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 | |
|---|---|---|---|---|---|---|
|
EVFM
3051
DELISTED
Evofem Biosciences, Inc. Common Stock
EVFM
| $1.42M | ﹤0.01% |
18,837
+11
| +0.1% | +$845 |
|
3052
Esquire Financial Holdings
ESQ
$1.14B
| $1.42M | ﹤0.01% |
57,326
+10,886
| +23% | +$260K |
|
3053
Bloom Energy
BE
$61.6B
| $1.42M | ﹤0.01% |
436,080
+15,900
| +4% | +$119K |
|
|
LEVL
3054
DELISTED
Level One Bancorp, Inc. Common Stock
LEVL
| $1.41M | ﹤0.01% |
58,597
+28,411
| +94% | +$679K |
|
3055
Kiniksa Pharmaceuticals
KNSA
$5.59B
| $1.41M | ﹤0.01% |
165,901
+3,792
| +2% | +$41.9K |
|
3056
Quince Therapeutics
QNCX
$23.7M
| $1.41M | ﹤0.01% |
283
+13
| +5% | +$80K |
|
3057
NextDecade
NEXT
$1.73B
| $1.4M | ﹤0.01% |
243,475
-539
| -0.2% | -$2.9K |
|
3058
OP Bancorp
OPBK
$242M
| $1.4M | ﹤0.01% |
142,901
+73,331
| +105% | +$701K |
|
3059
AstroNova
ALOT
$225M
| $1.4M | ﹤0.01% |
86,271
+76
| +0.1% | +$1.58K |
|
3060
Alico
ALCO
$281M
| $1.39M | ﹤0.01% |
40,913
+79
| +0.2% | +$2.5K |
|
|
TARO
3061
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.39M | ﹤0.01% |
18,436
+2,743
| +17% | +$223K |
|
3062
Grupo Aeroportuario Centro Norte
OMAB
$5.19B
| $1.38M | ﹤0.01% |
29,131
-7,340
| -20% | -$351K |
|
3063
Hamilton Beach Brands
HBB
$334M
| $1.38M | ﹤0.01% |
85,494
+139
| +0.2% | +$2.15K |
|
|
FFNW
3064
DELISTED
First Financial Northwest, Inc
FFNW
| $1.38M | ﹤0.01% |
93,557
-135
| -0.1% | -$1.93K |
|
|
OSG
3065
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.38M | ﹤0.01% |
789,467
-172,242
| -18% | -$309K |
|
3066
Ternium
TX
$9.48B
| $1.38M | ﹤0.01% |
71,975
+12,919
| +22% | +$257K |
|
3067
First Community Corp
FCCO
$328M
| $1.37M | ﹤0.01% |
70,249
-7,386
| -10% | -$140K |
|
3068
Saga Communications
SGA
$58.3M
| $1.37M | ﹤0.01% |
45,918
+511
| +1% | +$15.3K |
|
3069
Coastal Financial
CCB
$627M
| $1.36M | ﹤0.01% |
90,279
+49,308
| +120% | +$750K |
|
|
ADMS
3070
DELISTED
Adamas Pharmaceuticals
ADMS
| $1.36M | ﹤0.01% |
266,555
+1,686
| +0.6% | +$10.4K |
|
3071
iRadimed
IRMD
$1.18B
| $1.36M | ﹤0.01% |
64,801
+4,709
| +8% | +$96.1K |
|
3072
Airgain
AIRG
$74.5M
| $1.36M | ﹤0.01% |
115,728
+9,529
| +9% | +$119K |
|
|
YELL
3073
DELISTED
Yellow Corporation Common Stock
YELL
| $1.35M | ﹤0.01% |
448,091
+14,811
| +3% | +$46.6K |
|
|
AC
3074
DELISTED
Associated Capital Group
AC
| $1.35M | ﹤0.01% |
38,124
-61
| -0.2% | -$2.22K |
|
|
PRGX
3075
DELISTED
PRGX Global, Inc.
PRGX
| $1.35M | ﹤0.01% |
261,450
+234
| +0.1% | +$1.35K |
|
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.