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 | |
|---|---|---|---|---|---|---|
3076
Energy Fuels
UUUU
$3.53B
| $1.14M | ﹤0.01% |
342,982
+46,046
| +16% | +$139K |
|
|
PCOM
3077
DELISTED
Points.com Inc. Common Shares
PCOM
| $1.13M | ﹤0.01% |
84,424
+7,594
| +10% | +$85.8K |
|
3078
Genie Energy
GNE
$384M
| $1.13M | ﹤0.01% |
133,382
+6,016
| +5% | +$50.3K |
|
3079
Teekay
TK
$985M
| $1.13M | ﹤0.01% |
288,681
+42,926
| +17% | +$163K |
|
3080
Cue Biopharma
CUE
$114M
| $1.13M | ﹤0.01% |
4,873
+508
| +12% | +$96.6K |
|
|
VAPO
3081
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.13M | ﹤0.01% |
7,171
+643
| +10% | +$92.3K |
|
|
TLND
3082
DELISTED
Talend S.A. American Depositary Shares
TLND
| $1.12M | ﹤0.01% |
22,204
+330
| +2% | +$14.1K |
|
3083
Toronto Dominion Bank
TD
$200B
| $1.12M | ﹤0.01% |
20,643
-538
| -3% | -$29.7K |
|
|
PZN
3084
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $1.12M | ﹤0.01% |
138,604
+10,458
| +8% | +$93.3K |
|
3085
Crawford & Co Class B
CRD.B
$604M
| $1.12M | ﹤0.01% |
122,490
-39,782
| -25% | -$387K |
|
3086
Gyre Therapeutics
GYRE
$744M
| $1.12M | ﹤0.01% |
18,383
-840
| -4% | -$54K |
|
3087
Marchex
MCHX
$79.7M
| $1.12M | ﹤0.01% |
236,513
+72,273
| +44% | +$295K |
|
3088
Galicia Financial Group
GGAL
$7.42B
| $1.11M | ﹤0.01% |
43,662
+240
| +0.6% | +$7.52K |
|
|
TGH
3089
DELISTED
Textainer Group Holdings limited
TGH
| $1.09M | ﹤0.01% |
113,501
+16,541
| +17% | +$196K |
|
|
DRRX
3090
DELISTED
DURECT Corp
DRRX
| $1.09M | ﹤0.01% |
174,919
+4,881
| +3% | +$32.9K |
|
3091
Maui Land & Pineapple Co
MLP
$344M
| $1.09M | ﹤0.01% |
95,787
+76
| +0.1% | +$855 |
|
3092
Canadian Solar
CSIQ
$1.08B
| $1.09M | ﹤0.01% |
58,588
+563
| +1% | +$11.6K |
|
3093
First United
FUNC
$289M
| $1.09M | ﹤0.01% |
63,067
+3,026
| +5% | +$51.6K |
|
|
VSI
3094
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.08M | ﹤0.01% |
153,884
+15,320
| +11% | +$90.3K |
|
|
MIN
3095
Aberdeen Intermediate Income Fund
MIN
$278M
| $1.08M | ﹤0.01% |
+284,693
| New | +$1.06M |
|
|
MPX
3096
DELISTED
Marine Products Corp
MPX
| $1.07M | ﹤0.01% |
79,863
+10,759
| +16% | +$159K |
|
|
FUND
3097
Sprott Focus Trust
FUND
$308M
| $1.07M | ﹤0.01% |
157,621
+77,418
| +97% | +$513K |
|
|
ACB
3098
Aurora Cannabis
ACB
$185M
| $1.07M | ﹤0.01% |
1,022
+124
| +14% | +$111K |
|
|
CMTA
3099
DELISTED
Clementia Pharmaceuticals Inc.
CMTA
| $1.07M | ﹤0.01% |
41,041
+403
| +1% | +$7.53K |
|
3100
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.71B
| – | – |
0
| – | – |
|
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.