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 | |
|---|---|---|---|---|---|---|
1201
Trustmark
TRMK
$2.75B
| $27.5M | 0.01% |
818,072
+49,593
| +6% | +$1.62M |
|
1202
Emergent Biosolutions
EBS
$248M
| $27.5M | 0.01% |
543,584
+21,768
| +4% | +$1.28M |
|
|
WCC
1203
WESCO International
WCC
$17.7B
| $27.4M | 0.01% |
517,532
-15,246
| -3% | -$806K |
|
|
EE
1204
DELISTED
El Paso Electric Company
EE
| $27.4M | 0.01% |
465,895
+40,737
| +10% | +$2.2M |
|
|
GHDX
1205
DELISTED
Genomic Health, Inc.
GHDX
| $27.4M | 0.01% |
390,764
+66,236
| +20% | +$4.91M |
|
1206
ABM Industries
ABM
$2.84B
| $27.3M | 0.01% |
750,501
+50,075
| +7% | +$1.74M |
|
|
ARNA
1207
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $27.3M | 0.01% |
608,453
+43,164
| +8% | +$1.98M |
|
|
MRTX
1208
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $27.2M | 0.01% |
371,703
+57,485
| +18% | +$3.91M |
|
1209
Power Integrations
POWI
$3.61B
| $27.2M | 0.01% |
778,328
+88,742
| +13% | +$3.02M |
|
|
EVBG
1210
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $27.2M | 0.01% |
362,673
+60,396
| +20% | +$3.94M |
|
1211
Applied Industrial Technologies
AIT
$13.3B
| $27.2M | 0.01% |
457,203
+46,681
| +11% | +$2.71M |
|
1212
Cheesecake Factory
CAKE
$5.33B
| $27.1M | 0.01% |
553,549
+37,861
| +7% | +$1.74M |
|
1213
Pediatrix Medical
MD
$2.2B
| $27.1M | 0.01% |
995,799
+40,906
| +4% | +$1.37M |
|
1214
InterDigital
IDCC
$8.89B
| $27M | 0.01% |
409,907
+19,968
| +5% | +$1.39M |
|
1215
Conduent
CNDT
$264M
| $27M | 0.01% |
1,951,423
-181,141
| -8% | -$2.41M |
|
1216
Pegasystems
PEGA
$5.38B
| $26.9M | 0.01% |
828,620
+36,250
| +5% | +$1.07M |
|
|
CORE
1217
DELISTED
Core Mark Holding Co., Inc.
CORE
| $26.9M | 0.01% |
724,976
+44,109
| +6% | +$1.39M |
|
1218
DigitalBridge
DBRG
$2.95B
| $26.9M | 0.01% |
1,263,970
+68,210
| +6% | +$1.52M |
|
1219
SITE Centers
SITC
$165M
| $26.9M | 0.01% |
2,530,419
+138,242
| +6% | +$1.4M |
|
|
ARGO
1220
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $26.8M | 0.01% |
379,106
+31,356
| +9% | +$2.13M |
|
1221
PENN Entertainment
PENN
$2.71B
| $26.8M | 0.01% |
1,332,454
+30,280
| +2% | +$708K |
|
1222
Franklin Electric
FELE
$4.84B
| $26.7M | 0.01% |
523,431
+32,994
| +7% | +$1.63M |
|
|
DAY
1223
DELISTED
Dayforce
DAY
| $26.6M | 0.01% |
518,965
+189,544
| +58% | +$8.38M |
|
|
LTC
1224
LTC Properties
LTC
$2.15B
| $26.6M | 0.01% |
579,967
+48,694
| +9% | +$2.19M |
|
1225
Halozyme
HALO
$12.2B
| $26.5M | 0.01% |
1,648,355
+127,698
| +8% | +$2.07M |
|
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.