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 |
Tesla
TSLA
|
+$906M |
| 2 |
Amazon
AMZN
|
+$712M |
| 3 |
Microsoft
MSFT
|
+$665M |
| 4 |
AbbVie
ABBV
|
+$538M |
| 5 |
Apple
AAPL
|
+$236M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Home Depot
HD
|
+$302M |
| 2 |
Chevron
CVX
|
+$290M |
| 3 |
American Tower
AMT
|
+$225M |
| 4 |
ACC
American Campus Communities, Inc.
ACC
|
+$136M |
| 5 |
Baidu
BIDU
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.64% |
| 2 | Healthcare | 14.93% |
| 3 | Financials | 13.34% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Industrials | 8.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SHOE
2476
Shoe Station Group
SHOE
$419M
| $7.04M | ﹤0.01% |
328,234
+3,722
| +1% | +$85.2K |
|
|
NWLI
2477
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $7.03M | ﹤0.01% |
41,138
+589
| +1% | +$115K |
|
2478
8x8 Inc
EGHT
$292M
| $7.01M | ﹤0.01% |
2,031,985
+105,115
| +5% | +$503K |
|
2479
Lightspeed Commerce
LSPD
$1.33B
| $6.97M | ﹤0.01% |
397,605
+29,010
| +8% | +$579K |
|
2480
Protagonist Therapeutics
PTGX
$8.51B
| $6.97M | ﹤0.01% |
827,456
+5,535
| +0.7% | +$52.4K |
|
2481
Clarus
CLAR
$127M
| $6.95M | ﹤0.01% |
515,937
+24,804
| +5% | +$483K |
|
2482
DXP Enterprises
DXPE
$2.53B
| $6.95M | ﹤0.01% |
293,447
+1,831
| +0.6% | +$52.5K |
|
|
MOFG
2483
DELISTED
MidWestOne Financial Group
MOFG
| $6.94M | ﹤0.01% |
254,447
+820
| +0.3% | +$25.1K |
|
2484
Cullinan Oncology
CGEM
$999M
| $6.94M | ﹤0.01% |
541,520
+36,526
| +7% | +$492K |
|
2485
EverCommerce
EVCM
$2.12B
| $6.92M | ﹤0.01% |
632,934
+92,781
| +17% | +$1.05M |
|
2486
FRP Holdings
FRPH
$432M
| $6.91M | ﹤0.01% |
254,278
-3,108
| -1% | -$90.6K |
|
2487
Cadre Holdings
CDRE
$1.32B
| $6.91M | ﹤0.01% |
287,044
+103,170
| +56% | +$2.53M |
|
|
AMK
2488
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $6.87M | ﹤0.01% |
375,688
+5,330
| +1% | +$103K |
|
2489
Hingham Institution for Saving
HIFS
$647M
| $6.85M | ﹤0.01% |
27,292
-666
| -2% | -$195K |
|
2490
Pliant Therapeutics
PLRX
$64.4M
| $6.85M | ﹤0.01% |
327,868
+106,885
| +48% | +$2.05M |
|
2491
VSE Corp
VSEC
$5.81B
| $6.84M | ﹤0.01% |
193,207
+1,567
| +0.8% | +$60.9K |
|
|
JOYY
2492
JOYY Inc
JOYY
$3.73B
| $6.83M | ﹤0.01% |
263,515
-17,574
| -6% | -$482K |
|
2493
C4 Therapeutics
CCCC
$387M
| $6.82M | ﹤0.01% |
777,222
+55,797
| +8% | +$579K |
|
2494
Quanterix
QTRX
$175M
| $6.82M | ﹤0.01% |
618,433
+10,401
| +2% | +$132K |
|
2495
Codexis
CDXS
$156M
| $6.81M | ﹤0.01% |
1,124,573
+66,379
| +6% | +$534K |
|
2496
Arlo Technologies
ARLO
$1.63B
| $6.81M | ﹤0.01% |
1,468,375
+38,686
| +3% | +$242K |
|
2497
Global Industrial
GIC
$1.39B
| $6.81M | ﹤0.01% |
253,786
+2,526
| +1% | +$79.6K |
|
2498
Carter Bankshares
CARE
$785M
| $6.8M | ﹤0.01% |
422,430
+929
| +0.2% | +$14.5K |
|
2499
Pitney Bowes
PBI
$2.48B
| $6.8M | ﹤0.01% |
2,917,222
+87,813
| +3% | +$282K |
|
|
AD
2500
Array Digital Infrastructure
AD
$3.03B
| $6.79M | ﹤0.01% |
260,709
+7,690
| +3% | +$220K |
|
Similar funds
Geode Capital Management's Q3 2022 Portfolio in Review
As of Q3 2022, Geode Capital Management held 5,120 positions worth $659B, down 3.4% from $683B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Trading was light in Q3 2022: portfolio turnover was 3.8%. Geode Capital Management opened 106 new positions and exited 90, leaving the 5,120-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q3 2022 buy was Endeavor Group Holdings, Inc.: 1,449,828 shares worth $29.4M.
- Geode Capital Management added most to Tesla in Q3 2022, an estimated $906M increase.
- Geode Capital Management's biggest Q3 2022 reduction was Home Depot, cutting an estimated $302M.
- Geode Capital Management fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $136M.
- Geode Capital Management's ten largest holdings make up 23% of its $659B portfolio in Q3 2022.
- Geode Capital Management opened 106 new positions and closed 90 in Q3 2022.
- Geode Capital Management's portfolio value fell 3.4% quarter-over-quarter to $659B.
Based on Geode Capital Management's 13F filing for Q3 2022, filed 14 Nov 2022.