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 | |
|---|---|---|---|---|---|---|
|
DM
2901
DELISTED
Desktop Metal, Inc.
DM
| $1.97M | ﹤0.01% |
+20,000
| New | +$1.96M |
|
2902
Weyco Group
WEYS
$384M
| $1.96M | ﹤0.01% |
86,781
+1,270
| +1% | +$31.6K |
|
2903
Stagwell
STGW
$2.16B
| $1.96M | ﹤0.01% |
695,181
+369,742
| +114% | +$928K |
|
|
CMRX
2904
DELISTED
Chimerix, Inc.
CMRX
| $1.96M | ﹤0.01% |
834,358
+36,757
| +5% | +$106K |
|
2905
Transmedics
TMDX
$2.81B
| $1.96M | ﹤0.01% |
82,489
+3,863
| +5% | +$92.6K |
|
2906
Teekay Tankers
TNK
$2.8B
| $1.96M | ﹤0.01% |
188,146
+19,650
| +12% | +$186K |
|
2907
HDFC Bank
HDB
$124B
| $1.95M | ﹤0.01% |
68,396
+92
| +0.1% | +$2.62K |
|
2908
Unilever
UL
$137B
| $1.95M | ﹤0.01% |
28,813
-2,152
| -7% | -$149K |
|
2909
BCB Bancorp
BCBP
$171M
| $1.95M | ﹤0.01% |
151,599
+2,423
| +2% | +$30.6K |
|
2910
United Microelectronic
UMC
$46.8B
| $1.94M | ﹤0.01% |
916,993
+187,806
| +26% | +$400K |
|
2911
First Northwest Bancorp
FNWB
$108M
| $1.94M | ﹤0.01% |
111,897
+17,721
| +19% | +$288K |
|
2912
Genco Shipping & Trading
GNK
$1.15B
| $1.94M | ﹤0.01% |
210,666
+4,069
| +2% | +$38.7K |
|
|
CHMA
2913
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $1.94M | ﹤0.01% |
391,518
+80,573
| +26% | +$457K |
|
2914
Telecom Argentina
TEO
$5.98B
| $1.93M | ﹤0.01% |
193,871
+8,891
| +5% | +$117K |
|
|
FNHC
2915
DELISTED
FedNat Holding Company Common Stock
FNHC
| $1.91M | ﹤0.01% |
136,713
-246
| -0.2% | -$3.21K |
|
2916
Superior Group of Companies
SGC
$201M
| $1.91M | ﹤0.01% |
118,254
+3,107
| +3% | +$48.5K |
|
2917
TotalEnergies
TTE
$194B
| $1.91M | ﹤0.01% |
36,661
-3,423
| -9% | -$178K |
|
|
FRTA
2918
DELISTED
Forterra, Inc
FRTA
| $1.9M | ﹤0.01% |
263,346
+44,667
| +20% | +$288K |
|
|
PROS
2919
DELISTED
ProSight Global, Inc.
PROS
| $1.9M | ﹤0.01% |
+97,955
| New | +$1.79M |
|
2920
CorMedix
CRMD
$588M
| $1.89M | ﹤0.01% |
296,474
+3,474
| +1% | +$29.2K |
|
2921
KVH Industries
KVHI
$180M
| $1.89M | ﹤0.01% |
177,502
+2,379
| +1% | +$23.6K |
|
2922
Princeton Bancorp
BPRN
$289M
| $1.89M | ﹤0.01% |
64,913
+217
| +0.3% | +$6.03K |
|
2923
Peoples Bancorp of North Carolina
PEBK
$232M
| $1.89M | ﹤0.01% |
63,455
+131
| +0.2% | +$3.65K |
|
2924
Adicet Bio
ACET
$86.8M
| $1.88M | ﹤0.01% |
1,902
+126
| +7% | +$141K |
|
|
SBBX
2925
DELISTED
SB One Bancorp Common Stock
SBBX
| $1.88M | ﹤0.01% |
83,213
+1,330
| +2% | +$30.2K |
|
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.