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 | |
|---|---|---|---|---|---|---|
|
CAJ
2826
DELISTED
Canon, Inc.
CAJ
| $2.26M | ﹤0.01% |
84,594
+35,954
| +74% | +$980K |
|
2827
BioLife Solutions
BLFS
$1.57B
| $2.25M | ﹤0.01% |
135,482
+2,138
| +2% | +$40.1K |
|
|
WOW
2828
DELISTED
WideOpenWest
WOW
| $2.25M | ﹤0.01% |
365,434
-159
| -0% | -$1.03K |
|
2829
Ericsson
ERIC
$33.1B
| $2.25M | ﹤0.01% |
281,796
+5,806
| +2% | +$49.5K |
|
2830
Lands' End
LE
$382M
| $2.25M | ﹤0.01% |
198,066
-17,781
| -8% | -$188K |
|
|
MFSF
2831
DELISTED
MutualFirst Financial Inc
MFSF
| $2.25M | ﹤0.01% |
71,279
+810
| +1% | +$25.7K |
|
2832
First Business Financial Services
FBIZ
$604M
| $2.24M | ﹤0.01% |
93,210
+156
| +0.2% | +$3.67K |
|
2833
Ambev
ABEV
$47.1B
| $2.24M | ﹤0.01% |
485,701
+337,450
| +228% | +$1.62M |
|
|
SRGA
2834
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.24M | ﹤0.01% |
26,228
+42
| +0.2% | +$4.48K |
|
|
GNC
2835
DELISTED
GNC Holdings, Inc.
GNC
| $2.24M | ﹤0.01% |
1,047,421
+2,521
| +0.2% | +$5.04K |
|
|
CBMG
2836
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $2.24M | ﹤0.01% |
150,790
+1,975
| +1% | +$26.6K |
|
2837
Revolve Group
RVLV
$1.86B
| $2.23M | ﹤0.01% |
+95,576
| New | +$2.73M |
|
2838
Tiptree Inc
TIPT
$658M
| $2.22M | ﹤0.01% |
304,795
+802
| +0.3% | +$5.42K |
|
2839
Talphera
TLPH
$69M
| $2.21M | ﹤0.01% |
50,230
+728
| +1% | +$35.8K |
|
2840
Victory Capital Holdings
VCTR
$6.49B
| $2.21M | ﹤0.01% |
143,571
+2,651
| +2% | +$45.4K |
|
|
VIA
2841
DELISTED
Viacom Inc. Class A
VIA
| $2.21M | ﹤0.01% |
84,074
-4,674
| -5% | -$145K |
|
2842
Kinetik
KNTK
$3.64B
| $2.2M | ﹤0.01% |
77,848
+5,059
| +7% | +$152K |
|
2843
Hawthorn Bancshares
HWBK
$271M
| $2.2M | ﹤0.01% |
107,893
+2,765
| +3% | +$56.7K |
|
|
NOAH
2844
Noah Holdings
NOAH
$584M
| $2.2M | ﹤0.01% |
75,733
+13,532
| +22% | +$431K |
|
2845
Seres Therapeutics
MCRB
$48.7M
| $2.2M | ﹤0.01% |
27,393
+4,338
| +19% | +$287K |
|
|
BELFB
2846
Bel Fuse Inc Class B
BELFB
$3.91B
| $2.19M | ﹤0.01% |
145,962
+801
| +0.6% | +$11.1K |
|
|
GAM
2847
General American Investors Company
GAM
$1.58B
| $2.18M | ﹤0.01% |
60,076
-88,419
| -60% | -$3.18M |
|
2848
Berkshire Hathaway Class A
BRK.A
$1.1T
| $2.18M | ﹤0.01% |
+7
| New | +$2.17M |
|
2849
IES Holdings
IESC
$14.4B
| $2.18M | ﹤0.01% |
105,812
+606
| +0.6% | +$11.5K |
|
2850
Uranium Energy
UEC
$4.93B
| $2.18M | ﹤0.01% |
2,233,240
+10,098
| +0.5% | +$10.2K |
|
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.