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 | |
|---|---|---|---|---|---|---|
3101
Consolidated Water Co
CWCO
$467M
| $1.24M | ﹤0.01% |
75,267
+6,116
| +9% | +$89.8K |
|
3102
Comscore
SCOR
$106M
| $1.24M | ﹤0.01% |
32,447
+323
| +1% | +$18.6K |
|
3103
Twin Disc
TWIN
$329M
| $1.24M | ﹤0.01% |
117,063
+351
| +0.3% | +$4.16K |
|
3104
Spero Therapeutics
SPRO
$67.7M
| $1.24M | ﹤0.01% |
116,782
+2,065
| +2% | +$21.8K |
|
3105
Concrete Pumping Holdings
BBCP
$490M
| $1.23M | ﹤0.01% |
309,221
+838
| +0.3% | +$3.54K |
|
3106
Gencor Industries
GENC
$209M
| $1.22M | ﹤0.01% |
105,475
+614
| +0.6% | +$7.43K |
|
3107
Ring Energy
REI
$315M
| $1.22M | ﹤0.01% |
746,514
+509
| +0.1% | +$1.09K |
|
|
HCR
3108
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $1.22M | ﹤0.01% |
+703,915
| New | +$1.35M |
|
|
USX
3109
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $1.22M | ﹤0.01% |
253,935
+34,725
| +16% | +$158K |
|
3110
Smith Micro Software
SMSI
$14.5M
| $1.22M | ﹤0.01% |
5,620
+989
| +21% | +$203K |
|
3111
VolitionRx Ltd
VNRX
$8.65M
| $1.22M | ﹤0.01% |
10,863
+4,497
| +71% | +$358K |
|
3112
Mustang Bio
MBIO
$4.32M
| $1.22M | ﹤0.01% |
498
-30
| -6% | -$82.1K |
|
|
SVM
3113
Silvercorp Metals
SVM
$2.07B
| $1.21M | ﹤0.01% |
+312,967
| New | +$1.12M |
|
3114
Tecnoglass Holdings Inc.
TGLS
$1.93B
| $1.21M | ﹤0.01% |
149,385
| – | – |
|
|
TRCB
3115
DELISTED
Two River Bancorp
TRCB
| $1.2M | ﹤0.01% |
57,650
+10,875
| +23% | +$188K |
|
|
LX
3116
LexinFintech Holdings
LX
$241M
| $1.19M | ﹤0.01% |
119,042
+64,001
| +116% | +$696K |
|
3117
Lifetime Brands
LCUT
$191M
| $1.19M | ﹤0.01% |
134,205
+3,981
| +3% | +$34.5K |
|
3118
Orion Group Holdings
ORN
$396M
| $1.19M | ﹤0.01% |
263,781
+45,215
| +21% | +$187K |
|
3119
Tilray
TLRY
$618M
| $1.19M | ﹤0.01% |
+4,793
| New | +$1.75M |
|
3120
Precision BioSciences
DTIL
$180M
| $1.18M | ﹤0.01% |
4,701
+122
| +3% | +$39.7K |
|
3121
Philips
PHG
$25.7B
| $1.18M | ﹤0.01% |
32,144
+11,016
| +52% | +$405K |
|
3122
Global Water Resources
GWRS
$206M
| $1.17M | ﹤0.01% |
99,187
+22,883
| +30% | +$270K |
|
|
AXAS
3123
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.17M | ﹤0.01% |
115,139
+1,859
| +2% | +$26.3K |
|
3124
Provident Financial
PROV
$111M
| $1.17M | ﹤0.01% |
56,145
+2,572
| +5% | +$53.4K |
|
|
CGC
3125
Canopy Growth
CGC
$387M
| $1.16M | ﹤0.01% |
5,216
+605
| +13% | +$185K |
|
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.