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 | |
|---|---|---|---|---|---|---|
2801
Parke Bancorp
PKBK
$400M
| $2.33M | ﹤0.01% |
115,544
+249
| +0.2% | +$5.14K |
|
2802
Riverview Bancorp
RVSB
$108M
| $2.33M | ﹤0.01% |
316,069
+1,217
| +0.4% | +$9.45K |
|
|
ZAGG
2803
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $2.33M | ﹤0.01% |
372,054
+8,876
| +2% | +$57.4K |
|
2804
Graham Corp
GHM
$1.16B
| $2.32M | ﹤0.01% |
116,973
+1,976
| +2% | +$38.7K |
|
|
SPNE
2805
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.32M | ﹤0.01% |
190,301
+200
| +0.1% | +$2.41K |
|
2806
NIO
NIO
$12.1B
| $2.32M | ﹤0.01% |
1,494,739
-168,902
| -10% | -$517K |
|
|
FCBP
2807
DELISTED
First Choice Bancorp Common Stock
FCBP
| $2.32M | ﹤0.01% |
108,707
+1,705
| +2% | +$36.9K |
|
2808
Fidelity D&D Bancorp
FDBC
$313M
| $2.31M | ﹤0.01% |
37,195
+5,807
| +19% | +$362K |
|
2809
Caesarstone
CSTE
$75.4M
| $2.31M | ﹤0.01% |
139,258
+1,734
| +1% | +$26.4K |
|
2810
Carlyle Group
CG
$17.6B
| $2.3M | ﹤0.01% |
89,974
-560
| -0.6% | -$13.4K |
|
|
HUD
2811
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $2.29M | ﹤0.01% |
187,049
+650
| +0.3% | +$8.05K |
|
|
DNBF
2812
DELISTED
DNB Financial Corp
DNBF
| $2.29M | ﹤0.01% |
51,542
+1,272
| +3% | +$55.6K |
|
2813
Alphatec Holdings
ATEC
$1.56B
| $2.29M | ﹤0.01% |
456,858
+191,184
| +72% | +$994K |
|
|
PCTI
2814
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $2.29M | ﹤0.01% |
272,901
+161,852
| +146% | +$959K |
|
2815
SAP
SAP
$219B
| $2.29M | ﹤0.01% |
19,428
+2,788
| +17% | +$345K |
|
2816
Nordic American Tanker
NAT
$1.36B
| $2.28M | ﹤0.01% |
1,057,239
+106,742
| +11% | +$215K |
|
|
PTN
2817
Palatin Technologies
PTN
$14.6M
| $2.28M | ﹤0.01% |
2,010
-301
| -13% | -$353K |
|
2818
Flexsteel Industries
FLXS
$317M
| $2.28M | ﹤0.01% |
153,708
-15,118
| -9% | -$246K |
|
2819
OptimizeRx
OPRX
$123M
| $2.28M | ﹤0.01% |
157,297
+17,402
| +12% | +$269K |
|
2820
Global Indemnity Group
GBLI
$402M
| $2.27M | ﹤0.01% |
91,019
+150
| +0.2% | +$4.06K |
|
|
GPX
2821
DELISTED
GP Strategies Corp.
GPX
| $2.27M | ﹤0.01% |
176,932
+3,154
| +2% | +$44.4K |
|
2822
First Capital
FCAP
$222M
| $2.27M | ﹤0.01% |
39,208
+7,248
| +23% | +$403K |
|
2823
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $2.27M | ﹤0.01% |
81,443
+2,524
| +3% | +$71.3K |
|
|
HPR
2824
DELISTED
HighPoint Resources Corporation
HPR
| $2.26M | ﹤0.01% |
28,474
+1,183
| +4% | +$82.3K |
|
|
CASI
2825
DELISTED
CASI Pharmaceuticals
CASI
| $2.26M | ﹤0.01% |
67,643
+1,428
| +2% | +$45.8K |
|
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.