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 | |
|---|---|---|---|---|---|---|
2776
Target Hospitality
TH
$1.64B
| $2.14M | ﹤0.01% |
+225,000
| New | +$2.27M |
|
|
RPT
2777
Rithm Property Trust
RPT
$93.7M
| $2.13M | ﹤0.01% |
26,721
+990
| +4% | +$75K |
|
2778
KALA BIO
KALA
$14.5M
| $2.13M | ﹤0.01% |
103
+23
| +29% | +$409K |
|
|
PFNX
2779
DELISTED
Pfenex Inc.
PFNX
| $2.11M | ﹤0.01% |
342,054
+39,418
| +13% | +$173K |
|
|
HK
2780
DELISTED
Halcon Resources Corporation
HK
| $2.1M | ﹤0.01% |
1,555,703
+49,122
| +3% | +$79.4K |
|
|
OXFD
2781
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $2.1M | ﹤0.01% |
121,809
+19,879
| +20% | +$315K |
|
2782
Donegal Group Class A
DGICA
$714M
| $2.09M | ﹤0.01% |
155,760
+501
| +0.3% | +$6.75K |
|
|
BOCH
2783
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $2.09M | ﹤0.01% |
198,237
+6,996
| +4% | +$77.4K |
|
2784
BGSF Inc
BGSF
$60M
| $2.09M | ﹤0.01% |
95,583
+10,275
| +12% | +$247K |
|
2785
Toyota
TM
$225B
| $2.08M | ﹤0.01% |
17,666
-1,625
| -8% | -$197K |
|
|
RLH
2786
DELISTED
Red Lions Hotel Corporation
RLH
| $2.08M | ﹤0.01% |
257,936
+13,743
| +6% | +$117K |
|
|
NRCG.WS
2787
DELISTED
NRC Group Holdings Corp.
NRCG.WS
| $2.08M | ﹤0.01% |
2,313,400
-240,800
| -9% | -$218K |
|
2788
Bloom Energy
BE
$64.6B
| $2.08M | ﹤0.01% |
160,864
+14,858
| +10% | +$182K |
|
|
SIFI
2789
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $2.07M | ﹤0.01% |
160,078
+7,958
| +5% | +$109K |
|
2790
First Bank
FRBA
$454M
| $2.06M | ﹤0.01% |
179,177
+17,210
| +11% | +$196K |
|
|
PETX
2791
DELISTED
Aratana Therapeutics, Inc.
PETX
| $2.06M | ﹤0.01% |
572,084
+45,755
| +9% | +$198K |
|
|
AT
2792
DELISTED
Atlantic Power Corporation
AT
| $2.06M | ﹤0.01% |
817,045
+191,590
| +31% | +$489K |
|
|
ZUO
2793
DELISTED
Zuora, Inc.
ZUO
| $2.06M | ﹤0.01% |
102,654
+16,465
| +19% | +$355K |
|
|
SNCR
2794
DELISTED
Synchronoss Technologies
SNCR
| $2.05M | ﹤0.01% |
37,519
| – | – |
|
2795
Crinetics Pharmaceuticals
CRNX
$8.92B
| $2.05M | ﹤0.01% |
90,192
+14,539
| +19% | +$357K |
|
2796
Schwab International Equity ETF
SCHF
$68.7B
| – | – |
0
| – | – |
|
|
XELA
2797
DELISTED
Exela Technologies, Inc. Common Stock
XELA
| $2.05M | ﹤0.01% |
51
+1
| +2% | +$46K |
|
2798
SAP
SAP
$238B
| $2.05M | ﹤0.01% |
17,757
+99
| +0.6% | +$10.5K |
|
|
SEVN
2799
Seven Hills Realty Trust
SEVN
$174M
| $2.05M | ﹤0.01% |
109,690
-26,564
| -19% | -$466K |
|
2800
Metropolitan Bank Holding Corp
MCB
$1.15B
| $2.05M | ﹤0.01% |
58,864
+8,582
| +17% | +$307K |
|
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.