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 | |
|---|---|---|---|---|---|---|
2926
Carlyle Group
CG
$17.2B
| $1.65M | ﹤0.01% |
90,254
+1,050
| +1% | +$19.1K |
|
|
MSL
2927
DELISTED
Midsouth Bancorp, Inc.
MSL
| $1.65M | ﹤0.01% |
144,547
+6,964
| +5% | +$78.4K |
|
2928
Pure Cycle
PCYO
$261M
| $1.65M | ﹤0.01% |
167,002
+7,693
| +5% | +$76.2K |
|
2929
BlackRock Enhanced Global Dividend Trust
BOE
$684M
| $1.64M | ﹤0.01% |
153,672
+15,208
| +11% | +$156K |
|
2930
Fidelity D&D Bancorp
FDBC
$317M
| $1.64M | ﹤0.01% |
27,804
+1,607
| +6% | +$96.6K |
|
2931
Shore Bancshares
SHBI
$796M
| $1.64M | ﹤0.01% |
110,192
+6,293
| +6% | +$95.7K |
|
|
RNET
2932
DELISTED
RigNet, Inc.
RNET
| $1.64M | ﹤0.01% |
168,152
+7,050
| +4% | +$98K |
|
|
SLCT
2933
DELISTED
Select Bancorp, Inc.
SLCT
| $1.64M | ﹤0.01% |
143,885
+6,489
| +5% | +$76.5K |
|
|
USAP
2934
DELISTED
Universal Stainless & Alloy
USAP
| $1.63M | ﹤0.01% |
98,624
+8,133
| +9% | +$139K |
|
2935
First Community Corp
FCCO
$322M
| $1.63M | ﹤0.01% |
85,289
+3,296
| +4% | +$65.6K |
|
|
ESTE
2936
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $1.63M | ﹤0.01% |
229,558
-14,027
| -6% | -$90.2K |
|
2937
Adams Diversified Equity Fund
ADX
$3.2B
| $1.61M | ﹤0.01% |
111,852
-152,514
| -58% | -$2.11M |
|
2938
Ocular Therapeutix
OCUL
$2.02B
| $1.61M | ﹤0.01% |
406,560
+55,887
| +16% | +$225K |
|
2939
Takeda Pharmaceutical
TAK
$55.7B
| $1.61M | ﹤0.01% |
78,995
+31,672
| +67% | +$637K |
|
|
ENT
2940
DELISTED
Global Eagle Entertainment Inc.
ENT
| $1.59M | ﹤0.01% |
89,911
+72,000
| +402% | +$4.1M |
|
2941
Harvard Bioscience
HBIO
$29.2M
| $1.59M | ﹤0.01% |
36,933
+1,650
| +5% | +$59.8K |
|
|
NAGE
2942
Niagen Bioscience
NAGE
$247M
| $1.59M | ﹤0.01% |
379,635
+32,912
| +9% | +$119K |
|
|
BBL
2943
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $1.58M | ﹤0.01% |
32,712
+1,407
| +4% | +$63.1K |
|
2944
Cemex
CX
$16.3B
| $1.57M | ﹤0.01% |
339,496
+299,338
| +745% | +$1.5M |
|
2945
Marker Therapeutics
MRKR
$18.7M
| $1.57M | ﹤0.01% |
23,827
+81
| +0.3% | +$4.73K |
|
2946
BayCom
BCML
$333M
| $1.57M | ﹤0.01% |
69,431
+3,709
| +6% | +$82.5K |
|
|
SBOW
2947
DELISTED
SilverBow Resources, Inc.
SBOW
| $1.56M | ﹤0.01% |
67,671
+5,548
| +9% | +$129K |
|
2948
KVH Industries
KVHI
$157M
| $1.55M | ﹤0.01% |
152,667
+9,470
| +7% | +$104K |
|
|
SFS
2949
DELISTED
Smart & Final Stores, Inc.
SFS
| $1.55M | ﹤0.01% |
314,579
+50,303
| +19% | +$305K |
|
|
INSY
2950
DELISTED
Insys Therapeutics, Inc.
INSY
| $1.55M | ﹤0.01% |
336,136
+15,822
| +5% | +$74.9K |
|
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.