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 | |
|---|---|---|---|---|---|---|
2451
Clearwater Paper
CLW
$347M
| $3.84M | ﹤0.01% |
166,183
+13,982
| +9% | +$384K |
|
|
CURO
2452
DELISTED
CURO Group Holdings Corp.
CURO
| $3.83M | ﹤0.01% |
153,628
+43,215
| +39% | +$949K |
|
2453
eHealth
EHTH
$44.4M
| $3.83M | ﹤0.01% |
173,241
+14,699
| +9% | +$284K |
|
|
ONC
2454
BeOne Medicines Ltd
ONC
$32.2B
| $3.82M | ﹤0.01% |
24,841
+7,206
| +41% | +$1.29M |
|
|
ARQL
2455
DELISTED
Arqule Inc
ARQL
| $3.82M | ﹤0.01% |
690,651
+372,640
| +117% | +$1.42M |
|
2456
Covenant Logistics
CVLG
$882M
| $3.81M | ﹤0.01% |
242,066
+27,176
| +13% | +$414K |
|
2457
Intrepid Potash
IPI
$449M
| $3.81M | ﹤0.01% |
92,949
+4,579
| +5% | +$200K |
|
|
RRD
2458
DELISTED
RR Donnelley & Sons Co.
RRD
| $3.8M | ﹤0.01% |
660,549
+65,351
| +11% | +$482K |
|
|
PHH
2459
DELISTED
PHH Corporation
PHH
| $3.8M | ﹤0.01% |
350,182
+17,152
| +5% | +$184K |
|
2460
CareDx
CDNA
$2.54B
| $3.79M | ﹤0.01% |
310,048
+158,338
| +104% | +$1.82M |
|
2461
Heritage Insurance Holdings
HRTG
$915M
| $3.79M | ﹤0.01% |
227,152
+20,152
| +10% | +$332K |
|
|
INWK
2462
DELISTED
InnerWorkings, Inc.
INWK
| $3.79M | ﹤0.01% |
435,681
+33,764
| +8% | +$312K |
|
2463
Citi Trends
CTRN
$574M
| $3.78M | ﹤0.01% |
137,743
-46
| -0% | -$1.38K |
|
|
TBRG
2464
DELISTED
TruBridge
TBRG
| $3.78M | ﹤0.01% |
114,840
+10,696
| +10% | +$336K |
|
2465
CAE Inc. Common Shares
CAE
$8.47B
| $3.77M | ﹤0.01% |
183,702
+12,474
| +7% | +$247K |
|
2466
PennyMac Financial
PFSI
$3.97B
| $3.77M | ﹤0.01% |
191,893
+8,789
| +5% | +$183K |
|
|
MRT
2467
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $3.77M | ﹤0.01% |
342,171
-26,518
| -7% | -$274K |
|
2468
Viking Therapeutics
VKTX
$3.8B
| $3.76M | ﹤0.01% |
396,011
+161,697
| +69% | +$1.08M |
|
2469
Lifecore Biomedical
LFCR
$167M
| $3.74M | ﹤0.01% |
251,013
+24,311
| +11% | +$338K |
|
|
FBMS
2470
DELISTED
The First Bancshares, Inc.
FBMS
| $3.74M | ﹤0.01% |
103,961
+17,874
| +21% | +$602K |
|
2471
MarineMax
HZO
$769M
| $3.73M | ﹤0.01% |
197,013
+10,537
| +6% | +$228K |
|
|
NIHD
2472
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $3.72M | ﹤0.01% |
953,129
+282,705
| +42% | +$772K |
|
2473
Option Care Health
OPCH
$3.6B
| $3.71M | ﹤0.01% |
316,413
+34,689
| +12% | +$364K |
|
2474
Alpha and Omega Semiconductor
AOSL
$955M
| $3.7M | ﹤0.01% |
259,687
+8,625
| +3% | +$133K |
|
|
COWN
2475
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.69M | ﹤0.01% |
266,839
+20,007
| +8% | +$301K |
|
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.