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 | |
|---|---|---|---|---|---|---|
2301
Hackett Group
HCKT
$287M
| $5.08M | ﹤0.01% |
321,342
+41,339
| +15% | +$708K |
|
2302
Artesian Resources
ARTNA
$358M
| $5.05M | ﹤0.01% |
135,643
+2,687
| +2% | +$99.4K |
|
|
DVAX
2303
DELISTED
Dynavax Technologies
DVAX
| $5.05M | ﹤0.01% |
691,595
+40,642
| +6% | +$397K |
|
|
IMGN
2304
DELISTED
Immunogen Inc
IMGN
| $5.05M | ﹤0.01% |
1,864,609
+146,839
| +9% | +$636K |
|
2305
Equity Bancshares
EQBK
$1.05B
| $5.05M | ﹤0.01% |
175,406
+16,143
| +10% | +$526K |
|
2306
Assembly Biosciences
ASMB
$529M
| $5.03M | ﹤0.01% |
21,291
+2,285
| +12% | +$579K |
|
|
CCXI
2307
DELISTED
ChemoCentryx, Inc.
CCXI
| $5.01M | ﹤0.01% |
360,931
+27,014
| +8% | +$309K |
|
|
MLNX
2308
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $4.99M | ﹤0.01% |
42,148
-1,207
| -3% | -$121K |
|
|
CETV
2309
DELISTED
Central European Media Enterprises Ltd
CETV
| $4.97M | ﹤0.01% |
1,249,000
+209,646
| +20% | +$707K |
|
|
CIVI
2310
DELISTED
Civitas Resources
CIVI
| $4.97M | ﹤0.01% |
218,986
+26,696
| +14% | +$615K |
|
2311
CRA International
CRAI
$1.06B
| $4.97M | ﹤0.01% |
98,307
+7,007
| +8% | +$316K |
|
|
COWN
2312
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.97M | ﹤0.01% |
342,834
+10,365
| +3% | +$158K |
|
|
RDS.B
2313
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.95M | ﹤0.01% |
77,393
-9,737
| -11% | -$616K |
|
2314
Metallus
MTUS
$898M
| $4.94M | ﹤0.01% |
455,080
+32,660
| +8% | +$376K |
|
|
CIO
2315
DELISTED
City Office REIT
CIO
| $4.94M | ﹤0.01% |
436,730
+35,888
| +9% | +$409K |
|
|
ALTA
2316
DELISTED
Altabancorp
ALTA
| $4.94M | ﹤0.01% |
187,201
+9,186
| +5% | +$266K |
|
|
ASXC
2317
DELISTED
Asensus Surgical, Inc.
ASXC
| $4.93M | ﹤0.01% |
159,389
+19,251
| +14% | +$645K |
|
|
UCTT
2318
Ultra Clean Holdings
UCTT
$3.95B
| $4.93M | ﹤0.01% |
475,981
+57,877
| +14% | +$621K |
|
|
CYBR
2319
DELISTED
CyberArk
CYBR
| $4.91M | ﹤0.01% |
41,241
-5,733
| -12% | -$548K |
|
2320
Forum Energy Technologies
FET
$835M
| $4.91M | ﹤0.01% |
48,018
+8,055
| +20% | +$886K |
|
2321
BlackBerry
BB
$5.26B
| $4.9M | ﹤0.01% |
489,610
-137,616
| -22% | -$1.16M |
|
|
HCCI
2322
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $4.88M | ﹤0.01% |
177,937
+7,349
| +4% | +$187K |
|
|
GNMK
2323
DELISTED
GenMark Diagnostics, Inc
GNMK
| $4.87M | ﹤0.01% |
686,727
+91,920
| +15% | +$605K |
|
2324
Global Industrial
GIC
$1.49B
| $4.86M | ﹤0.01% |
214,856
+6,774
| +3% | +$155K |
|
|
CHUY
2325
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.86M | ﹤0.01% |
213,643
+25,196
| +13% | +$551K |
|
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.