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 | |
|---|---|---|---|---|---|---|
2776
British American Tobacco
BTI
$128B
| $2.42M | ﹤0.01% |
68,719
-3,503
| -5% | -$128K |
|
|
REV
2777
DELISTED
Revlon, Inc.
REV
| $2.42M | ﹤0.01% |
102,833
-1,798
| -2% | -$33.9K |
|
2778
Equinor
EQNR
$94.8B
| $2.41M | ﹤0.01% |
127,375
-6,521
| -5% | -$120K |
|
|
BOCH
2779
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $2.41M | ﹤0.01% |
221,642
+311
| +0.1% | +$3.26K |
|
|
UNT
2780
DELISTED
UNIT Corporation
UNT
| $2.41M | ﹤0.01% |
713,067
+13,667
| +2% | +$67.3K |
|
2781
Altisource Portfolio Solutions
ASPS
$63.7M
| $2.4M | ﹤0.01% |
14,868
-174
| -1% | -$28.5K |
|
|
GSKY
2782
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $2.4M | ﹤0.01% |
351,300
+1,476
| +0.4% | +$13.2K |
|
2783
Spyre Therapeutics
SYRE
$8.24B
| $2.4M | ﹤0.01% |
12,499
+536
| +4% | +$104K |
|
|
TDF
2784
Templeton Dragon Fund
TDF
$271M
| $2.4M | ﹤0.01% |
133,915
-30,689
| -19% | -$576K |
|
|
SBT
2785
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $2.4M | ﹤0.01% |
245,471
+3,562
| +1% | +$34.7K |
|
2786
Entravision Communication
EVC
$1.02B
| $2.39M | ﹤0.01% |
752,010
-78,131
| -9% | -$246K |
|
2787
Sony
SONY
$133B
| $2.39M | ﹤0.01% |
201,835
+93,740
| +87% | +$1.06M |
|
|
AGNT
2788
AGNT Inc
AGNT
$674M
| $2.38M | ﹤0.01% |
568,880
-251,972
| -31% | -$1.2M |
|
2789
Solid Biosciences
SLDB
$790M
| $2.38M | ﹤0.01% |
15,317
+2,066
| +16% | +$234K |
|
|
SLCT
2790
DELISTED
Select Bancorp, Inc.
SLCT
| $2.38M | ﹤0.01% |
204,823
+34,949
| +21% | +$389K |
|
2791
Mid Penn Bancorp
MPB
$970M
| $2.37M | ﹤0.01% |
92,624
+401
| +0.4% | +$10K |
|
2792
Pampa Energía
PAM
$4.66B
| $2.37M | ﹤0.01% |
137,453
-386
| -0.3% | -$9.14K |
|
|
LBC
2793
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $2.37M | ﹤0.01% |
209,020
+4,568
| +2% | +$49.8K |
|
2794
Fastly Inc
FSLY
$3.6B
| $2.37M | ﹤0.01% |
98,594
+10,007
| +11% | +$236K |
|
2795
Northeast Bank
NBN
$1.13B
| $2.37M | ﹤0.01% |
106,719
-103
| -0.1% | -$2.19K |
|
2796
Luxfer Holdings
LXFR
$459M
| $2.36M | ﹤0.01% |
151,634
+13,386
| +10% | +$246K |
|
2797
Pulse Biosciences
PLSE
$2.61B
| $2.36M | ﹤0.01% |
152,910
+2,325
| +2% | +$30.2K |
|
|
CS
2798
DELISTED
Credit Suisse Group
CS
| $2.36M | ﹤0.01% |
193,041
+136,256
| +240% | +$1.64M |
|
2799
Stellantis
STLA
$21.3B
| $2.35M | ﹤0.01% |
+181,837
| New | +$2.43M |
|
2800
Forestar Group
FOR
$1.47B
| $2.35M | ﹤0.01% |
128,310
+2,008
| +2% | +$39.4K |
|
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.