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 |
Fidelity National Information Services
FIS
|
+$551M |
| 2 |
Procter & Gamble
PG
|
+$442M |
| 3 |
Microsoft
MSFT
|
+$421M |
| 4 |
L3Harris
LHX
|
+$395M |
| 5 |
Global Payments
GPN
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$576M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$457M |
| 3 |
WP
Worldpay, Inc.
WP
|
+$318M |
| 4 |
TSS
Total System Services, Inc.
TSS
|
+$296M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
+$280M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.79% |
| 2 | Financials | 15.45% |
| 3 | Healthcare | 13.28% |
| 4 | Consumer Discretionary | 10.13% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Galicia Financial Group
GGAL
$8B
| $3.85M | ﹤0.01% |
297,224
+23,832
| +9% | +$561K |
|
|
EGLE
2502
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $3.84M | ﹤0.01% |
125,498
+1,738
| +1% | +$57.7K |
|
|
BHR
2503
Braemar Hotels & Resorts
BHR
$148M
| $3.84M | ﹤0.01% |
412,671
-12,494
| -3% | -$113K |
|
2504
Hurco Companies Inc
HURC
$142M
| $3.84M | ﹤0.01% |
119,280
+12,538
| +12% | +$418K |
|
|
SILK
2505
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $3.82M | ﹤0.01% |
117,431
+27,736
| +31% | +$1.1M |
|
2506
Business First Bancshares
BFST
$1.04B
| $3.8M | ﹤0.01% |
155,891
+12,778
| +9% | +$312K |
|
2507
Dorian LPG
LPG
$1.89B
| $3.8M | ﹤0.01% |
366,503
-50,546
| -12% | -$495K |
|
2508
Daktronics
DAKT
$1.04B
| $3.79M | ﹤0.01% |
513,829
+31,134
| +6% | +$207K |
|
|
JCP
2509
DELISTED
J.C. Penney Company, Inc.
JCP
| $3.79M | ﹤0.01% |
4,269,155
+289,850
| +7% | +$243K |
|
|
AMRN
2510
Amarin Corp
AMRN
$299M
| $3.79M | ﹤0.01% |
12,485
-46
| -0.4% | -$16.1K |
|
2511
KRONOS Worldwide
KRO
$697M
| $3.78M | ﹤0.01% |
305,605
-8,985
| -3% | -$111K |
|
|
XOG
2512
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $3.76M | ﹤0.01% |
1,279,659
-336,405
| -21% | -$1.27M |
|
2513
HCI Group
HCI
$2.27B
| $3.75M | ﹤0.01% |
89,264
+1,157
| +1% | +$47.6K |
|
2514
MasterCraft Boat Holdings
MCFT
$585M
| $3.75M | ﹤0.01% |
251,209
-105,091
| -29% | -$1.71M |
|
2515
Primis Financial Corp
FRST
$405M
| $3.75M | ﹤0.01% |
243,400
+3,369
| +1% | +$51.1K |
|
2516
Rocky Brands
RCKY
$389M
| $3.75M | ﹤0.01% |
112,724
+2,476
| +2% | +$73.7K |
|
|
GNTY
2517
DELISTED
Guaranty Bancshares
GNTY
| $3.74M | ﹤0.01% |
134,585
+1,004
| +0.8% | +$27.8K |
|
|
MNK
2518
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $3.74M | ﹤0.01% |
1,552,923
+410,282
| +36% | +$2.1M |
|
|
NEX
2519
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $3.73M | ﹤0.01% |
615,203
+49,076
| +9% | +$288K |
|
2520
YPF
YPF
$19.3B
| $3.72M | ﹤0.01% |
404,550
+13,155
| +3% | +$170K |
|
|
PDLI
2521
DELISTED
PDL BioPharma, Inc.
PDLI
| $3.72M | ﹤0.01% |
1,722,199
-224,293
| -12% | -$599K |
|
|
LTS
2522
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $3.71M | ﹤0.01% |
1,564,839
+85,823
| +6% | +$224K |
|
|
HOLI
2523
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $3.7M | ﹤0.01% |
243,919
+172,361
| +241% | +$2.86M |
|
2524
Greif Class B
GEF.B
$4.09B
| $3.7M | ﹤0.01% |
81,159
+4,956
| +7% | +$213K |
|
|
CBL
2525
DELISTED
CBL& Associates Properties, Inc.
CBL
| $3.69M | ﹤0.01% |
2,864,386
+41,314
| +1% | +$43.1K |
|
Similar funds
Geode Capital Management's Q3 2019 Portfolio in Review
As of Q3 2019, Geode Capital Management held 4,325 positions worth $428B, up 3.7% from $413B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Geode Capital Management's Q3 2019 filing shows 111 new, 2,727 increased, 803 reduced and 130 closed positions. Its largest new stake was Blackstone: 4,810,067 shares worth $235M. The largest sale was Red Hat Inc, an estimated $576M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2019 buy was Blackstone: 4,810,067 shares worth $235M.
- Geode Capital Management added most to Fidelity National Information Services in Q3 2019, an estimated $551M increase.
- Geode Capital Management's biggest Q3 2019 reduction was McDonald's, cutting an estimated $130M.
- Geode Capital Management fully exited Red Hat Inc in Q3 2019, selling an estimated $576M.
- Geode Capital Management's ten largest holdings make up 18% of its $428B portfolio in Q3 2019.
- Geode Capital Management opened 111 new positions and closed 130 in Q3 2019.
- Geode Capital Management's portfolio value rose 3.7% quarter-over-quarter to $428B.
Based on Geode Capital Management's 13F filing for Q3 2019, filed 12 Nov 2019.