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 | |
|---|---|---|---|---|---|---|
|
MEET
2451
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $4.16M | ﹤0.01% |
1,271,632
+45,534
| +4% | +$158K |
|
|
DSPG
2452
DELISTED
DSP Group Inc
DSPG
| $4.16M | ﹤0.01% |
295,582
+6,679
| +2% | +$96.3K |
|
2453
VSE Corp
VSEC
$5.89B
| $4.16M | ﹤0.01% |
122,061
-6,938
| -5% | -$211K |
|
2454
VirnetX Holding Corp
VHC
$57.1M
| $4.16M | ﹤0.01% |
38,521
+1,324
| +4% | +$158K |
|
|
PRNB
2455
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $4.14M | ﹤0.01% |
146,809
+2,803
| +2% | +$103K |
|
2456
Citizens
CIA
$237M
| $4.14M | ﹤0.01% |
602,887
+4,887
| +0.8% | +$34.2K |
|
|
MNRL
2457
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $4.14M | ﹤0.01% |
208,124
+8,555
| +4% | +$176K |
|
2458
UNIFI
UFI
$122M
| $4.14M | ﹤0.01% |
188,708
+3,652
| +2% | +$72K |
|
2459
Itaú Unibanco
ITUB
$92.9B
| $4.11M | ﹤0.01% |
671,914
+514,423
| +327% | +$3.34M |
|
2460
RPC Inc
RES
$1.28B
| $4.1M | ﹤0.01% |
731,148
-106,026
| -13% | -$630K |
|
|
NE
2461
DELISTED
Noble Corporation
NE
| $4.1M | ﹤0.01% |
3,228,356
+157,824
| +5% | +$270K |
|
2462
Napco Security Technologies
NSSC
$1.38B
| $4.1M | ﹤0.01% |
321,060
+5,680
| +2% | +$80K |
|
|
BPYU
2463
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $4.08M | ﹤0.01% |
200,358
-82,702
| -29% | -$1.6M |
|
2464
Clean Energy Fuels
CLNE
$418M
| $4.08M | ﹤0.01% |
1,975,826
+52,860
| +3% | +$123K |
|
|
DERM
2465
DELISTED
Dermira, Inc.
DERM
| $4.08M | ﹤0.01% |
638,369
+26,907
| +4% | +$225K |
|
|
EIGI
2466
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $4.08M | ﹤0.01% |
1,087,052
+28,098
| +3% | +$134K |
|
2467
Intrepid Potash
IPI
$443M
| $4.07M | ﹤0.01% |
124,374
+2,954
| +2% | +$98.7K |
|
|
AMK
2468
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $4.04M | ﹤0.01% |
+155,311
| New | +$4.17M |
|
|
SCU
2469
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $4.03M | ﹤0.01% |
207,112
+121,323
| +141% | +$2.75M |
|
|
TBRG
2470
DELISTED
TruBridge
TBRG
| $4.03M | ﹤0.01% |
178,155
-11,528
| -6% | -$279K |
|
|
BVH
2471
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $4.02M | ﹤0.01% |
172,276
-12,485
| -7% | -$276K |
|
2472
Ameresco
AMRC
$1.52B
| $4.02M | ﹤0.01% |
249,926
+7,168
| +3% | +$105K |
|
2473
Southern First Bancshares
SFST
$601M
| $4.01M | ﹤0.01% |
100,576
+3,490
| +4% | +$136K |
|
|
SAFE
2474
DELISTED
Safehold Inc.
SAFE
| $3.99M | ﹤0.01% |
130,704
+25,441
| +24% | +$775K |
|
2475
Titan Machinery
TITN
$435M
| $3.98M | ﹤0.01% |
277,233
+7,529
| +3% | +$134K |
|
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.