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 | |
|---|---|---|---|---|---|---|
2751
uniQure
QURE
$3.22B
| $2.27M | ﹤0.01% |
37,989
+2,544
| +7% | +$114K |
|
2752
ACNB Corp
ACNB
$655M
| $2.26M | ﹤0.01% |
61,088
+3,381
| +6% | +$127K |
|
2753
Descartes Systems
DSGX
$6.82B
| $2.26M | ﹤0.01% |
62,154
+840
| +1% | +$27.2K |
|
|
IIN
2754
DELISTED
IntriCon Corporation
IIN
| $2.25M | ﹤0.01% |
89,575
+4,120
| +5% | +$105K |
|
|
MIME
2755
DELISTED
Mimecast Limited
MIME
| $2.24M | ﹤0.01% |
47,405
+660
| +1% | +$27.7K |
|
|
VNTR
2756
DELISTED
Venator Materials PLC
VNTR
| $2.24M | ﹤0.01% |
398,703
+21,479
| +6% | +$114K |
|
|
PYX
2757
DELISTED
Pyxus International, Inc.
PYX
| $2.22M | ﹤0.01% |
93,073
+6,921
| +8% | +$144K |
|
2758
AstraZeneca
AZN
$250B
| $2.22M | ﹤0.01% |
27,470
-2,137
| -7% | -$168K |
|
|
XXII
2759
22nd Century Group
XXII
$1.48M
| – | – |
0
| – | – |
|
|
SFE
2760
DELISTED
Safeguard Scientifics, Inc.
SFE
| $2.19M | ﹤0.01% |
202,299
+11,001
| +6% | +$112K |
|
|
ESXB
2761
DELISTED
Community Bankers Trust Corporation
ESXB
| $2.19M | ﹤0.01% |
299,045
+6,992
| +2% | +$53.7K |
|
2762
Daily Journal
DJCO
$778M
| $2.19M | ﹤0.01% |
10,215
+259
| +3% | +$57.4K |
|
|
NVO
2763
Novo Nordisk
NVO
$209B
| $2.18M | ﹤0.01% |
83,364
+3,480
| +4% | +$85.5K |
|
|
VIA
2764
DELISTED
Viacom Inc. Class A
VIA
| $2.18M | ﹤0.01% |
67,069
+14,082
| +27% | +$469K |
|
|
HUD
2765
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $2.17M | ﹤0.01% |
158,213
+20,468
| +15% | +$289K |
|
|
FTSV
2766
DELISTED
Forty Seven, Inc. Common Stock
FTSV
| $2.16M | ﹤0.01% |
133,923
+45,758
| +52% | +$725K |
|
2767
Talphera
TLPH
$74.2M
| $2.16M | ﹤0.01% |
31,028
+7,111
| +30% | +$414K |
|
2768
Culp Inc
CULP
$44.1M
| $2.15M | ﹤0.01% |
112,070
+13,951
| +14% | +$260K |
|
2769
Frontline
FRO
$8.85B
| $2.15M | ﹤0.01% |
333,378
+40,312
| +14% | +$239K |
|
|
PTE
2770
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $2.15M | ﹤0.01% |
8,050
+1,228
| +18% | +$454K |
|
|
BFX
2771
DELISTED
BowFlex Inc.
BFX
| $2.15M | ﹤0.01% |
386,493
+70,188
| +22% | +$543K |
|
|
ATHX
2772
DELISTED
Athersys, Inc. Common Stock
ATHX
| $2.15M | ﹤0.01% |
57,288
+1,810
| +3% | +$69.3K |
|
2773
Evolution Petroleum
EPM
$131M
| $2.14M | ﹤0.01% |
317,532
+25,628
| +9% | +$187K |
|
|
ABB
2774
DELISTED
ABB Ltd
ABB
| $2.14M | ﹤0.01% |
113,398
+25,558
| +29% | +$495K |
|
|
OSG
2775
DELISTED
Overseas Shipholding Group Inc.
OSG
| $2.14M | ﹤0.01% |
933,864
+46,128
| +5% | +$92K |
|
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.