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 | |
|---|---|---|---|---|---|---|
2376
Lennar Class B
LEN.B
$20.1B
| $4.25M | ﹤0.01% |
104,874
+9,933
| +10% | +$411K |
|
|
OMN
2377
DELISTED
OMNOVA Solutions Inc.
OMN
| $4.25M | ﹤0.01% |
409,185
+48,098
| +13% | +$513K |
|
|
CDR
2378
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.23M | ﹤0.01% |
135,814
+8,817
| +7% | +$243K |
|
|
BHR
2379
Braemar Hotels & Resorts
BHR
$150M
| $4.23M | ﹤0.01% |
373,764
+41,536
| +13% | +$435K |
|
2380
Vericel Corp
VCEL
$2.4B
| $4.22M | ﹤0.01% |
435,407
+174,131
| +67% | +$2.17M |
|
2381
1-800-Flowers.com
FLWS
$267M
| $4.21M | ﹤0.01% |
335,721
-12,659
| -4% | -$160K |
|
2382
Ambarella
AMBA
$3.64B
| $4.21M | ﹤0.01% |
109,088
+15,635
| +17% | +$740K |
|
|
WMC
2383
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $4.21M | ﹤0.01% |
40,420
+2,816
| +7% | +$289K |
|
|
PS
2384
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $4.21M | ﹤0.01% |
+171,991
| New | +$4.13M |
|
2385
Arrow Financial
AROW
$669M
| $4.2M | ﹤0.01% |
137,843
+17,262
| +14% | +$524K |
|
|
DS
2386
DELISTED
Drive Shack Inc.
DS
| $4.2M | ﹤0.01% |
543,963
+52,231
| +11% | +$315K |
|
2387
Farmers National Banc Corp
FMNB
$947M
| $4.19M | ﹤0.01% |
262,920
+13,220
| +5% | +$203K |
|
2388
REX American Resources
REX
$1.41B
| $4.19M | ﹤0.01% |
310,290
+9,156
| +3% | +$115K |
|
|
DOVA
2389
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
| $4.19M | ﹤0.01% |
139,965
+74,275
| +113% | +$2.02M |
|
|
CIO
2390
DELISTED
City Office REIT
CIO
| $4.17M | ﹤0.01% |
324,814
+26,052
| +9% | +$310K |
|
|
AGS
2391
DELISTED
PlayAGS
AGS
| $4.16M | ﹤0.01% |
153,577
+54,057
| +54% | +$1.26M |
|
|
TPCO
2392
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $4.16M | ﹤0.01% |
240,580
+5,542
| +2% | +$96.6K |
|
|
TRTX
2393
TPG RE Finance Trust
TRTX
$623M
| $4.16M | ﹤0.01% |
204,544
+62,965
| +44% | +$1.27M |
|
|
ASRT
2394
DELISTED
Assertio
ASRT
| $4.15M | ﹤0.01% |
10,373
+1,062
| +11% | +$432K |
|
|
AAMI
2395
Acadian Asset Management
AAMI
$3.18B
| $4.15M | ﹤0.01% |
291,147
-25,423
| -8% | -$389K |
|
2396
Pacific Biosciences
PACB
$441M
| $4.14M | ﹤0.01% |
1,165,577
+153,641
| +15% | +$426K |
|
2397
Omega Flex
OFLX
$305M
| $4.13M | ﹤0.01% |
52,262
+4,354
| +9% | +$303K |
|
|
MCA
2398
DELISTED
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
| $4.13M | ﹤0.01% |
309,582
+39,696
| +15% | +$529K |
|
|
FBNK
2399
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $4.12M | ﹤0.01% |
134,764
+19,312
| +17% | +$511K |
|
2400
Cytokinetics
CYTK
$10.3B
| $4.12M | ﹤0.01% |
496,450
+62,330
| +14% | +$519K |
|
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.