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 | |
|---|---|---|---|---|---|---|
1651
Adeia
ADEA
$3.11B
| $14.1M | ﹤0.01% |
2,278,391
+128,913
| +6% | +$758K |
|
1652
Laureate Education
LAUR
$5.28B
| $14.1M | ﹤0.01% |
942,226
+67,544
| +8% | +$1.02M |
|
1653
Group 1 Automotive
GPI
$3.18B
| $14.1M | ﹤0.01% |
217,789
+13,680
| +7% | +$831K |
|
|
SRCI
1654
DELISTED
SRC Energy Inc
SRCI
| $14.1M | ﹤0.01% |
2,751,667
+256,544
| +10% | +$1.26M |
|
|
GCI
1655
DELISTED
Gannett Co., Inc
GCI
| $14.1M | ﹤0.01% |
1,335,610
+145,077
| +12% | +$1.57M |
|
1656
Scansource
SCSC
$1.12B
| $14.1M | ﹤0.01% |
392,561
+30,344
| +8% | +$1.13M |
|
|
MNR
1657
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $14M | ﹤0.01% |
1,065,301
+118,743
| +13% | +$1.58M |
|
|
RPT
1658
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $14M | ﹤0.01% |
1,166,807
+104,828
| +10% | +$1.3M |
|
1659
Iovance Biotherapeutics
IOVA
$2.87B
| $14M | ﹤0.01% |
1,473,408
+128,706
| +10% | +$1.25M |
|
1660
Universal Insurance Holdings
UVE
$1.23B
| $14M | ﹤0.01% |
451,459
+18,067
| +4% | +$648K |
|
1661
First Busey Corp
BUSE
$2.56B
| $14M | ﹤0.01% |
572,730
+65,446
| +13% | +$1.7M |
|
1662
LGI Homes
LGIH
$1.4B
| $14M | ﹤0.01% |
231,848
+16,517
| +8% | +$957K |
|
1663
SolarEdge
SEDG
$1.95B
| $14M | ﹤0.01% |
370,305
+31,325
| +9% | +$1.25M |
|
|
CRC
1664
DELISTED
California Resources Corporation
CRC
| $13.9M | ﹤0.01% |
542,028
+53,975
| +11% | +$1.17M |
|
|
SASR
1665
DELISTED
Sandy Spring Bancorp Inc
SASR
| $13.9M | ﹤0.01% |
444,972
+41,147
| +10% | +$1.36M |
|
1666
Materion
MTRN
$6.04B
| $13.9M | ﹤0.01% |
243,702
+30,191
| +14% | +$1.57M |
|
1667
Enova International
ENVA
$6.29B
| $13.9M | ﹤0.01% |
609,254
+16,723
| +3% | +$394K |
|
1668
Clearway Energy Class C
CWEN
$6.7B
| $13.9M | ﹤0.01% |
919,878
+109,518
| +14% | +$1.64M |
|
1669
Fate Therapeutics
FATE
$326M
| $13.9M | ﹤0.01% |
790,871
+88,692
| +13% | +$1.4M |
|
|
HOUS
1670
DELISTED
Anywhere Real Estate
HOUS
| $13.9M | ﹤0.01% |
1,215,855
+66,797
| +6% | +$1.03M |
|
1671
Simply Good Foods
SMPL
$982M
| $13.8M | ﹤0.01% |
670,812
+74,903
| +13% | +$1.5M |
|
|
LGF.B
1672
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $13.8M | ﹤0.01% |
914,638
-30,700
| -3% | -$482K |
|
1673
JELD-WEN Holding
JELD
$164M
| $13.8M | ﹤0.01% |
781,419
+57,601
| +8% | +$1.04M |
|
1674
Scholastic
SCHL
$792M
| $13.8M | ﹤0.01% |
346,755
+22,644
| +7% | +$934K |
|
1675
Piper Sandler
PIPR
$5.29B
| $13.7M | ﹤0.01% |
754,824
-23,904
| -3% | -$424K |
|
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.