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 | |
|---|---|---|---|---|---|---|
|
TBI
1851
Trueblue
TBI
$234M
| $11.2M | ﹤0.01% |
532,744
-55,885
| -9% | -$1.16M |
|
1852
Sonic Automotive
SAH
$2.79B
| $11.2M | ﹤0.01% |
357,461
-10,104
| -3% | -$273K |
|
|
SWI
1853
DELISTED
SolarWinds Corporation Common Stock
SWI
| $11.2M | ﹤0.01% |
574,511
+456,876
| +388% | +$8.68M |
|
|
VNE
1854
DELISTED
Veoneer, Inc.
VNE
| $11.2M | ﹤0.01% |
743,960
-105,406
| -12% | -$1.71M |
|
1855
Teck Resources
TECK
$31.8B
| $11.1M | ﹤0.01% |
679,839
+665,517
| +4,647% | +$12.6M |
|
|
FARO
1856
DELISTED
Faro Technologies
FARO
| $11.1M | ﹤0.01% |
229,913
+1,450
| +0.6% | +$73.2K |
|
1857
Marcus & Millichap
MMI
$1.17B
| $11.1M | ﹤0.01% |
312,961
-10,783
| -3% | -$368K |
|
1858
AnaptysBio
ANAB
$1.63B
| $11.1M | ﹤0.01% |
317,046
+3,390
| +1% | +$161K |
|
1859
Signet Jewelers
SIG
$3.78B
| $11.1M | ﹤0.01% |
660,810
-29,727
| -4% | -$467K |
|
1860
Columbus McKinnon
CMCO
$622M
| $11.1M | ﹤0.01% |
303,592
+14,973
| +5% | +$556K |
|
1861
Stock Yards Bancorp
SYBT
$2.65B
| $11M | ﹤0.01% |
300,645
+7,304
| +2% | +$266K |
|
1862
Upwork
UPWK
$1.2B
| $11M | ﹤0.01% |
824,178
+20,563
| +3% | +$314K |
|
|
CRZO
1863
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $10.9M | ﹤0.01% |
1,274,062
+146,971
| +13% | +$1.34M |
|
1864
PJT Partners
PJT
$4.38B
| $10.9M | ﹤0.01% |
268,608
+11,472
| +4% | +$462K |
|
1865
Opko Health
OPK
$978M
| $10.9M | ﹤0.01% |
5,227,059
+54,866
| +1% | +$112K |
|
|
CCF
1866
DELISTED
Chase Corporation
CCF
| $10.9M | ﹤0.01% |
99,773
+919
| +0.9% | +$94K |
|
|
TRST
1867
Trustco Bank Corp NY
TRST
$983M
| $10.9M | ﹤0.01% |
267,761
+6,127
| +2% | +$243K |
|
1868
Wabash National
WNC
$507M
| $10.9M | ﹤0.01% |
751,835
+19,631
| +3% | +$291K |
|
1869
Ethan Allen Interiors
ETD
$608M
| $10.9M | ﹤0.01% |
569,959
+53,757
| +10% | +$1.02M |
|
|
TCDA
1870
DELISTED
Tricida, Inc. Common Stock
TCDA
| $10.9M | ﹤0.01% |
352,124
+12,996
| +4% | +$435K |
|
1871
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| – | – |
0
| – | – |
|
|
LBAI
1872
DELISTED
Lakeland Bancorp Inc
LBAI
| $10.8M | ﹤0.01% |
699,046
+29,816
| +4% | +$464K |
|
|
WLL
1873
DELISTED
Whiting Petroleum Corporation
WLL
| $10.8M | ﹤0.01% |
17,878
+1,217
| +7% | +$1.03M |
|
|
TWOU
1874
DELISTED
2U Inc
TWOU
| $10.8M | ﹤0.01% |
22,036
+1,162
| +6% | +$835K |
|
1875
Hecla Mining
HL
$10.3B
| $10.7M | ﹤0.01% |
6,101,133
+24,623
| +0.4% | +$44.4K |
|
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.