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 | |
|---|---|---|---|---|---|---|
1851
HealthStream
HSTM
$840M
| $10.5M | ﹤0.01% |
372,610
+35,370
| +10% | +$929K |
|
|
GPMT
1852
Granite Point Mortgage Trust
GPMT
$61.2M
| $10.5M | ﹤0.01% |
562,924
+121,579
| +28% | +$2.3M |
|
1853
Cooper-Standard Automotive
CPS
$558M
| $10.5M | ﹤0.01% |
222,577
+18,350
| +9% | +$1.18M |
|
|
NCI
1854
DELISTED
Navigant Consulting, Inc.
NCI
| $10.4M | ﹤0.01% |
536,604
+21,186
| +4% | +$495K |
|
1855
1st Source
SRCE
$2.12B
| $10.4M | ﹤0.01% |
232,323
+9,549
| +4% | +$434K |
|
1856
ArcBest
ARCB
$3.08B
| $10.4M | ﹤0.01% |
337,758
+31,752
| +10% | +$1.15M |
|
1857
National Bank Holdings
NBHC
$1.9B
| $10.4M | ﹤0.01% |
312,577
+14,506
| +5% | +$486K |
|
1858
Kelly Services Class A
KELYA
$528M
| $10.4M | ﹤0.01% |
471,054
+31,326
| +7% | +$718K |
|
1859
National Beverage
FIZZ
$3.01B
| $10.4M | ﹤0.01% |
359,926
+20,748
| +6% | +$738K |
|
1860
Akebia Therapeutics
AKBA
$252M
| $10.4M | ﹤0.01% |
1,264,319
+252,775
| +25% | +$1.73M |
|
1861
Weibo
WB
$1.95B
| $10.3M | ﹤0.01% |
167,565
+16,429
| +11% | +$1.02M |
|
|
LGF.A
1862
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $10.3M | ﹤0.01% |
660,814
+67,913
| +11% | +$1.13M |
|
|
EBSB
1863
DELISTED
Meridian Bancorp, Inc.
EBSB
| $10.3M | ﹤0.01% |
657,100
+51,954
| +9% | +$815K |
|
|
CBAY
1864
DELISTED
Cymabay Therapeutics
CBAY
| $10.3M | ﹤0.01% |
776,080
+150,453
| +24% | +$1.6M |
|
1865
Fossil Group
FOSL
$318M
| $10.2M | ﹤0.01% |
746,630
-82,250
| -10% | -$1.31M |
|
|
AD
1866
Array Digital Infrastructure
AD
$3.05B
| $10.2M | ﹤0.01% |
222,503
+57,810
| +35% | +$3.02M |
|
|
EPZM
1867
DELISTED
Epizyme, Inc
EPZM
| $10.2M | ﹤0.01% |
819,955
+155,677
| +23% | +$1.74M |
|
|
RDUS
1868
DELISTED
Radius Health, Inc.
RDUS
| $10.1M | ﹤0.01% |
507,029
+49,966
| +11% | +$911K |
|
1869
Great Southern Bancorp
GSBC
$878M
| $10.1M | ﹤0.01% |
194,592
+15,135
| +8% | +$803K |
|
|
CARB
1870
DELISTED
Carbonite Inc
CARB
| $10.1M | ﹤0.01% |
406,616
+41,414
| +11% | +$1.06M |
|
|
RUTH
1871
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $10.1M | ﹤0.01% |
394,134
+27,596
| +8% | +$675K |
|
1872
Ovintiv
OVV
$16.4B
| $10.1M | ﹤0.01% |
280,241
+117,082
| +72% | +$4.01M |
|
1873
Douglas Dynamics
PLOW
$1.02B
| $10.1M | ﹤0.01% |
264,301
+25,246
| +11% | +$940K |
|
1874
ASML
ASML
$669B
| $10.1M | ﹤0.01% |
53,465
+353
| +0.7% | +$62.5K |
|
|
OSG
1875
Octave Specialty Group
OSG
$222M
| $10M | ﹤0.01% |
553,016
+55,544
| +11% | +$1.06M |
|
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.