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 | |
|---|---|---|---|---|---|---|
|
ASRT
3151
DELISTED
Assertio
ASRT
| $1.1M | ﹤0.01% |
14,297
-180
| -1% | -$23.4K |
|
|
GBL
3152
DELISTED
GAMCO Investors, Inc.
GBL
| $1.09M | ﹤0.01% |
56,015
+4,315
| +8% | +$82.8K |
|
|
ISRL
3153
DELISTED
Isramco Inc
ISRL
| $1.09M | ﹤0.01% |
8,897
+14
| +0.2% | +$1.7K |
|
|
CEO
3154
DELISTED
CNOOC Limited
CEO
| $1.09M | ﹤0.01% |
7,149
+2,701
| +61% | +$425K |
|
|
EMD
3155
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $1.08M | ﹤0.01% |
78,078
-29,866
| -28% | -$420K |
|
|
NINE
3156
DELISTED
Nine Energy Service
NINE
| $1.08M | ﹤0.01% |
175,530
+17,845
| +11% | +$175K |
|
3157
Escalade
ESCA
$273M
| $1.08M | ﹤0.01% |
99,386
+616
| +0.6% | +$6.74K |
|
3158
Maui Land & Pineapple Co
MLP
$344M
| $1.07M | ﹤0.01% |
98,888
-1,956
| -2% | -$20.6K |
|
3159
MakeMyTrip
MMYT
$5.36B
| $1.07M | ﹤0.01% |
47,408
-376
| -0.8% | -$9.23K |
|
|
SPNS
3160
DELISTED
Sapiens International
SPNS
| $1.07M | ﹤0.01% |
54,436
-608
| -1% | -$10.6K |
|
|
MR
3161
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.06M | ﹤0.01% |
281,642
+50,147
| +22% | +$192K |
|
3162
Neuronetics
STIM
$138M
| $1.06M | ﹤0.01% |
127,690
+311
| +0.2% | +$3.4K |
|
|
SEAC
3163
DELISTED
Seachange International Inc
SEAC
| $1.06M | ﹤0.01% |
18,413
+9,017
| +96% | +$391K |
|
|
SHSP
3164
DELISTED
SharpSpring, Inc.
SHSP
| $1.06M | ﹤0.01% |
109,381
+12,557
| +13% | +$139K |
|
3165
Dyadic International
DYAI
$38.3M
| $1.06M | ﹤0.01% |
172,760
| – | – |
|
|
SRT
3166
DELISTED
Startek Inc.
SRT
| $1.05M | ﹤0.01% |
162,604
+16,950
| +12% | +$115K |
|
|
FONR
3167
DELISTED
Fonar
FONR
| $1.05M | ﹤0.01% |
50,761
-9,600
| -16% | -$221K |
|
3168
Kornit Digital
KRNT
$705M
| $1.05M | ﹤0.01% |
34,061
+3,271
| +11% | +$97.5K |
|
|
BRMK
3169
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $1.04M | ﹤0.01% |
+100,000
| New | +$1.04M |
|
|
AIFU
3170
AIFU Inc
AIFU
$206M
| $1.04M | ﹤0.01% |
98
| – | – |
|
3171
Colony Bankcorp
CBAN
$465M
| $1.03M | ﹤0.01% |
67,391
+4,757
| +8% | +$76.8K |
|
|
MBCN
3172
DELISTED
Middlefield Banc Corp
MBCN
| $1.03M | ﹤0.01% |
44,170
+552
| +1% | +$12.4K |
|
|
FINV
3173
FinVolution Group
FINV
$1.15B
| $1.03M | ﹤0.01% |
+355,402
| New | +$1.36M |
|
|
ELVT
3174
DELISTED
Elevate Credit, Inc.
ELVT
| $1.03M | ﹤0.01% |
244,498
-11,622
| -5% | -$51.6K |
|
|
QADB
3175
DELISTED
QAD Inc. Class B
QADB
| $1.02M | ﹤0.01% |
28,665
| – | – |
|
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.