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 | |
|---|---|---|---|---|---|---|
1701
ePlus
PLUS
$2.51B
| $13.9M | ﹤0.01% |
364,982
+5,412
| +2% | +$209K |
|
1702
Mesa Laboratories
MLAB
$575M
| $13.9M | ﹤0.01% |
58,352
+4,398
| +8% | +$1.02M |
|
|
SGMO
1703
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $13.9M | ﹤0.01% |
1,532,968
+46,818
| +3% | +$525K |
|
1704
Tompkins Financial
TMP
$1.46B
| $13.8M | ﹤0.01% |
170,481
+605
| +0.4% | +$48.4K |
|
1705
Apogee Enterprises
APOG
$887M
| $13.8M | ﹤0.01% |
354,401
+5,907
| +2% | +$234K |
|
1706
Peabody Energy
BTU
$2.71B
| $13.8M | ﹤0.01% |
937,618
+2,510
| +0.3% | +$48.9K |
|
|
CLDT
1707
Chatham Lodging
CLDT
$619M
| $13.8M | ﹤0.01% |
759,354
+2,528
| +0.3% | +$44.9K |
|
1708
Enterprise Financial Services Corp
EFSC
$2.45B
| $13.8M | ﹤0.01% |
338,226
+22,345
| +7% | +$901K |
|
|
LTRPA
1709
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $13.8M | ﹤0.01% |
1,462,071
-95,699
| -6% | -$998K |
|
|
ODP
1710
DELISTED
ODP
ODP
| $13.7M | ﹤0.01% |
783,206
+14,753
| +2% | +$254K |
|
|
SWN
1711
DELISTED
Southwestern Energy Company
SWN
| $13.7M | ﹤0.01% |
7,103,252
+266,006
| +4% | +$571K |
|
|
WCN
1712
Waste Connections
WCN
$41.7B
| $13.7M | ﹤0.01% |
147,629
-680
| -0.5% | -$62.9K |
|
|
ZUO
1713
DELISTED
Zuora, Inc.
ZUO
| $13.7M | ﹤0.01% |
910,381
+399,574
| +78% | +$6.02M |
|
|
BPFH
1714
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $13.6M | ﹤0.01% |
1,170,358
+18,779
| +2% | +$211K |
|
|
FG
1715
DELISTED
FGL Holdings Ordinary Shares
FG
| $13.6M | ﹤0.01% |
1,707,038
-320,760
| -16% | -$2.55M |
|
|
FBC
1716
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $13.6M | ﹤0.01% |
363,317
+6,976
| +2% | +$245K |
|
|
PS
1717
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $13.5M | ﹤0.01% |
804,482
+187,827
| +30% | +$4.04M |
|
1718
Conduent
CNDT
$273M
| $13.5M | ﹤0.01% |
2,169,440
-34,121
| -2% | -$264K |
|
1719
CTS Corp
CTS
$1.92B
| $13.5M | ﹤0.01% |
416,829
+8,642
| +2% | +$258K |
|
|
TRTX
1720
TPG RE Finance Trust
TRTX
$616M
| $13.5M | ﹤0.01% |
679,016
+15,545
| +2% | +$307K |
|
|
EBSB
1721
DELISTED
Meridian Bancorp, Inc.
EBSB
| $13.5M | ﹤0.01% |
717,574
+15,230
| +2% | +$277K |
|
1722
Designer Brands
DBI
$339M
| $13.4M | ﹤0.01% |
785,032
-46,217
| -6% | -$784K |
|
1723
NETGEAR
NTGR
$656M
| $13.4M | ﹤0.01% |
416,609
+4,271
| +1% | +$134K |
|
1724
TriCo Bancshares
TCBK
$1.87B
| $13.4M | ﹤0.01% |
369,217
+2,323
| +0.6% | +$85.3K |
|
1725
Coeur Mining
CDE
$16.9B
| $13.4M | ﹤0.01% |
2,780,042
+225,137
| +9% | +$1.12M |
|
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.