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 | |
|---|---|---|---|---|---|---|
|
EIGR
2901
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $1.72M | ﹤0.01% |
4,097
+604
| +17% | +$242K |
|
2902
Grupo Aeroportuario Centro Norte
OMAB
$5.33B
| $1.72M | ﹤0.01% |
38,063
+17,343
| +84% | +$772K |
|
|
CVLY
2903
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.71M | ﹤0.01% |
84,065
+2,768
| +3% | +$59.1K |
|
2904
NACCO Industries
NC
$320M
| $1.71M | ﹤0.01% |
44,709
+1,665
| +4% | +$60.8K |
|
2905
Biglari Holdings Class B
BH
$1.21B
| $1.7M | ﹤0.01% |
12,049
+1,239
| +11% | +$163K |
|
2906
Unilever
UL
$136B
| $1.7M | ﹤0.01% |
26,219
-4,805
| -15% | -$293K |
|
2907
Willis Lease Finance
WLFC
$1.29B
| $1.7M | ﹤0.01% |
120,243
+4,602
| +4% | +$61.1K |
|
|
AY
2908
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.7M | ﹤0.01% |
87,184
+4,025
| +5% | +$76.5K |
|
2909
BHP
BHP
$230B
| $1.7M | ﹤0.01% |
34,763
+10,218
| +42% | +$466K |
|
|
PFBI
2910
DELISTED
Premier Financial Bancorp
PFBI
| $1.69M | ﹤0.01% |
107,811
+4,299
| +4% | +$66.7K |
|
|
CFMS
2911
DELISTED
Conformis, Inc. Common Stock
CFMS
| $1.69M | ﹤0.01% |
23,467
+11,796
| +101% | +$336K |
|
2912
National Grid
NGG
$81.3B
| $1.69M | ﹤0.01% |
34,178
+12,427
| +57% | +$602K |
|
2913
Criteo S.A. Ordinary Shares
CRTO
$923M
| $1.69M | ﹤0.01% |
84,210
+30,704
| +57% | +$783K |
|
|
CMCT
2914
Creative Media & Community Trust
CMCT
$13M
| $1.69M | ﹤0.01% |
1
| – | – |
|
2915
EVI Industries
EVI
$180M
| $1.68M | ﹤0.01% |
44,115
+23,429
| +113% | +$857K |
|
2916
Solid Biosciences
SLDB
$826M
| $1.68M | ﹤0.01% |
12,181
+975
| +9% | +$244K |
|
2917
Hamilton Beach Brands
HBB
$422M
| $1.68M | ﹤0.01% |
78,094
+2,066
| +3% | +$50.2K |
|
|
GFN
2918
DELISTED
General Finance Corporation
GFN
| $1.67M | ﹤0.01% |
179,387
+7,844
| +5% | +$78.5K |
|
|
LJPC
2919
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.67M | ﹤0.01% |
260,273
+32,789
| +14% | +$214K |
|
2920
Protagonist Therapeutics
PTGX
$9.44B
| $1.67M | ﹤0.01% |
132,644
+14,947
| +13% | +$132K |
|
|
KZR
2921
DELISTED
Kezar Life Sciences
KZR
| $1.66M | ﹤0.01% |
9,378
+3,573
| +62% | +$704K |
|
|
SOR
2922
Source Capital
SOR
$385M
| $1.66M | ﹤0.01% |
46,128
+38,900
| +538% | +$1.37M |
|
|
STEW
2923
SRH Total Return Fund
STEW
$1.81B
| $1.66M | ﹤0.01% |
153,865
+21,574
| +16% | +$230K |
|
2924
DHT Holdings
DHT
$3.02B
| $1.65M | ﹤0.01% |
370,493
+49,931
| +16% | +$214K |
|
2925
Neuronetics
STIM
$166M
| $1.65M | ﹤0.01% |
108,324
+34,754
| +47% | +$575K |
|
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.