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 | |
|---|---|---|---|---|---|---|
3001
Amplify Energy
AMPY
$167M
| $1.61M | ﹤0.01% |
+260,841
| New | +$1.47M |
|
3002
Ocular Therapeutix
OCUL
$1.8B
| $1.61M | ﹤0.01% |
528,948
+73,663
| +16% | +$329K |
|
3003
Aldeyra Therapeutics
ALDX
$91.1M
| $1.61M | ﹤0.01% |
304,744
+955
| +0.3% | +$5.14K |
|
3004
Pioneer Bancorp
PBFS
$439M
| $1.6M | ﹤0.01% |
+127,872
| New | +$1.79M |
|
3005
Personalis
PSNL
$1.4B
| $1.59M | ﹤0.01% |
+108,675
| New | +$2.06M |
|
3006
Teekay
TK
$1.01B
| $1.59M | ﹤0.01% |
398,345
+24,535
| +7% | +$98.2K |
|
|
ESSA
3007
DELISTED
ESSA Bancorp
ESSA
| $1.59M | ﹤0.01% |
96,935
+11,536
| +14% | +$177K |
|
|
DOO
3008
Bombardier Recreational Products
DOO
$4.54B
| $1.58M | ﹤0.01% |
40,736
+16,736
| +70% | +$589K |
|
3009
Algonquin Power & Utilities
AQN
$4.45B
| $1.58M | ﹤0.01% |
+115,602
| New | +$1.49M |
|
3010
CRISPR Therapeutics
CRSP
$4.83B
| $1.58M | ﹤0.01% |
38,476
-224
| -0.6% | -$10.7K |
|
3011
Ascent Industries
ACNT
$138M
| $1.57M | ﹤0.01% |
98,472
+154
| +0.2% | +$2.46K |
|
|
FLNT
3012
Fluent
FLNT
$103M
| $1.57M | ﹤0.01% |
95,733
-2,166
| -2% | -$51.8K |
|
3013
Comstock Resources
CRK
$3.96B
| $1.56M | ﹤0.01% |
200,045
+7,295
| +4% | +$48.7K |
|
3014
Union Bankshares
UNB
$109M
| $1.55M | ﹤0.01% |
49,183
+625
| +1% | +$19.8K |
|
|
MMAC
3015
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.55M | ﹤0.01% |
51,756
+3,325
| +7% | +$102K |
|
3016
Barnes & Noble Education
BNED
$444M
| $1.55M | ﹤0.01% |
4,971
+13
| +0.3% | +$4.55K |
|
3017
Clearfield
CLFD
$426M
| $1.55M | ﹤0.01% |
130,855
+71
| +0.1% | +$869 |
|
3018
Flotek Industries
FTK
$933M
| $1.53M | ﹤0.01% |
115,891
+2,829
| +3% | +$43.1K |
|
3019
Ohio Valley Banc Corp
OVBC
$200M
| $1.53M | ﹤0.01% |
41,911
-152
| -0.4% | -$5.33K |
|
3020
SSR Mining
SSRM
$5.47B
| $1.53M | ﹤0.01% |
105,438
+10,272
| +11% | +$158K |
|
|
FNCB
3021
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.53M | ﹤0.01% |
195,610
+572
| +0.3% | +$4.39K |
|
3022
AB InBev
BUD
$166B
| $1.52M | ﹤0.01% |
15,993
+1,310
| +9% | +$124K |
|
3023
SPDR Gold Trust
GLD
$131B
| – | – |
0
| – | – |
|
3024
Lineage Cell Therapeutics
LCTX
$274M
| $1.51M | ﹤0.01% |
1,540,788
-4,381
| -0.3% | -$4.54K |
|
3025
iShares Core S&P 500 ETF
IVV
$883B
| – | – |
0
| – | – |
|
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.