤0.01% |
395,529
+21,719
| +6% | +$413K |
|
|
HSKA
2102
DELISTED
Heska Corp
HSKA
| $6.96M | ﹤0.01% |
67,096
+5,941
| +10% | +$556K |
|
|
EPZM
2103
DELISTED
Epizyme, Inc
EPZM
| $6.95M | ﹤0.01% |
513,029
+35,186
| +7% | +$548K |
|
|
DHIL
2104
DELISTED
Diamond Hill
DHIL
| $6.93M | ﹤0.01% |
35,633
+2,949
| +9% | +$584K |
|
|
PFC
2105
DELISTED
Premier Financial Corp. Common Stock
PFC
| $6.88M | ﹤0.01% |
205,310
+35,412
| +21% | +$1.09M |
|
|
LION
2106
DELISTED
Fidelity Southern Corporation
LION
| $6.88M | ﹤0.01% |
270,624
+21,429
| +9% | +$517K |
|
|
TERP
2107
DELISTED
TerraForm Power, Inc
TERP
| $6.87M | ﹤0.01% |
587,514
+162,178
| +38% | +$1.81M |
|
2108
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$577M
| – | – |
0
| – | – |
|
|
TELL
2109
DELISTED
Tellurian Inc.
TELL
| $6.82M | ﹤0.01% |
820,128
+152,214
| +23% | +$1.52M |
|
2110
M/I Homes
MHO
$3.75B
| $6.81M | ﹤0.01% |
257,231
+28,466
| +12% | +$848K |
|
2111
Veeco
VECO
$3.11B
| $6.8M | ﹤0.01% |
477,447
+29,305
| +7% | +$485K |
|
2112
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $6.78M | ﹤0.01% |
148,203
+27,705
| +23% | +$1.31M |
|
|
RFP
2113
DELISTED
Resolute Forest Products Inc.
RFP
| $6.77M | ﹤0.01% |
654,456
+10,201
| +2% | +$103K |
|
2114
Codexis
CDXS
$156M
| $6.77M | ﹤0.01% |
470,276
+68,206
| +17% | +$890K |
|
|
BBBY
2115
Bed Bath & Beyond
BBBY
$507M
| $6.75M | ﹤0.01% |
266,872
+37,436
| +16% | +$1.02M |
|
|
JCP
2116
DELISTED
J.C. Penney Company, Inc.
JCP
| $6.74M | ﹤0.01% |
2,879,421
+240,859
| +9% | +$680K |
|
|
TPC
2117
Tutor Perini Cor
TPC
$4.51B
| $6.71M | ﹤0.01% |
363,536
+28,955
| +9% | +$595K |
|
2118
Coca-Cola Consolidated
COKE
$12B
| $6.7M | ﹤0.01% |
495,880
+32,190
| +7% | +$475K |
|
2119
Arbor Realty Trust
ABR
$963M
| $6.68M | ﹤0.01% |
640,798
+326,304
| +104% | +$3.03M |
|
|
INOV
2120
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $6.66M | ﹤0.01% |
670,575
+52,498
| +8% | +$543K |
|
|
THR
2121
DELISTED
Thermon Group Holdings
THR
| $6.64M | ﹤0.01% |
290,561
+21,811
| +8% | +$511K |
|
|
DAY
2122
DELISTED
Dayforce
DAY
| $6.64M | ﹤0.01% |
+200,219
| New | +$7.05M |
|
|
EXPR
2123
DELISTED
Express, Inc.
EXPR
| $6.63M | ﹤0.01% |
36,207
+3,273
| +10% | +$568K |
|
|
ADAM
2124
Adamas Trust
ADAM
$848M
| $6.57M | ﹤0.01% |
273,463
+14,994
| +6% | +$365K |
|
|
UCTT
2125
Ultra Clean Holdings
UCTT
$4B
| $6.57M | ﹤0.01% |
395,837
+57,444
| +17% | +$1.01M |
|
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.