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 | |
|---|---|---|---|---|---|---|
|
FSP
1801
Franklin Street Properties
FSP
$46.8M
| $11.3M | ﹤0.01% |
1,573,217
+155,218
| +11% | +$1.11M |
|
1802
The RMR Group
RMR
$332M
| $11.3M | ﹤0.01% |
185,463
+729
| +0.4% | +$48K |
|
|
BRSS
1803
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $11.3M | ﹤0.01% |
328,365
+19,087
| +6% | +$592K |
|
|
KEM
1804
DELISTED
KEMET Corporation
KEM
| $11.3M | ﹤0.01% |
665,501
+69,127
| +12% | +$1.27M |
|
1805
Tactile Systems Technology
TCMD
$665M
| $11.3M | ﹤0.01% |
213,919
+18,321
| +9% | +$1.18M |
|
1806
Marcus & Millichap
MMI
$1.19B
| $11.3M | ﹤0.01% |
276,658
+49,570
| +22% | +$1.9M |
|
1807
Kadant
KAI
$3.99B
| $11.2M | ﹤0.01% |
127,891
+8,567
| +7% | +$737K |
|
|
TYPE
1808
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $11.2M | ﹤0.01% |
563,572
+85,032
| +18% | +$1.53M |
|
1809
Veracyte
VCYT
$3.8B
| $11.2M | ﹤0.01% |
446,684
+55,547
| +14% | +$1.06M |
|
1810
Alamo Group
ALG
$2.05B
| $11.2M | ﹤0.01% |
111,636
+9,219
| +9% | +$831K |
|
|
INOV
1811
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $11.1M | ﹤0.01% |
896,713
+87,942
| +11% | +$1.19M |
|
1812
Upwork
UPWK
$1.19B
| $11.1M | ﹤0.01% |
581,801
+8,466
| +1% | +$174K |
|
1813
StoneX
SNEX
$7.94B
| $11.1M | ﹤0.01% |
1,447,237
+64,815
| +5% | +$512K |
|
|
PRFT
1814
DELISTED
Perficient Inc
PRFT
| $11.1M | ﹤0.01% |
404,499
+41,594
| +11% | +$1.1M |
|
1815
iQIYI
IQ
$1.28B
| $11.1M | ﹤0.01% |
464,792
+348,624
| +300% | +$7.7M |
|
1816
Shutterstock
SSTK
$219M
| $11.1M | ﹤0.01% |
237,361
+30,149
| +15% | +$1.27M |
|
|
AIMT
1817
DELISTED
Aimmune Therapeutics
AIMT
| $11M | ﹤0.01% |
494,010
+21,785
| +5% | +$513K |
|
1818
Andersons Inc
ANDE
$2.22B
| $11M | ﹤0.01% |
342,149
+42,219
| +14% | +$1.46M |
|
|
JOYY
1819
JOYY Inc
JOYY
$3.75B
| $11M | ﹤0.01% |
131,806
+4,366
| +3% | +$317K |
|
|
VCRA
1820
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $11M | ﹤0.01% |
347,767
+24,784
| +8% | +$879K |
|
|
SRDX
1821
DELISTED
Surmodics
SRDX
| $11M | ﹤0.01% |
252,432
+20,550
| +9% | +$1.05M |
|
|
FBC
1822
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $11M | ﹤0.01% |
332,862
+17,747
| +6% | +$556K |
|
1823
Standex International
SXI
$4.12B
| $10.9M | ﹤0.01% |
149,185
+13,484
| +10% | +$1.02M |
|
|
CSW
1824
CSW Industrials
CSW
$5.71B
| $10.9M | ﹤0.01% |
191,064
+8,124
| +4% | +$439K |
|
|
CJ
1825
DELISTED
C&J Energy Services, Inc.
CJ
| $10.9M | ﹤0.01% |
704,242
+37,970
| +6% | +$612K |
|
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.