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 | |
|---|---|---|---|---|---|---|
|
I
2076
DELISTED
INTELSAT S. A.
I
| $7.46M | ﹤0.01% |
476,218
+163,872
| +52% | +$3.48M |
|
2077
Forrester Research
FORR
$224M
| $7.46M | ﹤0.01% |
154,242
+16,868
| +12% | +$786K |
|
|
DCOM
2078
DELISTED
Dime Community Bancshares
DCOM
| $7.44M | ﹤0.01% |
397,298
+29,959
| +8% | +$576K |
|
2079
Center Bancorp
CNOB
$1.78B
| $7.39M | ﹤0.01% |
375,407
+27,652
| +8% | +$566K |
|
|
AUD
2080
DELISTED
Audacy, Inc.
AUD
| $7.34M | ﹤0.01% |
1,397,355
+110,024
| +9% | +$728K |
|
|
RFP
2081
DELISTED
Resolute Forest Products Inc.
RFP
| $7.32M | ﹤0.01% |
926,087
+142,485
| +18% | +$1.19M |
|
|
TDAY
2082
USA Today Co
TDAY
$1.06B
| $7.31M | ﹤0.01% |
696,083
+67,008
| +11% | +$859K |
|
|
EIGI
2083
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $7.31M | ﹤0.01% |
1,008,016
+76,947
| +8% | +$561K |
|
2084
America's Car Mart
CRMT
$26.9M
| $7.28M | ﹤0.01% |
79,709
+9,736
| +14% | +$757K |
|
|
CONN
2085
DELISTED
Conn's Inc.
CONN
| $7.26M | ﹤0.01% |
317,714
+20,300
| +7% | +$438K |
|
|
MAGN
2086
Magnera Corp
MAGN
$460M
| $7.25M | ﹤0.01% |
39,522
+3,310
| +9% | +$558K |
|
|
APTS
2087
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $7.25M | ﹤0.01% |
489,159
+37,237
| +8% | +$586K |
|
2088
Quanex
NX
$1.01B
| $7.24M | ﹤0.01% |
455,643
+79,751
| +21% | +$1.27M |
|
2089
Liberty Energy
LBRT
$3.25B
| $7.23M | ﹤0.01% |
469,804
+53,076
| +13% | +$813K |
|
2090
Cohu
COHU
$2.5B
| $7.21M | ﹤0.01% |
489,211
+33,758
| +7% | +$575K |
|
2091
CEVA Inc
CEVA
$1.08B
| $7.21M | ﹤0.01% |
267,391
+21,457
| +9% | +$583K |
|
|
AEGN
2092
DELISTED
Aegion Corp
AEGN
| $7.21M | ﹤0.01% |
410,185
+36,152
| +10% | +$656K |
|
|
WFT
2093
DELISTED
Weatherford International plc
WFT
| $7.19M | ﹤0.01% |
10,295,440
+935,454
| +10% | +$647K |
|
2094
Haverty Furniture Companies
HVT
$454M
| $7.17M | ﹤0.01% |
327,966
+75,977
| +30% | +$1.64M |
|
2095
Gates Industrial Corporation Ltd.
GTES
$7.15B
| $7.17M | ﹤0.01% |
499,942
+42,038
| +9% | +$634K |
|
2096
National Presto Industries
NPK
$989M
| $7.17M | ﹤0.01% |
66,049
+7,079
| +12% | +$824K |
|
|
ROCC
2097
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $7.16M | ﹤0.01% |
162,346
+16,781
| +12% | +$898K |
|
2098
Vipshop
VIPS
$7.53B
| $7.13M | ﹤0.01% |
894,035
+50,321
| +6% | +$356K |
|
2099
Regis Corp
RGS
$70.2M
| $7.12M | ﹤0.01% |
18,104
+442
| +3% | +$164K |
|
2100
MYR Group
MYRG
$5.25B
| $7.1M | ﹤0.01% |
205,093
+23,914
| +13% | +$778K |
|
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.