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 | |
|---|---|---|---|---|---|---|
2651
Radiant Logistics
RLGT
$395M
| $2.66M | ﹤0.01% |
422,799
+86,531
| +26% | +$476K |
|
|
WHLRD
2652
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
| – | – |
0
| – | – |
|
|
FPI
2653
Farmland Partners
FPI
$432M
| $2.65M | ﹤0.01% |
414,984
+16,217
| +4% | +$92K |
|
|
SYRS
2654
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $2.65M | ﹤0.01% |
29,053
+4,086
| +16% | +$285K |
|
2655
Verastem
VSTM
$610M
| $2.64M | ﹤0.01% |
74,412
+6,265
| +9% | +$248K |
|
2656
UFP Technologies
UFPT
$2.43B
| $2.64M | ﹤0.01% |
70,594
+3,901
| +6% | +$128K |
|
|
NBEV
2657
DELISTED
NewAge, Inc. Common Stock (Delaware)
NBEV
| $2.64M | ﹤0.01% |
501,559
+56,928
| +13% | +$343K |
|
2658
RBB Bancorp
RBB
$455M
| $2.63M | ﹤0.01% |
139,994
+17,327
| +14% | +$342K |
|
2659
First Bancorp
FNLC
$399M
| $2.61M | ﹤0.01% |
104,788
+4,007
| +4% | +$105K |
|
2660
Senseonics Holdings Inc
SENS
$366M
| $2.61M | ﹤0.01% |
53,296
+6,139
| +13% | +$326K |
|
2661
Universal Logistics Holdings
ULH
$529M
| $2.61M | ﹤0.01% |
132,706
+7,824
| +6% | +$163K |
|
|
FNHC
2662
DELISTED
FedNat Holding Company Common Stock
FNHC
| $2.6M | ﹤0.01% |
162,440
+4,168
| +3% | +$75.6K |
|
|
AXAS
2663
DELISTED
Abraxas Petroleum Corp
AXAS
| $2.6M | ﹤0.01% |
104,164
+7,448
| +8% | +$188K |
|
2664
Cadiz
CDZI
$291M
| $2.59M | ﹤0.01% |
267,579
+4,260
| +2% | +$42.5K |
|
2665
Green Brick Partners
GRBK
$3.14B
| $2.59M | ﹤0.01% |
296,038
+7,485
| +3% | +$64.5K |
|
2666
Surgery Partners
SGRY
$2.03B
| $2.59M | ﹤0.01% |
229,558
+8,217
| +4% | +$103K |
|
|
SPNE
2667
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.57M | ﹤0.01% |
170,749
+22,289
| +15% | +$344K |
|
2668
Home Bancorp
HBCP
$566M
| $2.56M | ﹤0.01% |
77,154
+2,299
| +3% | +$81.6K |
|
|
SBT
2669
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $2.55M | ﹤0.01% |
251,464
+17,158
| +7% | +$159K |
|
2670
Northrim BanCorp
NRIM
$587M
| $2.54M | ﹤0.01% |
295,316
+4,888
| +2% | +$44K |
|
|
PBPB
2671
DELISTED
Potbelly
PBPB
| $2.54M | ﹤0.01% |
298,499
-8,248
| -3% | -$69.7K |
|
|
JOF
2672
Japan Smaller Capitalization Fund
JOF
$350M
| $2.54M | ﹤0.01% |
289,198
| – | – |
|
2673
Arcus Biosciences
RCUS
$3.64B
| $2.54M | ﹤0.01% |
202,995
+21,823
| +12% | +$237K |
|
|
MRNS
2674
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $2.53M | ﹤0.01% |
151,464
+35,343
| +30% | +$509K |
|
|
MLVF
2675
DELISTED
Malvern Bancorp, Inc.
MLVF
| $2.53M | ﹤0.01% |
125,631
+1,408
| +1% | +$28.9K |
|
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.