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 | |
|---|---|---|---|---|---|---|
2826
Equinor
EQNR
$92.4B
| $1.97M | ﹤0.01% |
89,476
+34,557
| +63% | +$778K |
|
|
PRGX
2827
DELISTED
PRGX Global, Inc.
PRGX
| $1.96M | ﹤0.01% |
247,569
+6,606
| +3% | +$59K |
|
|
BREW
2828
DELISTED
Craft Brew Alliance, Inc.
BREW
| $1.96M | ﹤0.01% |
139,849
+13,370
| +11% | +$212K |
|
2829
Flotek Industries
FTK
$1.28B
| $1.95M | ﹤0.01% |
100,400
+6,003
| +6% | +$97.9K |
|
2830
FS Bancorp
FSBW
$320M
| $1.95M | ﹤0.01% |
77,210
+3,562
| +5% | +$88K |
|
2831
AMES National
ATLO
$277M
| $1.95M | ﹤0.01% |
71,045
+3,796
| +6% | +$100K |
|
|
INWK
2832
DELISTED
InnerWorkings, Inc.
INWK
| $1.95M | ﹤0.01% |
537,684
+23,904
| +5% | +$107K |
|
|
MRSN
2833
DELISTED
Mersana Therapeutics
MRSN
| $1.94M | ﹤0.01% |
14,786
+9,657
| +188% | +$1.21M |
|
2834
Victory Capital Holdings
VCTR
$6.65B
| $1.94M | ﹤0.01% |
129,422
+36,841
| +40% | +$449K |
|
|
MFSF
2835
DELISTED
MutualFirst Financial Inc
MFSF
| $1.94M | ﹤0.01% |
64,744
+2,858
| +5% | +$84K |
|
|
CYOU
2836
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $1.94M | ﹤0.01% |
113,511
+11,284
| +11% | +$212K |
|
|
LBC
2837
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $1.94M | ﹤0.01% |
191,963
+10,988
| +6% | +$110K |
|
2838
Spyre Therapeutics
SYRE
$9.25B
| $1.94M | ﹤0.01% |
9,629
+3,125
| +48% | +$651K |
|
|
CVIA
2839
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $1.94M | ﹤0.01% |
346,549
+15,951
| +5% | +$82.2K |
|
2840
Seneca Foods Class A
SENEA
$1.21B
| $1.93M | ﹤0.01% |
78,526
+3,924
| +5% | +$111K |
|
2841
Princeton Bancorp
BPRN
$287M
| $1.93M | ﹤0.01% |
60,804
+3,166
| +5% | +$98.2K |
|
2842
SI-BONE Inc
SIBN
$834M
| $1.92M | ﹤0.01% |
101,979
+7,537
| +8% | +$146K |
|
2843
United States Lime & Minerals
USLM
$3.44B
| $1.92M | ﹤0.01% |
124,600
+3,275
| +3% | +$47.2K |
|
|
ROAN
2844
DELISTED
Roan Resources, Inc.
ROAN
| $1.92M | ﹤0.01% |
313,927
+1,568
| +0.5% | +$13.6K |
|
2845
Nuveen Credit Strategies Income Fund
JQC
$711M
| $1.91M | ﹤0.01% |
+247,531
| New | +$1.92M |
|
2846
Seres Therapeutics
MCRB
$48.4M
| $1.91M | ﹤0.01% |
13,898
+2,009
| +17% | +$245K |
|
2847
Lineage Cell Therapeutics
LCTX
$278M
| $1.9M | ﹤0.01% |
1,452,306
+224,766
| +18% | +$280K |
|
|
TDF
2848
Templeton Dragon Fund
TDF
$280M
| $1.9M | ﹤0.01% |
95,543
+81,985
| +605% | +$1.53M |
|
2849
Cardlytics
CDLX
$21.5M
| $1.9M | ﹤0.01% |
11,465
+3,463
| +43% | +$563K |
|
|
LOVE
2850
LoveSac
LOVE
$261M
| $1.9M | ﹤0.01% |
68,162
+13,386
| +24% | +$363K |
|
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.