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 | |
|---|---|---|---|---|---|---|
2151
Kinross Gold
KGC
$28B
| $7.01M | ﹤0.01% |
1,532,953
+233,797
| +18% | +$1.09M |
|
2152
Nicolet Bankshares
NIC
$3.67B
| $7.01M | ﹤0.01% |
105,315
+5,367
| +5% | +$346K |
|
|
AXDX
2153
DELISTED
Accelerate Diagnostics
AXDX
| $7M | ﹤0.01% |
37,696
+1,729
| +5% | +$334K |
|
2154
ADT
ADT
$5.76B
| $6.98M | ﹤0.01% |
1,112,678
-142,088
| -11% | -$806K |
|
2155
BP
BP
$109B
| $6.98M | ﹤0.01% |
183,647
+4,451
| +2% | +$170K |
|
2156
National CineMedia
NCMI
$392M
| $6.97M | ﹤0.01% |
85,070
+928
| +1% | +$69.3K |
|
2157
Team
TISI
$77.7M
| $6.97M | ﹤0.01% |
38,647
+674
| +2% | +$111K |
|
2158
Axsome Therapeutics
AXSM
$10.9B
| $6.96M | ﹤0.01% |
343,636
+38,999
| +13% | +$1M |
|
|
CTT
2159
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $6.96M | ﹤0.01% |
651,904
+50,067
| +8% | +$508K |
|
|
UCFC
2160
DELISTED
United Community Financial Corp
UCFC
| $6.94M | ﹤0.01% |
643,959
-11,296
| -2% | -$112K |
|
|
AD
2161
Array Digital Infrastructure
AD
$3.03B
| $6.93M | ﹤0.01% |
184,497
+15,874
| +9% | +$641K |
|
|
DHIL
2162
DELISTED
Diamond Hill
DHIL
| $6.9M | ﹤0.01% |
49,983
+2,682
| +6% | +$364K |
|
|
MLNX
2163
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $6.9M | ﹤0.01% |
62,968
+16,891
| +37% | +$1.86M |
|
2164
Monarch Casino & Resort
MCRI
$2.24B
| $6.9M | ﹤0.01% |
165,496
+1,399
| +0.9% | +$62.3K |
|
2165
Republic Bancorp
RBCAA
$1.95B
| $6.89M | ﹤0.01% |
158,487
+1,867
| +1% | +$85K |
|
2166
Matrix Service
MTRX
$336M
| $6.88M | ﹤0.01% |
401,629
-32,087
| -7% | -$604K |
|
2167
Peapack-Gladstone Financial
PGC
$827M
| $6.88M | ﹤0.01% |
245,497
+2,764
| +1% | +$77.5K |
|
|
ATRS
2168
DELISTED
Antares Pharma, Inc.
ATRS
| $6.86M | ﹤0.01% |
2,050,200
+101,862
| +5% | +$335K |
|
2169
Vicor
VICR
$9.85B
| $6.86M | ﹤0.01% |
232,219
+10,801
| +5% | +$333K |
|
2170
Rhythm Pharmaceuticals
RYTM
$7.26B
| $6.85M | ﹤0.01% |
317,273
+4,737
| +2% | +$102K |
|
2171
Travere Therapeutics
TVTX
$5.11B
| $6.82M | ﹤0.01% |
588,677
-39,561
| -6% | -$654K |
|
|
OPB
2172
DELISTED
Opus Bank Common Stock
OPB
| $6.82M | ﹤0.01% |
313,151
+4,339
| +1% | +$92K |
|
2173
Financial Institutions
FISI
$838M
| $6.81M | ﹤0.01% |
225,625
+4,377
| +2% | +$128K |
|
2174
TSMC
TSM
$2.16T
| $6.8M | ﹤0.01% |
146,112
+17,650
| +14% | +$753K |
|
2175
Ennis
EBF
$558M
| $6.8M | ﹤0.01% |
336,443
+12,839
| +4% | +$260K |
|
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.