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 | |
|---|---|---|---|---|---|---|
|
SRDX
1826
DELISTED
Surmodics
SRDX
| $11.7M | ﹤0.01% |
256,096
+11,030
| +5% | +$481K |
|
1827
Comtech Telecommunications
CMTL
$50.6M
| $11.7M | ﹤0.01% |
359,588
+553
| +0.2% | +$15.8K |
|
|
DBD
1828
DELISTED
Diebold Nixdorf Incorporated
DBD
| $11.7M | ﹤0.01% |
1,042,655
+46,831
| +5% | +$555K |
|
|
LMNX
1829
DELISTED
Luminex Corp
LMNX
| $11.7M | ﹤0.01% |
565,512
+7,467
| +1% | +$155K |
|
1830
Inogen
INGN
$187M
| $11.7M | ﹤0.01% |
243,601
+2,285
| +0.9% | +$119K |
|
1831
Stewart Information Services
STC
$2.1B
| $11.7M | ﹤0.01% |
300,450
-26,871
| -8% | -$1M |
|
1832
Standex International
SXI
$3.93B
| $11.6M | ﹤0.01% |
159,604
+4,115
| +3% | +$285K |
|
1833
Resources Connection
RGP
$158M
| $11.6M | ﹤0.01% |
683,996
+2,641
| +0.4% | +$44.4K |
|
|
PSDO
1834
DELISTED
Presidio, Inc. Common Stock
PSDO
| $11.6M | ﹤0.01% |
686,049
+10,679
| +2% | +$159K |
|
1835
ArcBest
ARCB
$3.23B
| $11.6M | ﹤0.01% |
380,696
+31,673
| +9% | +$912K |
|
|
CTWS
1836
DELISTED
Connecticut Water Service Inc
CTWS
| $11.5M | ﹤0.01% |
164,688
+2,989
| +2% | +$209K |
|
|
SJR
1837
DELISTED
Shaw Communications Inc.
SJR
| $11.5M | ﹤0.01% |
+590,256
| New | +$11.6M |
|
1838
Columbia Financial
CLBK
$1.12B
| $11.5M | ﹤0.01% |
729,629
+5,392
| +0.7% | +$83K |
|
1839
Agilysys
AGYS
$3.15B
| $11.5M | ﹤0.01% |
448,693
+160,345
| +56% | +$4.08M |
|
|
TELL
1840
DELISTED
Tellurian Inc.
TELL
| $11.5M | ﹤0.01% |
1,378,391
+53,741
| +4% | +$385K |
|
|
TUP
1841
DELISTED
Tupperware Brands Corporation
TUP
| $11.5M | ﹤0.01% |
721,717
+16,364
| +2% | +$253K |
|
|
CKH
1842
DELISTED
Seacor Holdings Inc.
CKH
| $11.4M | ﹤0.01% |
243,230
+8,033
| +3% | +$380K |
|
|
QEP
1843
DELISTED
QEP RESOURCES, INC.
QEP
| $11.4M | ﹤0.01% |
3,075,056
+76,585
| +3% | +$364K |
|
|
WUBA
1844
DELISTED
58.com Inc
WUBA
| $11.4M | ﹤0.01% |
231,787
+22,386
| +11% | +$1.24M |
|
1845
Sonos
SONO
$1.93B
| $11.3M | ﹤0.01% |
845,388
+348,488
| +70% | +$4.36M |
|
|
PR
1846
Permian Resources
PR
$17.1B
| $11.3M | ﹤0.01% |
2,507,693
+334,975
| +15% | +$1.8M |
|
1847
World Acceptance Corp
WRLD
$903M
| $11.3M | ﹤0.01% |
88,800
-3,894
| -4% | -$551K |
|
1848
Inspire Medical Systems
INSP
$1.84B
| $11.3M | ﹤0.01% |
184,968
+23,171
| +14% | +$1.53M |
|
1849
Ingles Markets
IMKTA
$1.74B
| $11.3M | ﹤0.01% |
290,415
+5,385
| +2% | +$191K |
|
|
MIK
1850
DELISTED
Michaels Stores, Inc
MIK
| $11.3M | ﹤0.01% |
1,150,234
-83,449
| -7% | -$623K |
|
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.