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 | |
|---|---|---|---|---|---|---|
|
SP
1826
DELISTED
SP Plus Corporation
SP
| $10.9M | ﹤0.01% |
319,474
+23,513
| +8% | +$795K |
|
|
DNR
1827
DELISTED
Denbury Resources, Inc.
DNR
| $10.9M | ﹤0.01% |
5,312,706
+516,721
| +11% | +$1.03M |
|
|
CBPX
1828
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $10.9M | ﹤0.01% |
439,010
+42,578
| +11% | +$1.12M |
|
1829
Pinduoduo
PDD
$131B
| $10.9M | ﹤0.01% |
440,482
+382,652
| +662% | +$10.3M |
|
1830
Resources Connection
RGP
$145M
| $10.8M | ﹤0.01% |
654,564
+949
| +0.1% | +$15.9K |
|
|
TGI
1831
DELISTED
Triumph Group
TGI
| $10.8M | ﹤0.01% |
565,747
+49,041
| +9% | +$924K |
|
1832
BioCryst Pharmaceuticals
BCRX
$2.4B
| $10.8M | ﹤0.01% |
1,324,509
+96,746
| +8% | +$828K |
|
|
HTZ
1833
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $10.7M | ﹤0.01% |
711,641
+54,391
| +8% | +$791K |
|
|
KBAL
1834
DELISTED
Kimball International
KBAL
| $10.7M | ﹤0.01% |
758,706
+47,223
| +7% | +$708K |
|
1835
Herc Holdings
HRI
$5.61B
| $10.7M | ﹤0.01% |
274,970
-1,847
| -0.7% | -$69.8K |
|
1836
Arbor Realty Trust
ABR
$998M
| $10.7M | ﹤0.01% |
822,852
+73,154
| +10% | +$888K |
|
1837
Winnebago Industries
WGO
$909M
| $10.6M | ﹤0.01% |
341,417
+29,023
| +9% | +$871K |
|
1838
Astec Industries
ASTE
$1.02B
| $10.6M | ﹤0.01% |
280,911
+18,172
| +7% | +$680K |
|
1839
WisdomTree
WT
$3.22B
| $10.6M | ﹤0.01% |
1,498,149
+149,624
| +11% | +$1.03M |
|
|
FOCS
1840
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $10.6M | ﹤0.01% |
296,742
+75,066
| +34% | +$2.37M |
|
1841
Columbia Financial
CLBK
$1.13B
| $10.6M | ﹤0.01% |
674,032
+45,585
| +7% | +$708K |
|
1842
Extreme Networks
EXTR
$3.15B
| $10.6M | ﹤0.01% |
1,409,645
+99,244
| +8% | +$724K |
|
|
CTWS
1843
DELISTED
Connecticut Water Service Inc
CTWS
| $10.5M | ﹤0.01% |
153,603
+6,952
| +5% | +$468K |
|
1844
RadNet
RDNT
$5.69B
| $10.5M | ﹤0.01% |
850,391
+58,572
| +7% | +$769K |
|
|
WW
1845
DELISTED
WW International
WW
| $10.5M | ﹤0.01% |
522,465
+47,799
| +10% | +$1.32M |
|
1846
Natera
NTRA
$46.4B
| $10.5M | ﹤0.01% |
509,725
+46,696
| +10% | +$732K |
|
|
TRTX
1847
TPG RE Finance Trust
TRTX
$618M
| $10.5M | ﹤0.01% |
536,036
+84,755
| +19% | +$1.67M |
|
|
NTUS
1848
DELISTED
Natus Medical Inc
NTUS
| $10.5M | ﹤0.01% |
413,888
+18,557
| +5% | +$554K |
|
1849
Wheaton Precious Metals
WPM
$60.9B
| $10.5M | ﹤0.01% |
437,904
+54,545
| +14% | +$1.16M |
|
1850
Cerus
CERS
$474M
| $10.5M | ﹤0.01% |
1,679,594
+163,502
| +11% | +$993K |
|
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.