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 | |
|---|---|---|---|---|---|---|
1326
8x8 Inc
EGHT
$332M
| $22.9M | 0.01% |
1,135,766
+103,856
| +10% | +$2.03M |
|
1327
Invesco Mortgage Capital
IVR
$805M
| $22.9M | 0.01% |
145,189
+24,584
| +20% | +$3.9M |
|
1328
Melco Resorts & Entertainment
MLCO
$2.14B
| $22.9M | 0.01% |
1,025,030
+52,955
| +5% | +$1.15M |
|
1329
NeoGenomics
NEO
$2.13B
| $22.9M | 0.01% |
1,118,400
+141,311
| +14% | +$2.46M |
|
|
TVPT
1330
DELISTED
Travelport Worldwide Limited
TVPT
| $22.9M | 0.01% |
1,453,716
+84,699
| +6% | +$1.33M |
|
1331
Walker & Dunlop
WD
$1.53B
| $22.9M | 0.01% |
448,897
+9,982
| +2% | +$507K |
|
1332
Bloomin' Brands
BLMN
$938M
| $22.8M | 0.01% |
1,115,583
+81,862
| +8% | +$1.63M |
|
|
LADR
1333
Ladder Capital
LADR
$1.24B
| $22.7M | 0.01% |
1,334,418
+13,185
| +1% | +$225K |
|
1334
Forward Air
FWRD
$654M
| $22.7M | 0.01% |
350,103
+20,476
| +6% | +$1.25M |
|
1335
World Kinect Corp
WKC
$1.86B
| $22.7M | 0.01% |
784,259
+63,391
| +9% | +$1.66M |
|
1336
Rush Enterprises Class A
RUSHA
$6.22B
| $22.6M | 0.01% |
1,218,623
+38,527
| +3% | +$682K |
|
|
HF
1337
DELISTED
HFF Inc.
HF
| $22.6M | 0.01% |
473,903
+40,933
| +9% | +$1.74M |
|
1338
Westlake Corp
WLK
$9.9B
| $22.6M | 0.01% |
333,469
-38,651
| -10% | -$2.8M |
|
1339
Abercrombie & Fitch
ANF
$5B
| $22.6M | 0.01% |
824,257
+54,953
| +7% | +$1.23M |
|
|
AERI
1340
DELISTED
Aerie Pharmaceuticals
AERI
| $22.5M | 0.01% |
474,448
+38,565
| +9% | +$1.7M |
|
1341
WIX.com
WIX
$2.52B
| $22.4M | 0.01% |
185,997
+9,610
| +5% | +$1.04M |
|
1342
John Wiley & Sons Class A
WLY
$2.66B
| $22.3M | 0.01% |
504,850
+43,763
| +9% | +$2.15M |
|
1343
Empire State Realty Trust
ESRT
$836M
| $22.3M | 0.01% |
1,412,554
+32,737
| +2% | +$503K |
|
|
NAV
1344
DELISTED
Navistar International
NAV
| $22.3M | 0.01% |
689,340
+55,720
| +9% | +$1.85M |
|
1345
Supernus Pharmaceuticals
SUPN
$2.77B
| $22.2M | 0.01% |
634,830
+46,571
| +8% | +$1.73M |
|
|
IBTX
1346
DELISTED
Independent Bank Group, Inc.
IBTX
| $22.2M | 0.01% |
433,414
+32,116
| +8% | +$1.73M |
|
|
MYOK
1347
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $22.2M | 0.01% |
426,464
+28,262
| +7% | +$1.3M |
|
1348
Genworth Financial
GNW
$3.71B
| $22.2M | 0.01% |
5,785,558
+461,417
| +9% | +$2.02M |
|
1349
Northwest Natural Holdings
NWN
$2.12B
| $22.2M | 0.01% |
337,535
+30,497
| +10% | +$1.91M |
|
1350
CNX Resources
CNX
$5.2B
| $22.1M | 0.01% |
2,049,648
+49,833
| +2% | +$562K |
|
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.