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 | |
|---|---|---|---|---|---|---|
1076
Sensient Technologies
SXT
$5.53B
| $32.9M | 0.01% |
485,505
+37,130
| +8% | +$2.34M |
|
1077
GATX Corp
GATX
$6.27B
| $32.9M | 0.01% |
430,393
+30,272
| +8% | +$2.26M |
|
1078
MongoDB
MDB
$32.1B
| $32.8M | 0.01% |
223,315
+14,208
| +7% | +$1.46M |
|
1079
Outfront Media
OUT
$5.5B
| $32.8M | 0.01% |
1,423,367
+64,083
| +5% | +$1.34M |
|
1080
MillerKnoll
MLKN
$1.67B
| $32.8M | 0.01% |
931,637
+43,899
| +5% | +$1.53M |
|
1081
Progress Software
PRGS
$1.76B
| $32.8M | 0.01% |
738,479
+46,344
| +7% | +$1.7M |
|
|
AYX
1082
DELISTED
Alteryx Inc
AYX
| $32.8M | 0.01% |
390,673
+75,478
| +24% | +$5.45M |
|
|
HI
1083
DELISTED
Hillenbrand
HI
| $32.7M | 0.01% |
788,220
+70,265
| +10% | +$2.97M |
|
1084
Tenet Healthcare
THC
$21.1B
| $32.7M | 0.01% |
1,133,465
+172,660
| +18% | +$4.26M |
|
1085
Ligand Pharmaceuticals
LGND
$6.36B
| $32.7M | 0.01% |
416,376
+18,095
| +5% | +$1.37M |
|
1086
Acadia Realty Trust
AKR
$2.84B
| $32.7M | 0.01% |
1,197,355
+116,920
| +11% | +$3.23M |
|
1087
Quaker Houghton
KWR
$2.92B
| $32.6M | 0.01% |
162,888
+12,059
| +8% | +$2.39M |
|
1088
RLI Corp
RLI
$5.89B
| $32.6M | 0.01% |
909,150
+82,040
| +10% | +$2.83M |
|
1089
Protolabs
PRLB
$2.13B
| $32.6M | 0.01% |
309,834
+19,570
| +7% | +$2.2M |
|
1090
BJs Wholesale Club
BJ
$12.3B
| $32.6M | 0.01% |
1,188,681
+461,187
| +63% | +$11.8M |
|
|
PDCE
1091
DELISTED
PDC Energy, Inc.
PDCE
| $32.5M | 0.01% |
799,358
+62,717
| +9% | +$2.29M |
|
1092
O-I Glass
OI
$1.08B
| $32.5M | 0.01% |
1,712,890
+133,457
| +8% | +$2.59M |
|
1093
Unifirst Corp
UNF
$5.25B
| $32.4M | 0.01% |
211,162
+27,495
| +15% | +$3.86M |
|
|
S
1094
DELISTED
Sprint Corporation
S
| $32.3M | 0.01% |
5,730,274
+307,791
| +6% | +$1.91M |
|
|
SAFM
1095
DELISTED
Sanderson Farms Inc
SAFM
| $32.3M | 0.01% |
245,092
+8,162
| +3% | +$978K |
|
1096
Dorman Products
DORM
$4.18B
| $32.3M | 0.01% |
366,461
+29,281
| +9% | +$2.55M |
|
1097
International Bancshares
IBOC
$4.57B
| $32.2M | 0.01% |
847,344
+55,348
| +7% | +$2.09M |
|
1098
Q2 Holdings
QTWO
$3.92B
| $32.2M | 0.01% |
464,289
+84,373
| +22% | +$5.27M |
|
|
KW
1099
DELISTED
Kennedy-Wilson Holdings
KW
| $32.1M | 0.01% |
1,501,948
+127,985
| +9% | +$2.6M |
|
1100
Korn Ferry
KFY
$4.28B
| $32.1M | 0.01% |
715,933
+38,596
| +6% | +$1.77M |
|
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.