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 | |
|---|---|---|---|---|---|---|
|
ACBI
2226
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $5.78M | ﹤0.01% |
323,945
+27,318
| +9% | +$504K |
|
2227
Agilysys
AGYS
$3.06B
| $5.75M | ﹤0.01% |
271,547
+72,653
| +37% | +$1.34M |
|
|
FPRX
2228
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $5.74M | ﹤0.01% |
428,389
+18,688
| +5% | +$213K |
|
2229
The Bancorp
TBBK
$2.84B
| $5.74M | ﹤0.01% |
710,301
+65,574
| +10% | +$567K |
|
|
QADA
2230
DELISTED
QAD Inc.
QADA
| $5.73M | ﹤0.01% |
133,057
+18,866
| +17% | +$810K |
|
2231
First Community Bankshares
FCBC
$911M
| $5.72M | ﹤0.01% |
172,711
+18,170
| +12% | +$623K |
|
2232
Ethan Allen Interiors
ETD
$603M
| $5.72M | ﹤0.01% |
298,911
+17,704
| +6% | +$338K |
|
|
MOBL
2233
DELISTED
MobileIron, Inc.
MOBL
| $5.72M | ﹤0.01% |
1,045,407
+164,275
| +19% | +$810K |
|
2234
Moderna
MRNA
$23.6B
| $5.7M | ﹤0.01% |
280,136
+77,644
| +38% | +$1.44M |
|
2235
Elastic
ESTC
$7.81B
| $5.68M | ﹤0.01% |
71,153
-9,136
| -11% | -$763K |
|
|
STML
2236
DELISTED
Stemline Therapeutics, Inc.
STML
| $5.68M | ﹤0.01% |
441,768
+130,441
| +42% | +$1.47M |
|
|
HIBB
2237
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.67M | ﹤0.01% |
248,611
-68,088
| -21% | -$1.2M |
|
|
UMH
2238
UMH Properties
UMH
$1.36B
| $5.66M | ﹤0.01% |
401,719
+21,376
| +6% | +$287K |
|
2239
Yeti Holdings
YETI
$3.95B
| $5.64M | ﹤0.01% |
186,326
-2,626
| -1% | -$57.2K |
|
|
CAMP
2240
DELISTED
CalAmp Corp.
CAMP
| $5.62M | ﹤0.01% |
19,436
+1,598
| +9% | +$505K |
|
|
NEX
2241
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $5.62M | ﹤0.01% |
516,433
+25,336
| +5% | +$255K |
|
2242
GDS Holdings
GDS
$6.41B
| $5.6M | ﹤0.01% |
157,665
+11,912
| +8% | +$361K |
|
2243
Financial Institutions
FISI
$821M
| $5.57M | ﹤0.01% |
204,819
+11,794
| +6% | +$332K |
|
|
CBIO
2244
Crescent Biopharma
CBIO
$626M
| $5.54M | ﹤0.01% |
4,451
+331
| +8% | +$379K |
|
|
XOG
2245
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $5.54M | ﹤0.01% |
1,311,001
+142,186
| +12% | +$595K |
|
|
PEO
2246
Adams Natural Resources Fund
PEO
$725M
| $5.54M | ﹤0.01% |
343,251
+179,558
| +110% | +$2.81M |
|
|
CTT
2247
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $5.53M | ﹤0.01% |
563,395
+54,105
| +11% | +$495K |
|
|
COOP
2248
DELISTED
Mr. Cooper
COOP
| $5.51M | ﹤0.01% |
574,901
+70,049
| +14% | +$940K |
|
|
RUBY
2249
DELISTED
Rubius Therapeutics, Inc
RUBY
| $5.51M | ﹤0.01% |
304,624
+106,087
| +53% | +$1.63M |
|
|
OPB
2250
DELISTED
Opus Bank Common Stock
OPB
| $5.51M | ﹤0.01% |
278,288
+23,886
| +9% | +$506K |
|
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.