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 |
Amazon
AMZN
|
+$478M |
| 2 |
McDonald's
MCD
|
+$464M |
| 3 |
Apple
AAPL
|
+$450M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$428M |
| 5 |
Home Depot
HD
|
+$404M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$657M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$320M |
| 3 |
Cisco
CSCO
|
+$130M |
| 4 |
Meta Platforms (Facebook)
META
|
+$129M |
| 5 |
Eli Lilly
LLY
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.31% |
| 2 | Financials | 14.85% |
| 3 | Healthcare | 14.2% |
| 4 | Consumer Discretionary | 10.44% |
| 5 | Industrials | 9.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BCOV
2476
DELISTED
Brightcove, Inc.
BCOV
| $3.64M | ﹤0.01% |
432,420
+16,477
| +4% | +$133K |
|
2477
Geron
GERN
$949M
| $3.63M | ﹤0.01% |
2,187,560
+295,004
| +16% | +$403K |
|
|
KIN
2478
DELISTED
Kindred Biosciences, Inc.
KIN
| $3.63M | ﹤0.01% |
395,943
+56,299
| +17% | +$572K |
|
|
LHC.U
2479
DELISTED
Leo Holdings Corp. II Units, each consisting of one Class A ordinary share and one-quarter of one redeemable warrant
LHC.U
| $3.63M | ﹤0.01% |
350,000
| – | – |
|
2480
Scorpio Tankers
STNG
$3.81B
| $3.62M | ﹤0.01% |
182,522
+23,355
| +15% | +$443K |
|
|
OMN
2481
DELISTED
OMNOVA Solutions Inc.
OMN
| $3.6M | ﹤0.01% |
512,514
+1,282
| +0.3% | +$10.2K |
|
2482
MediciNova
MNOV
$66M
| $3.58M | ﹤0.01% |
432,302
+15,721
| +4% | +$137K |
|
2483
Rockwell Medical
RMTI
$28.2M
| $3.57M | ﹤0.01% |
5,705
+798
| +16% | +$364K |
|
2484
SIGA Technologies
SIGA
$219M
| $3.57M | ﹤0.01% |
594,005
+38,202
| +7% | +$256K |
|
2485
Millicom
TIGO
$16.3B
| $3.57M | ﹤0.01% |
+58,229
| New | +$3.64M |
|
2486
Energy Recovery
ERII
$443M
| $3.56M | ﹤0.01% |
407,814
+21,788
| +6% | +$173K |
|
2487
Spok Holdings
SPOK
$241M
| $3.55M | ﹤0.01% |
260,720
+15,972
| +7% | +$222K |
|
2488
BRC Group Holdings
RILY
$289M
| $3.54M | ﹤0.01% |
211,935
+16,018
| +8% | +$255K |
|
2489
Clarus
CLAR
$143M
| $3.53M | ﹤0.01% |
277,158
+37,524
| +16% | +$423K |
|
2490
Park-Ohio Holdings
PKOH
$761M
| $3.53M | ﹤0.01% |
108,907
+12,805
| +13% | +$415K |
|
|
AGEN
2491
Agenus
AGEN
$290M
| $3.52M | ﹤0.01% |
60,427
+6,308
| +12% | +$391K |
|
2492
Arlo Technologies
ARLO
$1.65B
| $3.52M | ﹤0.01% |
852,553
+40,312
| +5% | +$223K |
|
2493
Titan Machinery
TITN
$445M
| $3.52M | ﹤0.01% |
226,396
+19,206
| +9% | +$356K |
|
|
GDEN
2494
DELISTED
Golden Entertainment
GDEN
| $3.51M | ﹤0.01% |
247,783
+36,609
| +17% | +$641K |
|
2495
Alpha Metallurgical Resources
AMR
$1.93B
| $3.5M | ﹤0.01% |
60,526
+5,099
| +9% | +$312K |
|
|
BRSL
2496
Brightstar Lottery PLC
BRSL
$2.03B
| $3.5M | ﹤0.01% |
269,760
-5,732
| -2% | -$88.3K |
|
2497
nLIGHT
LASR
$3.17B
| $3.5M | ﹤0.01% |
157,207
+11,795
| +8% | +$239K |
|
|
ALBO
2498
DELISTED
Albireo Pharma Inc
ALBO
| $3.5M | ﹤0.01% |
108,716
+11,282
| +12% | +$304K |
|
2499
Byline Bancorp
BY
$1.76B
| $3.5M | ﹤0.01% |
189,256
+17,016
| +10% | +$320K |
|
2500
UNIFI
UFI
$134M
| $3.49M | ﹤0.01% |
180,237
+9,531
| +6% | +$208K |
|
Similar funds
Geode Capital Management's Q1 2019 Portfolio in Review
As of Q1 2019, Geode Capital Management held 4,238 positions worth $386B, up 19% from $323B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $17.9B of net new capital in Q1 2019, opening 97 new positions and adding to 3,168 existing holdings. Its largest new stake was Fox Class A: 4,763,740 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Cisco, an estimated $130M trimmed.
- Geode Capital Management's largest Q1 2019 buy was Fox Class A: 4,763,740 shares worth $175M.
- Geode Capital Management added most to Amazon in Q1 2019, an estimated $478M increase.
- Geode Capital Management's biggest Q1 2019 reduction was Cisco, cutting an estimated $130M.
- Geode Capital Management fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $657M.
- Geode Capital Management's ten largest holdings make up 17% of its $386B portfolio in Q1 2019.
- Geode Capital Management opened 97 new positions and closed 110 in Q1 2019.
- Geode Capital Management's portfolio value rose 19% quarter-over-quarter to $386B.
Based on Geode Capital Management's 13F filing for Q1 2019, filed 14 May 2019.