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 | |
|---|---|---|---|---|---|---|
|
TPC
2776
Tutor Perini Cor
TPC
$4.51B
| $4.09M | ﹤0.01% |
740,297
+10,716
| +1% | +$81.3K |
|
2777
Miller Industries
MLR
$579M
| $4.08M | ﹤0.01% |
191,840
+3,081
| +2% | +$71.2K |
|
|
NEUE
2778
DELISTED
NeueHealth
NEUE
| $4.07M | ﹤0.01% |
48,439
+28,164
| +139% | +$3.74M |
|
|
MCBC
2779
DELISTED
Macatawa Bank Corp
MCBC
| $4.06M | ﹤0.01% |
438,265
+6,248
| +1% | +$58.7K |
|
|
ZEUS
2780
DELISTED
Olympic Steel
ZEUS
| $4.05M | ﹤0.01% |
177,679
+2,306
| +1% | +$62.2K |
|
2781
The Joint Corp
JYNT
$118M
| $4.05M | ﹤0.01% |
257,675
+1,283
| +0.5% | +$22.8K |
|
2782
monday.com
MNDY
$3.97B
| $4.05M | ﹤0.01% |
35,721
+2,627
| +8% | +$311K |
|
2783
Amplify Energy
AMPY
$164M
| $4.05M | ﹤0.01% |
616,072
-5,276
| -0.8% | -$35.9K |
|
2784
Entravision Communication
EVC
$1.07B
| $4.05M | ﹤0.01% |
1,019,435
-3,218
| -0.3% | -$15.9K |
|
|
CYXT
2785
DELISTED
Cyxtera Technologies, Inc. Class A Common Stock
CYXT
| $4.03M | ﹤0.01% |
987,667
+183,810
| +23% | +$1.62M |
|
2786
Paysafe
PSFE
$405M
| $4.02M | ﹤0.01% |
242,734
-1,540
| -0.6% | -$34.4K |
|
2787
BRC Inc
BRCC
$123M
| $4.02M | ﹤0.01% |
519,598
+61,046
| +13% | +$552K |
|
|
VLD
2788
DELISTED
Velo3D, Inc.
VLD
| $4M | ﹤0.01% |
29,045
-172
| -0.6% | -$22.3K |
|
2789
Donegal Group Class A
DGICA
$721M
| $3.97M | ﹤0.01% |
294,490
+24,804
| +9% | +$374K |
|
2790
Hyster-Yale Materials Handling
HY
$629M
| $3.97M | ﹤0.01% |
184,431
+4,935
| +3% | +$154K |
|
2791
Precigen
PGEN
$2.33B
| $3.96M | ﹤0.01% |
1,869,372
+147,700
| +9% | +$311K |
|
2792
BayCom
BCML
$338M
| $3.96M | ﹤0.01% |
225,330
+5,960
| +3% | +$115K |
|
2793
The Honest Company
HNST
$428M
| $3.94M | ﹤0.01% |
1,127,303
+287,180
| +34% | +$1.05M |
|
2794
Dream Finders Homes
DFH
$1.3B
| $3.94M | ﹤0.01% |
371,808
+31,050
| +9% | +$374K |
|
|
KVSC
2795
DELISTED
Khosla Ventures Acquisition Co. III Class A Common Stock
KVSC
| $3.93M | ﹤0.01% |
401,639
+334,574
| +499% | +$3.27M |
|
2796
Advantage Solutions
ADV
$555M
| $3.89M | ﹤0.01% |
73,094
-1,498
| -2% | -$138K |
|
2797
Petrobras
PBR
$121B
| $3.89M | ﹤0.01% |
315,461
| – | – |
|
|
HLVX
2798
DELISTED
HilleVax
HLVX
| $3.89M | ﹤0.01% |
227,589
+8,082
| +4% | +$118K |
|
2799
Greif Class B
GEF.B
$4.18B
| $3.88M | ﹤0.01% |
63,830
+533
| +0.8% | +$35.1K |
|
|
NOTE
2800
DELISTED
FiscalNote
NOTE
| $3.88M | ﹤0.01% |
+50,696
| New | +$5.09M |
|
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.