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 | |
|---|---|---|---|---|---|---|
|
JCP
2251
DELISTED
J.C. Penney Company, Inc.
JCP
| $5.5M | ﹤0.01% |
3,693,302
+512,863
| +16% | +$722K |
|
2252
Collegium Pharmaceutical
COLL
$956M
| $5.5M | ﹤0.01% |
363,136
+45,687
| +14% | +$732K |
|
2253
QCR Holdings
QCRH
$1.7B
| $5.49M | ﹤0.01% |
161,849
+6,881
| +4% | +$237K |
|
2254
Clean Energy Fuels
CLNE
$346M
| $5.48M | ﹤0.01% |
1,774,810
+164,967
| +10% | +$367K |
|
2255
Century Aluminum
CENX
$5.07B
| $5.48M | ﹤0.01% |
616,840
+54,079
| +10% | +$468K |
|
|
ASAP
2256
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
| $5.47M | ﹤0.01% |
+22,261
| New | +$5.32M |
|
|
CBB
2257
DELISTED
Cincinnati Bell Inc.
CBB
| $5.47M | ﹤0.01% |
573,569
+28,691
| +5% | +$260K |
|
2258
York Water
YORW
$514M
| $5.45M | ﹤0.01% |
158,735
+7,060
| +5% | +$236K |
|
|
ABTX
2259
DELISTED
Allegiance Bancshares
ABTX
| $5.44M | ﹤0.01% |
161,306
+8,713
| +6% | +$315K |
|
2260
Cytokinetics
CYTK
$10.4B
| $5.43M | ﹤0.01% |
671,135
+85,592
| +15% | +$629K |
|
|
MODN
2261
DELISTED
MODEL N, INC.
MODN
| $5.42M | ﹤0.01% |
309,308
+12,955
| +4% | +$207K |
|
2262
American Vanguard Corp
AVD
$68.9M
| $5.42M | ﹤0.01% |
315,013
+22,100
| +8% | +$390K |
|
|
VSTO
2263
DELISTED
Vista Outdoor Inc.
VSTO
| $5.42M | ﹤0.01% |
677,206
+65,125
| +11% | +$637K |
|
|
UCFC
2264
DELISTED
United Community Financial Corp
UCFC
| $5.42M | ﹤0.01% |
579,718
+26,153
| +5% | +$247K |
|
|
WSR
2265
DELISTED
Whitestone REIT
WSR
| $5.41M | ﹤0.01% |
450,374
+120
| +0% | +$1.59K |
|
2266
Ducommun
DCO
$2.98B
| $5.39M | ﹤0.01% |
123,948
+14,100
| +13% | +$579K |
|
2267
International Seaways
INSW
$4.57B
| $5.39M | ﹤0.01% |
314,704
+23,519
| +8% | +$415K |
|
|
ZIXI
2268
DELISTED
Zix Corporation
ZIXI
| $5.38M | ﹤0.01% |
782,544
+131,104
| +20% | +$938K |
|
2269
Mitek Systems
MITK
$834M
| $5.38M | ﹤0.01% |
439,529
+51,782
| +13% | +$581K |
|
2270
REX American Resources
REX
$1.41B
| $5.36M | ﹤0.01% |
398,898
+45,528
| +13% | +$576K |
|
|
VTLE
2271
DELISTED
Vital Energy
VTLE
| $5.31M | ﹤0.01% |
85,987
+6,958
| +9% | +$495K |
|
|
ANH
2272
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.31M | ﹤0.01% |
1,313,665
+152,774
| +13% | +$658K |
|
|
KEYW
2273
DELISTED
The KEYW Holding Corporation
KEYW
| $5.31M | ﹤0.01% |
615,546
+44,950
| +8% | +$327K |
|
|
OLP
2274
One Liberty Properties
OLP
$527M
| $5.3M | ﹤0.01% |
182,717
+13,765
| +8% | +$382K |
|
|
SPWR
2275
DELISTED
SunPower Corporation Common Stock
SPWR
| $5.3M | ﹤0.01% |
1,242,485
+106,901
| +9% | +$417K |
|
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.