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 | |
|---|---|---|---|---|---|---|
3226
Consolidated Water Co
CWCO
$489M
| $781K | ﹤0.01% |
60,715
+8,062
| +15% | +$103K |
|
|
BGFV
3227
DELISTED
Big 5 Sporting Goods
BGFV
| $779K | ﹤0.01% |
245,236
+21,511
| +10% | +$77.7K |
|
3228
Liquidia Corp
LQDA
$7.92B
| $779K | ﹤0.01% |
68,464
+19,145
| +39% | +$307K |
|
3229
Teekay Tankers
TNK
$2.66B
| $778K | ﹤0.01% |
100,289
+16,672
| +20% | +$136K |
|
3230
EyePoint Inc
EYPT
$1.18B
| $775K | ﹤0.01% |
43,328
+1,568
| +4% | +$37.3K |
|
|
TTPH
3231
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $771K | ﹤0.01% |
28,784
+1,192
| +4% | +$30.3K |
|
|
SPNS
3232
DELISTED
Sapiens International
SPNS
| $768K | ﹤0.01% |
50,285
+1,140
| +2% | +$15K |
|
3233
Nature's Sunshine
NATR
$288M
| $765K | ﹤0.01% |
82,449
+3,627
| +5% | +$30.8K |
|
|
TUES
3234
DELISTED
Tuesday Morning Corp
TUES
| $764K | ﹤0.01% |
360,523
+96,247
| +36% | +$214K |
|
3235
electroCore
ECOR
$70.7M
| $761K | ﹤0.01% |
7,264
+4,219
| +139% | +$453K |
|
3236
Transcat
TRNS
$885M
| $760K | ﹤0.01% |
33,082
+2,578
| +8% | +$58.2K |
|
|
OMCC
3237
DELISTED
Old Market Capital Corp
OMCC
| $758K | ﹤0.01% |
84,318
| – | – |
|
|
FCRD
3238
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $757K | ﹤0.01% |
115,429
+44,869
| +64% | +$301K |
|
|
WTER
3239
DELISTED
The Alkaline Water Company Inc. Common Stock
WTER
| $753K | ﹤0.01% |
+21,031
| New | +$1.02M |
|
3240
Biglari Holdings Class A
BH.A
$1.21B
| $750K | ﹤0.01% |
1,021
-94
| -8% | -$62.9K |
|
|
ARC
3241
DELISTED
ARC Document Solutions, Inc.
ARC
| $750K | ﹤0.01% |
337,156
-29,798
| -8% | -$72.7K |
|
3242
Ituran Location and Control
ITRN
$1.05B
| $748K | ﹤0.01% |
21,929
-1,405
| -6% | -$48K |
|
3243
GSI Technology
GSIT
$257M
| $743K | ﹤0.01% |
95,723
+2,291
| +2% | +$17.6K |
|
3244
Matinas BioPharma
MTNB
$1.69M
| $743K | ﹤0.01% |
13,647
+5,512
| +68% | +$297K |
|
|
TRCB
3245
DELISTED
Two River Bancorp
TRCB
| $741K | ﹤0.01% |
46,775
| – | – |
|
3246
Valhi
VHI
$439M
| $737K | ﹤0.01% |
26,620
-429
| -2% | -$15.9K |
|
|
TEF
3247
DELISTED
Telefonica
TEF
| $735K | ﹤0.01% |
108,875
-11,933
| -10% | -$83.5K |
|
|
ELGX
3248
DELISTED
Endologix Inc
ELGX
| $734K | ﹤0.01% |
111,058
+5,130
| +5% | +$33.8K |
|
3249
Avalo Therapeutics
AVTX
$964M
| $731K | ﹤0.01% |
43
+10
| +30% | +$150K |
|
3250
Siebert Financial
SIEB
$68.8M
| $731K | ﹤0.01% |
61,911
+4,721
| +8% | +$58.1K |
|
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.