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 | |
|---|---|---|---|---|---|---|
1401
Mueller Industries
MLI
$15.2B
| $20.5M | 0.01% |
2,620,304
+194,172
| +8% | +$1.43M |
|
|
AVYA
1402
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $20.5M | 0.01% |
1,219,785
+123,030
| +11% | +$1.93M |
|
|
OPTU
1403
Optimum Communications Inc
OPTU
$301M
| $20.5M | 0.01% |
956,505
+60,097
| +7% | +$1.22M |
|
1404
Stride
LRN
$3.43B
| $20.5M | 0.01% |
600,433
+32,256
| +6% | +$984K |
|
1405
Visteon
VC
$2.78B
| $20.5M | 0.01% |
304,272
+9,121
| +3% | +$686K |
|
|
LTHM
1406
DELISTED
Livent Corporation
LTHM
| $20.4M | 0.01% |
1,661,246
+1,390,391
| +513% | +$18.1M |
|
1407
Enanta Pharmaceuticals
ENTA
$400M
| $20.3M | 0.01% |
212,443
+13,741
| +7% | +$1.23M |
|
1408
Children's Place
PLCE
$59.8M
| $20.3M | 0.01% |
208,268
+10,847
| +5% | +$989K |
|
|
BHVN
1409
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $20.3M | 0.01% |
393,586
+39,939
| +11% | +$1.73M |
|
1410
ESCO Technologies
ESE
$7.92B
| $20.2M | 0.01% |
301,449
+28,443
| +10% | +$1.9M |
|
1411
AnaptysBio
ANAB
$1.68B
| $20.2M | 0.01% |
276,278
+22,520
| +9% | +$1.55M |
|
1412
Signet Jewelers
SIG
$3.76B
| $20.1M | 0.01% |
741,711
+46,592
| +7% | +$1.28M |
|
1413
NBT Bancorp
NBTB
$2.74B
| $20.1M | 0.01% |
557,824
+35,256
| +7% | +$1.3M |
|
|
SUM
1414
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $20.1M | 0.01% |
1,287,091
+113,650
| +10% | +$1.78M |
|
|
CPE
1415
DELISTED
Callon Petroleum Company
CPE
| $20M | 0.01% |
265,277
+22,054
| +9% | +$1.71M |
|
1416
Badger Meter
BMI
$4.03B
| $20M | 0.01% |
359,817
+21,484
| +6% | +$1.19M |
|
|
KAMN
1417
DELISTED
Kaman Corp
KAMN
| $20M | 0.01% |
342,510
+31,308
| +10% | +$1.84M |
|
1418
Kite Realty
KRG
$5.36B
| $20M | 0.01% |
1,251,707
+105,891
| +9% | +$1.68M |
|
1419
Heron Therapeutics
HRTX
$92.9M
| $19.9M | 0.01% |
815,228
+63,978
| +9% | +$1.67M |
|
|
SEM
1420
DELISTED
Select Medical
SEM
| $19.8M | 0.01% |
2,614,371
+168,247
| +7% | +$1.35M |
|
1421
Itron
ITRI
$4.54B
| $19.8M | 0.01% |
425,361
+34,536
| +9% | +$1.83M |
|
1422
Eagle Bancorp
EGBN
$845M
| $19.8M | 0.01% |
394,724
+35,493
| +10% | +$1.94M |
|
|
SNBR
1423
DELISTED
Sleep Number
SNBR
| $19.7M | 0.01% |
420,073
+3,790
| +0.9% | +$153K |
|
|
PINC
1424
DELISTED
Premier
PINC
| $19.7M | 0.01% |
571,945
+39,600
| +7% | +$1.46M |
|
|
NAVG
1425
DELISTED
Navigators Group Inc
NAVG
| $19.7M | 0.01% |
281,793
+9,658
| +4% | +$674K |
|
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.