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 | |
|---|---|---|---|---|---|---|
1676
OceanFirst Financial
OCFC
$1.91B
| $13.7M | ﹤0.01% |
570,946
+36,845
| +7% | +$895K |
|
1677
3D Systems Corp
DDD
$613M
| $13.7M | ﹤0.01% |
1,275,826
+114,845
| +10% | +$1.36M |
|
|
SPPI
1678
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $13.7M | ﹤0.01% |
1,277,261
+121,142
| +10% | +$1.3M |
|
|
TELL
1679
DELISTED
Tellurian Inc.
TELL
| $13.6M | ﹤0.01% |
1,213,236
+89,355
| +8% | +$840K |
|
|
FSCT
1680
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $13.6M | ﹤0.01% |
323,802
+39,444
| +14% | +$1.41M |
|
|
CLDT
1681
Chatham Lodging
CLDT
$586M
| $13.6M | ﹤0.01% |
704,902
+82,828
| +13% | +$1.63M |
|
1682
Southside Bancshares
SBSI
$967M
| $13.5M | ﹤0.01% |
407,729
+18,191
| +5% | +$617K |
|
1683
Amneal Pharmaceuticals
AMRX
$5.79B
| $13.5M | ﹤0.01% |
953,580
+63,600
| +7% | +$841K |
|
1684
Upbound Group
UPBD
$1.16B
| $13.5M | ﹤0.01% |
646,759
+54,309
| +9% | +$1M |
|
1685
Central Garden & Pet Co Class A
CENTA
$2.44B
| $13.5M | ﹤0.01% |
725,246
+34,406
| +5% | +$827K |
|
1686
Cavco Industries
CVCO
$4.55B
| $13.4M | ﹤0.01% |
114,246
+11,501
| +11% | +$1.57M |
|
1687
Dillards
DDS
$9.56B
| $13.4M | ﹤0.01% |
185,784
+8,455
| +5% | +$581K |
|
1688
TriCo Bancshares
TCBK
$1.83B
| $13.4M | ﹤0.01% |
340,103
+26,856
| +9% | +$1.01M |
|
|
GTY
1689
Getty Realty Corp
GTY
$2.07B
| $13.3M | ﹤0.01% |
416,182
+56,071
| +16% | +$1.79M |
|
1690
Autohome
ATHM
$2.62B
| $13.3M | ﹤0.01% |
127,608
+9,491
| +8% | +$782K |
|
1691
Atlanta Braves Holdings Series B
BATRK
$3.21B
| $13.3M | ﹤0.01% |
479,155
+77,967
| +19% | +$2.14M |
|
1692
Editas Medicine
EDIT
$442M
| $13.3M | ﹤0.01% |
543,598
+38,483
| +8% | +$871K |
|
|
BBT
1693
Beacon Financial Corp
BBT
$2.66B
| $13.3M | ﹤0.01% |
487,795
+52,813
| +12% | +$1.53M |
|
|
PRSU
1694
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $13.3M | ﹤0.01% |
235,952
+17,718
| +8% | +$959K |
|
|
ADAM
1695
Adamas Trust
ADAM
$883M
| $13.3M | ﹤0.01% |
545,123
+121,570
| +29% | +$2.99M |
|
|
TVTY
1696
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $13.3M | ﹤0.01% |
755,870
+69,201
| +10% | +$1.47M |
|
|
VBTX
1697
DELISTED
Veritex Holdings
VBTX
| $13.2M | ﹤0.01% |
546,721
+98,124
| +22% | +$2.48M |
|
|
ISCA
1698
DELISTED
International Speedway Corp
ISCA
| $13.2M | ﹤0.01% |
303,485
+22,059
| +8% | +$960K |
|
|
DLPH
1699
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $13.2M | ﹤0.01% |
687,417
+55,283
| +9% | +$1.02M |
|
1700
CNA Financial
CNA
$14.1B
| $13.2M | ﹤0.01% |
305,009
+40,453
| +15% | +$1.79M |
|
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.