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 | |
|---|---|---|---|---|---|---|
|
AVID
2376
DELISTED
Avid Technology Inc
AVID
| $4.74M | ﹤0.01% |
765,177
+28,215
| +4% | +$221K |
|
|
DOVA
2377
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
| $4.73M | ﹤0.01% |
169,097
-3,715
| -2% | -$60.2K |
|
2378
Mitek Systems
MITK
$812M
| $4.72M | ﹤0.01% |
489,529
+6,771
| +1% | +$67.4K |
|
|
FSB
2379
DELISTED
Franklin Financial Network, Inc.
FSB
| $4.72M | ﹤0.01% |
156,123
+2,561
| +2% | +$74.1K |
|
2380
Miller Industries
MLR
$572M
| $4.7M | ﹤0.01% |
141,208
+1,776
| +1% | +$56.6K |
|
|
CNSL
2381
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $4.69M | ﹤0.01% |
985,408
+82,457
| +9% | +$389K |
|
2382
FRP Holdings
FRPH
$430M
| $4.69M | ﹤0.01% |
195,216
-4,956
| -2% | -$124K |
|
|
SYRS
2383
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $4.68M | ﹤0.01% |
45,143
+551
| +1% | +$52K |
|
2384
Construction Partners
ROAD
$6.16B
| $4.68M | ﹤0.01% |
300,332
+152,189
| +103% | +$2.28M |
|
|
GLOG
2385
DELISTED
GASLOG LTD
GLOG
| $4.68M | ﹤0.01% |
364,197
+96,290
| +36% | +$1.29M |
|
2386
Collegium Pharmaceutical
COLL
$1.16B
| $4.68M | ﹤0.01% |
407,345
+4,461
| +1% | +$50.9K |
|
2387
Cameco
CCJ
$40.8B
| $4.66M | ﹤0.01% |
493,973
+101,964
| +26% | +$957K |
|
2388
Standard BioTools
LAB
$332M
| $4.66M | ﹤0.01% |
1,007,334
+199,541
| +25% | +$1.57M |
|
|
RAD
2389
DELISTED
Rite Aid Corporation
RAD
| $4.66M | ﹤0.01% |
670,051
+8,649
| +1% | +$62.1K |
|
|
CAI
2390
DELISTED
CAI International, Inc.
CAI
| $4.65M | ﹤0.01% |
213,796
+2,241
| +1% | +$49.4K |
|
|
TACO
2391
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.65M | ﹤0.01% |
454,748
+6,182
| +1% | +$71.6K |
|
2392
Funko
FNKO
$321M
| $4.62M | ﹤0.01% |
224,531
+7,603
| +4% | +$176K |
|
|
WAAS
2393
DELISTED
AquaVenture Holdings Limited
WAAS
| $4.61M | ﹤0.01% |
237,049
+79,075
| +50% | +$1.43M |
|
2394
American Coastal Insurance
ACIC
$530M
| $4.59M | ﹤0.01% |
328,088
+19,137
| +6% | +$247K |
|
2395
Willdan Group
WLDN
$1.16B
| $4.58M | ﹤0.01% |
130,679
+4,130
| +3% | +$147K |
|
|
PCSB
2396
DELISTED
PCSB Financial Corporation
PCSB
| $4.57M | ﹤0.01% |
228,824
-7,009
| -3% | -$139K |
|
|
VSTO
2397
DELISTED
Vista Outdoor Inc.
VSTO
| $4.57M | ﹤0.01% |
738,890
+11,937
| +2% | +$78.7K |
|
2398
Gogo Inc
GOGO
$629M
| $4.57M | ﹤0.01% |
758,311
+3,201
| +0.4% | +$15.1K |
|
|
MDR
2399
DELISTED
McDermott International
MDR
| $4.57M | ﹤0.01% |
2,263,503
-30,739
| -1% | -$189K |
|
2400
Sterling Infrastructure
STRL
$16.5B
| $4.56M | ﹤0.01% |
346,523
+12,463
| +4% | +$153K |
|
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.