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 | |
|---|---|---|---|---|---|---|
1901
Oil States International
OIS
$507M
| $10.3M | ﹤0.01% |
776,378
+36,405
| +5% | +$524K |
|
|
EPZM
1902
DELISTED
Epizyme, Inc
EPZM
| $10.3M | ﹤0.01% |
998,001
+40,329
| +4% | +$509K |
|
1903
Griffon
GFF
$4.29B
| $10.3M | ﹤0.01% |
489,330
+42,569
| +10% | +$760K |
|
1904
Tactile Systems Technology
TCMD
$680M
| $10.3M | ﹤0.01% |
242,476
+11,456
| +5% | +$592K |
|
|
RTEC
1905
DELISTED
Rudolph Technologies Inc
RTEC
| $10.3M | ﹤0.01% |
389,218
-27,219
| -7% | -$689K |
|
1906
Shutterstock
SSTK
$221M
| $10.2M | ﹤0.01% |
283,304
+30,231
| +12% | +$1.11M |
|
1907
Upland Software
UPLD
$13.4M
| $10.2M | ﹤0.01% |
29,320
+1,377
| +5% | +$572K |
|
1908
Omeros
OMER
$937M
| $10.2M | ﹤0.01% |
625,481
+8,184
| +1% | +$140K |
|
1909
AngioDynamics
ANGO
$628M
| $10.2M | ﹤0.01% |
553,740
-65,593
| -11% | -$1.28M |
|
1910
Pitney Bowes
PBI
$2.52B
| $10.2M | ﹤0.01% |
2,228,960
-25,782
| -1% | -$103K |
|
|
HSII
1911
DELISTED
Heidrick & Struggles
HSII
| $10.2M | ﹤0.01% |
372,992
-15,345
| -4% | -$432K |
|
1912
Community Trust Bancorp
CTBI
$1.44B
| $10.2M | ﹤0.01% |
238,830
+2,186
| +0.9% | +$89.8K |
|
|
NFBK
1913
DELISTED
Northfield Bancorp
NFBK
| $10.2M | ﹤0.01% |
633,016
+12,933
| +2% | +$203K |
|
1914
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
1915
1st Source
SRCE
$2.19B
| $10.1M | ﹤0.01% |
221,816
-22,828
| -9% | -$1.04M |
|
1916
Cass Information Systems
CASS
$729M
| $10.1M | ﹤0.01% |
187,337
+3,088
| +2% | +$158K |
|
1917
Washington Trust Bancorp
WASH
$761M
| $10.1M | ﹤0.01% |
209,272
+2,356
| +1% | +$115K |
|
|
ENDP
1918
DELISTED
Endo International plc
ENDP
| $10.1M | ﹤0.01% |
3,140,039
+108,894
| +4% | +$351K |
|
1919
WillScot Mobile Mini Holdings
WSC
$4.83B
| $10.1M | ﹤0.01% |
645,670
+87,178
| +16% | +$1.31M |
|
1920
Vanda Pharmaceuticals
VNDA
$321M
| $10.1M | ﹤0.01% |
757,239
+29,354
| +4% | +$409K |
|
1921
Vipshop
VIPS
$7.49B
| $10.1M | ﹤0.01% |
1,130,170
+130,324
| +13% | +$1.07M |
|
1922
Telus
TU
$15B
| $10M | ﹤0.01% |
567,200
+49,246
| +10% | +$896K |
|
1923
Virtus Investment Partners
VRTS
$1.11B
| $10M | ﹤0.01% |
90,760
-5,945
| -6% | -$639K |
|
|
GLUU
1924
DELISTED
Glu Mobile Inc.
GLUU
| $9.97M | ﹤0.01% |
1,998,864
-258,644
| -11% | -$1.48M |
|
|
CIR
1925
DELISTED
CIRCOR International, Inc
CIR
| $9.9M | ﹤0.01% |
263,631
+5,021
| +2% | +$191K |
|
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.