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 | |
|---|---|---|---|---|---|---|
3301
Everspin Technologies
MRAM
$381M
| $629K | ﹤0.01% |
82,191
+19,681
| +31% | +$143K |
|
3302
Philips
PHG
$25.7B
| $626K | ﹤0.01% |
19,739
+2,469
| +14% | +$73.5K |
|
3303
Restaurant Brands International
QSR
$25.4B
| $626K | ﹤0.01% |
9,625
+1,200
| +14% | +$73.7K |
|
|
VOXX
3304
DELISTED
VOXX International Corporation Class A
VOXX
| $625K | ﹤0.01% |
135,478
+2,697
| +2% | +$13.2K |
|
|
WBK
3305
DELISTED
Westpac Banking Corporation
WBK
| $624K | ﹤0.01% |
33,745
-957
| -3% | -$17.8K |
|
|
TESS
3306
DELISTED
Tessco Technologies Inc
TESS
| $622K | ﹤0.01% |
40,227
| – | – |
|
3307
Cogent Biosciences
COGT
$7.14B
| $621K | ﹤0.01% |
35,413
+2,272
| +7% | +$38.8K |
|
|
LUNA
3308
DELISTED
Luna Innovations Incorporated
LUNA
| $621K | ﹤0.01% |
148,929
| – | – |
|
|
ATXS
3309
DELISTED
Astria Therapeutics
ATXS
| $620K | ﹤0.01% |
13,061
+8,220
| +170% | +$279K |
|
|
LOGC
3310
DELISTED
LogicBio Therapeutics, Inc. Common Stock
LOGC
| $620K | ﹤0.01% |
62,833
+2,634
| +4% | +$24.5K |
|
3311
Adicet Bio
ACET
$74.2M
| $616K | ﹤0.01% |
807
+35
| +5% | +$31.8K |
|
|
ROX
3312
DELISTED
Castle Brands, Inc.
ROX
| $616K | ﹤0.01% |
884,474
+29,776
| +3% | +$24.8K |
|
|
MJCO
3313
DELISTED
Majesco
MJCO
| $612K | ﹤0.01% |
86,912
+15,703
| +22% | +$117K |
|
|
CTIC
3314
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $612K | ﹤0.01% |
631,113
-1,614
| -0.3% | -$1.7K |
|
|
NWHM
3315
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $611K | ﹤0.01% |
128,438
+8,506
| +7% | +$50.9K |
|
3316
Sutro Biopharma
STRO
$400M
| $610K | ﹤0.01% |
5,362
+302
| +6% | +$31.4K |
|
3317
Grupo Cibest SA
CIB
$21.4B
| $606K | ﹤0.01% |
+11,885
| New | +$554K |
|
3318
Mustang Bio
MBIO
$4.36M
| $606K | ﹤0.01% |
237
+10
| +4% | +$28.3K |
|
|
KG
3319
Kestrel Group
KG
$69.7M
| $605K | ﹤0.01% |
40,740
+1,912
| +5% | +$44.2K |
|
3320
Luxfer Holdings
LXFR
$457M
| $603K | ﹤0.01% |
24,165
-31,507
| -57% | -$632K |
|
3321
LSI Industries
LYTS
$913M
| $601K | ﹤0.01% |
228,686
-11,664
| -5% | -$37.5K |
|
3322
Royce Value Trust
RVT
$2.27B
| $601K | ﹤0.01% |
43,678
-48,080
| -52% | -$653K |
|
|
HWCC
3323
DELISTED
Houston Wire & Cable Company
HWCC
| $601K | ﹤0.01% |
94,970
| – | – |
|
3324
Destination XL Group
DXLG
$32.6M
| $600K | ﹤0.01% |
245,099
| – | – |
|
|
AINC
3325
DELISTED
Ashford Inc.
AINC
| $600K | ﹤0.01% |
10,817
+255
| +2% | +$14.7K |
|
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.