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 | |
|---|---|---|---|---|---|---|
|
SAFE
1951
Safehold
SAFE
$1.16B
| $9.61M | ﹤0.01% |
151,270
-14,114
| -9% | -$887K |
|
|
TVRD
1952
Tvardi Therapeutics
TVRD
$19M
| $9.6M | ﹤0.01% |
14,591
+2,192
| +18% | +$1.82M |
|
1953
Chewy
CHWY
$9.87B
| $9.55M | ﹤0.01% |
+388,515
| New | +$12.2M |
|
1954
Astec Industries
ASTE
$1.2B
| $9.54M | ﹤0.01% |
306,652
+11,200
| +4% | +$341K |
|
|
UBA
1955
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $9.52M | ﹤0.01% |
401,705
-14,461
| -3% | -$316K |
|
|
UBNK
1956
DELISTED
United Financial Bancorp, Inc.
UBNK
| $9.51M | ﹤0.01% |
697,811
+10,360
| +2% | +$140K |
|
1957
Cerus
CERS
$441M
| $9.51M | ﹤0.01% |
1,844,702
+45,319
| +3% | +$243K |
|
|
THR
1958
DELISTED
Thermon Group Holdings
THR
| $9.48M | ﹤0.01% |
412,551
+6,103
| +2% | +$144K |
|
|
HNGR
1959
DELISTED
Hanger Inc.
HNGR
| $9.48M | ﹤0.01% |
465,206
+9,804
| +2% | +$184K |
|
|
ORIT
1960
DELISTED
Oritani Financial Corp. New
ORIT
| $9.47M | ﹤0.01% |
535,105
-5,700
| -1% | -$99.4K |
|
|
BMTC
1961
DELISTED
Bryn Mawr Bank Corp
BMTC
| $9.45M | ﹤0.01% |
258,774
+1,854
| +0.7% | +$66.7K |
|
|
RESI
1962
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $9.42M | ﹤0.01% |
815,209
+25,490
| +3% | +$295K |
|
|
WLH
1963
DELISTED
WILLIAM LYON HOMES
WLH
| $9.42M | ﹤0.01% |
462,826
+45,755
| +11% | +$856K |
|
1964
CrowdStrike
CRWD
$215B
| $9.41M | ﹤0.01% |
+645,308
| New | +$12.8M |
|
|
NSTG
1965
DELISTED
NanoString Technologies, Inc.
NSTG
| $9.4M | ﹤0.01% |
435,660
-44,483
| -9% | -$1.18M |
|
1966
AdvanSix
ASIX
$546M
| $9.38M | ﹤0.01% |
364,539
+4,119
| +1% | +$100K |
|
|
FOCS
1967
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $9.37M | ﹤0.01% |
393,692
+61,642
| +19% | +$1.52M |
|
|
IPHS
1968
DELISTED
Innophos Holdings, Inc.
IPHS
| $9.36M | ﹤0.01% |
288,429
+21,018
| +8% | +$606K |
|
|
AVX
1969
DELISTED
AVX Corporation
AVX
| $9.32M | ﹤0.01% |
613,281
+5,064
| +0.8% | +$76.4K |
|
|
DLPH
1970
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $9.32M | ﹤0.01% |
695,462
+8,333
| +1% | +$132K |
|
|
DCOM
1971
DELISTED
Dime Community Bancshares
DCOM
| $9.3M | ﹤0.01% |
434,312
+4,566
| +1% | +$91.7K |
|
|
BNFT
1972
DELISTED
Benefitfocus, Inc.
BNFT
| $9.28M | ﹤0.01% |
389,941
+24,948
| +7% | +$640K |
|
|
ALX
1973
Alexander's
ALX
$1.4B
| $9.27M | ﹤0.01% |
26,612
-14,739
| -36% | -$5.4M |
|
|
MCHB
1974
Mechanics Bancorp
MCHB
$3.7B
| $9.26M | ﹤0.01% |
339,051
-27,472
| -7% | -$762K |
|
|
AEGN
1975
DELISTED
Aegion Corp
AEGN
| $9.23M | ﹤0.01% |
431,689
+6,341
| +1% | +$123K |
|
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.