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 | |
|---|---|---|---|---|---|---|
1626
FormFactor
FORM
$9.17B
| $14.6M | ﹤0.01% |
910,361
+72,254
| +9% | +$1.09M |
|
1627
Sunrun
RUN
$2.46B
| $14.6M | ﹤0.01% |
1,040,864
+84,150
| +9% | +$1.16M |
|
|
GTT
1628
DELISTED
GTT Communications, Inc.
GTT
| $14.6M | ﹤0.01% |
421,756
+30,248
| +8% | +$888K |
|
|
ANAT
1629
DELISTED
American National Group, Inc. Common Stock
ANAT
| $14.6M | ﹤0.01% |
120,975
+8,858
| +8% | +$1.22M |
|
1630
TFS Financial
TFSL
$4.93B
| $14.5M | ﹤0.01% |
881,122
+49,194
| +6% | +$822K |
|
1631
Matthews International
MATW
$739M
| $14.5M | ﹤0.01% |
392,278
+21,387
| +6% | +$871K |
|
|
BID
1632
DELISTED
Sotheby's
BID
| $14.5M | ﹤0.01% |
383,737
+10,999
| +3% | +$441K |
|
1633
Lakeland Financial Corp
LKFN
$1.53B
| $14.5M | ﹤0.01% |
320,311
+23,600
| +8% | +$1.08M |
|
1634
Brookdale Senior Living
BKD
$3.4B
| $14.5M | ﹤0.01% |
2,199,950
+200,884
| +10% | +$1.47M |
|
|
HAPN
1635
Happen Inc
HAPN
$2.24B
| $14.5M | ﹤0.01% |
936,444
+126,829
| +16% | +$1.96M |
|
|
TIVO
1636
DELISTED
Tivo Inc
TIVO
| $14.4M | ﹤0.01% |
1,540,064
+86,403
| +6% | +$895K |
|
1637
James River Group Holdings
JRVR
$217M
| $14.3M | ﹤0.01% |
357,860
+28,214
| +9% | +$1.11M |
|
1638
Independence Realty Trust
IRT
$4.07B
| $14.3M | ﹤0.01% |
1,328,959
+168,049
| +14% | +$1.73M |
|
1639
Puma Biotechnology
PBYI
$454M
| $14.3M | ﹤0.01% |
368,920
+33,051
| +10% | +$1.01M |
|
|
LNW
1640
DELISTED
Light & Wonder
LNW
| $14.3M | ﹤0.01% |
700,312
+58,697
| +9% | +$1.4M |
|
|
BRKL
1641
DELISTED
Brookline Bancorp
BRKL
| $14.3M | ﹤0.01% |
992,063
+50,365
| +5% | +$755K |
|
1642
Perdoceo Education
PRDO
$2.12B
| $14.3M | ﹤0.01% |
864,400
+61,147
| +8% | +$883K |
|
|
CRAY
1643
DELISTED
Cray, Inc.
CRAY
| $14.3M | ﹤0.01% |
547,329
+31,900
| +6% | +$742K |
|
|
TUP
1644
DELISTED
Tupperware Brands Corporation
TUP
| $14.3M | ﹤0.01% |
557,221
+34,965
| +7% | +$1.07M |
|
|
TERP
1645
DELISTED
TerraForm Power, Inc
TERP
| $14.2M | ﹤0.01% |
1,035,715
+76,862
| +8% | +$945K |
|
|
EBIX
1646
DELISTED
Ebix Inc
EBIX
| $14.2M | ﹤0.01% |
288,128
+22,500
| +8% | +$1.19M |
|
1647
AMERISAFE
AMSF
$540M
| $14.2M | ﹤0.01% |
239,395
+17,002
| +8% | +$1.01M |
|
|
HSII
1648
DELISTED
Heidrick & Struggles
HSII
| $14.2M | ﹤0.01% |
370,108
+20,398
| +6% | +$736K |
|
1649
Mercury Insurance
MCY
$6.07B
| $14.2M | ﹤0.01% |
283,124
+18,477
| +7% | +$959K |
|
1650
Virtu Financial
VIRT
$4.93B
| $14.2M | ﹤0.01% |
596,613
+39,313
| +7% | +$1.01M |
|
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.