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 | |
|---|---|---|---|---|---|---|
1126
Avient
AVNT
$4.19B
| $30.5M | 0.01% |
1,040,256
+83,320
| +9% | +$2.61M |
|
1127
Glaukos
GKOS
$10.6B
| $30.4M | 0.01% |
388,427
+23,201
| +6% | +$1.55M |
|
1128
Trinity Industries
TRN
$2.38B
| $30.4M | 0.01% |
1,397,235
-18,925
| -1% | -$432K |
|
1129
Antero Resources
AR
$10.7B
| $30.3M | 0.01% |
3,433,664
+809,173
| +31% | +$7.64M |
|
|
ROIC
1130
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $30.3M | 0.01% |
1,745,909
+143,194
| +9% | +$2.45M |
|
1131
Box
BOX
$4.6B
| $30.2M | 0.01% |
1,566,536
-23,872
| -2% | -$495K |
|
1132
WD-40
WDFC
$3.15B
| $30.2M | 0.01% |
178,110
+9,789
| +6% | +$1.72M |
|
|
LEXEA
1133
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $30.1M | 0.01% |
702,832
+81,657
| +13% | +$3.51M |
|
|
VRE
1134
DELISTED
Veris Residential
VRE
| $30M | 0.01% |
1,351,028
+117,431
| +10% | +$2.45M |
|
1135
Navient
NAVI
$853M
| $30M | 0.01% |
2,591,159
-304,800
| -11% | -$3.49M |
|
1136
Zurn Elkay Water Solutions
ZWS
$8.53B
| $29.9M | 0.01% |
2,470,602
+210,521
| +9% | +$2.62M |
|
1137
Avista
AVA
$3.24B
| $29.9M | 0.01% |
735,571
+48,405
| +7% | +$1.99M |
|
|
CADE
1138
DELISTED
Cadence Bank
CADE
| $29.9M | 0.01% |
1,058,357
+79,228
| +8% | +$2.35M |
|
1139
Ormat Technologies
ORA
$6.65B
| $29.9M | 0.01% |
541,506
+37,906
| +8% | +$2.1M |
|
1140
Murphy USA
MUSA
$9.61B
| $29.7M | 0.01% |
347,092
+17,931
| +5% | +$1.42M |
|
1141
SouthState Bank Corp
SSB
$10.5B
| $29.7M | 0.01% |
434,797
+22,483
| +5% | +$1.51M |
|
1142
Repligen
RGEN
$9.25B
| $29.7M | 0.01% |
502,426
+48,727
| +11% | +$2.8M |
|
1143
Healthcare Services Group
HCSG
$1.53B
| $29.7M | 0.01% |
899,227
+45,567
| +5% | +$1.75M |
|
1144
Sprouts Farmers Market
SFM
$8.01B
| $29.6M | 0.01% |
1,375,441
+83,382
| +6% | +$1.96M |
|
1145
Valmont Industries
VMI
$9.53B
| $29.6M | 0.01% |
227,717
+9,021
| +4% | +$1.16M |
|
1146
J&J Snack Foods
JJSF
$1.71B
| $29.6M | 0.01% |
186,216
+14,963
| +9% | +$2.28M |
|
|
AAT
1147
American Assets Trust
AAT
$1.4B
| $29.6M | 0.01% |
644,369
+105,152
| +20% | +$4.55M |
|
1148
Columbia Banking Systems
COLB
$8.84B
| $29.5M | 0.01% |
903,531
+68,199
| +8% | +$2.48M |
|
1149
Integer Holdings
ITGR
$4.26B
| $29.5M | 0.01% |
391,188
+39,552
| +11% | +$3.24M |
|
1150
Sally Beauty Holdings
SBH
$1.58B
| $29.4M | 0.01% |
1,597,021
+163,301
| +11% | +$2.92M |
|
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.