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 | |
|---|---|---|---|---|---|---|
2126
GrafTech
EAF
$195M
| $6.57M | ﹤0.01% |
+36,518
| New | +$6.66M |
|
2127
Ring Energy
REI
$320M
| $6.57M | ﹤0.01% |
520,411
+87,649
| +20% | +$1.27M |
|
|
GOOD
2128
Gladstone Commercial Corp
GOOD
$604M
| $6.57M | ﹤0.01% |
341,665
+68,040
| +25% | +$1.24M |
|
|
JOBS
2129
DELISTED
51job Inc
JOBS
| $6.56M | ﹤0.01% |
67,562
+38,963
| +136% | +$3.82M |
|
|
KE
2130
Kimball Electronics
KE
$619M
| $6.55M | ﹤0.01% |
357,949
+16,814
| +5% | +$300K |
|
2131
Assembly Biosciences
ASMB
$503M
| $6.54M | ﹤0.01% |
13,899
-220
| -2% | -$116K |
|
2132
Workiva
WK
$3.43B
| $6.54M | ﹤0.01% |
267,881
+18,828
| +8% | +$474K |
|
2133
Midland States Bancorp
MSBI
$711M
| $6.51M | ﹤0.01% |
190,071
+42,998
| +29% | +$1.41M |
|
|
TOWR
2134
DELISTED
Tower International, Inc.
TOWR
| $6.5M | ﹤0.01% |
204,378
+8,709
| +4% | +$262K |
|
2135
DMC Global
BOOM
$149M
| $6.49M | ﹤0.01% |
144,506
+21,355
| +17% | +$825K |
|
2136
MiMedx Group
MDXG
$622M
| $6.48M | ﹤0.01% |
1,014,404
+12,705
| +1% | +$90.4K |
|
2137
Wheaton Precious Metals
WPM
$50.8B
| $6.48M | ﹤0.01% |
296,681
+13,252
| +5% | +$285K |
|
2138
Wave Life Sciences
WVE
$1.13B
| $6.46M | ﹤0.01% |
169,023
+28,768
| +21% | +$1.24M |
|
2139
Prothena Corp
PRTA
$436M
| $6.46M | ﹤0.01% |
442,854
+89,527
| +25% | +$1.77M |
|
2140
Smith & Wesson
SWBI
$660M
| $6.45M | ﹤0.01% |
697,964
+31,951
| +5% | +$287K |
|
2141
Gorman-Rupp
GRC
$2.19B
| $6.45M | ﹤0.01% |
184,242
+28,777
| +19% | +$939K |
|
2142
Imperial Oil
IMO
$61.1B
| $6.44M | ﹤0.01% |
195,783
+16,815
| +9% | +$526K |
|
2143
Ethan Allen Interiors
ETD
$598M
| $6.44M | ﹤0.01% |
262,817
+21,745
| +9% | +$514K |
|
2144
Team
TISI
$77.7M
| $6.43M | ﹤0.01% |
27,850
+1,563
| +6% | +$301K |
|
|
TSC
2145
DELISTED
TriState Capital Holdings, Inc.
TSC
| $6.42M | ﹤0.01% |
245,999
+45,037
| +22% | +$1.14M |
|
2146
Immersion
IMMR
$248M
| $6.41M | ﹤0.01% |
414,960
+145,856
| +54% | +$1.95M |
|
2147
QCR Holdings
QCRH
$1.71B
| $6.4M | ﹤0.01% |
134,978
+12,298
| +10% | +$580K |
|
2148
International Seaways
INSW
$4.71B
| $6.4M | ﹤0.01% |
276,537
-6,318
| -2% | -$128K |
|
|
HTBK
2149
DELISTED
Heritage Commerce
HTBK
| $6.38M | ﹤0.01% |
375,252
+54,179
| +17% | +$920K |
|
|
AXDX
2150
DELISTED
Accelerate Diagnostics
AXDX
| $6.36M | ﹤0.01% |
28,508
+2,233
| +8% | +$500K |
|
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.