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 | |
|---|---|---|---|---|---|---|
|
DMC
1901
Del Monte Corp
DMC
$1.45B
| $9.61M | ﹤0.01% |
355,411
+24,217
| +7% | +$713K |
|
1902
Agnico Eagle Mines
AEM
$90.5B
| $9.59M | ﹤0.01% |
222,396
+28,536
| +15% | +$1.21M |
|
1903
Stoneridge
SRI
$213M
| $9.58M | ﹤0.01% |
331,904
+21,716
| +7% | +$594K |
|
|
GG
1904
DELISTED
Goldcorp Inc
GG
| $9.57M | ﹤0.01% |
+843,595
| New | +$9.06M |
|
1905
Vericel Corp
VCEL
$2.31B
| $9.57M | ﹤0.01% |
546,750
+50,260
| +10% | +$919K |
|
|
DRNA
1906
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $9.57M | ﹤0.01% |
653,279
+98,322
| +18% | +$1.13M |
|
|
VRS
1907
DELISTED
Verso Corporation
VRS
| $9.57M | ﹤0.01% |
446,687
-52,023
| -10% | -$1.2M |
|
1908
PJT Partners
PJT
$4.38B
| $9.56M | ﹤0.01% |
228,731
+14,582
| +7% | +$625K |
|
|
TRST
1909
Trustco Bank Corp NY
TRST
$938M
| $9.55M | ﹤0.01% |
246,160
+26,544
| +12% | +$1.05M |
|
1910
Enphase Energy
ENPH
$5.53B
| $9.54M | ﹤0.01% |
1,034,120
+137,948
| +15% | +$1.05M |
|
1911
Stock Yards Bancorp
SYBT
$2.6B
| $9.54M | ﹤0.01% |
282,164
+16,436
| +6% | +$574K |
|
1912
Hamilton Lane
HLNE
$5.57B
| $9.53M | ﹤0.01% |
218,668
+21,614
| +11% | +$891K |
|
1913
AMC Entertainment Holdings
AMC
$2.31B
| $9.51M | ﹤0.01% |
64,053
+8,451
| +15% | +$1.2M |
|
1914
Coherus Oncology
CHRS
$196M
| $9.51M | ﹤0.01% |
696,985
+66,510
| +11% | +$887K |
|
|
APLS
1915
DELISTED
Apellis Pharmaceuticals
APLS
| $9.5M | ﹤0.01% |
487,432
+65,583
| +16% | +$1.03M |
|
1916
Golar LNG
GLNG
$5.13B
| $9.5M | ﹤0.01% |
450,674
+49,335
| +12% | +$1.09M |
|
1917
Champion Homes
SKY
$5.14B
| $9.5M | ﹤0.01% |
500,110
+124,429
| +33% | +$2.28M |
|
|
HMHC
1918
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $9.48M | ﹤0.01% |
1,304,710
+84,140
| +7% | +$756K |
|
1919
Vodafone
VOD
$37.4B
| $9.48M | ﹤0.01% |
521,608
+150,660
| +41% | +$2.79M |
|
1920
Coeur Mining
CDE
$17.9B
| $9.46M | ﹤0.01% |
2,319,905
+219,583
| +10% | +$1.06M |
|
1921
Boot Barn
BOOT
$4.95B
| $9.45M | ﹤0.01% |
321,148
+31,629
| +11% | +$798K |
|
|
UBNK
1922
DELISTED
United Financial Bancorp, Inc.
UBNK
| $9.45M | ﹤0.01% |
658,543
+63,534
| +11% | +$961K |
|
1923
Acushnet Holdings
GOLF
$5.45B
| $9.44M | ﹤0.01% |
407,996
+34,692
| +9% | +$812K |
|
1924
Icahn Enterprises
IEP
$5.3B
| $9.4M | ﹤0.01% |
129,634
+4,440
| +4% | +$310K |
|
1925
Sanofi
SNY
$104B
| $9.38M | ﹤0.01% |
211,733
+155,143
| +274% | +$6.65M |
|
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.