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 | |
|---|---|---|---|---|---|---|
|
EGIO
2376
DELISTED
Edgio, Inc. Common Stock
EGIO
| $4.38M | ﹤0.01% |
33,897
+2,519
| +8% | +$292K |
|
2377
Sonic Automotive
SAH
$2.61B
| $4.36M | ﹤0.01% |
294,483
+42,770
| +17% | +$642K |
|
|
QTS.PRB
2378
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
| – | – |
0
| – | – |
|
|
GHL
2379
DELISTED
Greenhill & Co., Inc.
GHL
| $4.35M | ﹤0.01% |
202,235
+9,444
| +5% | +$234K |
|
2380
Willdan Group
WLDN
$1.3B
| $4.34M | ﹤0.01% |
117,200
+5,438
| +5% | +$193K |
|
|
TACO
2381
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.34M | ﹤0.01% |
431,217
+47,169
| +12% | +$491K |
|
2382
Cameco
CCJ
$42.4B
| $4.33M | ﹤0.01% |
369,516
+45,109
| +14% | +$542K |
|
|
TAST
2383
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $4.33M | ﹤0.01% |
434,161
+42,097
| +11% | +$411K |
|
2384
Hawkins
HWKN
$2.71B
| $4.33M | ﹤0.01% |
235,010
+18,080
| +8% | +$369K |
|
2385
VirnetX Holding Corp
VHC
$63.1M
| $4.32M | ﹤0.01% |
34,103
+6,460
| +23% | +$669K |
|
2386
OrthoPediatrics
KIDS
$595M
| $4.28M | ﹤0.01% |
96,810
+16,500
| +21% | +$628K |
|
2387
PDF Solutions
PDFS
$2.07B
| $4.28M | ﹤0.01% |
346,537
+44,898
| +15% | +$496K |
|
|
BPY
2388
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $4.27M | ﹤0.01% |
207,669
+35,454
| +21% | +$671K |
|
|
ONDK
2389
DELISTED
On Deck Capital, Inc.
ONDK
| $4.26M | ﹤0.01% |
786,970
+59,320
| +8% | +$376K |
|
|
ACR
2390
ACRES Commercial Realty
ACR
$108M
| $4.25M | ﹤0.01% |
133,246
-17,629
| -12% | -$560K |
|
2391
Limoneira
LMNR
$251M
| $4.24M | ﹤0.01% |
180,394
+18,491
| +11% | +$418K |
|
2392
MannKind Corp
MNKD
$1.32B
| $4.24M | ﹤0.01% |
2,152,020
+485,916
| +29% | +$770K |
|
2393
Intrepid Potash
IPI
$469M
| $4.24M | ﹤0.01% |
111,845
+9,763
| +10% | +$339K |
|
|
PLYA
2394
DELISTED
Playa Hotels & Resorts
PLYA
| $4.23M | ﹤0.01% |
554,159
+5,597
| +1% | +$43.3K |
|
|
GSKY
2395
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $4.23M | ﹤0.01% |
326,596
+22,388
| +7% | +$255K |
|
2396
Lennar Class B
LEN.B
$20.8B
| $4.22M | ﹤0.01% |
113,612
-800
| -0.7% | -$28.6K |
|
2397
Inovio Pharmaceuticals
INO
$69M
| $4.22M | ﹤0.01% |
94,268
+10,593
| +13% | +$534K |
|
|
DCPH
2398
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $4.22M | ﹤0.01% |
181,746
+14,842
| +9% | +$388K |
|
2399
KRONOS Worldwide
KRO
$989M
| $4.21M | ﹤0.01% |
300,104
+60,023
| +25% | +$830K |
|
2400
Motorcar Parts of America
MPAA
$258M
| $4.2M | ﹤0.01% |
222,559
+8,659
| +4% | +$173K |
|
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.