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 | |
|---|---|---|---|---|---|---|
|
SMMF
2676
DELISTED
Summit Financial Group, Inc.
SMMF
| $2.52M | ﹤0.01% |
95,241
+9,023
| +10% | +$213K |
|
|
AMNB
2677
DELISTED
American National Bankshares Inc
AMNB
| $2.52M | ﹤0.01% |
72,234
+3,777
| +6% | +$127K |
|
|
CDMO
2678
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $2.52M | ﹤0.01% |
593,092
+65,320
| +12% | +$266K |
|
2679
Alliance Resource Partners
ARLP
$3.17B
| $2.52M | ﹤0.01% |
123,578
-17,411
| -12% | -$337K |
|
|
GNC
2680
DELISTED
GNC Holdings, Inc.
GNC
| $2.51M | ﹤0.01% |
920,719
+61,059
| +7% | +$173K |
|
2681
Ericsson
ERIC
$33.3B
| $2.5M | ﹤0.01% |
272,149
+3,430
| +1% | +$31K |
|
|
IGR
2682
CBRE Global Real Estate Income Fund
IGR
$713M
| $2.5M | ﹤0.01% |
334,175
+141,377
| +73% | +$990K |
|
2683
Regional Management Corp
RM
$303M
| $2.5M | ﹤0.01% |
102,264
-4,586
| -4% | -$122K |
|
|
SCWX
2684
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $2.48M | ﹤0.01% |
135,060
+18,554
| +16% | +$362K |
|
|
TBIO
2685
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $2.48M | ﹤0.01% |
243,754
+126,322
| +108% | +$969K |
|
2686
Magnite
MGNI
$3.55B
| $2.48M | ﹤0.01% |
408,199
+63,847
| +19% | +$329K |
|
2687
Aldeyra Therapeutics
ALDX
$93.5M
| $2.48M | ﹤0.01% |
274,448
+29,056
| +12% | +$247K |
|
|
ITIC
2688
Investors Title Co
ITIC
$547M
| $2.48M | ﹤0.01% |
15,693
+630
| +4% | +$107K |
|
2689
Alector
ALEC
$199M
| $2.47M | ﹤0.01% |
+132,154
| New | +$2.5M |
|
2690
Bristow Group
VTOL
$1.36B
| $2.47M | ﹤0.01% |
107,156
+14,970
| +16% | +$316K |
|
|
NPTN
2691
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.47M | ﹤0.01% |
393,312
+23,962
| +6% | +$168K |
|
|
AQ
2692
DELISTED
Aquantia Corp. Common Stock
AQ
| $2.47M | ﹤0.01% |
272,349
+24,007
| +10% | +$205K |
|
|
IMDZ
2693
DELISTED
Immune Design Corp.
IMDZ
| $2.47M | ﹤0.01% |
421,833
+53,993
| +15% | +$184K |
|
2694
Liquidity Services
LQDT
$1.32B
| $2.46M | ﹤0.01% |
318,815
+42,539
| +15% | +$319K |
|
|
STXB
2695
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $2.45M | ﹤0.01% |
115,776
+11,663
| +11% | +$252K |
|
|
TLRA
2696
DELISTED
Telaria, Inc.
TLRA
| $2.45M | ﹤0.01% |
387,133
+80,798
| +26% | +$337K |
|
|
VWTR
2697
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $2.45M | ﹤0.01% |
247,376
+3,730
| +2% | +$37.9K |
|
|
KL
2698
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $2.45M | ﹤0.01% |
79,593
+5,310
| +7% | +$168K |
|
|
SIEN
2699
DELISTED
Sientra, Inc.
SIEN
| $2.44M | ﹤0.01% |
28,506
+3,031
| +12% | +$339K |
|
2700
Cytosorbents Corp
CTSO
$22.6M
| $2.44M | ﹤0.01% |
322,385
+20,887
| +7% | +$163K |
|
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.