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 | |
|---|---|---|---|---|---|---|
|
AKRX
2351
DELISTED
Akorn Inc
AKRX
| $4.95M | ﹤0.01% |
1,303,506
+9,576
| +0.7% | +$34.2K |
|
2352
PDF Solutions
PDFS
$2.14B
| $4.95M | ﹤0.01% |
378,444
+5,103
| +1% | +$64.4K |
|
2353
Forrester Research
FORR
$228M
| $4.94M | ﹤0.01% |
153,740
+2,614
| +2% | +$103K |
|
2354
Byline Bancorp
BY
$1.81B
| $4.93M | ﹤0.01% |
276,039
+41,803
| +18% | +$758K |
|
2355
Orion
OEC
$377M
| $4.93M | ﹤0.01% |
295,295
+13,060
| +5% | +$214K |
|
2356
Infosys
INFY
$51B
| $4.93M | ﹤0.01% |
437,395
+18,026
| +4% | +$203K |
|
|
CCRN
2357
DELISTED
Cross Country Healthcare
CCRN
| $4.93M | ﹤0.01% |
478,383
+24,837
| +5% | +$244K |
|
|
BCOV
2358
DELISTED
Brightcove, Inc.
BCOV
| $4.91M | ﹤0.01% |
468,726
+23,179
| +5% | +$267K |
|
2359
Capital City Bank Group
CCBG
$902M
| $4.91M | ﹤0.01% |
178,731
+3,982
| +2% | +$101K |
|
|
ACH
2360
Accendra Health
ACH
$231M
| $4.9M | ﹤0.01% |
844,231
+58,052
| +7% | +$260K |
|
|
ITCI
2361
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.87M | ﹤0.01% |
652,371
+7,957
| +1% | +$76.3K |
|
|
AMNB
2362
DELISTED
American National Bankshares Inc
AMNB
| $4.85M | ﹤0.01% |
136,808
+22,156
| +19% | +$787K |
|
|
ACR
2363
ACRES Commercial Realty
ACR
$109M
| $4.85M | ﹤0.01% |
142,140
-7,376
| -5% | -$252K |
|
2364
PagSeguro Digital
PAGS
$2.65B
| $4.84M | ﹤0.01% |
104,639
-5,513
| -5% | -$256K |
|
|
RST
2365
DELISTED
ROSETTA STONE INC
RST
| $4.83M | ﹤0.01% |
277,863
-20,833
| -7% | -$420K |
|
2366
Utah Medical Products
UTMD
$231M
| $4.83M | ﹤0.01% |
50,392
-1,974
| -4% | -$183K |
|
2367
Heritage Insurance Holdings
HRTG
$905M
| $4.83M | ﹤0.01% |
322,794
+14,849
| +5% | +$216K |
|
|
TRUE
2368
DELISTED
TrueCar
TRUE
| $4.81M | ﹤0.01% |
1,414,547
+30,280
| +2% | +$134K |
|
|
ANH
2369
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $4.81M | ﹤0.01% |
1,456,766
-1,425
| -0.1% | -$5.09K |
|
2370
Unisys
UIS
$217M
| $4.8M | ﹤0.01% |
646,600
+25,245
| +4% | +$225K |
|
|
MOFG
2371
DELISTED
MidWestOne Financial Group
MOFG
| $4.8M | ﹤0.01% |
157,161
-7,686
| -5% | -$225K |
|
|
CBAY
2372
DELISTED
Cymabay Therapeutics
CBAY
| $4.78M | ﹤0.01% |
933,604
+52,891
| +6% | +$320K |
|
|
ORBC
2373
DELISTED
ORBCOMM, Inc.
ORBC
| $4.77M | ﹤0.01% |
1,002,372
+8,553
| +0.9% | +$51.1K |
|
2374
Farmers National Banc Corp
FMNB
$946M
| $4.75M | ﹤0.01% |
328,165
-4,145
| -1% | -$59.1K |
|
2375
CRA International
CRAI
$1.17B
| $4.74M | ﹤0.01% |
113,001
+6,894
| +6% | +$280K |
|
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.