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 | |
|---|---|---|---|---|---|---|
|
CBPO
2726
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $2.36M | ﹤0.01% |
25,823
+1,407
| +6% | +$115K |
|
|
ONIT
2727
Onity Group
ONIT
$332M
| $2.35M | ﹤0.01% |
86,296
+4,869
| +6% | +$137K |
|
2728
Rocky Brands
RCKY
$369M
| $2.35M | ﹤0.01% |
98,300
+9,501
| +11% | +$258K |
|
|
YMAB
2729
DELISTED
Y-mAbs Therapeutics
YMAB
| $2.35M | ﹤0.01% |
89,470
+11,438
| +15% | +$251K |
|
2730
eGain
EGAN
$201M
| $2.34M | ﹤0.01% |
224,338
+25,725
| +13% | +$244K |
|
2731
Boston Omaha
BOC
$436M
| $2.34M | ﹤0.01% |
93,919
+2,162
| +2% | +$54.1K |
|
2732
Globalstar
GSAT
$10.8B
| $2.34M | ﹤0.01% |
362,592
+36,169
| +11% | +$308K |
|
|
AXNX
2733
DELISTED
Axonics, Inc. Common Stock
AXNX
| $2.34M | ﹤0.01% |
97,620
+22,475
| +30% | +$408K |
|
|
CWBC
2734
Community West Bancshares
CWBC
$684M
| $2.33M | ﹤0.01% |
119,444
+4,037
| +3% | +$79.1K |
|
2735
Sonos
SONO
$1.85B
| $2.33M | ﹤0.01% |
226,694
+8,317
| +4% | +$90.2K |
|
|
ENFC
2736
DELISTED
Entegra Financial Corp.
ENFC
| $2.33M | ﹤0.01% |
103,906
+12,810
| +14% | +$297K |
|
2737
i3 Verticals
IIIV
$342M
| $2.32M | ﹤0.01% |
96,734
+17,078
| +21% | +$397K |
|
2738
Nathan's Famous
NATH
$402M
| $2.32M | ﹤0.01% |
33,935
-765
| -2% | -$54.4K |
|
2739
American Superconductor
AMSC
$1.59B
| $2.32M | ﹤0.01% |
180,372
+56,151
| +45% | +$764K |
|
2740
Axsome Therapeutics
AXSM
$10.9B
| $2.31M | ﹤0.01% |
162,454
+68,249
| +72% | +$634K |
|
|
NVTR
2741
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $2.31M | ﹤0.01% |
209,910
+9,249
| +5% | +$125K |
|
2742
Ceco Environmental
CECO
$4.14B
| $2.31M | ﹤0.01% |
320,606
+13,434
| +4% | +$97.4K |
|
2743
Sportsman's Warehouse
SPWH
$46M
| $2.3M | ﹤0.01% |
480,030
+38,034
| +9% | +$205K |
|
2744
First Internet Bancorp
INBK
$255M
| $2.29M | ﹤0.01% |
118,711
+10,694
| +10% | +$225K |
|
|
CBMG
2745
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $2.28M | ﹤0.01% |
132,003
+5,936
| +5% | +$108K |
|
|
LAND
2746
Gladstone Land Corp
LAND
$360M
| $2.28M | ﹤0.01% |
180,438
+18,523
| +11% | +$223K |
|
2747
Entravision Communication
EVC
$1.1B
| $2.28M | ﹤0.01% |
703,537
+27,622
| +4% | +$102K |
|
|
MXWL
2748
DELISTED
Maxwell Technologies Inc
MXWL
| $2.28M | ﹤0.01% |
510,042
+81,201
| +19% | +$319K |
|
2749
Dorian LPG
LPG
$1.96B
| $2.27M | ﹤0.01% |
354,452
+42,939
| +14% | +$252K |
|
|
CNBKA
2750
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $2.27M | ﹤0.01% |
31,062
+1,756
| +6% | +$133K |
|
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.