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 | |
|---|---|---|---|---|---|---|
2401
Bar Harbor Bankshares
BHB
$666M
| $4.19M | ﹤0.01% |
162,095
+5,232
| +3% | +$129K |
|
2402
BP
BP
$107B
| $4.18M | ﹤0.01% |
97,271
-1,088
| -1% | -$44.6K |
|
2403
BrightView Holdings
BV
$1.07B
| $4.18M | ﹤0.01% |
290,469
+35,386
| +14% | +$492K |
|
|
ZF
2404
DELISTED
Virtus Total Return Fund Inc.
ZF
| $4.18M | ﹤0.01% |
415,948
+58,063
| +16% | +$548K |
|
2405
Westwood Holdings Group
WHG
$190M
| $4.17M | ﹤0.01% |
118,188
+10,399
| +10% | +$389K |
|
|
ADVM
2406
DELISTED
Adverum Biotechnologies
ADVM
| $4.15M | ﹤0.01% |
79,262
+9,402
| +13% | +$380K |
|
2407
Cato Corp
CATO
$66.1M
| $4.15M | ﹤0.01% |
277,275
+16,094
| +6% | +$238K |
|
2408
Diageo
DEO
$53.6B
| $4.15M | ﹤0.01% |
25,344
+714
| +3% | +$109K |
|
2409
Old Second Bancorp
OSBC
$1.29B
| $4.14M | ﹤0.01% |
329,143
+18,585
| +6% | +$257K |
|
2410
Anterix
ATEX
$1.94B
| $4.14M | ﹤0.01% |
117,744
+6,274
| +6% | +$247K |
|
2411
Hurco Companies Inc
HURC
$143M
| $4.13M | ﹤0.01% |
102,510
+4,961
| +5% | +$197K |
|
|
FSB
2412
DELISTED
Franklin Financial Network, Inc.
FSB
| $4.13M | ﹤0.01% |
142,340
+17,122
| +14% | +$526K |
|
2413
FRP Holdings
FRPH
$421M
| $4.12M | ﹤0.01% |
173,324
+9,428
| +6% | +$235K |
|
|
AKRX
2414
DELISTED
Akorn Inc
AKRX
| $4.11M | ﹤0.01% |
1,167,419
+34,640
| +3% | +$133K |
|
|
ECOM
2415
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $4.11M | ﹤0.01% |
337,329
+66,238
| +24% | +$790K |
|
2416
Lifecore Biomedical
LFCR
$190M
| $4.09M | ﹤0.01% |
333,524
+55,413
| +20% | +$676K |
|
2417
West Bancorporation
WTBA
$485M
| $4.09M | ﹤0.01% |
197,584
+9,303
| +5% | +$198K |
|
2418
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| – | – |
0
| – | – |
|
|
SMAR
2419
DELISTED
Smartsheet Inc.
SMAR
| $4.06M | ﹤0.01% |
99,599
-4,498
| -4% | -$156K |
|
|
MRT
2420
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $4.06M | ﹤0.01% |
364,676
+22,226
| +6% | +$241K |
|
|
CBL
2421
DELISTED
CBL& Associates Properties, Inc.
CBL
| $4.06M | ﹤0.01% |
2,617,733
+326,924
| +14% | +$697K |
|
2422
Farmers National Banc Corp
FMNB
$930M
| $4.05M | ﹤0.01% |
293,938
+9,344
| +3% | +$129K |
|
2423
Kinross Gold
KGC
$32.8B
| $4.05M | ﹤0.01% |
1,187,414
+120,138
| +11% | +$401K |
|
|
ASRT
2424
DELISTED
Assertio
ASRT
| $4.05M | ﹤0.01% |
13,311
+2,029
| +18% | +$523K |
|
|
EEX
2425
DELISTED
Emerald Holding
EEX
| $4.05M | ﹤0.01% |
318,803
+39,800
| +14% | +$520K |
|
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.