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 | |
|---|---|---|---|---|---|---|
|
WOW
2526
DELISTED
WideOpenWest
WOW
| $3.33M | ﹤0.01% |
366,324
+71,287
| +24% | +$583K |
|
|
LTS
2527
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $3.33M | ﹤0.01% |
1,176,439
+163,192
| +16% | +$474K |
|
2528
Farmers & Merchants Bancorp
FMAO
$481M
| $3.33M | ﹤0.01% |
110,494
+22,556
| +26% | +$705K |
|
|
ZAGG
2529
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $3.31M | ﹤0.01% |
364,920
+30,191
| +9% | +$331K |
|
2530
StoneCo
STNE
$2.58B
| $3.29M | ﹤0.01% |
80,078
+690
| +0.9% | +$18.7K |
|
2531
Peoples Financial Services
PFIS
$707M
| $3.29M | ﹤0.01% |
72,647
+3,175
| +5% | +$138K |
|
|
CSLT
2532
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $3.28M | ﹤0.01% |
874,573
+46,703
| +6% | +$148K |
|
|
AGNT
2533
AGNT Inc
AGNT
$734M
| $3.26M | ﹤0.01% |
599,972
+13,188
| +2% | +$68.2K |
|
2534
Preformed Line Products
PLPC
$2.28B
| $3.26M | ﹤0.01% |
61,418
+8,064
| +15% | +$455K |
|
2535
Primis Financial Corp
FRST
$404M
| $3.26M | ﹤0.01% |
222,346
+13,063
| +6% | +$197K |
|
2536
Altisource Portfolio Solutions
ASPS
$65.8M
| $3.25M | ﹤0.01% |
17,189
+825
| +5% | +$160K |
|
2537
Quanterix
QTRX
$190M
| $3.25M | ﹤0.01% |
125,882
+34,292
| +37% | +$766K |
|
|
CURO
2538
DELISTED
CURO Group Holdings Corp.
CURO
| $3.24M | ﹤0.01% |
323,468
+5,484
| +2% | +$59.8K |
|
2539
Option Care Health
OPCH
$3.56B
| $3.24M | ﹤0.01% |
405,206
+37,016
| +10% | +$487K |
|
|
NINE
2540
DELISTED
Nine Energy Service
NINE
| $3.24M | ﹤0.01% |
142,936
+9,013
| +7% | +$218K |
|
2541
Civista Bancshares
CIVB
$589M
| $3.24M | ﹤0.01% |
148,279
+11,160
| +8% | +$221K |
|
|
DF
2542
DELISTED
Dean Foods Company
DF
| $3.23M | ﹤0.01% |
1,064,406
+145,820
| +16% | +$587K |
|
2543
Blue Bird Corp
BLBD
$2.18B
| $3.22M | ﹤0.01% |
190,324
+17,234
| +10% | +$323K |
|
2544
TETRA Technologies
TTI
$1.26B
| $3.21M | ﹤0.01% |
1,373,790
+112,214
| +9% | +$261K |
|
2545
McEwen Inc
MUX
$1.18B
| $3.21M | ﹤0.01% |
214,214
+26,257
| +14% | +$465K |
|
2546
Reading International Class A
RDI
$34.3M
| $3.21M | ﹤0.01% |
201,354
+6,435
| +3% | +$102K |
|
|
IVC
2547
DELISTED
Invacare Corporation
IVC
| $3.19M | ﹤0.01% |
381,794
+33,874
| +10% | +$244K |
|
2548
Allient
ALNT
$1.92B
| $3.18M | ﹤0.01% |
138,720
+7,611
| +6% | +$210K |
|
2549
Tencent Music
TME
$15.6B
| $3.18M | ﹤0.01% |
+176,977
| New | +$2.83M |
|
|
MRLN
2550
DELISTED
Marlin Business Services Corp
MRLN
| $3.18M | ﹤0.01% |
147,841
+2,515
| +2% | +$57.8K |
|
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.