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 | |
|---|---|---|---|---|---|---|
|
MAXR
2276
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $5.69M | ﹤0.01% |
748,209
+450,872
| +152% | +$3.58M |
|
|
CUTR
2277
DELISTED
Cutera, Inc.
CUTR
| $5.68M | ﹤0.01% |
194,262
+5,793
| +3% | +$159K |
|
|
CIVI
2278
DELISTED
Civitas Resources
CIVI
| $5.67M | ﹤0.01% |
253,422
+14,987
| +6% | +$333K |
|
2279
Donnelley Financial Solutions
DFIN
$1.22B
| $5.67M | ﹤0.01% |
460,284
-240
| -0.1% | -$2.98K |
|
2280
Methanex
MEOH
$4.14B
| $5.64M | ﹤0.01% |
158,849
-8,520
| -5% | -$315K |
|
2281
e.l.f. Beauty
ELF
$5.18B
| $5.63M | ﹤0.01% |
321,884
+32,854
| +11% | +$548K |
|
2282
Gates Industrial Corporation Ltd.
GTES
$7.55B
| $5.62M | ﹤0.01% |
558,588
-69,115
| -11% | -$678K |
|
|
AUD
2283
DELISTED
Audacy, Inc.
AUD
| $5.62M | ﹤0.01% |
1,683,943
+27,434
| +2% | +$123K |
|
2284
Expro Ltd
XPRO
$1.88B
| $5.62M | ﹤0.01% |
197,257
+13,827
| +8% | +$422K |
|
|
IMGN
2285
DELISTED
Immunogen Inc
IMGN
| $5.62M | ﹤0.01% |
2,320,698
+149,857
| +7% | +$398K |
|
2286
Green Plains
GPRE
$1.19B
| $5.61M | ﹤0.01% |
529,687
-668
| -0.1% | -$6.39K |
|
2287
CNB Financial Corp
CCNE
$1.06B
| $5.61M | ﹤0.01% |
195,383
+4,743
| +2% | +$130K |
|
2288
Winmark
WINA
$1.27B
| $5.61M | ﹤0.01% |
31,779
+696
| +2% | +$117K |
|
2289
The RealReal
REAL
$1.53B
| $5.59M | ﹤0.01% |
+249,925
| New | +$5.02M |
|
2290
IMAX
IMAX
$2.81B
| $5.58M | ﹤0.01% |
254,443
+8,257
| +3% | +$175K |
|
2291
Hawkins
HWKN
$2.79B
| $5.58M | ﹤0.01% |
262,418
+5,572
| +2% | +$122K |
|
2292
Beazer Homes USA
BZH
$910M
| $5.57M | ﹤0.01% |
373,848
-40,823
| -10% | -$492K |
|
|
OLP
2293
One Liberty Properties
OLP
$537M
| $5.54M | ﹤0.01% |
201,118
+3,357
| +2% | +$94.2K |
|
|
VRS
2294
DELISTED
Verso Corporation
VRS
| $5.53M | ﹤0.01% |
446,998
+22,858
| +5% | +$313K |
|
|
TPTX
2295
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $5.53M | ﹤0.01% |
147,019
+29,563
| +25% | +$1.29M |
|
|
LDL
2296
DELISTED
Lydall, Inc.
LDL
| $5.53M | ﹤0.01% |
221,837
-11,309
| -5% | -$242K |
|
2297
Talos Energy
TALO
$2.38B
| $5.52M | ﹤0.01% |
271,638
+6,713
| +3% | +$146K |
|
2298
DHT Holdings
DHT
$2.92B
| $5.52M | ﹤0.01% |
897,211
+449,705
| +100% | +$2.59M |
|
|
BFYT
2299
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $5.49M | ﹤0.01% |
220,172
-69,310
| -24% | -$1.46M |
|
|
CHNG
2300
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $5.48M | ﹤0.01% |
+453,828
| New | +$6.23M |
|
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.