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 | |
|---|---|---|---|---|---|---|
1151
MGE Energy Inc
MGEE
$3.08B
| $29.4M | 0.01% |
432,041
+24,422
| +6% | +$1.55M |
|
1152
Belden
BDC
$5.19B
| $29.3M | 0.01% |
546,074
+32,077
| +6% | +$1.76M |
|
1153
Texas Capital Bancshares
TCBI
$4.32B
| $29.3M | 0.01% |
537,044
+12,189
| +2% | +$706K |
|
1154
Terreno Realty
TRNO
$7.49B
| $29.3M | 0.01% |
696,902
+80,110
| +13% | +$3.2M |
|
1155
KB Home
KBH
$3.59B
| $29.2M | 0.01% |
1,209,400
+82,807
| +7% | +$1.83M |
|
|
AJRD
1156
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $29.1M | 0.01% |
819,992
+57,605
| +8% | +$2.12M |
|
1157
Hilton Grand Vacations
HGV
$3.55B
| $29.1M | 0.01% |
944,125
+63,781
| +7% | +$1.95M |
|
1158
WaFd
WAFD
$2.75B
| $29.1M | 0.01% |
1,007,037
+51,366
| +5% | +$1.51M |
|
1159
Wingstop
WING
$3.18B
| $29M | 0.01% |
382,047
+25,521
| +7% | +$1.74M |
|
1160
First Hawaiian
FHB
$3.35B
| $29M | 0.01% |
1,114,394
+124,989
| +13% | +$3.23M |
|
1161
Tanger
SKT
$4.52B
| $29M | 0.01% |
1,383,241
+98,919
| +8% | +$2.13M |
|
1162
Alarm.com
ALRM
$2.85B
| $28.9M | 0.01% |
446,029
+52,640
| +13% | +$3.19M |
|
|
ODP
1163
DELISTED
ODP
ODP
| $28.9M | 0.01% |
796,333
+1,555
| +0.2% | +$49.9K |
|
|
ZGNX
1164
DELISTED
Zogenix, Inc.
ZGNX
| $28.9M | 0.01% |
524,906
+36,725
| +8% | +$1.75M |
|
|
UNVR
1165
DELISTED
Univar Solutions Inc.
UNVR
| $28.9M | 0.01% |
1,302,627
+195,592
| +18% | +$4.22M |
|
|
AGR
1166
DELISTED
Avangrid, Inc.
AGR
| $28.8M | 0.01% |
572,511
+57,269
| +11% | +$2.82M |
|
|
CVET
1167
DELISTED
Covetrus, Inc. Common Stock
CVET
| $28.8M | 0.01% |
+905,128
| New | +$32.1M |
|
|
B
1168
DELISTED
Barnes Group Inc.
B
| $28.8M | 0.01% |
560,341
+51,531
| +10% | +$2.93M |
|
1169
Atlantic Union Bankshares
AUB
$5.97B
| $28.7M | 0.01% |
888,716
+189,365
| +27% | +$6.31M |
|
1170
Acadia Healthcare
ACHC
$2.94B
| $28.7M | 0.01% |
978,140
+52,083
| +6% | +$1.48M |
|
1171
Energizer
ENR
$1.55B
| $28.6M | 0.01% |
637,606
+49,426
| +8% | +$2.28M |
|
1172
The GEO Group
GEO
$4.04B
| $28.5M | 0.01% |
1,484,988
+117,671
| +9% | +$2.53M |
|
1173
Insight Enterprises
NSIT
$4.38B
| $28.4M | 0.01% |
515,794
+39,187
| +8% | +$1.98M |
|
1174
First Financial Bancorp
FFBC
$3.53B
| $28.4M | 0.01% |
1,179,716
+94,543
| +9% | +$2.45M |
|
1175
CVB Financial
CVBF
$3.99B
| $28.2M | 0.01% |
1,341,716
+113,063
| +9% | +$2.48M |
|
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.