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 | |
|---|---|---|---|---|---|---|
|
EVOP
1776
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $12.5M | ﹤0.01% |
443,916
+65,258
| +17% | +$1.92M |
|
1777
Seaboard Corp
SEB
$4.16B
| $12.5M | ﹤0.01% |
2,853
-214
| -7% | -$874K |
|
1778
Caleres
CAL
$487M
| $12.5M | ﹤0.01% |
532,908
+8,861
| +2% | +$167K |
|
1779
Scansource
SCSC
$1.2B
| $12.4M | ﹤0.01% |
407,337
+11,288
| +3% | +$351K |
|
|
FOE
1780
DELISTED
Ferro Corporation
FOE
| $12.4M | ﹤0.01% |
1,045,777
+28,779
| +3% | +$365K |
|
1781
Warrior Met Coal
HCC
$4.32B
| $12.4M | ﹤0.01% |
635,185
+22,958
| +4% | +$514K |
|
1782
Boot Barn
BOOT
$4.96B
| $12.4M | ﹤0.01% |
354,664
+6,806
| +2% | +$227K |
|
|
NXRT
1783
NexPoint Residential Trust
NXRT
$652M
| $12.4M | ﹤0.01% |
264,683
+902
| +0.3% | +$40.3K |
|
1784
Greif
GEF
$5.04B
| $12.3M | ﹤0.01% |
325,275
-5,127
| -2% | -$179K |
|
1785
Addus HomeCare
ADUS
$2.15B
| $12.3M | ﹤0.01% |
155,434
+19,607
| +14% | +$1.59M |
|
1786
Myers Industries
MYE
$1.37B
| $12.3M | ﹤0.01% |
697,323
+5,448
| +0.8% | +$93.1K |
|
1787
Virtu Financial
VIRT
$5.19B
| $12.3M | ﹤0.01% |
751,861
+119,659
| +19% | +$2.39M |
|
1788
Kadant
KAI
$3.96B
| $12.3M | ﹤0.01% |
140,101
+3,497
| +3% | +$300K |
|
|
LTHM
1789
DELISTED
Livent Corporation
LTHM
| $12.3M | ﹤0.01% |
1,838,442
-65,810
| -3% | -$442K |
|
1790
Goosehead Insurance
GSHD
$2.37B
| $12.3M | ﹤0.01% |
249,031
+1,416
| +0.6% | +$65.1K |
|
1791
Unitil
UTL
$956M
| $12.3M | ﹤0.01% |
193,406
-1,728
| -0.9% | -$104K |
|
|
KL
1792
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $12.3M | ﹤0.01% |
274,616
-1,699
| -0.6% | -$77.6K |
|
|
SPPI
1793
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $12.2M | ﹤0.01% |
1,470,883
+57,310
| +4% | +$464K |
|
1794
PG&E
PCG
$38.3B
| $12.2M | ﹤0.01% |
1,219,525
+24,635
| +2% | +$373K |
|
|
RARX
1795
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $12.2M | ﹤0.01% |
515,377
+68,389
| +15% | +$2.03M |
|
1796
The Greenbrier Companies
GBX
$1.55B
| $12.2M | ﹤0.01% |
404,626
+7,025
| +2% | +$190K |
|
|
CPE
1797
DELISTED
Callon Petroleum Company
CPE
| $12.2M | ﹤0.01% |
280,730
-209
| -0.1% | -$10.2K |
|
1798
Autohome
ATHM
$2.65B
| $12.2M | ﹤0.01% |
147,045
+10,710
| +8% | +$918K |
|
1799
Artivion
AORT
$1.31B
| $12.2M | ﹤0.01% |
447,633
+14,898
| +3% | +$422K |
|
|
MODV
1800
DELISTED
ModivCare
MODV
| $12.1M | ﹤0.01% |
203,958
-2,888
| -1% | -$165K |
|
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.