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 | |
|---|---|---|---|---|---|---|
|
NGHC
1351
DELISTED
National General Holdings Corp
NGHC
| $22M | 0.01% |
928,042
+90,908
| +11% | +$2.24M |
|
1352
RH
RH
$3.71B
| $22M | 0.01% |
213,899
+9,821
| +5% | +$1.34M |
|
1353
iShares MSCI Taiwan ETF
EWT
$10.7B
| – | – |
0
| – | – |
|
1354
NMI Holdings
NMIH
$3.36B
| $21.8M | 0.01% |
844,231
+108,962
| +15% | +$2.48M |
|
|
NVTA
1355
DELISTED
Invitae Corporation
NVTA
| $21.8M | 0.01% |
930,672
+236,653
| +34% | +$4.17M |
|
1356
LCI Industries
LCII
$2.65B
| $21.8M | 0.01% |
283,250
+18,631
| +7% | +$1.47M |
|
1357
Atara Biotherapeutics
ATRA
$76.1M
| $21.7M | 0.01% |
21,836
+1,913
| +10% | +$1.78M |
|
|
IPHI
1358
DELISTED
INPHI CORPORATION
IPHI
| $21.7M | 0.01% |
495,848
+40,097
| +9% | +$1.6M |
|
1359
Designer Brands
DBI
$333M
| $21.7M | 0.01% |
975,531
+48,502
| +5% | +$1.27M |
|
1360
Carvana
CVNA
$77.9B
| $21.6M | 0.01% |
1,857,380
+179,980
| +11% | +$1.51M |
|
1361
Terex
TEX
$7.74B
| $21.5M | 0.01% |
670,587
+8,879
| +1% | +$282K |
|
|
TPH
1362
DELISTED
Tri Pointe Homes
TPH
| $21.5M | 0.01% |
1,702,962
+185,367
| +12% | +$2.36M |
|
|
ENDP
1363
DELISTED
Endo International plc
ENDP
| $21.4M | 0.01% |
2,666,043
+214,518
| +9% | +$2.02M |
|
1364
Inogen
INGN
$164M
| $21.4M | 0.01% |
224,312
+19,152
| +9% | +$2.39M |
|
1365
Compass Minerals
CMP
$1.15B
| $21.4M | 0.01% |
392,901
+31,763
| +9% | +$1.61M |
|
1366
News Corp Class B
NWS
$17.5B
| $21.3M | 0.01% |
1,710,701
+82,108
| +5% | +$1.05M |
|
1367
Arrowhead Research
ARWR
$12.4B
| $21.3M | 0.01% |
1,162,703
+166,245
| +17% | +$2.74M |
|
|
ALEX
1368
DELISTED
Alexander & Baldwin
ALEX
| $21.3M | 0.01% |
837,064
+68,093
| +9% | +$1.56M |
|
1369
Synaptics
SYNA
$4.15B
| $21.3M | 0.01% |
535,503
-2,754
| -0.5% | -$109K |
|
|
NVRO
1370
DELISTED
NEVRO CORP.
NVRO
| $21.3M | 0.01% |
340,454
+31,459
| +10% | +$1.48M |
|
1371
Banner Corp
BANR
$2.4B
| $21.3M | 0.01% |
392,730
+26,406
| +7% | +$1.5M |
|
1372
G-III Apparel Group
GIII
$1.5B
| $21.3M | 0.01% |
531,855
+40,297
| +8% | +$1.4M |
|
|
AXE
1373
DELISTED
Anixter International Inc
AXE
| $21.2M | 0.01% |
378,380
+18,254
| +5% | +$1.07M |
|
|
TRTN
1374
DELISTED
Triton International Limited
TRTN
| $21.2M | 0.01% |
681,817
+78,616
| +13% | +$2.62M |
|
|
GLUU
1375
DELISTED
Glu Mobile Inc.
GLUU
| $21.2M | 0.01% |
1,937,608
+253,647
| +15% | +$2.39M |
|
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.