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 | |
|---|---|---|---|---|---|---|
1601
Kearny Financial
KRNY
$599M
| $15.2M | ﹤0.01% |
1,177,522
+55,155
| +5% | +$724K |
|
1602
PRA Group
PRAA
$755M
| $15.2M | ﹤0.01% |
565,114
+47,511
| +9% | +$1.37M |
|
1603
CareDx
CDNA
$2.42B
| $15.1M | ﹤0.01% |
480,371
+80,703
| +20% | +$2.35M |
|
1604
Enpro
NPO
$7.05B
| $15.1M | ﹤0.01% |
234,139
+12,825
| +6% | +$846K |
|
1605
Kosmos Energy
KOS
$1.48B
| $15.1M | ﹤0.01% |
2,421,569
+87,315
| +4% | +$484K |
|
1606
Employers Holdings
EIG
$889M
| $15.1M | ﹤0.01% |
375,877
+26,697
| +8% | +$1.13M |
|
1607
ePlus
PLUS
$2.34B
| $15.1M | ﹤0.01% |
340,532
+31,154
| +10% | +$1.29M |
|
|
VNE
1608
DELISTED
Veoneer, Inc.
VNE
| $15.1M | ﹤0.01% |
659,140
+46,002
| +8% | +$1.28M |
|
|
AAWW
1609
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $15.1M | ﹤0.01% |
298,037
+18,068
| +6% | +$914K |
|
1610
Arcosa
ACA
$7.11B
| $15M | ﹤0.01% |
492,055
+30,350
| +7% | +$927K |
|
1611
NETGEAR
NTGR
$635M
| $15M | ﹤0.01% |
453,703
+99,820
| +28% | +$3.62M |
|
|
CBM
1612
DELISTED
Cambrex Corporation
CBM
| $15M | ﹤0.01% |
385,814
+32,803
| +9% | +$1.34M |
|
|
EGOV
1613
DELISTED
NIC Inc
EGOV
| $15M | ﹤0.01% |
876,311
+92,993
| +12% | +$1.47M |
|
|
PPBI
1614
DELISTED
Pacific Premier Bancorp
PPBI
| $15M | ﹤0.01% |
564,430
+40,390
| +8% | +$1.15M |
|
1615
Mercado Libre
MELI
$92.3B
| $14.9M | ﹤0.01% |
29,721
+707
| +2% | +$282K |
|
|
TEN
1616
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $14.9M | ﹤0.01% |
671,561
-27,130
| -4% | -$856K |
|
|
AMWD
1617
DELISTED
American Woodmark
AMWD
| $14.9M | ﹤0.01% |
179,868
+8,387
| +5% | +$627K |
|
|
FG
1618
DELISTED
FGL Holdings Ordinary Shares
FG
| $14.8M | ﹤0.01% |
1,885,170
+55,419
| +3% | +$440K |
|
1619
Oxford Industries
OXM
$552M
| $14.8M | ﹤0.01% |
196,707
+20,631
| +12% | +$1.59M |
|
|
VIVO
1620
DELISTED
Meridian Bioscience Inc
VIVO
| $14.8M | ﹤0.01% |
839,921
+20,726
| +3% | +$345K |
|
1621
Corcept Therapeutics
CORT
$12B
| $14.8M | ﹤0.01% |
1,259,569
+84,535
| +7% | +$1.05M |
|
|
ALX
1622
Alexander's
ALX
$1.41B
| $14.7M | ﹤0.01% |
39,162
+3,822
| +11% | +$1.34M |
|
1623
Freshpet
FRPT
$3.22B
| $14.7M | ﹤0.01% |
346,932
+62,262
| +22% | +$2.4M |
|
1624
TTM Technologies
TTMI
$14.5B
| $14.7M | ﹤0.01% |
1,249,782
-136,197
| -10% | -$1.56M |
|
1625
CorVel
CRVL
$3.19B
| $14.7M | ﹤0.01% |
673,938
+70,839
| +12% | +$1.51M |
|
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.