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 | |
|---|---|---|---|---|---|---|
2676
Nathan's Famous
NATH
$403M
| $2.87M | ﹤0.01% |
39,948
+420
| +1% | +$29.8K |
|
2677
Investar Holding Corp
ISTR
$415M
| $2.86M | ﹤0.01% |
120,196
-87
| -0.1% | -$2.04K |
|
|
AMRS
2678
DELISTED
Amyris Inc.
AMRS
| $2.86M | ﹤0.01% |
600,744
+12,283
| +2% | +$45.8K |
|
2679
LCNB Corp
LCNB
$282M
| $2.85M | ﹤0.01% |
160,905
+1,369
| +0.9% | +$24K |
|
|
LAND
2680
Gladstone Land Corp
LAND
$348M
| $2.84M | ﹤0.01% |
239,076
+37,151
| +18% | +$433K |
|
2681
Sportsman's Warehouse
SPWH
$44.9M
| $2.84M | ﹤0.01% |
548,537
+14,431
| +3% | +$62.1K |
|
2682
Target Hospitality
TH
$1.57B
| $2.84M | ﹤0.01% |
417,267
-70,060
| -14% | -$530K |
|
|
LVGO
2683
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $2.83M | ﹤0.01% |
+162,512
| New | +$4.92M |
|
2684
Phreesia
PHR
$698M
| $2.83M | ﹤0.01% |
+116,742
| New | +$3.08M |
|
|
ONIT
2685
Onity Group
ONIT
$319M
| $2.83M | ﹤0.01% |
100,333
+1,682
| +2% | +$47K |
|
|
SNCR
2686
DELISTED
Synchronoss Technologies
SNCR
| $2.83M | ﹤0.01% |
58,156
+2,199
| +4% | +$149K |
|
|
AAIC
2687
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.82M | ﹤0.01% |
513,318
+12,601
| +3% | +$74.2K |
|
|
CLVS
2688
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.82M | ﹤0.01% |
716,664
+23,564
| +3% | +$191K |
|
2689
ACNB Corp
ACNB
$656M
| $2.81M | ﹤0.01% |
82,099
+7,838
| +11% | +$281K |
|
2690
Covenant Logistics
CVLG
$888M
| $2.81M | ﹤0.01% |
342,502
-4,804
| -1% | -$37K |
|
|
CET
2691
Central Securities Corp
CET
$1.61B
| $2.81M | ﹤0.01% |
89,510
-5,741
| -6% | -$177K |
|
|
GRFS
2692
Grifois
GRFS
$5.35B
| $2.81M | ﹤0.01% |
140,083
+5,855
| +4% | +$126K |
|
|
STR
2693
DELISTED
Sitio Royalties
STR
| $2.8M | ﹤0.01% |
121,761
-2,605
| -2% | -$72.5K |
|
2694
Colliers International
CIGI
$5.08B
| $2.79M | ﹤0.01% |
37,180
+5,265
| +16% | +$373K |
|
2695
Repay Holdings
RPAY
$343M
| $2.79M | ﹤0.01% |
+209,204
| New | +$2.55M |
|
2696
First Internet Bancorp
INBK
$261M
| $2.77M | ﹤0.01% |
129,632
+2,426
| +2% | +$49.9K |
|
2697
ADMA Biologics
ADMA
$2.03B
| $2.77M | ﹤0.01% |
622,494
+184,934
| +42% | +$773K |
|
|
ITIC
2698
Investors Title Co
ITIC
$551M
| $2.76M | ﹤0.01% |
17,259
+510
| +3% | +$79.1K |
|
2699
Donegal Group Class A
DGICA
$732M
| $2.76M | ﹤0.01% |
188,037
+1,543
| +0.8% | +$22.4K |
|
|
HMTV
2700
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $2.76M | ﹤0.01% |
225,561
+23
| +0% | +$285 |
|
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.