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 | |
|---|---|---|---|---|---|---|
1276
Cal-Maine
CALM
$4.12B
| $38.3M | 0.01% |
689,531
+17,609
| +3% | +$963K |
|
1277
Ultragenyx Pharmaceutical
RARE
$2.45B
| $38.3M | 0.01% |
924,877
+16,164
| +2% | +$831K |
|
1278
Innospec
IOSP
$2.12B
| $38.2M | 0.01% |
446,397
+9,125
| +2% | +$862K |
|
1279
Herbalife
HLF
$1.29B
| $38.2M | 0.01% |
1,920,445
+43,137
| +2% | +$1.07M |
|
|
PDCO
1280
DELISTED
Patterson Companies, Inc.
PDCO
| $38.1M | 0.01% |
1,587,455
+19,802
| +1% | +$567K |
|
1281
Cracker Barrel
CBRL
$1.26B
| $38.1M | 0.01% |
411,346
+126
| +0% | +$12.7K |
|
1282
Pebblebrook Hotel Trust
PEB
$2.15B
| $38M | 0.01% |
2,621,407
-15,693
| -0.6% | -$282K |
|
|
THS
1283
DELISTED
Treehouse Foods
THS
| $38M | 0.01% |
896,374
-33,837
| -4% | -$1.52M |
|
1284
Antero Midstream
AM
$10.4B
| $38M | 0.01% |
4,141,937
+69,992
| +2% | +$689K |
|
1285
BOK Financial
BOKF
$8.58B
| $38M | 0.01% |
427,671
-2,823
| -0.7% | -$244K |
|
1286
Amkor Technology
AMKR
$12.4B
| $37.9M | 0.01% |
2,225,670
+47,050
| +2% | +$905K |
|
1287
Alpha Metallurgical Resources
AMR
$1.74B
| $37.9M | 0.01% |
276,885
-21,534
| -7% | -$2.99M |
|
1288
Westlake Corp
WLK
$9.03B
| $37.9M | 0.01% |
436,377
-7,237
| -2% | -$694K |
|
1289
Assured Guaranty
AGO
$3.66B
| $37.7M | 0.01% |
779,136
-85,804
| -10% | -$4.61M |
|
|
SAGE
1290
DELISTED
Sage Therapeutics
SAGE
| $37.7M | 0.01% |
963,954
+9,581
| +1% | +$370K |
|
1291
Palomar
PLMR
$3.55B
| $37.7M | 0.01% |
450,271
+18,200
| +4% | +$1.34M |
|
|
PING
1292
DELISTED
Ping Identity Holding Corp.
PING
| $37.5M | 0.01% |
1,334,793
+130,136
| +11% | +$3.23M |
|
1293
Banner Corp
BANR
$2.39B
| $37.4M | 0.01% |
633,257
+7,504
| +1% | +$453K |
|
1294
Ambarella
AMBA
$3.77B
| $37.4M | 0.01% |
665,068
+5,250
| +0.8% | +$389K |
|
1295
Vertiv
VRT
$93B
| $37.4M | 0.01% |
3,843,658
+7,194
| +0.2% | +$80.8K |
|
|
RVNC
1296
DELISTED
Revance Therapeutics, Inc.
RVNC
| $37.3M | 0.01% |
1,383,241
+146,289
| +12% | +$2.97M |
|
1297
Ameresco
AMRC
$1.12B
| $37.3M | 0.01% |
561,244
+29,920
| +6% | +$1.84M |
|
1298
KB Home
KBH
$3.37B
| $37.3M | 0.01% |
1,437,664
-10,424
| -0.7% | -$313K |
|
1299
ArcBest
ARCB
$3.23B
| $37.2M | 0.01% |
511,906
+10,278
| +2% | +$826K |
|
1300
Yeti Holdings
YETI
$3.71B
| $37.2M | 0.01% |
1,303,083
+19,091
| +1% | +$796K |
|
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.