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 | |
|---|---|---|---|---|---|---|
|
MITT
2301
TPG Mortgage Investment Trust
MITT
$227M
| $4.95M | ﹤0.01% |
87,843
+10,424
| +13% | +$573K |
|
|
BFX
2302
DELISTED
BowFlex Inc.
BFX
| $4.95M | ﹤0.01% |
314,976
+25,819
| +9% | +$392K |
|
|
RETA
2303
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $4.95M | ﹤0.01% |
141,422
+27,191
| +24% | +$828K |
|
2304
Northern Oil and Gas
NOG
$2.25B
| $4.92M | ﹤0.01% |
156,086
+125,076
| +403% | +$2.82M |
|
|
TAST
2305
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $4.91M | ﹤0.01% |
330,824
+21,617
| +7% | +$261K |
|
|
GDEN
2306
DELISTED
Golden Entertainment
GDEN
| $4.91M | ﹤0.01% |
181,836
+24,590
| +16% | +$686K |
|
2307
Abeona Therapeutics
ABEO
$364M
| $4.9M | ﹤0.01% |
12,244
+896
| +8% | +$392K |
|
2308
Icon
ICLR
$12.2B
| $4.89M | ﹤0.01% |
36,907
+1,227
| +3% | +$153K |
|
|
HONE
2309
DELISTED
HarborOne Bancorp
HONE
| $4.88M | ﹤0.01% |
462,650
+24,173
| +6% | +$246K |
|
2310
Titan International
TWI
$466M
| $4.88M | ﹤0.01% |
454,951
+27,684
| +6% | +$321K |
|
2311
Artesian Resources
ARTNA
$352M
| $4.87M | ﹤0.01% |
125,554
+11,675
| +10% | +$443K |
|
|
RESI
2312
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $4.85M | ﹤0.01% |
465,639
+23,458
| +5% | +$244K |
|
2313
UNIFI
UFI
$119M
| $4.85M | ﹤0.01% |
152,943
+17,983
| +13% | +$592K |
|
2314
Flexsteel Industries
FLXS
$317M
| $4.83M | ﹤0.01% |
120,947
+1,316
| +1% | +$50.7K |
|
2315
Expro Ltd
XPRO
$1.79B
| $4.82M | ﹤0.01% |
103,075
+14,568
| +16% | +$618K |
|
|
AKCA
2316
DELISTED
Akcea Therapeutics Inc
AKCA
| $4.82M | ﹤0.01% |
203,131
-4,008
| -2% | -$95.7K |
|
|
NSM
2317
DELISTED
Nationstar Mortgage Holdings
NSM
| $4.82M | ﹤0.01% |
274,697
+15,401
| +6% | +$277K |
|
|
AVP
2318
DELISTED
Avon Products, Inc.
AVP
| $4.81M | ﹤0.01% |
2,969,378
+304,830
| +11% | +$645K |
|
2319
Universal Electronics
UEIC
$59.6M
| $4.81M | ﹤0.01% |
145,521
+9,964
| +7% | +$374K |
|
2320
Financial Institutions
FISI
$838M
| $4.79M | ﹤0.01% |
145,590
+14,322
| +11% | +$459K |
|
2321
Clean Energy Fuels
CLNE
$410M
| $4.79M | ﹤0.01% |
1,297,746
+199,543
| +18% | +$470K |
|
|
TVRD
2322
Tvardi Therapeutics
TVRD
$19M
| $4.79M | ﹤0.01% |
6,943
+580
| +9% | +$295K |
|
2323
Bank of Marin Bancorp
BMRC
$474M
| $4.77M | ﹤0.01% |
117,950
+16,206
| +16% | +$620K |
|
|
MODN
2324
DELISTED
MODEL N, INC.
MODN
| $4.77M | ﹤0.01% |
256,359
+16,042
| +7% | +$283K |
|
2325
VSE Corp
VSEC
$5.81B
| $4.75M | ﹤0.01% |
99,358
+12,518
| +14% | +$629K |
|
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.