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 | |
|---|---|---|---|---|---|---|
2626
BayCom
BCML
$333M
| $3.12M | ﹤0.01% |
137,193
+59,867
| +77% | +$1.34M |
|
2627
CEL-SCI Corp
CVM
$21.8M
| $3.11M | ﹤0.01% |
11,586
+787
| +7% | +$184K |
|
2628
NACCO Industries
NC
$363M
| $3.11M | ﹤0.01% |
48,600
+52
| +0.1% | +$2.72K |
|
2629
Palomar
PLMR
$3.62B
| $3.1M | ﹤0.01% |
78,653
+3,698
| +5% | +$115K |
|
|
RPT
2630
Rithm Property Trust
RPT
$95.1M
| $3.1M | ﹤0.01% |
34,497
-11,959
| -26% | -$1M |
|
2631
Commercial Vehicle Group
CVGI
$156M
| $3.1M | ﹤0.01% |
429,460
-28,724
| -6% | -$210K |
|
2632
Preformed Line Products
PLPC
$1.75B
| $3.08M | ﹤0.01% |
56,452
-6,424
| -10% | -$345K |
|
2633
Toyota
TM
$220B
| $3.08M | ﹤0.01% |
22,868
+2,430
| +12% | +$318K |
|
|
ECOM
2634
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $3.06M | ﹤0.01% |
327,881
-5,715
| -2% | -$52.5K |
|
|
CCRD
2635
DELISTED
CoreCard
CCRD
| $3.06M | ﹤0.01% |
73,631
-746
| -1% | -$33.3K |
|
2636
Tucows
TCX
$153M
| $3.05M | ﹤0.01% |
56,376
+1,065
| +2% | +$55.6K |
|
|
CSTR
2637
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $3.05M | ﹤0.01% |
184,119
+70,525
| +62% | +$1.1M |
|
2638
Applied Optoelectronics
AAOI
$8.84B
| $3.05M | ﹤0.01% |
271,734
+22,204
| +9% | +$223K |
|
2639
MannKind Corp
MNKD
$1.17B
| $3.05M | ﹤0.01% |
2,438,976
+40,920
| +2% | +$47.7K |
|
2640
Spok Holdings
SPOK
$232M
| $3.05M | ﹤0.01% |
255,112
+2,727
| +1% | +$35.2K |
|
|
DS
2641
DELISTED
Drive Shack Inc.
DS
| $3.04M | ﹤0.01% |
706,117
+10,297
| +1% | +$48.5K |
|
2642
Alpha and Omega Semiconductor
AOSL
$942M
| $3.04M | ﹤0.01% |
247,605
+423
| +0.2% | +$4.67K |
|
|
SMTA
2643
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $3.03M | ﹤0.01% |
359,485
-249,169
| -41% | -$2.11M |
|
2644
DraftKings
DKNG
$11.7B
| $3.02M | ﹤0.01% |
+306,415
| New | +$3.01M |
|
|
SIC
2645
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $3.01M | ﹤0.01% |
232,327
+131,676
| +131% | +$1.56M |
|
|
GTYH
2646
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $3.01M | ﹤0.01% |
480,353
+29,498
| +7% | +$190K |
|
|
EIGR
2647
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $3.01M | ﹤0.01% |
9,782
+140
| +1% | +$45.5K |
|
|
LJPC
2648
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $3.01M | ﹤0.01% |
341,680
+25,259
| +8% | +$239K |
|
2649
The Joint Corp
JYNT
$117M
| $3M | ﹤0.01% |
161,461
+8,559
| +6% | +$158K |
|
|
MCBC
2650
DELISTED
Macatawa Bank Corp
MCBC
| $2.99M | ﹤0.01% |
288,073
+5,188
| +2% | +$52.8K |
|
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.