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 | |
|---|---|---|---|---|---|---|
1201
Corcept Therapeutics
CORT
$12.4B
| $42.2M | 0.01% |
1,646,783
+17,306
| +1% | +$463K |
|
1202
Ollie's Bargain Outlet
OLLI
$4.44B
| $42.1M | 0.01% |
816,401
+3,963
| +0.5% | +$245K |
|
1203
Columbia Banking Systems
COLB
$8.84B
| $42.1M | 0.01% |
1,457,982
+29,028
| +2% | +$875K |
|
1204
ICU Medical
ICUI
$4.21B
| $42.1M | 0.01% |
279,566
+3,329
| +1% | +$554K |
|
|
CNR
1205
Core Natural Resources Inc
CNR
$4.02B
| $42.1M | 0.01% |
654,566
+94,893
| +17% | +$6.01M |
|
1206
Matsons
MATX
$6.13B
| $42.1M | 0.01% |
683,689
-21,595
| -3% | -$1.66M |
|
1207
Atlantic Union Bankshares
AUB
$6.02B
| $42M | 0.01% |
1,383,181
+17,052
| +1% | +$575K |
|
1208
EnerSys
ENS
$6.78B
| $42M | 0.01% |
722,260
-258
| -0% | -$16.4K |
|
1209
Kohl's
KSS
$2.17B
| $41.9M | 0.01% |
1,663,859
-132,549
| -7% | -$3.87M |
|
1210
Papa John's
PZZA
$984M
| $41.9M | 0.01% |
597,775
+4,902
| +0.8% | +$416K |
|
1211
Hertz
HTZ
$499M
| $41.8M | 0.01% |
2,567,957
+958,442
| +60% | +$18M |
|
1212
Vishay Intertechnology
VSH
$5.25B
| $41.7M | 0.01% |
2,344,548
+26,891
| +1% | +$524K |
|
1213
Duolingo
DUOL
$6.28B
| $41.7M | 0.01% |
437,501
+46,863
| +12% | +$4.56M |
|
1214
Helen of Troy
HELE
$644M
| $41.6M | 0.01% |
431,627
-72,026
| -14% | -$9.26M |
|
1215
Magna International
MGA
$18.7B
| $41.6M | 0.01% |
880,078
+57,893
| +7% | +$3.37M |
|
1216
First Merchants
FRME
$2.68B
| $41.6M | 0.01% |
1,074,998
+36,549
| +4% | +$1.45M |
|
1217
Mercado Libre
MELI
$95.2B
| $41.5M | 0.01% |
50,618
+1,306
| +3% | +$1.12M |
|
|
NUVA
1218
DELISTED
NuVasive, Inc.
NUVA
| $41.5M | 0.01% |
946,193
+21,950
| +2% | +$1.06M |
|
1219
Tandem Diabetes Care
TNDM
$1.34B
| $41.4M | 0.01% |
865,993
+11,062
| +1% | +$606K |
|
1220
Teradata
TDC
$2.92B
| $41.3M | 0.01% |
1,330,956
-14,075
| -1% | -$492K |
|
|
CLR
1221
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $41.3M | 0.01% |
618,694
-29,261
| -5% | -$1.97M |
|
1222
Ryan Specialty Holdings
RYAN
$5.72B
| $41.3M | 0.01% |
1,016,673
+212,283
| +26% | +$8.96M |
|
|
ALTR
1223
DELISTED
Altair Engineering Inc
ALTR
| $41.3M | 0.01% |
933,389
+12,738
| +1% | +$668K |
|
1224
News Corp Class B
NWS
$16.9B
| $41.2M | 0.01% |
2,671,385
+29,730
| +1% | +$507K |
|
1225
Blue Owl Capital
OWL
$6.96B
| $41.2M | 0.01% |
4,459,865
+53,171
| +1% | +$591K |
|
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.