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 | |
|---|---|---|---|---|---|---|
1051
MasTec
MTZ
$21.9B
| $34.4M | 0.01% |
714,968
+37,466
| +6% | +$1.68M |
|
|
ELME
1052
Elme Communities
ELME
$144M
| $34.3M | 0.01% |
1,208,976
+130,155
| +12% | +$3.39M |
|
|
CHK
1053
DELISTED
Chesapeake Energy Corporation
CHK
| $34.3M | 0.01% |
55,340
+9,250
| +20% | +$5.18M |
|
1054
First Bancorp
FBP
$4.38B
| $34.3M | 0.01% |
2,992,515
+93,337
| +3% | +$984K |
|
1055
Match Group
MTCH
$8.55B
| $34.2M | 0.01% |
604,180
+38,481
| +7% | +$2.04M |
|
1056
Skywest
SKYW
$4.34B
| $34.1M | 0.01% |
628,706
+32,812
| +6% | +$1.68M |
|
1057
EnerSys
ENS
$6.99B
| $34.1M | 0.01% |
522,805
+49,506
| +10% | +$3.74M |
|
1058
U-Haul Holding Co
UHAL
$14.6B
| $34.1M | 0.01% |
917,480
-64,860
| -7% | -$2.36M |
|
1059
CoreCivic
CXW
$3.19B
| $34M | 0.01% |
1,750,202
+194,843
| +13% | +$3.84M |
|
1060
Rogers Corp
ROG
$2.4B
| $33.9M | 0.01% |
213,382
+19,661
| +10% | +$2.66M |
|
|
SWN
1061
DELISTED
Southwestern Energy Company
SWN
| $33.9M | 0.01% |
7,225,073
+425,998
| +6% | +$1.84M |
|
1062
NCR Voyix
VYX
$1.14B
| $33.8M | 0.01% |
2,020,263
+50,881
| +3% | +$843K |
|
|
SJI
1063
DELISTED
South Jersey Industries, Inc.
SJI
| $33.7M | 0.01% |
1,052,040
+156,377
| +17% | +$4.73M |
|
1064
Sinclair Inc
SBGI
$1.03B
| $33.7M | 0.01% |
875,013
+55,775
| +7% | +$1.87M |
|
1065
KBR
KBR
$4.8B
| $33.7M | 0.01% |
1,763,345
+142,935
| +9% | +$2.58M |
|
|
MIC
1066
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $33.6M | 0.01% |
816,300
+71,740
| +10% | +$2.95M |
|
1067
Zscaler
ZS
$27.3B
| $33.6M | 0.01% |
473,265
+40,478
| +9% | +$2.15M |
|
1068
Cleveland-Cliffs
CLF
$6.99B
| $33.6M | 0.01% |
3,358,668
+210,159
| +7% | +$2.1M |
|
|
FNSR
1069
DELISTED
Finisar Corp
FNSR
| $33.5M | 0.01% |
1,445,274
+103,762
| +8% | +$2.37M |
|
1070
Green Dot
GDOT
$745M
| $33.4M | 0.01% |
550,575
+25,563
| +5% | +$1.78M |
|
|
CHX
1071
DELISTED
ChampionX
CHX
| $33.3M | 0.01% |
811,276
+51,227
| +7% | +$1.89M |
|
1072
CarGurus
CARG
$3.47B
| $33.3M | 0.01% |
831,330
+7,263
| +0.9% | +$284K |
|
|
JBTM
1073
JBT Marel
JBTM
$6.39B
| $33.3M | 0.01% |
361,992
+33,135
| +10% | +$2.8M |
|
|
PRSP
1074
DELISTED
Perspecta Inc. Common Stock
PRSP
| $33M | 0.01% |
1,634,009
+119,245
| +8% | +$2.4M |
|
1075
Patterson-UTI
PTEN
$3.76B
| $32.9M | 0.01% |
2,348,454
+79,945
| +4% | +$1.05M |
|
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.