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 | |
|---|---|---|---|---|---|---|
|
MR
3051
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.19M | ﹤0.01% |
78,998
+14,630
| +23% | +$234K |
|
3052
NextDecade
NEXT
$1.78B
| $1.19M | ﹤0.01% |
215,022
+4,060
| +2% | +$16.9K |
|
|
ZVO
3053
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.18M | ﹤0.01% |
193,430
-3,574
| -2% | -$28.8K |
|
3054
ReposiTrak
TRAK
$159M
| $1.18M | ﹤0.01% |
147,451
+7,492
| +5% | +$58.5K |
|
|
VBIV
3055
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $1.18M | ﹤0.01% |
21,003
+4,940
| +31% | +$267K |
|
3056
The Joint Corp
JYNT
$119M
| $1.18M | ﹤0.01% |
74,689
+13,484
| +22% | +$143K |
|
|
AVEO
3057
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $1.18M | ﹤0.01% |
143,317
+3,859
| +3% | +$39.8K |
|
3058
PCB Bancorp
PCB
$392M
| $1.17M | ﹤0.01% |
67,280
+9,863
| +17% | +$161K |
|
3059
AB InBev
BUD
$165B
| $1.17M | ﹤0.01% |
13,954
-1,387
| -9% | -$107K |
|
3060
Hawthorn Bancshares
HWBK
$278M
| $1.17M | ﹤0.01% |
61,307
-593
| -1% | -$11.2K |
|
|
SCTL
3061
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $1.17M | ﹤0.01% |
222,058
+45,940
| +26% | +$341K |
|
|
INAP
3062
DELISTED
Internap Corporation
INAP
| $1.17M | ﹤0.01% |
235,357
+26,254
| +13% | +$142K |
|
3063
Lifetime Brands
LCUT
$210M
| $1.17M | ﹤0.01% |
123,443
+4,742
| +4% | +$48.1K |
|
3064
MeiraGTx Holdings
MGTX
$1.21B
| $1.16M | ﹤0.01% |
67,470
+50,845
| +306% | +$716K |
|
|
TTOO
3065
DELISTED
T2 Biosystems, Inc
TTOO
| $1.16M | ﹤0.01% |
88
+13
| +17% | +$221K |
|
|
ENZ
3066
DELISTED
Enzo Biochem, Inc.
ENZ
| $1.16M | ﹤0.01% |
425,306
+14,168
| +3% | +$46.4K |
|
|
IAE
3067
Voya Asia Pacific High Dividend Equity Income Fund
IAE
$93.1M
| $1.16M | ﹤0.01% |
123,846
+38,357
| +45% | +$347K |
|
|
ITI
3068
DELISTED
Iteris, Inc.
ITI
| $1.16M | ﹤0.01% |
277,179
+9,541
| +4% | +$39.4K |
|
3069
Smith & Nephew
SNN
$12.6B
| $1.15M | ﹤0.01% |
28,602
-754
| -3% | -$29K |
|
|
RJET
3070
Republic Airways Holdings
RJET
$1B
| $1.15M | ﹤0.01% |
9,153
+2,324
| +34% | +$310K |
|
3071
Nordic American Tanker
NAT
$1.37B
| $1.15M | ﹤0.01% |
567,204
+76,857
| +16% | +$162K |
|
|
CLUB
3072
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $1.15M | ﹤0.01% |
240,731
+5,651
| +2% | +$32.2K |
|
|
AKTS
3073
DELISTED
Akoustis Technologies Inc
AKTS
| $1.14M | ﹤0.01% |
196,817
+24,948
| +15% | +$164K |
|
3074
SSR Mining
SSRM
$6.48B
| $1.14M | ﹤0.01% |
90,278
-33,165
| -27% | -$439K |
|
|
SWI
3075
DELISTED
SolarWinds Corporation Common Stock
SWI
| $1.14M | ﹤0.01% |
55,296
+1,703
| +3% | +$31.9K |
|
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.