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 | |
|---|---|---|---|---|---|---|
|
CADE
1251
DELISTED
Cadence Bancorporation
CADE
| $25.6M | 0.01% |
1,382,468
+119,012
| +9% | +$2.26M |
|
1252
Boyd Gaming
BYD
$6.06B
| $25.6M | 0.01% |
936,324
+65,720
| +8% | +$1.79M |
|
1253
Otter Tail
OTTR
$3.94B
| $25.6M | 0.01% |
513,400
+41,765
| +9% | +$2.05M |
|
|
BEL
1254
DELISTED
Belmond Ltd.
BEL
| $25.5M | 0.01% |
1,024,354
+79,222
| +8% | +$1.97M |
|
1255
NETSCOUT
NTCT
$2.79B
| $25.5M | 0.01% |
909,624
+76,377
| +9% | +$2.03M |
|
1256
Minerals Technologies
MTX
$2.34B
| $25.4M | 0.01% |
432,315
+29,451
| +7% | +$1.68M |
|
1257
WSFS Financial
WSFS
$4.15B
| $25.4M | 0.01% |
658,048
+304,773
| +86% | +$12.7M |
|
1258
EXL Service
EXLS
$5.29B
| $25.4M | 0.01% |
2,115,815
+216,690
| +11% | +$2.54M |
|
|
VG
1259
DELISTED
Vonage Holdings Corporation
VG
| $25.4M | 0.01% |
2,528,275
+65,844
| +3% | +$632K |
|
1260
Rapid7
RPD
$773M
| $25.4M | 0.01% |
500,944
+36,048
| +8% | +$1.54M |
|
1261
Azenta
AZTA
$1.48B
| $25.3M | 0.01% |
863,893
+67,587
| +8% | +$2.03M |
|
1262
Silgan Holdings
SLGN
$4.41B
| $25.3M | 0.01% |
853,762
+31,865
| +4% | +$879K |
|
|
XLRN
1263
DELISTED
Acceleron Pharma
XLRN
| $25.2M | 0.01% |
541,282
+87,819
| +19% | +$3.86M |
|
|
MDP
1264
DELISTED
Meredith Corporation
MDP
| $25.1M | 0.01% |
454,286
+26,603
| +6% | +$1.48M |
|
1265
AMN Healthcare
AMN
$1.4B
| $25M | 0.01% |
530,450
+40,688
| +8% | +$2.26M |
|
1266
Innospec
IOSP
$2.28B
| $25M | 0.01% |
299,540
+17,946
| +6% | +$1.34M |
|
1267
Carpenter Technology
CRS
$28.4B
| $24.9M | 0.01% |
543,417
+38,485
| +8% | +$1.71M |
|
1268
CareTrust REIT
CTRE
$9.74B
| $24.8M | 0.01% |
1,057,705
+94,522
| +10% | +$2.07M |
|
|
MDRX
1269
DELISTED
Veradigm Inc. Common Stock
MDRX
| $24.7M | 0.01% |
2,593,005
+79,018
| +3% | +$873K |
|
1270
Qiagen
QGEN
$8.72B
| $24.6M | 0.01% |
570,283
+18,803
| +3% | +$756K |
|
|
SC
1271
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $24.6M | 0.01% |
1,162,635
+74,000
| +7% | +$1.48M |
|
1272
Evertec
EVTC
$1.78B
| $24.6M | 0.01% |
883,231
+56,634
| +7% | +$1.6M |
|
|
ARCH
1273
DELISTED
Arch Resources, Inc.
ARCH
| $24.6M | 0.01% |
269,033
+21,729
| +9% | +$1.91M |
|
|
AVTA
1274
DELISTED
Avantax, Inc. Common Stock
AVTA
| $24.5M | 0.01% |
734,925
+54,810
| +8% | +$1.6M |
|
1275
Plexus
PLXS
$7.23B
| $24.5M | 0.01% |
402,373
+15,534
| +4% | +$897K |
|
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.