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 | |
|---|---|---|---|---|---|---|
|
CHSP
1176
DELISTED
Chesapeake Lodging Trust
CHSP
| $28.2M | 0.01% |
1,014,330
+58,754
| +6% | +$1.66M |
|
|
TMHC
1177
DELISTED
Taylor Morrison
TMHC
| $28.2M | 0.01% |
1,588,813
+15,077
| +1% | +$269K |
|
1178
Agree Realty
ADC
$9.41B
| $28.2M | 0.01% |
406,033
+50,078
| +14% | +$3.24M |
|
1179
Nu Skin
NUS
$267M
| $28.1M | 0.01% |
587,830
+40,565
| +7% | +$2.46M |
|
1180
Cogent Communications
CCOI
$508M
| $28.1M | 0.01% |
517,989
+50,498
| +11% | +$2.49M |
|
1181
Liberty Latin America Class C
LILAK
$1.64B
| $28.1M | 0.01% |
1,685,581
+85,587
| +5% | +$1.33M |
|
1182
Avis
CAR
$5.02B
| $28M | 0.01% |
803,915
+54,552
| +7% | +$1.63M |
|
1183
New Oriental
EDU
$8.98B
| $28M | 0.01% |
313,050
+29,150
| +10% | +$2.19M |
|
1184
Frontdoor
FTDR
$6.26B
| $28M | 0.01% |
813,336
+144,524
| +22% | +$4.41M |
|
|
PEGI
1185
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $28M | 0.01% |
1,272,203
+119,805
| +10% | +$2.5M |
|
1186
H.B. Fuller
FUL
$3.28B
| $28M | 0.01% |
575,004
+42,250
| +8% | +$2.02M |
|
|
PTLA
1187
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $28M | 0.01% |
805,759
+75,510
| +10% | +$2.18M |
|
1188
WesBanco
WSBC
$4B
| $28M | 0.01% |
703,323
+47,020
| +7% | +$1.89M |
|
1189
Coherent
COHR
$74.2B
| $27.9M | 0.01% |
749,467
+63,122
| +9% | +$2.33M |
|
1190
QuidelOrtho
QDEL
$838M
| $27.9M | 0.01% |
425,823
+37,946
| +10% | +$2.3M |
|
1191
Simmons First National
SFNC
$3.39B
| $27.9M | 0.01% |
1,138,646
+90,500
| +9% | +$2.32M |
|
|
PS
1192
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $27.9M | 0.01% |
877,558
+624,491
| +247% | +$18.5M |
|
1193
Insmed
INSM
$28.6B
| $27.8M | 0.01% |
957,552
+91,063
| +11% | +$2.36M |
|
1194
Deluxe
DLX
$1.15B
| $27.7M | 0.01% |
634,386
+38,340
| +6% | +$1.72M |
|
1195
Enovis
ENOV
$1.53B
| $27.7M | 0.01% |
542,820
-2,344
| -0.4% | -$103K |
|
1196
Simpson Manufacturing
SSD
$8.16B
| $27.7M | 0.01% |
467,767
+34,821
| +8% | +$2.06M |
|
1197
Jack in the Box
JACK
$335M
| $27.7M | 0.01% |
341,118
+15,381
| +5% | +$1.23M |
|
|
AEL
1198
DELISTED
American Equity Investment Life Holding Company
AEL
| $27.6M | 0.01% |
1,020,047
+66,530
| +7% | +$2.02M |
|
|
PDCO
1199
DELISTED
Patterson Companies, Inc.
PDCO
| $27.5M | 0.01% |
1,260,581
+83,989
| +7% | +$1.86M |
|
1200
CONMED
CNMD
$1.47B
| $27.5M | 0.01% |
330,771
+34,005
| +11% | +$2.47M |
|
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.