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 | |
|---|---|---|---|---|---|---|
3126
Escalade
ESCA
$311M
| $1M | ﹤0.01% |
89,582
+4,914
| +6% | +$58K |
|
|
TRVN
3127
DELISTED
Trevena, Inc.
TRVN
| $999K | ﹤0.01% |
1,026
+263
| +34% | +$198K |
|
3128
International Money Express
IMXI
$367M
| $991K | ﹤0.01% |
85,031
+13,117
| +18% | +$148K |
|
|
WIA
3129
Western Asset Inflation-Linked Income Fund
WIA
$186M
| $988K | ﹤0.01% |
+88,152
| New | +$965K |
|
|
HYB
3130
DELISTED
New America High Income Fund, Inc.
HYB
| $988K | ﹤0.01% |
116,244
-50,505
| -30% | -$419K |
|
|
HTY
3131
DELISTED
JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND
HTY
| $982K | ﹤0.01% |
143,171
+51,814
| +57% | +$358K |
|
|
CSTR
3132
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $982K | ﹤0.01% |
68,071
+4,343
| +7% | +$68.3K |
|
|
AMRS
3133
DELISTED
Amyris Inc.
AMRS
| $981K | ﹤0.01% |
469,597
+61,344
| +15% | +$242K |
|
3134
Gencor Industries
GENC
$212M
| $980K | ﹤0.01% |
79,310
+4,073
| +5% | +$53.2K |
|
3135
Cartesian Therapeutics
RNAC
$268M
| $978K | ﹤0.01% |
13,762
+7,918
| +135% | +$502K |
|
3136
Kodak
KODK
$983M
| $977K | ﹤0.01% |
330,403
+7,962
| +2% | +$24.2K |
|
3137
AstroNova
ALOT
$227M
| $969K | ﹤0.01% |
47,541
+607
| +1% | +$11.9K |
|
|
MAXR
3138
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $969K | ﹤0.01% |
+241,118
| New | +$1.42M |
|
3139
Barclays
BCS
$94.1B
| $959K | ﹤0.01% |
122,453
-84,833
| -41% | -$682K |
|
3140
J. Jill
JILL
$283M
| $958K | ﹤0.01% |
34,914
-1,642
| -4% | -$42K |
|
3141
NCS Multistage Holdings
NCSM
$125M
| $956K | ﹤0.01% |
9,233
+349
| +4% | +$38.7K |
|
|
CHRN
3142
ChronoScale Holdings
CHRN
$3.04B
| $955K | ﹤0.01% |
1,693
| – | – |
|
3143
Pixelworks
PXLW
$41.6M
| $946K | ﹤0.01% |
20,112
+189
| +0.9% | +$8.34K |
|
3144
Sun Life Financial
SLF
$45.4B
| $943K | ﹤0.01% |
24,561
-1,073
| -4% | -$39.4K |
|
3145
Arbutus Biopharma
ABUS
$915M
| $941K | ﹤0.01% |
262,990
+27,058
| +11% | +$104K |
|
3146
Dorchester Minerals
DMLP
$1.26B
| $941K | ﹤0.01% |
51,588
| – | – |
|
|
LUMO
3147
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $941K | ﹤0.01% |
54,220
-1,086
| -2% | -$16.2K |
|
3148
OptimizeRx
OPRX
$133M
| $940K | ﹤0.01% |
73,977
+13,116
| +22% | +$171K |
|
|
RMT
3149
Royce Micro-Cap Trust
RMT
$761M
| $937K | ﹤0.01% |
+112,553
| New | +$938K |
|
3150
Alico
ALCO
$283M
| $932K | ﹤0.01% |
34,265
-99
| -0.3% | -$2.93K |
|
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.