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 | |
|---|---|---|---|---|---|---|
|
SRNE
2176
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $6.32M | ﹤0.01% |
1,330,747
+279,867
| +27% | +$734K |
|
2177
Customers Bancorp
CUBI
$2.77B
| $6.32M | ﹤0.01% |
345,199
+44,770
| +15% | +$893K |
|
|
DHIL
2178
DELISTED
Diamond Hill
DHIL
| $6.31M | ﹤0.01% |
45,110
+4,454
| +11% | +$660K |
|
|
MEET
2179
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.29M | ﹤0.01% |
1,249,625
+217,244
| +21% | +$1.21M |
|
|
PEI
2180
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $6.28M | ﹤0.01% |
66,527
+6,929
| +12% | +$685K |
|
|
PETQ
2181
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $6.27M | ﹤0.01% |
199,561
+24,182
| +14% | +$682K |
|
2182
Team
TISI
$77.7M
| $6.26M | ﹤0.01% |
35,793
+4,340
| +14% | +$687K |
|
|
AHT
2183
Ashford Hospitality Trust
AHT
$21M
| $6.23M | ﹤0.01% |
1,327
+70
| +6% | +$338K |
|
2184
1-800-Flowers.com
FLWS
$258M
| $6.22M | ﹤0.01% |
340,983
+9,223
| +3% | +$148K |
|
|
BRY
2185
DELISTED
Berry Corp
BRY
| $6.21M | ﹤0.01% |
538,592
+309,765
| +135% | +$3.52M |
|
2186
Ichor Holdings
ICHR
$2.56B
| $6.21M | ﹤0.01% |
275,239
+11,773
| +4% | +$240K |
|
2187
Kura Oncology
KURA
$850M
| $6.2M | ﹤0.01% |
373,784
+19,774
| +6% | +$305K |
|
2188
PetMed Express
PETS
$42.3M
| $6.2M | ﹤0.01% |
272,222
+30,410
| +13% | +$686K |
|
|
TSG
2189
DELISTED
The Stars Group Inc.
TSG
| $6.19M | ﹤0.01% |
355,598
+25,403
| +8% | +$437K |
|
2190
Universal Electronics
UEIC
$61.3M
| $6.16M | ﹤0.01% |
165,876
+7,502
| +5% | +$230K |
|
|
DERM
2191
DELISTED
Dermira, Inc.
DERM
| $6.16M | ﹤0.01% |
454,772
+62,288
| +16% | +$519K |
|
2192
First Financial Corp
THFF
$969M
| $6.13M | ﹤0.01% |
145,968
+13,337
| +10% | +$566K |
|
|
AMAG
2193
DELISTED
AMAG Pharmaceuticals
AMAG
| $6.12M | ﹤0.01% |
475,087
+40,282
| +9% | +$600K |
|
|
EXTN
2194
DELISTED
Exterran Corporation
EXTN
| $6.11M | ﹤0.01% |
362,548
+30,214
| +9% | +$538K |
|
2195
NVE Corp
NVEC
$609M
| $6.09M | ﹤0.01% |
62,205
+3,810
| +7% | +$368K |
|
|
TSC
2196
DELISTED
TriState Capital Holdings, Inc.
TSC
| $6.08M | ﹤0.01% |
297,783
+22,443
| +8% | +$476K |
|
2197
Voyager Therapeutics
VYGR
$201M
| $6.06M | ﹤0.01% |
316,803
+29,539
| +10% | +$385K |
|
2198
Expro Ltd
XPRO
$1.91B
| $6.06M | ﹤0.01% |
162,673
+25,810
| +19% | +$942K |
|
2199
CAE Inc. Common Shares
CAE
$8.74B
| $6.05M | ﹤0.01% |
272,379
+32,099
| +13% | +$671K |
|
2200
Domo
DOMO
$184M
| $6.04M | ﹤0.01% |
149,867
+49,122
| +49% | +$1.51M |
|
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.