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 | |
|---|---|---|---|---|---|---|
2951
C&F Financial
CFFI
$286M
| $1.55M | ﹤0.01% |
30,609
+1,214
| +4% | +$62.2K |
|
2952
Bridgewater Bancshares
BWB
$603M
| $1.55M | ﹤0.01% |
150,132
+11,303
| +8% | +$124K |
|
2953
Paysign
PAYS
$698M
| $1.55M | ﹤0.01% |
194,509
+142,902
| +277% | +$876K |
|
2954
Prudential
PUK
$35.2B
| $1.55M | ﹤0.01% |
39,642
-910
| -2% | -$35.1K |
|
|
EVBN
2955
DELISTED
Evans Bancorp Inc
EVBN
| $1.54M | ﹤0.01% |
43,233
+1,572
| +4% | +$55K |
|
|
SBBX
2956
DELISTED
SB One Bancorp Common Stock
SBBX
| $1.54M | ﹤0.01% |
70,974
+5,226
| +8% | +$114K |
|
2957
State Street SPDR S&P Dividend ETF
SDY
$23.9B
| – | – |
0
| – | – |
|
2958
United Microelectronic
UMC
$46.9B
| $1.53M | ﹤0.01% |
815,978
+111,978
| +16% | +$206K |
|
|
RYZ
2959
Ryerson Holding Corp
RYZ
$1.46B
| $1.53M | ﹤0.01% |
178,920
+14,500
| +9% | +$112K |
|
2960
Energous
WATT
$102M
| $1.52M | ﹤0.01% |
401
+26
| +7% | +$113K |
|
|
AC
2961
DELISTED
Associated Capital Group
AC
| $1.52M | ﹤0.01% |
38,521
+1,225
| +3% | +$50.1K |
|
2962
Chemung Financial Corp
CHMG
$392M
| $1.51M | ﹤0.01% |
32,176
+1,974
| +7% | +$87.8K |
|
2963
Orrstown Financial Services
ORRF
$838M
| $1.51M | ﹤0.01% |
81,179
+3,118
| +4% | +$61K |
|
2964
First Business Financial Services
FBIZ
$595M
| $1.51M | ﹤0.01% |
75,333
+3,460
| +5% | +$73.1K |
|
2965
Peoples Bancorp of North Carolina
PEBK
$229M
| $1.51M | ﹤0.01% |
56,702
+2,565
| +5% | +$69.7K |
|
|
DEX
2966
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $1.51M | ﹤0.01% |
155,956
+119,661
| +330% | +$1.13M |
|
|
TCS
2967
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.51M | ﹤0.01% |
11,421
+691
| +6% | +$68K |
|
|
PES
2968
DELISTED
Pioneer Energy Services Corp.
PES
| $1.5M | ﹤0.01% |
845,909
+33,067
| +4% | +$56.9K |
|
2969
CorMedix
CRMD
$584M
| $1.49M | ﹤0.01% |
157,773
+20,254
| +15% | +$182K |
|
2970
Geospace Technologies
GEOS
$75.7M
| $1.49M | ﹤0.01% |
115,072
+210
| +0.2% | +$3.07K |
|
|
IVH
2971
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
| $1.49M | ﹤0.01% |
110,021
-626
| -0.6% | -$8.33K |
|
|
CMRX
2972
DELISTED
Chimerix, Inc.
CMRX
| $1.49M | ﹤0.01% |
707,707
+62,434
| +10% | +$142K |
|
2973
Gaia
GAIA
$48.4M
| $1.47M | ﹤0.01% |
160,348
+7,226
| +5% | +$77.1K |
|
|
DOVA
2974
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
| $1.46M | ﹤0.01% |
164,546
+8,314
| +5% | +$67.5K |
|
2975
Superior Group of Companies
SGC
$225M
| $1.44M | ﹤0.01% |
86,898
+3,835
| +5% | +$66.4K |
|
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.