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 | |
|---|---|---|---|---|---|---|
2001
CEVA Inc
CEVA
$1.01B
| $8.87M | ﹤0.01% |
297,147
+9,495
| +3% | +$277K |
|
2002
Icahn Enterprises
IEP
$5.22B
| $8.87M | ﹤0.01% |
138,100
-688
| -0.5% | -$48.9K |
|
2003
MGP Ingredients
MGPI
$370M
| $8.85M | ﹤0.01% |
178,240
+5,091
| +3% | +$286K |
|
2004
WisdomTree
WT
$3.21B
| $8.85M | ﹤0.01% |
1,693,774
+26,888
| +2% | +$152K |
|
|
HT
2005
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.81M | ﹤0.01% |
592,127
+10,172
| +2% | +$155K |
|
|
CMO
2006
DELISTED
Capstead Mortgage Corp.
CMO
| $8.8M | ﹤0.01% |
1,197,095
+118,486
| +11% | +$952K |
|
|
CJ
2007
DELISTED
C&J Energy Services, Inc.
CJ
| $8.78M | ﹤0.01% |
818,272
+54,577
| +7% | +$567K |
|
|
SLCA
2008
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $8.75M | ﹤0.01% |
915,561
+8,353
| +0.9% | +$96.3K |
|
2009
ProPetro Holding
PUMP
$1.37B
| $8.75M | ﹤0.01% |
962,241
+10,719
| +1% | +$149K |
|
2010
Dillards
DDS
$9.57B
| $8.72M | ﹤0.01% |
131,890
-57,152
| -30% | -$3.66M |
|
2011
National Beverage
FIZZ
$2.95B
| $8.72M | ﹤0.01% |
392,978
+9,574
| +2% | +$207K |
|
|
MAGN
2012
Magnera Corp
MAGN
$489M
| $8.7M | ﹤0.01% |
43,496
+1,176
| +3% | +$235K |
|
|
PVTL
2013
DELISTED
Pivotal Software, Inc.
PVTL
| $8.67M | ﹤0.01% |
581,090
+2,735
| +0.5% | +$33.5K |
|
|
TEN
2014
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $8.64M | ﹤0.01% |
689,800
+14,810
| +2% | +$151K |
|
|
AAWW
2015
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $8.6M | ﹤0.01% |
340,953
+17,283
| +5% | +$564K |
|
|
SWCH
2016
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $8.59M | ﹤0.01% |
550,128
+13,208
| +2% | +$196K |
|
|
WAIR
2017
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $8.59M | ﹤0.01% |
780,114
-170,884
| -18% | -$1.85M |
|
|
PFC
2018
DELISTED
Premier Financial Corp. Common Stock
PFC
| $8.57M | ﹤0.01% |
296,089
+13,300
| +5% | +$368K |
|
2019
LeMaitre Vascular
LMAT
$2.37B
| $8.57M | ﹤0.01% |
250,805
+17,140
| +7% | +$548K |
|
2020
Imperial Oil
IMO
$61.6B
| $8.55M | ﹤0.01% |
329,476
+39,784
| +14% | +$1.05M |
|
2021
Zumiez
ZUMZ
$345M
| $8.55M | ﹤0.01% |
269,926
+11,372
| +4% | +$300K |
|
2022
Cooper-Standard Automotive
CPS
$538M
| $8.55M | ﹤0.01% |
209,085
+4,126
| +2% | +$173K |
|
|
BFS
2023
Saul Centers
BFS
$842M
| $8.51M | ﹤0.01% |
156,181
-3,595
| -2% | -$192K |
|
2024
ANI Pharmaceuticals
ANIP
$1.8B
| $8.51M | ﹤0.01% |
116,797
+784
| +0.7% | +$58.7K |
|
2025
Tootsie Roll Industries
TR
$2.96B
| $8.5M | ﹤0.01% |
281,372
-29,138
| -9% | -$878K |
|
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.