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 | |
|---|---|---|---|---|---|---|
|
DLA
2951
DELISTED
Delta Apparel Inc.
DLA
| $1.8M | ﹤0.01% |
75,624
-765
| -1% | -$17K |
|
2952
Barclays
BCS
$93.3B
| $1.79M | ﹤0.01% |
244,531
+126,890
| +108% | +$918K |
|
2953
Natural Gas Services Group
NGS
$470M
| $1.78M | ﹤0.01% |
139,001
+3,207
| +2% | +$44K |
|
2954
Cue Biopharma
CUE
$113M
| $1.78M | ﹤0.01% |
7,024
+186
| +3% | +$44.7K |
|
2955
Cytosorbents Corp
CTSO
$22.7M
| $1.77M | ﹤0.01% |
352,761
+5,922
| +2% | +$34.5K |
|
2956
Franklin Financial Services
FRAF
$282M
| $1.77M | ﹤0.01% |
49,733
+9,710
| +24% | +$341K |
|
|
EVBN
2957
DELISTED
Evans Bancorp Inc
EVBN
| $1.76M | ﹤0.01% |
47,109
-134
| -0.3% | -$4.77K |
|
2958
Chemung Financial Corp
CHMG
$397M
| $1.76M | ﹤0.01% |
41,924
+81
| +0.2% | +$3.54K |
|
|
KALV
2959
DELISTED
KalVista Pharmaceuticals
KALV
| $1.76M | ﹤0.01% |
151,781
+9,912
| +7% | +$160K |
|
|
CALA
2960
DELISTED
Calithera Biosciences, Inc
CALA
| $1.76M | ﹤0.01% |
28,465
+4,829
| +20% | +$387K |
|
2961
EVI Industries
EVI
$185M
| $1.76M | ﹤0.01% |
55,080
+2,984
| +6% | +$99K |
|
|
PRTK
2962
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.76M | ﹤0.01% |
406,513
+13,491
| +3% | +$53.9K |
|
|
GIG.WS
2963
DELISTED
GigCapital, Inc. Warrants, each whole Warrant exercisable for one share of Common Stock at an exerci
GIG.WS
| $1.75M | ﹤0.01% |
2,585,200
+100,000
| +4% | +$31.3K |
|
2964
Titan International
TWI
$462M
| $1.75M | ﹤0.01% |
647,671
+11,482
| +2% | +$37.8K |
|
2965
Forum Energy Technologies
FET
$787M
| $1.74M | ﹤0.01% |
56,271
+2,125
| +4% | +$87.3K |
|
|
DSKE
2966
DELISTED
Daseke, Inc. Common Stock
DSKE
| $1.74M | ﹤0.01% |
695,555
+11,655
| +2% | +$32.8K |
|
2967
BHP
BHP
$212B
| $1.73M | ﹤0.01% |
39,255
+924
| +2% | +$43.2K |
|
|
MIME
2968
DELISTED
Mimecast Limited
MIME
| $1.73M | ﹤0.01% |
48,419
-352
| -0.7% | -$15.3K |
|
2969
Galectin Therapeutics
GALT
$200M
| $1.73M | ﹤0.01% |
470,556
+1,493
| +0.3% | +$5.4K |
|
|
TTSH
2970
DELISTED
Tile Shop Holdings
TTSH
| $1.72M | ﹤0.01% |
539,871
+16,250
| +3% | +$49.7K |
|
|
PAMT
2971
PAMT Corp
PAMT
$355M
| $1.72M | ﹤0.01% |
116,200
-228
| -0.2% | -$3.15K |
|
2972
AXT Inc
AXTI
$4.6B
| $1.72M | ﹤0.01% |
481,810
+12,897
| +3% | +$49.6K |
|
2973
Costamare
CMRE
$1.86B
| $1.72M | ﹤0.01% |
282,677
+57,585
| +26% | +$332K |
|
|
GSB
2974
DELISTED
GlobalSCAPE, Inc.
GSB
| $1.71M | ﹤0.01% |
148,776
+6,323
| +4% | +$73.3K |
|
|
NAGE
2975
Niagen Bioscience
NAGE
$277M
| $1.7M | ﹤0.01% |
433,171
+15,216
| +4% | +$64.9K |
|
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.