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 | |
|---|---|---|---|---|---|---|
1676
Alamo Group
ALG
$1.99B
| $14.5M | ﹤0.01% |
123,089
+3,316
| +3% | +$359K |
|
1677
TFS Financial
TFSL
$5.17B
| $14.4M | ﹤0.01% |
801,423
-28,502
| -3% | -$511K |
|
|
MOMO
1678
Hello Group
MOMO
$879M
| $14.4M | ﹤0.01% |
467,998
+46,878
| +11% | +$1.59M |
|
1679
Helix Energy Solutions
HLX
$1.36B
| $14.4M | ﹤0.01% |
1,786,059
+38,395
| +2% | +$310K |
|
|
ANAT
1680
DELISTED
American National Group, Inc. Common Stock
ANAT
| $14.4M | ﹤0.01% |
116,272
-2,926
| -2% | -$349K |
|
|
GTY
1681
Getty Realty Corp
GTY
$2.1B
| $14.4M | ﹤0.01% |
447,947
+6,801
| +2% | +$210K |
|
|
TGI
1682
DELISTED
Triumph Group
TGI
| $14.4M | ﹤0.01% |
627,385
+3,125
| +0.5% | +$71.5K |
|
1683
Vodafone
VOD
$36.1B
| $14.4M | ﹤0.01% |
720,986
+7,584
| +1% | +$137K |
|
|
SRCI
1684
DELISTED
SRC Energy Inc
SRCI
| $14.3M | ﹤0.01% |
3,074,818
+94,325
| +3% | +$426K |
|
1685
Magnolia Oil & Gas
MGY
$5.96B
| $14.3M | ﹤0.01% |
1,285,201
+155,326
| +14% | +$1.67M |
|
1686
The RMR Group
RMR
$322M
| $14.2M | ﹤0.01% |
313,184
+115,024
| +58% | +$5.41M |
|
1687
Benchmark Electronics
BHE
$2.91B
| $14.2M | ﹤0.01% |
489,672
+11,034
| +2% | +$295K |
|
1688
Usana Health Sciences
USNA
$422M
| $14.2M | ﹤0.01% |
207,481
+2,606
| +1% | +$175K |
|
|
VRTU
1689
DELISTED
Virtusa Corporation
VRTU
| $14.1M | ﹤0.01% |
392,067
+16,244
| +4% | +$652K |
|
1690
United Fire Group
UFCS
$1.34B
| $14.1M | ﹤0.01% |
300,564
+6,474
| +2% | +$308K |
|
|
AVTA
1691
DELISTED
Avantax, Inc. Common Stock
AVTA
| $14.1M | ﹤0.01% |
652,083
+10,094
| +2% | +$254K |
|
1692
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $14.1M | ﹤0.01% |
507,476
-28,735
| -5% | -$811K |
|
1693
PennyMac Financial
PFSI
$3.97B
| $14M | ﹤0.01% |
461,907
-134,993
| -23% | -$3.64M |
|
|
NP
1694
DELISTED
Neenah, Inc. Common Stock
NP
| $14M | ﹤0.01% |
215,484
+6,903
| +3% | +$449K |
|
1695
Kearny Financial
KRNY
$610M
| $14M | ﹤0.01% |
1,074,519
-131,264
| -11% | -$1.72M |
|
1696
Huazhu Hotels Group
HTHT
$13.1B
| $13.9M | ﹤0.01% |
424,251
+29,775
| +8% | +$1M |
|
1697
Enanta Pharmaceuticals
ENTA
$377M
| $13.9M | ﹤0.01% |
232,112
+12,811
| +6% | +$952K |
|
|
AYR
1698
DELISTED
Aircastle Ltd
AYR
| $13.9M | ﹤0.01% |
621,006
-25,040
| -4% | -$538K |
|
|
TRHC
1699
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $13.9M | ﹤0.01% |
252,848
+15,372
| +6% | +$880K |
|
1700
Adeia
ADEA
$3.07B
| $13.9M | ﹤0.01% |
2,538,463
-63,368
| -2% | -$339K |
|
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.