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 | |
|---|---|---|---|---|---|---|
2126
Unisys
UIS
$217M
| $6.78M | ﹤0.01% |
581,289
+63,796
| +12% | +$823K |
|
2127
RPC Inc
RES
$1.3B
| $6.77M | ﹤0.01% |
593,579
+30,038
| +5% | +$321K |
|
|
RESI
2128
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $6.76M | ﹤0.01% |
729,757
+48,082
| +7% | +$502K |
|
2129
Alaunos Therapeutics
TCRT
$4.86M
| $6.76M | ﹤0.01% |
11,712
+1,365
| +13% | +$571K |
|
2130
Flex
FLEX
$44.8B
| $6.76M | ﹤0.01% |
902,590
-26,525
| -3% | -$190K |
|
|
ALLK
2131
DELISTED
Allakos
ALLK
| $6.72M | ﹤0.01% |
165,979
+42,938
| +35% | +$1.74M |
|
2132
Monarch Casino & Resort
MCRI
$2.23B
| $6.72M | ﹤0.01% |
153,024
+16,008
| +12% | +$687K |
|
|
CPLG
2133
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $6.72M | ﹤0.01% |
601,512
+52,939
| +10% | +$683K |
|
|
CRCM
2134
DELISTED
CARE.COM, INC.
CRCM
| $6.71M | ﹤0.01% |
339,868
+42,607
| +14% | +$957K |
|
2135
Bank of Marin Bancorp
BMRC
$459M
| $6.71M | ﹤0.01% |
164,883
+16,337
| +11% | +$695K |
|
|
MGY.WS
2136
DELISTED
Magnolia Oil & Gas Corporation
MGY.WS
| $6.7M | ﹤0.01% |
1,976,600
-290,000
| -13% | -$1.01M |
|
2137
Viking Therapeutics
VKTX
$4B
| $6.69M | ﹤0.01% |
673,320
+78,810
| +13% | +$660K |
|
|
PRMW
2138
DELISTED
Primo Water Corporation
PRMW
| $6.69M | ﹤0.01% |
432,918
+56,534
| +15% | +$815K |
|
2139
American Public Education
APEI
$940M
| $6.68M | ﹤0.01% |
221,759
+21,106
| +11% | +$651K |
|
2140
Manitowoc
MTW
$675M
| $6.67M | ﹤0.01% |
406,685
+29,874
| +8% | +$497K |
|
2141
Stratasys
SSYS
$774M
| $6.67M | ﹤0.01% |
280,051
+15,360
| +6% | +$370K |
|
2142
QuinStreet
QNST
$1.21B
| $6.66M | ﹤0.01% |
497,591
+43,601
| +10% | +$676K |
|
|
AGS
2143
DELISTED
PlayAGS
AGS
| $6.66M | ﹤0.01% |
278,363
+26,176
| +10% | +$646K |
|
2144
Vicor
VICR
$10.2B
| $6.65M | ﹤0.01% |
214,532
+24,645
| +13% | +$909K |
|
2145
Prothena Corp
PRTA
$450M
| $6.62M | ﹤0.01% |
545,923
+53,115
| +11% | +$663K |
|
|
TPIC
2146
DELISTED
TPI Composites
TPIC
| $6.61M | ﹤0.01% |
231,076
+19,672
| +9% | +$583K |
|
|
RVI
2147
DELISTED
Retail Value Inc. Common Shares
RVI
| $6.58M | ﹤0.01% |
2,300,683
+271,369
| +13% | +$762K |
|
2148
Northern Oil and Gas
NOG
$2.35B
| $6.58M | ﹤0.01% |
240,193
+24,039
| +11% | +$601K |
|
|
FLIC
2149
DELISTED
First of Long Island Corp
FLIC
| $6.58M | ﹤0.01% |
299,896
+31,138
| +12% | +$681K |
|
|
PVTL
2150
DELISTED
Pivotal Software, Inc.
PVTL
| $6.57M | ﹤0.01% |
315,088
+34,386
| +12% | +$672K |
|
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.