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 | |
|---|---|---|---|---|---|---|
|
HTB
2301
HomeTrust Bancshares
HTB
$871M
| $5.47M | ﹤0.01% |
209,680
-1,377
| -0.7% | -$35.1K |
|
|
GPOR
2302
DELISTED
Gulfport Energy Corp.
GPOR
| $5.47M | ﹤0.01% |
2,017,168
+1,375
| +0.1% | +$4.59K |
|
2303
Anterix
ATEX
$2.07B
| $5.46M | ﹤0.01% |
+150,956
| New | +$6.36M |
|
|
HOME
2304
DELISTED
At Home Group Inc.
HOME
| $5.46M | ﹤0.01% |
567,525
+143,837
| +34% | +$982K |
|
2305
Option Care Health
OPCH
$3.55B
| $5.44M | ﹤0.01% |
+425,181
| New | +$5.23M |
|
2306
Amerant Bancorp
AMTB
$1.16B
| $5.44M | ﹤0.01% |
259,241
+158,042
| +156% | +$2.9M |
|
2307
Viking Therapeutics
VKTX
$3.84B
| $5.42M | ﹤0.01% |
787,851
+47,550
| +6% | +$353K |
|
2308
Rocket Pharmaceuticals
RCKT
$376M
| $5.41M | ﹤0.01% |
464,651
+20,837
| +5% | +$259K |
|
2309
Elbit Systems
ESLT
$39.8B
| $5.38M | ﹤0.01% |
32,622
-136
| -0.4% | -$21.4K |
|
2310
BRC Group Holdings
RILY
$308M
| $5.37M | ﹤0.01% |
227,309
+4,469
| +2% | +$94.6K |
|
2311
Alector
ALEC
$171M
| $5.37M | ﹤0.01% |
372,241
+240,575
| +183% | +$4.34M |
|
2312
Cato Corp
CATO
$66.5M
| $5.37M | ﹤0.01% |
304,714
+10,839
| +4% | +$163K |
|
|
ZIXI
2313
DELISTED
Zix Corporation
ZIXI
| $5.35M | ﹤0.01% |
738,759
+6,805
| +0.9% | +$56.7K |
|
2314
Equity Bancshares
EQBK
$1.06B
| $5.34M | ﹤0.01% |
199,127
+5,360
| +3% | +$140K |
|
|
CLCT
2315
DELISTED
Collectors Universe
CLCT
| $5.33M | ﹤0.01% |
187,350
+28,295
| +18% | +$688K |
|
|
SEI
2316
Solaris Energy Infrastructure
SEI
$3.55B
| $5.33M | ﹤0.01% |
397,299
+9,488
| +2% | +$130K |
|
|
BZUN
2317
Baozun
BZUN
$176M
| $5.33M | ﹤0.01% |
125,278
+12,511
| +11% | +$595K |
|
|
YMAB
2318
DELISTED
Y-mAbs Therapeutics
YMAB
| $5.32M | ﹤0.01% |
204,202
+39,223
| +24% | +$1M |
|
2319
American Vanguard Corp
AVD
$71.2M
| $5.31M | ﹤0.01% |
338,113
+5,680
| +2% | +$83.4K |
|
|
VTLE
2320
DELISTED
Vital Energy
VTLE
| $5.31M | ﹤0.01% |
110,144
+11,315
| +11% | +$626K |
|
|
ROCC
2321
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $5.29M | ﹤0.01% |
182,142
+3,341
| +2% | +$104K |
|
|
AMAG
2322
DELISTED
AMAG Pharmaceuticals
AMAG
| $5.29M | ﹤0.01% |
458,019
+1,353
| +0.3% | +$14.2K |
|
2323
A10 Networks
ATEN
$2.21B
| $5.26M | ﹤0.01% |
757,918
+77,103
| +11% | +$555K |
|
|
ACRE
2324
Ares Commercial Real Estate
ACRE
$257M
| $5.25M | ﹤0.01% |
344,812
-9,289
| -3% | -$142K |
|
2325
PetMed Express
PETS
$42.5M
| $5.25M | ﹤0.01% |
291,353
+4,385
| +2% | +$72.4K |
|
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.