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 | |
|---|---|---|---|---|---|---|
|
HNGR
2276
DELISTED
Hanger Inc.
HNGR
| $5.29M | ﹤0.01% |
277,742
-52,300
| -16% | -$1.04M |
|
|
HONE
2277
DELISTED
HarborOne Bancorp
HONE
| $5.28M | ﹤0.01% |
551,316
+60,123
| +12% | +$541K |
|
2278
Nicolet Bankshares
NIC
$3.62B
| $5.27M | ﹤0.01% |
88,375
+10,722
| +14% | +$596K |
|
|
ATRS
2279
DELISTED
Antares Pharma, Inc.
ATRS
| $5.26M | ﹤0.01% |
1,735,406
+125,684
| +8% | +$407K |
|
|
SEI
2280
Solaris Energy Infrastructure
SEI
$3.82B
| $5.26M | ﹤0.01% |
319,800
+40,424
| +14% | +$620K |
|
2281
Lindblad Expeditions
LIND
$2.22B
| $5.24M | ﹤0.01% |
343,568
+58,533
| +21% | +$796K |
|
2282
Live Oak Bancshares
LOB
$1.97B
| $5.23M | ﹤0.01% |
357,966
+50,699
| +16% | +$779K |
|
|
BAND
2283
Bandwidth Inc
BAND
$1.61B
| $5.22M | ﹤0.01% |
77,968
+37,072
| +91% | +$1.95M |
|
|
VRAY
2284
DELISTED
ViewRay, Inc.
VRAY
| $5.22M | ﹤0.01% |
706,495
+43,549
| +7% | +$336K |
|
2285
Rigel Pharmaceuticals
RIGL
$750M
| $5.22M | ﹤0.01% |
203,043
+10,124
| +5% | +$231K |
|
2286
Camping World
CWH
$653M
| $5.21M | ﹤0.01% |
374,750
+46,239
| +14% | +$647K |
|
2287
Winmark
WINA
$1.32B
| $5.21M | ﹤0.01% |
27,623
+1,554
| +6% | +$256K |
|
|
TOWR
2288
DELISTED
Tower International, Inc.
TOWR
| $5.19M | ﹤0.01% |
246,616
+26,229
| +12% | +$674K |
|
|
GTHX
2289
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $5.18M | ﹤0.01% |
312,230
+33,167
| +12% | +$629K |
|
|
ACHN
2290
DELISTED
Achillion Pharmaceuticals
ACHN
| $5.17M | ﹤0.01% |
1,748,069
+201,065
| +13% | +$494K |
|
2291
Tredegar Corp
TG
$310M
| $5.17M | ﹤0.01% |
320,036
+27,395
| +9% | +$464K |
|
|
CORR
2292
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $5.16M | ﹤0.01% |
140,279
+7,890
| +6% | +$284K |
|
2293
WillScot Mobile Mini Holdings
WSC
$4.41B
| $5.14M | ﹤0.01% |
463,618
+52,082
| +13% | +$541K |
|
|
PRTY
2294
DELISTED
Party City Holdco Inc.
PRTY
| $5.14M | ﹤0.01% |
647,229
+56,395
| +10% | +$585K |
|
|
MNTV
2295
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $5.14M | ﹤0.01% |
282,065
+32,900
| +13% | +$463K |
|
|
HTB
2296
HomeTrust Bancshares
HTB
$848M
| $5.13M | ﹤0.01% |
203,627
+10,357
| +5% | +$277K |
|
|
RTL
2297
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $5.12M | ﹤0.01% |
474,214
+85,960
| +22% | +$1.02M |
|
|
BSTC
2298
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $5.12M | ﹤0.01% |
82,106
+14,089
| +21% | +$932K |
|
2299
Accuray
ARAY
$34M
| $5.08M | ﹤0.01% |
1,065,901
+73,811
| +7% | +$336K |
|
|
FLXN
2300
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $5.08M | ﹤0.01% |
407,174
+22,741
| +6% | +$304K |
|
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.