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 | |
|---|---|---|---|---|---|---|
|
HAPN
1726
Happen Inc
HAPN
$2.37B
| $13.4M | ﹤0.01% |
1,021,320
-2,622
| -0.3% | -$37.9K |
|
|
DMC
1727
Del Monte Corp
DMC
$1.4B
| $13.3M | ﹤0.01% |
391,193
+13,548
| +4% | +$384K |
|
|
MTSC
1728
DELISTED
MTS Systems Corp
MTSC
| $13.3M | ﹤0.01% |
241,202
+3,883
| +2% | +$222K |
|
1729
ASML
ASML
$655B
| $13.3M | ﹤0.01% |
53,569
-404
| -0.7% | -$91K |
|
|
TIVO
1730
DELISTED
Tivo Inc
TIVO
| $13.3M | ﹤0.01% |
1,744,749
+17,996
| +1% | +$138K |
|
|
CVET
1731
DELISTED
Covetrus, Inc. Common Stock
CVET
| $13.2M | ﹤0.01% |
1,113,231
+17,006
| +2% | +$315K |
|
1732
John B. Sanfilippo & Son
JBSS
$999M
| $13.2M | ﹤0.01% |
136,906
+16,212
| +13% | +$1.41M |
|
1733
Patrick Industries
PATK
$2.78B
| $13.2M | ﹤0.01% |
461,372
+13,305
| +3% | +$369K |
|
1734
Chefs' Warehouse
CHEF
$4.49B
| $13.2M | ﹤0.01% |
327,059
+22,988
| +8% | +$861K |
|
|
KEM
1735
DELISTED
KEMET Corporation
KEM
| $13.1M | ﹤0.01% |
722,833
+10,105
| +1% | +$191K |
|
|
MRC
1736
DELISTED
MRC Global
MRC
| $13.1M | ﹤0.01% |
1,081,143
+73,467
| +7% | +$1.04M |
|
|
MOBL
1737
DELISTED
MobileIron, Inc.
MOBL
| $13.1M | ﹤0.01% |
2,001,486
+548,369
| +38% | +$3.74M |
|
1738
Extreme Networks
EXTR
$4.1B
| $13.1M | ﹤0.01% |
1,797,463
+118,279
| +7% | +$856K |
|
1739
MACOM Technology Solutions
MTSI
$20.4B
| $13.1M | ﹤0.01% |
607,510
+18,564
| +3% | +$363K |
|
1740
Abercrombie & Fitch
ANF
$4.83B
| $13.1M | ﹤0.01% |
836,635
+14,142
| +2% | +$236K |
|
1741
Kulicke & Soffa
KLIC
$4.85B
| $13M | ﹤0.01% |
555,642
+12,630
| +2% | +$277K |
|
|
BAND
1742
Bandwidth Inc
BAND
$1.45B
| $13M | ﹤0.01% |
200,200
+47,119
| +31% | +$3.67M |
|
1743
Lantheus
LNTH
$6.59B
| $13M | ﹤0.01% |
519,884
+2,483
| +0.5% | +$61.1K |
|
1744
Tradeweb Markets
TW
$21.6B
| $13M | ﹤0.01% |
351,451
+22,926
| +7% | +$1.01M |
|
|
EBIX
1745
DELISTED
Ebix Inc
EBIX
| $13M | ﹤0.01% |
308,675
+4,575
| +2% | +$192K |
|
1746
Chord Energy
CHRD
$7.67B
| $13M | ﹤0.01% |
3,755,669
+195,970
| +6% | +$773K |
|
|
ESPR
1747
DELISTED
Esperion Therapeutics
ESPR
| $12.9M | ﹤0.01% |
353,175
+4,129
| +1% | +$164K |
|
1748
Douglas Dynamics
PLOW
$1.04B
| $12.9M | ﹤0.01% |
289,831
+8,486
| +3% | +$355K |
|
1749
Denali Therapeutics
DNLI
$3.76B
| $12.9M | ﹤0.01% |
842,771
+19,138
| +2% | +$366K |
|
1750
Universal Insurance Holdings
UVE
$1.23B
| $12.9M | ﹤0.01% |
429,855
+8,144
| +2% | +$222K |
|
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.