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 | |
|---|---|---|---|---|---|---|
|
HONE
2201
DELISTED
HarborOne Bancorp
HONE
| $6.47M | ﹤0.01% |
643,311
+1,568
| +0.2% | +$16.2K |
|
|
WIFI
2202
DELISTED
Boingo Wireless, Inc.
WIFI
| $6.46M | ﹤0.01% |
582,445
+3,625
| +0.6% | +$51K |
|
2203
Phibro Animal Health
PAHC
$1.48B
| $6.45M | ﹤0.01% |
302,186
+10,839
| +4% | +$297K |
|
2204
Stratasys
SSYS
$764M
| $6.43M | ﹤0.01% |
301,976
-20,298
| -6% | -$512K |
|
|
UMH
2205
UMH Properties
UMH
$1.3B
| $6.42M | ﹤0.01% |
455,995
+19,937
| +5% | +$258K |
|
|
HTBK
2206
DELISTED
Heritage Commerce
HTBK
| $6.42M | ﹤0.01% |
546,074
-9,475
| -2% | -$113K |
|
2207
BrightView Holdings
BV
$1.22B
| $6.41M | ﹤0.01% |
373,579
+52,190
| +16% | +$963K |
|
|
BRY
2208
DELISTED
Berry Corp
BRY
| $6.4M | ﹤0.01% |
684,137
+67,563
| +11% | +$637K |
|
|
RC
2209
Ready Capital
RC
$287M
| $6.4M | ﹤0.01% |
402,210
-323
| -0.1% | -$4.9K |
|
|
ALTA
2210
DELISTED
Altabancorp
ALTA
| $6.39M | ﹤0.01% |
225,806
+3,678
| +2% | +$104K |
|
2211
Tredegar Corp
TG
$268M
| $6.38M | ﹤0.01% |
327,113
-5,339
| -2% | -$93.7K |
|
2212
Scorpio Tankers
STNG
$3.83B
| $6.38M | ﹤0.01% |
214,437
+8,948
| +4% | +$246K |
|
|
SHOE
2213
Shoe Station Group
SHOE
$422M
| $6.36M | ﹤0.01% |
392,414
-43,404
| -10% | -$603K |
|
|
WMC
2214
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $6.35M | ﹤0.01% |
65,788
+2,834
| +5% | +$280K |
|
2215
Haverty Furniture Companies
HVT
$455M
| $6.34M | ﹤0.01% |
312,948
-10,167
| -3% | -$192K |
|
2216
Simulations Plus
SLP
$371M
| $6.34M | ﹤0.01% |
182,794
-4,650
| -2% | -$164K |
|
2217
Alpha Metallurgical Resources
AMR
$1.78B
| $6.34M | ﹤0.01% |
226,628
+100,198
| +79% | +$3.48M |
|
2218
OneSpan
OSPN
$601M
| $6.32M | ﹤0.01% |
435,565
+17,319
| +4% | +$251K |
|
2219
Digimarc Corp
DMRC
$166M
| $6.31M | ﹤0.01% |
161,430
+9,073
| +6% | +$391K |
|
|
CONN
2220
DELISTED
Conn's Inc.
CONN
| $6.29M | ﹤0.01% |
252,909
-48,942
| -16% | -$1.03M |
|
2221
Future Fuel
FF
$216M
| $6.28M | ﹤0.01% |
526,114
+3,051
| +0.6% | +$34.8K |
|
|
STML
2222
DELISTED
Stemline Therapeutics, Inc.
STML
| $6.27M | ﹤0.01% |
602,441
+102,227
| +20% | +$1.34M |
|
2223
TG Therapeutics
TGTX
$7.46B
| $6.26M | ﹤0.01% |
1,115,345
+80,716
| +8% | +$563K |
|
|
BPY
2224
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $6.22M | ﹤0.01% |
306,513
-1,712
| -0.6% | -$33.1K |
|
2225
Lindblad Expeditions
LIND
$2.24B
| $6.22M | ﹤0.01% |
370,902
+1,826
| +0.5% | +$33.2K |
|
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.