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 | |
|---|---|---|---|---|---|---|
|
ARQL
1876
DELISTED
Arqule Inc
ARQL
| $10.7M | ﹤0.01% |
1,494,190
+29,307
| +2% | +$275K |
|
1877
Liberty Media Series A
FWONA
$22.2B
| $10.7M | ﹤0.01% |
282,226
+1,329
| +0.5% | +$48.6K |
|
1878
Preferred Bank
PFBC
$1.27B
| $10.7M | ﹤0.01% |
204,013
+3,975
| +2% | +$202K |
|
1879
Stoneridge
SRI
$213M
| $10.7M | ﹤0.01% |
344,879
+8,945
| +3% | +$281K |
|
|
BRSL
1880
Brightstar Lottery PLC
BRSL
$2.08B
| $10.7M | ﹤0.01% |
751,115
+440,336
| +142% | +$5.84M |
|
1881
German American Bancorp
GABC
$1.92B
| $10.6M | ﹤0.01% |
332,224
+21,283
| +7% | +$656K |
|
|
AERI
1882
DELISTED
Aerie Pharmaceuticals
AERI
| $10.6M | ﹤0.01% |
553,693
+20,117
| +4% | +$461K |
|
|
CHCT
1883
Community Healthcare Trust
CHCT
$506M
| $10.6M | ﹤0.01% |
238,603
+9,048
| +4% | +$381K |
|
1884
TTEC Holdings
TTEC
$132M
| $10.6M | ﹤0.01% |
221,247
+3,164
| +1% | +$148K |
|
1885
Central Pacific Financial
CPF
$1.03B
| $10.6M | ﹤0.01% |
371,540
+11,505
| +3% | +$332K |
|
1886
Marcus Corp
MCS
$959M
| $10.5M | ﹤0.01% |
284,894
+9,927
| +4% | +$342K |
|
|
MODN
1887
DELISTED
MODEL N, INC.
MODN
| $10.5M | ﹤0.01% |
378,978
+16,302
| +4% | +$405K |
|
|
FIT
1888
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $10.5M | ﹤0.01% |
2,751,159
+87,321
| +3% | +$325K |
|
1889
Par Pacific Holdings
PARR
$4.16B
| $10.5M | ﹤0.01% |
458,312
+59,377
| +15% | +$1.31M |
|
1890
Century Communities
CCS
$2B
| $10.5M | ﹤0.01% |
341,281
+3,959
| +1% | +$110K |
|
1891
Onto Innovation
ONTO
$14.3B
| $10.4M | ﹤0.01% |
319,891
+7,337
| +2% | +$229K |
|
1892
NRC Health Common Stock
NRC
$434M
| $10.4M | ﹤0.01% |
180,542
+6,283
| +4% | +$389K |
|
1893
HealthStream
HSTM
$871M
| $10.4M | ﹤0.01% |
402,554
+2,714
| +0.7% | +$72.8K |
|
|
GES
1894
DELISTED
Guess Inc
GES
| $10.4M | ﹤0.01% |
562,123
-106,880
| -16% | -$1.78M |
|
1895
Univest Financial
UVSP
$1.24B
| $10.4M | ﹤0.01% |
407,362
+7,187
| +2% | +$186K |
|
|
DRNA
1896
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $10.4M | ﹤0.01% |
723,125
+12,412
| +2% | +$177K |
|
|
COOP
1897
DELISTED
Mr. Cooper
COOP
| $10.4M | ﹤0.01% |
976,347
+336,330
| +53% | +$3.02M |
|
|
SPWR
1898
DELISTED
SunPower Corporation Common Stock
SPWR
| $10.4M | ﹤0.01% |
1,441,900
+75,047
| +5% | +$619K |
|
|
GLDD
1899
DELISTED
Great Lakes Dredge & Dock
GLDD
| $10.4M | ﹤0.01% |
991,136
-69,807
| -7% | -$738K |
|
1900
Triumph Financial Inc
TFIN
$1.91B
| $10.3M | ﹤0.01% |
323,876
+5,778
| +2% | +$174K |
|
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.