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 | |
|---|---|---|---|---|---|---|
|
CRR
3201
DELISTED
Carbo Ceramics Inc.
CRR
| $825K | ﹤0.01% |
235,917
+13,674
| +6% | +$57.3K |
|
|
GF
3202
New Germany Fund
GF
$188M
| $820K | ﹤0.01% |
+58,761
| New | +$790K |
|
|
OTRK
3203
DELISTED
Ontrak
OTRK
| $819K | ﹤0.01% |
744
+429
| +136% | +$433K |
|
|
EVLO
3204
DELISTED
Evelo Biosciences, Inc. Common Stock
EVLO
| $819K | ﹤0.01% |
5,123
+613
| +14% | +$121K |
|
3205
Vuzix
VUZI
$221M
| $818K | ﹤0.01% |
267,433
+14,568
| +6% | +$58.4K |
|
|
MGI
3206
DELISTED
MoneyGram International, Inc. New
MGI
| $818K | ﹤0.01% |
401,443
+14,991
| +4% | +$34.2K |
|
|
MUDSW
3207
DELISTED
Mudrick Capital Acquisition Corporation Warrant
MUDSW
| $818K | ﹤0.01% |
1,604,115
| – | – |
|
3208
iShares Russell 1000 ETF
IWB
$49.9B
| – | – |
0
| – | – |
|
3209
Lloyds Banking Group
LYG
$91.2B
| $814K | ﹤0.01% |
253,883
+11,941
| +5% | +$36.5K |
|
3210
Orion Group Holdings
ORN
$420M
| $813K | ﹤0.01% |
278,701
+18,872
| +7% | +$79.4K |
|
3211
SCYNEXIS
SCYX
$53.4M
| $811K | ﹤0.01% |
6,718
+841
| +14% | +$76.6K |
|
3212
Turkcell
TKC
$4.79B
| $810K | ﹤0.01% |
151,368
+93,225
| +160% | +$593K |
|
|
NETI
3213
DELISTED
Eneti Inc.
NETI
| $807K | ﹤0.01% |
22,637
+691
| +3% | +$30.2K |
|
3214
Grupo Aeroportuario del Pacifico
PAC
$13.2B
| $803K | ﹤0.01% |
9,044
+4,409
| +95% | +$398K |
|
|
LITS
3215
Lite Strategy Inc
LITS
$31.8M
| $802K | ﹤0.01% |
13,064
| – | – |
|
|
CCEC
3216
Capital Clean Energy Carriers
CCEC
$1.34B
| $794K | ﹤0.01% |
75,878
+35,939
| +90% | +$564K |
|
3217
Celsius Holdings
CELH
$6.84B
| $793K | ﹤0.01% |
558,843
+33,207
| +6% | +$42.6K |
|
3218
Esquire Financial Holdings
ESQ
$1.13B
| $793K | ﹤0.01% |
34,858
+2,821
| +9% | +$63.2K |
|
3219
PrimeEnergy Resources
PNRG
$301M
| $793K | ﹤0.01% |
4,839
| – | – |
|
3220
FreightCar America
RAIL
$260M
| $793K | ﹤0.01% |
128,780
+5,141
| +4% | +$38K |
|
3221
Ardmore Shipping
ASC
$685M
| $790K | ﹤0.01% |
128,286
+10,752
| +9% | +$59K |
|
3222
BlackRock Resources & Commodities Strategy Trust
BCX
$926M
| $788K | ﹤0.01% |
96,475
+12,926
| +15% | +$102K |
|
3223
InterContinental Hotels
IHG
$23.2B
| $788K | ﹤0.01% |
12,912
-707
| -5% | -$42K |
|
3224
AudioCodes
AUDC
$252M
| $783K | ﹤0.01% |
56,656
+11,011
| +24% | +$145K |
|
|
XONE
3225
DELISTED
The ExOne Company
XONE
| $782K | ﹤0.01% |
92,129
+15,593
| +20% | +$144K |
|
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.