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 | |
|---|---|---|---|---|---|---|
|
HPR
2626
DELISTED
HighPoint Resources Corporation
HPR
| $2.76M | ﹤0.01% |
24,999
+1,636
| +7% | +$218K |
|
|
CALA
2627
DELISTED
Calithera Biosciences, Inc
CALA
| $2.76M | ﹤0.01% |
20,480
+3,047
| +17% | +$320K |
|
|
CET
2628
Central Securities Corp
CET
$1.65B
| $2.76M | ﹤0.01% |
96,316
-2,532
| -3% | -$68.7K |
|
2629
NWPX Infrastructure Inc
NWPX
$1.15B
| $2.75M | ﹤0.01% |
114,418
+11,846
| +12% | +$281K |
|
2630
Century Casinos
CNTY
$34M
| $2.74M | ﹤0.01% |
302,656
+23,873
| +9% | +$196K |
|
2631
British American Tobacco
BTI
$128B
| $2.74M | ﹤0.01% |
68,680
+19,578
| +40% | +$712K |
|
|
CNCE
2632
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.74M | ﹤0.01% |
227,088
+19,691
| +9% | +$290K |
|
|
TECX
2633
Tectonic Therapeutic
TECX
$606M
| $2.74M | ﹤0.01% |
10,354
+3,169
| +44% | +$579K |
|
2634
Mistras Group
MG
$512M
| $2.73M | ﹤0.01% |
197,807
+18,990
| +11% | +$284K |
|
|
GRFS
2635
Grifois
GRFS
$5.4B
| $2.73M | ﹤0.01% |
135,612
+13,288
| +11% | +$254K |
|
|
DSPG
2636
DELISTED
DSP Group Inc
DSPG
| $2.73M | ﹤0.01% |
193,752
+5,741
| +3% | +$74.7K |
|
2637
Goldgroup Mining Inc.
GORO
$191M
| $2.72M | ﹤0.01% |
692,114
+105,407
| +18% | +$456K |
|
|
FLNT
2638
Fluent
FLNT
$120M
| $2.72M | ﹤0.01% |
80,567
+8,943
| +12% | +$264K |
|
|
HMTV
2639
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $2.72M | ﹤0.01% |
192,680
+3,678
| +2% | +$49.1K |
|
|
TNAV
2640
DELISTED
Telenav Inc.
TNAV
| $2.71M | ﹤0.01% |
447,281
+128,668
| +40% | +$678K |
|
2641
Citizens & Northern Corp
CZNC
$455M
| $2.71M | ﹤0.01% |
108,378
+5,469
| +5% | +$140K |
|
2642
Kiniksa Pharmaceuticals
KNSA
$5.93B
| $2.71M | ﹤0.01% |
150,096
+53,345
| +55% | +$1.03M |
|
2643
Noodles & Co
NDLS
$107M
| $2.71M | ﹤0.01% |
49,810
+7,040
| +16% | +$406K |
|
2644
Xeris Biopharma Holdings
XERS
$1.45B
| $2.71M | ﹤0.01% |
269,882
+187,190
| +226% | +$2.4M |
|
2645
Powell Industries
POWL
$7.71B
| $2.71M | ﹤0.01% |
305,955
+26,685
| +10% | +$262K |
|
2646
SEACOR Marine Holdings
SMHI
$258M
| $2.7M | ﹤0.01% |
202,695
+6,821
| +3% | +$91.2K |
|
|
NIHD
2647
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $2.69M | ﹤0.01% |
1,374,380
+331,735
| +32% | +$1.32M |
|
2648
e.l.f. Beauty
ELF
$5.81B
| $2.69M | ﹤0.01% |
253,995
+29,908
| +13% | +$267K |
|
|
IHC
2649
DELISTED
Independence Holding Company
IHC
| $2.68M | ﹤0.01% |
76,041
+1,783
| +2% | +$66.2K |
|
2650
Applied Optoelectronics
AAOI
$11.5B
| $2.66M | ﹤0.01% |
218,357
+9,618
| +5% | +$145K |
|
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.