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 | |
|---|---|---|---|---|---|---|
|
NOVA
2976
DELISTED
Sunnova Energy
NOVA
| $1.7M | ﹤0.01% |
+158,287
| New | +$1.71M |
|
2977
Eastern Company
EML
$146M
| $1.7M | ﹤0.01% |
68,451
+579
| +0.9% | +$14.5K |
|
2978
Genie Energy
GNE
$373M
| $1.7M | ﹤0.01% |
227,672
+13,255
| +6% | +$116K |
|
|
AKRO
2979
DELISTED
Akero Therapeutics
AKRO
| $1.7M | ﹤0.01% |
+74,531
| New | +$1.73M |
|
|
JAX
2980
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $1.69M | ﹤0.01% |
144,124
+465
| +0.3% | +$5.25K |
|
|
GFN
2981
DELISTED
General Finance Corporation
GFN
| $1.69M | ﹤0.01% |
191,047
+551
| +0.3% | +$4.4K |
|
|
TEUM
2982
DELISTED
Pareteum Corporation
TEUM
| $1.69M | ﹤0.01% |
1,306,264
+209,008
| +19% | +$549K |
|
2983
MainStreet Bancshares
MNSB
$167M
| $1.68M | ﹤0.01% |
79,701
+9,790
| +14% | +$213K |
|
|
NIHD
2984
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $1.68M | ﹤0.01% |
854,834
-164,136
| -16% | -$288K |
|
2985
argenx
ARGX
$52B
| $1.67M | ﹤0.01% |
14,674
-32
| -0.2% | -$4.33K |
|
2986
Workhorse Group
WKHS
$32.8M
| $1.66M | ﹤0.01% |
159
| – | – |
|
|
CSLT
2987
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $1.66M | ﹤0.01% |
1,174,050
+131,543
| +13% | +$262K |
|
|
STEX
2988
Streamex Corp
STEX
$78M
| $1.65M | ﹤0.01% |
20,004
+1,149
| +6% | +$89.1K |
|
2989
Plains GP Holdings
PAGP
$5.16B
| $1.65M | ﹤0.01% |
78,617
+63,802
| +431% | +$1.47M |
|
|
BBL
2990
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $1.64M | ﹤0.01% |
38,418
+7,722
| +25% | +$352K |
|
2991
MeiraGTx Holdings
MGTX
$1.09B
| $1.64M | ﹤0.01% |
102,850
+2,569
| +3% | +$59.8K |
|
|
AFMD
2992
DELISTED
Affimed
AFMD
| $1.64M | ﹤0.01% |
55,679
-22,428
| -29% | -$667K |
|
2993
Rio Tinto
RIO
$155B
| $1.63M | ﹤0.01% |
31,289
-3,561
| -10% | -$193K |
|
|
WHLRD
2994
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
| – | – |
0
| – | – |
|
|
PMBC
2995
DELISTED
Pacific Mercantile Bancorp
PMBC
| $1.62M | ﹤0.01% |
216,315
+18,398
| +9% | +$145K |
|
2996
Acacia Research
ACTG
$430M
| $1.62M | ﹤0.01% |
604,291
-1,519
| -0.3% | -$4.24K |
|
2997
GSI Technology
GSIT
$226M
| $1.62M | ﹤0.01% |
184,752
+14,414
| +8% | +$121K |
|
|
AT
2998
DELISTED
Atlantic Power Corporation
AT
| $1.62M | ﹤0.01% |
692,245
-23,940
| -3% | -$57.5K |
|
|
ACOR
2999
DELISTED
Acorda Therapeutics
ACOR
| $1.62M | ﹤0.01% |
4,693
-620
| -12% | -$337K |
|
|
CLPR
3000
Clipper Realty
CLPR
$45.1M
| $1.61M | ﹤0.01% |
157,908
-91
| -0.1% | -$996 |
|
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.