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 | |
|---|---|---|---|---|---|---|
2126
Modine Manufacturing
MOD
$10.7B
| $7.24M | ﹤0.01% |
637,163
+22,214
| +4% | +$264K |
|
2127
Twist Bioscience
TWST
$6.19B
| $7.24M | ﹤0.01% |
303,343
+14,677
| +5% | +$427K |
|
2128
Midland States Bancorp
MSBI
$711M
| $7.22M | ﹤0.01% |
277,182
+8,898
| +3% | +$233K |
|
2129
QuinStreet
QNST
$897M
| $7.22M | ﹤0.01% |
573,233
+36,736
| +7% | +$501K |
|
2130
BridgeBio Pharma
BBIO
$15.7B
| $7.2M | ﹤0.01% |
+335,448
| New | +$9.28M |
|
2131
St. Joe Company
JOE
$3.64B
| $7.19M | ﹤0.01% |
419,774
-205,619
| -33% | -$3.65M |
|
|
TPC
2132
Tutor Perini Cor
TPC
$4.51B
| $7.19M | ﹤0.01% |
501,530
+1,167
| +0.2% | +$14.3K |
|
2133
Tidewater
TDW
$3.55B
| $7.18M | ﹤0.01% |
475,575
+12,961
| +3% | +$244K |
|
2134
Cohu
COHU
$2.5B
| $7.17M | ﹤0.01% |
530,710
+8,040
| +2% | +$112K |
|
2135
TechTarget
TTGT
$323M
| $7.11M | ﹤0.01% |
315,867
+17,966
| +6% | +$413K |
|
2136
AMC Entertainment Holdings
AMC
$2.39B
| $7.1M | ﹤0.01% |
66,346
+1,623
| +3% | +$177K |
|
2137
Cardlytics
CDLX
$23.6M
| $7.09M | ﹤0.01% |
21,150
+3,041
| +17% | +$975K |
|
2138
Regis Corp
RGS
$68.7M
| $7.08M | ﹤0.01% |
17,498
-629
| -3% | -$226K |
|
|
DNR
2139
DELISTED
Denbury Resources, Inc.
DNR
| $7.06M | ﹤0.01% |
5,932,712
+273,712
| +5% | +$316K |
|
2140
Adaptive Biotechnologies
ADPT
$3.68B
| $7.05M | ﹤0.01% |
+228,338
| New | +$9.32M |
|
2141
Mercantile Bank Corp
MBWM
$1.05B
| $7.05M | ﹤0.01% |
215,113
+3,003
| +1% | +$96.6K |
|
2142
QCR Holdings
QCRH
$1.71B
| $7.05M | ﹤0.01% |
185,772
+5,627
| +3% | +$204K |
|
2143
Golar LNG
GLNG
$5B
| $7.05M | ﹤0.01% |
542,527
+15,090
| +3% | +$222K |
|
|
XENT
2144
DELISTED
Intersect ENT, Inc
XENT
| $7.04M | ﹤0.01% |
413,930
+12,541
| +3% | +$228K |
|
|
TSG
2145
DELISTED
The Stars Group Inc.
TSG
| $7.04M | ﹤0.01% |
471,874
+37,065
| +9% | +$576K |
|
|
VAL
2146
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $7.03M | ﹤0.01% |
+1,461,573
| New | +$7.85M |
|
2147
Impinj
PI
$5.12B
| $7.02M | ﹤0.01% |
227,837
+38,667
| +20% | +$1.35M |
|
2148
Liberty Energy
LBRT
$3.1B
| $7.02M | ﹤0.01% |
648,465
+140,082
| +28% | +$1.72M |
|
|
FBMS
2149
DELISTED
The First Bancshares, Inc.
FBMS
| $7.01M | ﹤0.01% |
217,183
+43,285
| +25% | +$1.38M |
|
|
CPLG
2150
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $7.01M | ﹤0.01% |
693,966
+14,103
| +2% | +$152K |
|
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.