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 | |
|---|---|---|---|---|---|---|
|
BIG
1801
DELISTED
Big Lots, Inc.
BIG
| $12.1M | ﹤0.01% |
494,305
+1,547
| +0.3% | +$36.8K |
|
1802
Anika Therapeutics
ANIK
$263M
| $12.1M | ﹤0.01% |
220,522
+1,836
| +0.8% | +$94.3K |
|
|
AHRT
1803
AH Realty Trust
AHRT
$538M
| $12M | ﹤0.01% |
664,090
-4,951
| -0.7% | -$85.7K |
|
1804
Cenovus Energy
CVE
$53B
| $12M | ﹤0.01% |
1,287,276
+158,256
| +14% | +$1.44M |
|
|
OSG
1805
Octave Specialty Group
OSG
$252M
| $12M | ﹤0.01% |
612,936
+24,316
| +4% | +$447K |
|
|
I
1806
DELISTED
INTELSAT S. A.
I
| $12M | ﹤0.01% |
525,472
-51,761
| -9% | -$1.09M |
|
1807
Theravance Biopharma
TBPH
$875M
| $11.9M | ﹤0.01% |
612,399
+26,658
| +5% | +$539K |
|
1808
3D Systems Corp
DDD
$575M
| $11.9M | ﹤0.01% |
1,463,526
+77,788
| +6% | +$628K |
|
|
SP
1809
DELISTED
SP Plus Corporation
SP
| $11.9M | ﹤0.01% |
322,252
-6,856
| -2% | -$239K |
|
1810
StoneX
SNEX
$9.13B
| $11.9M | ﹤0.01% |
1,467,315
+18,832
| +1% | +$148K |
|
|
RCM
1811
DELISTED
R1 RCM Inc. Common Stock
RCM
| $11.9M | ﹤0.01% |
1,332,443
+30,170
| +2% | +$356K |
|
|
TYPE
1812
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $11.9M | ﹤0.01% |
600,001
-28,595
| -5% | -$544K |
|
1813
STAAR Surgical
STAA
$1.21B
| $11.9M | ﹤0.01% |
459,908
+10,521
| +2% | +$320K |
|
1814
Primoris Services
PRIM
$4.92B
| $11.8M | ﹤0.01% |
604,024
+9,819
| +2% | +$196K |
|
1815
Interface
TILE
$2.01B
| $11.8M | ﹤0.01% |
818,318
+29,918
| +4% | +$391K |
|
1816
Brown-Forman Class A
BF.A
$13.2B
| $11.8M | ﹤0.01% |
197,557
+42,535
| +27% | +$2.43M |
|
1817
BJ's Restaurants
BJRI
$1.44B
| $11.8M | ﹤0.01% |
303,925
+36,136
| +13% | +$1.39M |
|
|
CSR
1818
Centerspace
CSR
$916M
| $11.8M | ﹤0.01% |
157,952
+5,640
| +4% | +$377K |
|
|
USCR
1819
DELISTED
U S Concrete, Inc.
USCR
| $11.8M | ﹤0.01% |
212,939
+9,813
| +5% | +$459K |
|
|
INFN
1820
DELISTED
Infinera Corporation Common Stock
INFN
| $11.7M | ﹤0.01% |
2,154,558
+51,706
| +2% | +$227K |
|
1821
Federal Agricultural Mortgage
AGM
$2.64B
| $11.7M | ﹤0.01% |
143,749
+3,018
| +2% | +$237K |
|
|
AIMT
1822
DELISTED
Aimmune Therapeutics
AIMT
| $11.7M | ﹤0.01% |
559,845
+13,298
| +2% | +$271K |
|
1823
Acushnet Holdings
GOLF
$6.07B
| $11.7M | ﹤0.01% |
443,836
+8,315
| +2% | +$218K |
|
|
DCH
1824
Dauch Corp
DCH
$1.43B
| $11.7M | ﹤0.01% |
1,425,303
+83,924
| +6% | +$763K |
|
1825
Great Southern Bancorp
GSBC
$890M
| $11.7M | ﹤0.01% |
205,673
+1,730
| +0.8% | +$99.9K |
|
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.