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 | |
|---|---|---|---|---|---|---|
2451
CNB Financial Corp
CCNE
$1.03B
| $3.84M | ﹤0.01% |
152,078
+6,046
| +4% | +$157K |
|
2452
Sierra Bancorp
BSRR
$525M
| $3.84M | ﹤0.01% |
158,071
+6,309
| +4% | +$164K |
|
|
FRGI
2453
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.83M | ﹤0.01% |
292,464
+25,632
| +10% | +$379K |
|
|
REVG
2454
DELISTED
REV Group
REVG
| $3.83M | ﹤0.01% |
349,344
+37,402
| +12% | +$338K |
|
2455
V2X
VVX
$2.65B
| $3.8M | ﹤0.01% |
143,052
+7,572
| +6% | +$196K |
|
|
DPLO
2456
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $3.8M | ﹤0.01% |
653,680
+54,927
| +9% | +$567K |
|
2457
Origin Bancorp
OBK
$1.66B
| $3.79M | ﹤0.01% |
111,313
+13,626
| +14% | +$475K |
|
|
SMTA
2458
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $3.79M | ﹤0.01% |
584,129
+25,421
| +5% | +$190K |
|
|
CBLK
2459
DELISTED
Carbon Black, Inc. Common Stock
CBLK
| $3.73M | ﹤0.01% |
267,811
+19,770
| +8% | +$282K |
|
2460
Greenlight Captial
GLRE
$506M
| $3.73M | ﹤0.01% |
343,562
+25,758
| +8% | +$275K |
|
|
EXPR
2461
DELISTED
Express, Inc.
EXPR
| $3.73M | ﹤0.01% |
43,625
-10,839
| -20% | -$1.09M |
|
2462
VEON
VEON
$3.95B
| $3.73M | ﹤0.01% |
71,303
+817
| +1% | +$51K |
|
|
VRTV
2463
DELISTED
VERITIV CORPORATION
VRTV
| $3.72M | ﹤0.01% |
141,403
+10,887
| +8% | +$333K |
|
2464
HCI Group
HCI
$2.41B
| $3.72M | ﹤0.01% |
86,978
+9,211
| +12% | +$424K |
|
|
RRD
2465
DELISTED
RR Donnelley & Sons Co.
RRD
| $3.71M | ﹤0.01% |
786,606
+34,062
| +5% | +$175K |
|
|
BKS
2466
DELISTED
Barnes & Noble
BKS
| $3.71M | ﹤0.01% |
683,089
+34,508
| +5% | +$210K |
|
2467
El Pollo Loco
LOCO
$462M
| $3.71M | ﹤0.01% |
284,882
+28,143
| +11% | +$425K |
|
|
BRT
2468
BRT Apartments
BRT
$271M
| $3.7M | ﹤0.01% |
266,465
+6,719
| +3% | +$88.3K |
|
2469
HUTCHMED
HCM
$2.17B
| $3.69M | ﹤0.01% |
121,644
+6,710
| +6% | +$167K |
|
|
WNS
2470
DELISTED
WNS Holdings
WNS
| $3.69M | ﹤0.01% |
+69,316
| New | +$3.47M |
|
2471
SoundThinking
SSTI
$103M
| $3.69M | ﹤0.01% |
95,645
+13,547
| +17% | +$582K |
|
|
KDMN
2472
DELISTED
Kadmon Holdings, Inc.
KDMN
| $3.69M | ﹤0.01% |
1,395,889
+295,232
| +27% | +$744K |
|
2473
Clearwater Paper
CLW
$376M
| $3.68M | ﹤0.01% |
189,007
+16,333
| +9% | +$470K |
|
2474
Omega Flex
OFLX
$312M
| $3.67M | ﹤0.01% |
48,401
+1,771
| +4% | +$122K |
|
2475
Ascendis Pharma A/S
ASND
$16.8B
| $3.66M | ﹤0.01% |
31,073
+330
| +1% | +$28.9K |
|
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.