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 | |
|---|---|---|---|---|---|---|
|
TCF
1026
DELISTED
TCF Financial Corporation Common Stock
TCF
| $36M | 0.01% |
873,906
+52,417
| +6% | +$2.27M |
|
1027
FTI Consulting
FCN
$4.18B
| $35.9M | 0.01% |
467,516
+68,814
| +17% | +$4.86M |
|
|
GBT
1028
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $35.9M | 0.01% |
677,697
+57,967
| +9% | +$2.85M |
|
1029
STAG Industrial
STAG
$7.19B
| $35.9M | 0.01% |
1,209,393
+87,608
| +8% | +$2.42M |
|
1030
Community Bank
CBU
$3.41B
| $35.8M | 0.01% |
599,639
+45,265
| +8% | +$2.79M |
|
|
NUVA
1031
DELISTED
NuVasive, Inc.
NUVA
| $35.7M | 0.01% |
629,136
+44,348
| +8% | +$2.36M |
|
1032
Commault Systems
CVLT
$5.61B
| $35.7M | 0.01% |
550,707
+55,102
| +11% | +$3.56M |
|
1033
Vishay Intertechnology
VSH
$5.43B
| $35.6M | 0.01% |
1,927,827
+87,986
| +5% | +$1.76M |
|
1034
Diamondrock Hospitality Co
DRH
$2.56B
| $35.5M | 0.01% |
3,273,810
+227,218
| +7% | +$2.35M |
|
1035
Morningstar
MORN
$7.53B
| $35.4M | 0.01% |
281,310
-2,423
| -0.9% | -$291K |
|
1036
Novanta
NOVT
$6.29B
| $35.4M | 0.01% |
417,369
+38,154
| +10% | +$2.86M |
|
1037
Ryder
R
$10.1B
| $35.3M | 0.01% |
569,133
+43,247
| +8% | +$2.53M |
|
|
TCF
1038
DELISTED
TCF Financial Corporation
TCF
| $35.2M | 0.01% |
1,700,085
+12,793
| +0.8% | +$279K |
|
1039
Federated Hermes
FHI
$4.72B
| $35M | 0.01% |
1,195,839
-104,066
| -8% | -$2.89M |
|
1040
Kennametal
KMT
$2.52B
| $35M | 0.01% |
953,490
+55,696
| +6% | +$2.04M |
|
1041
Home BancShares
HOMB
$6.18B
| $35M | 0.01% |
1,991,353
+131,613
| +7% | +$2.44M |
|
|
ENV
1042
DELISTED
ENVESTNET, INC.
ENV
| $34.9M | 0.01% |
534,278
+57,350
| +12% | +$3.3M |
|
1043
Paylocity
PCTY
$7.98B
| $34.8M | 0.01% |
390,321
+30,584
| +9% | +$2.38M |
|
|
GTLS
1044
DELISTED
Chart Industries
GTLS
| $34.6M | 0.01% |
382,289
+31,107
| +9% | +$2.51M |
|
1045
Independent Bank
INDB
$3.97B
| $34.6M | 0.01% |
426,898
+107,529
| +34% | +$8.52M |
|
1046
Viavi Solutions
VIAV
$9.66B
| $34.6M | 0.01% |
2,793,126
+244,836
| +10% | +$2.87M |
|
1047
Strategic Education
STRA
$1.92B
| $34.6M | 0.01% |
263,328
+22,826
| +9% | +$2.78M |
|
|
CLGX
1048
DELISTED
Corelogic, Inc.
CLGX
| $34.6M | 0.01% |
927,915
+81,845
| +10% | +$3.02M |
|
1049
Qualys
QLYS
$6.35B
| $34.4M | 0.01% |
416,186
+28,667
| +7% | +$2.39M |
|
1050
Edgewell Personal Care
EPC
$1.31B
| $34.4M | 0.01% |
783,584
+119,057
| +18% | +$4.96M |
|
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.