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 | |
|---|---|---|---|---|---|---|
2876
Marker Therapeutics
MRKR
$20.5M
| $2.06M | ﹤0.01% |
40,384
+2,738
| +7% | +$162K |
|
|
ZYXI
2877
DELISTED
Zynex
ZYXI
| $2.06M | ﹤0.01% |
238,510
+4,927
| +2% | +$40.2K |
|
|
RJET
2878
Republic Airways Holdings
RJET
$1.01B
| $2.06M | ﹤0.01% |
20,361
+7,648
| +60% | +$930K |
|
2879
United States Lime & Minerals
USLM
$3.23B
| $2.06M | ﹤0.01% |
134,670
-185
| -0.1% | -$2.97K |
|
|
AY
2880
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.05M | ﹤0.01% |
85,031
-949
| -1% | -$22.4K |
|
2881
NI Holdings
NODK
$318M
| $2.05M | ﹤0.01% |
119,484
+330
| +0.3% | +$5.59K |
|
2882
Crawford & Co Class A
CRD.A
$548M
| $2.04M | ﹤0.01% |
187,989
+29,157
| +18% | +$299K |
|
2883
Bassett Furniture
BSET
$169M
| $2.04M | ﹤0.01% |
133,358
+6,714
| +5% | +$88.6K |
|
|
ID
2884
DELISTED
PARTS iD, Inc.
ID
| $2.04M | ﹤0.01% |
200,000
| – | – |
|
2885
eGain
EGAN
$194M
| $2.03M | ﹤0.01% |
253,593
+5,032
| +2% | +$38.5K |
|
2886
Rockwell Medical
RMTI
$29.1M
| $2.03M | ﹤0.01% |
6,688
+321
| +5% | +$98.7K |
|
2887
Lexicon Pharmaceuticals
LXRX
$1.03B
| $2.02M | ﹤0.01% |
671,570
+18,588
| +3% | +$57.5K |
|
2888
Nuveen Credit Strategies Income Fund
JQC
$708M
| $2.01M | ﹤0.01% |
268,693
+9,847
| +4% | +$75.1K |
|
2889
Culp Inc
CULP
$45.1M
| $2.01M | ﹤0.01% |
123,163
+1,291
| +1% | +$21.4K |
|
2890
C&F Financial
CFFI
$273M
| $2M | ﹤0.01% |
38,092
+508
| +1% | +$25.9K |
|
|
UBX
2891
DELISTED
Unity Biotechnology
UBX
| $2M | ﹤0.01% |
32,840
+12,750
| +63% | +$902K |
|
2892
Surgery Partners
SGRY
$2.1B
| $2M | ﹤0.01% |
271,136
+10,116
| +4% | +$72.4K |
|
|
IIN
2893
DELISTED
IntriCon Corporation
IIN
| $2M | ﹤0.01% |
102,977
+3,863
| +4% | +$74.6K |
|
2894
First Bank
FRBA
$474M
| $2M | ﹤0.01% |
184,341
-7,006
| -4% | -$77.2K |
|
|
RLH
2895
DELISTED
Red Lions Hotel Corporation
RLH
| $2M | ﹤0.01% |
307,939
+742
| +0.2% | +$4.63K |
|
2896
American Superconductor
AMSC
$1.5B
| $1.99M | ﹤0.01% |
253,752
+4,314
| +2% | +$36.7K |
|
|
ZEUS
2897
DELISTED
Olympic Steel
ZEUS
| $1.98M | ﹤0.01% |
137,891
+16,663
| +14% | +$207K |
|
2898
Pure Cycle
PCYO
$258M
| $1.98M | ﹤0.01% |
192,661
+3,132
| +2% | +$33.4K |
|
|
FARM
2899
DELISTED
Farmer Brothers
FARM
| $1.98M | ﹤0.01% |
152,793
+5,755
| +4% | +$83.1K |
|
|
PTVCB
2900
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.98M | ﹤0.01% |
113,243
+1,228
| +1% | +$20.4K |
|
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.