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 | |
|---|---|---|---|---|---|---|
2326
MarineMax
HZO
$788M
| $4.85M | ﹤0.01% |
253,044
+13,857
| +6% | +$264K |
|
|
AMRN
2327
Amarin Corp
AMRN
$303M
| $4.84M | ﹤0.01% |
11,671
+770
| +7% | +$278K |
|
|
ACRE
2328
Ares Commercial Real Estate
ACRE
$270M
| $4.84M | ﹤0.01% |
318,921
+11,682
| +4% | +$170K |
|
|
HAYN
2329
DELISTED
Haynes International, Inc.
HAYN
| $4.84M | ﹤0.01% |
147,573
+8,728
| +6% | +$282K |
|
|
GAM
2330
General American Investors Company
GAM
$1.61B
| $4.8M | ﹤0.01% |
144,005
+14,837
| +11% | +$470K |
|
2331
IMAX
IMAX
$2.66B
| $4.79M | ﹤0.01% |
211,406
+25,431
| +14% | +$543K |
|
2332
Logitech
LOGI
$15.2B
| $4.77M | ﹤0.01% |
121,365
+1,470
| +1% | +$53K |
|
|
AAMI
2333
Acadian Asset Management
AAMI
$3.19B
| $4.77M | ﹤0.01% |
351,662
-19,512
| -5% | -$252K |
|
2334
TechTarget
TTGT
$278M
| $4.76M | ﹤0.01% |
292,865
+31,841
| +12% | +$478K |
|
2335
CryoPort
CYRX
$762M
| $4.76M | ﹤0.01% |
368,500
+65,956
| +22% | +$717K |
|
|
TBRG
2336
DELISTED
TruBridge
TBRG
| $4.75M | ﹤0.01% |
160,020
+27,436
| +21% | +$793K |
|
2337
Insteel Industries
IIIN
$625M
| $4.74M | ﹤0.01% |
226,715
+20,719
| +10% | +$456K |
|
|
SFIX
2338
Stitch Fix
SFIX
$560M
| $4.73M | ﹤0.01% |
167,620
+14,441
| +9% | +$359K |
|
2339
American Coastal Insurance
ACIC
$493M
| $4.72M | ﹤0.01% |
297,122
+29,065
| +11% | +$470K |
|
|
LDL
2340
DELISTED
Lydall, Inc.
LDL
| $4.72M | ﹤0.01% |
201,345
+23,376
| +13% | +$591K |
|
|
DX
2341
Dynex Capital
DX
$3.21B
| $4.72M | ﹤0.01% |
258,487
+38,789
| +18% | +$709K |
|
|
BBBY
2342
Bed Bath & Beyond
BBBY
$442M
| $4.71M | ﹤0.01% |
377,622
+37,671
| +11% | +$515K |
|
2343
Precigen
PGEN
$2.59B
| $4.71M | ﹤0.01% |
895,779
+72,631
| +9% | +$504K |
|
|
AABA
2344
DELISTED
Altaba Inc
AABA
| $4.67M | ﹤0.01% |
63,011
+2,274
| +4% | +$157K |
|
2345
Q32 Bio
QTTB
$464M
| $4.67M | ﹤0.01% |
9,354
+852
| +10% | +$381K |
|
2346
Turning Point Brands
TPB
$1.74B
| $4.67M | ﹤0.01% |
101,277
+2,336
| +2% | +$89.5K |
|
|
IIF
2347
Morgan Stanley India Investment Fund
IIF
$220M
| $4.66M | ﹤0.01% |
223,104
+9,100
| +4% | +$180K |
|
2348
Community Health Systems
CYH
$423M
| $4.66M | ﹤0.01% |
1,248,962
+95,083
| +8% | +$390K |
|
|
OLBK
2349
DELISTED
Old Line Bancshares, Inc.
OLBK
| $4.65M | ﹤0.01% |
186,675
+32,924
| +21% | +$903K |
|
|
BVH
2350
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $4.64M | ﹤0.01% |
156,655
+11,645
| +8% | +$356K |
|
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.