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 | |
|---|---|---|---|---|---|---|
2426
Puma Biotechnology
PBYI
$395M
| $4.33M | ﹤0.01% |
402,740
+8,128
| +2% | +$87.8K |
|
2427
Ribbon Communications
RBBN
$388M
| $4.33M | ﹤0.01% |
742,286
+12,947
| +2% | +$68K |
|
2428
Smith & Wesson
SWBI
$663M
| $4.32M | ﹤0.01% |
961,295
-6,538
| -0.7% | -$39.4K |
|
|
EIDX
2429
DELISTED
Eidos Therapeutics, Inc. Common Stock
EIDX
| $4.32M | ﹤0.01% |
120,068
-3,707
| -3% | -$145K |
|
2430
Park-Ohio Holdings
PKOH
$584M
| $4.3M | ﹤0.01% |
144,121
+29,690
| +26% | +$885K |
|
2431
Energy Recovery
ERII
$461M
| $4.29M | ﹤0.01% |
463,628
+22,510
| +5% | +$227K |
|
2432
Franklin Covey
FC
$243M
| $4.29M | ﹤0.01% |
122,708
-20,630
| -14% | -$744K |
|
|
CTO
2433
CTO Realty Growth
CTO
$816M
| $4.28M | ﹤0.01% |
240,333
-7,678
| -3% | -$132K |
|
|
ODT
2434
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $4.26M | ﹤0.01% |
163,644
+34,576
| +27% | +$1.16M |
|
2435
MediciNova
MNOV
$65.5M
| $4.25M | ﹤0.01% |
534,986
+10,709
| +2% | +$95.5K |
|
2436
Carriage Services
CSV
$638M
| $4.25M | ﹤0.01% |
208,149
+8,707
| +4% | +$181K |
|
2437
BioCryst Pharmaceuticals
BCRX
$2.28B
| $4.25M | ﹤0.01% |
1,483,362
-3,237
| -0.2% | -$10.1K |
|
2438
Flex
FLEX
$45.8B
| $4.25M | ﹤0.01% |
543,640
+3,057
| +0.6% | +$23.5K |
|
|
BDSI
2439
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $4.22M | ﹤0.01% |
1,002,844
+16,011
| +2% | +$68.4K |
|
2440
Citizens & Northern Corp
CZNC
$453M
| $4.21M | ﹤0.01% |
160,414
+26,520
| +20% | +$663K |
|
2441
Tejon Ranch
TRC
$453M
| $4.21M | ﹤0.01% |
248,169
-26,745
| -10% | -$466K |
|
|
AXNX
2442
DELISTED
Axonics, Inc. Common Stock
AXNX
| $4.21M | ﹤0.01% |
156,295
+1,899
| +1% | +$66.2K |
|
2443
Quanterix
QTRX
$174M
| $4.21M | ﹤0.01% |
191,551
+24,685
| +15% | +$688K |
|
2444
Motorcar Parts of America
MPAA
$253M
| $4.2M | ﹤0.01% |
248,555
+10,638
| +4% | +$178K |
|
|
REVG
2445
DELISTED
REV Group
REVG
| $4.18M | ﹤0.01% |
366,033
+3,122
| +0.9% | +$38.7K |
|
|
KDMN
2446
DELISTED
Kadmon Holdings, Inc.
KDMN
| $4.18M | ﹤0.01% |
1,657,511
+59,590
| +4% | +$148K |
|
2447
Civista Bancshares
CIVB
$606M
| $4.17M | ﹤0.01% |
192,157
+5,139
| +3% | +$110K |
|
2448
Park Aerospace
PKE
$798M
| $4.17M | ﹤0.01% |
237,528
+7,398
| +3% | +$129K |
|
2449
Prothena Corp
PRTA
$443M
| $4.17M | ﹤0.01% |
531,568
-45,647
| -8% | -$405K |
|
2450
OrthoPediatrics
KIDS
$537M
| $4.16M | ﹤0.01% |
118,095
+5,298
| +5% | +$184K |
|
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.