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 | |
|---|---|---|---|---|---|---|
1301
AeroVironment
AVAV
$7.56B
| $37.1M | 0.01% |
445,399
+32,838
| +8% | +$2.94M |
|
1302
CNO Financial Group
CNO
$5.14B
| $37M | 0.01% |
2,060,091
+30,140
| +1% | +$559K |
|
|
AGR
1303
DELISTED
Avangrid, Inc.
AGR
| $37M | 0.01% |
886,847
+5,275
| +0.6% | +$253K |
|
|
ISEE
1304
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $37M | 0.01% |
2,060,681
+74,646
| +4% | +$980K |
|
1305
DigitalBridge
DBRG
$2.93B
| $36.9M | 0.01% |
2,953,443
+61,497
| +2% | +$1.18M |
|
|
PACW
1306
DELISTED
PacWest Bancorp
PACW
| $36.8M | 0.01% |
1,629,499
+14,599
| +0.9% | +$393K |
|
1307
WesBanco
WSBC
$3.97B
| $36.8M | 0.01% |
1,102,787
+3,178
| +0.3% | +$108K |
|
1308
CBIZ
CBZ
$2.99B
| $36.7M | 0.01% |
857,911
+3,658
| +0.4% | +$160K |
|
1309
First Financial Bancorp
FFBC
$3.55B
| $36.7M | 0.01% |
1,740,462
+32,800
| +2% | +$711K |
|
1310
Travel + Leisure Co
TNL
$4.66B
| $36.6M | 0.01% |
1,073,306
+1,914
| +0.2% | +$80.9K |
|
1311
Steven Madden
SHOO
$3.37B
| $36.6M | 0.01% |
1,371,779
+12,711
| +0.9% | +$400K |
|
|
OSH
1312
DELISTED
Oak Street Health, Inc.
OSH
| $36.6M | 0.01% |
1,491,912
-188,973
| -11% | -$5M |
|
1313
Strategy Inc
MSTR
$34.1B
| $36.6M | 0.01% |
1,722,350
+22,760
| +1% | +$571K |
|
1314
Blackbaud
BLKB
$1.94B
| $36.5M | 0.01% |
829,189
+5,752
| +0.7% | +$310K |
|
|
SPWR
1315
DELISTED
SunPower Corporation Common Stock
SPWR
| $36.5M | 0.01% |
1,585,539
+52,794
| +3% | +$1.19M |
|
1316
Enovix
ENVX
$892M
| $36.5M | 0.01% |
2,275,355
+97,021
| +4% | +$1.43M |
|
1317
McGrath RentCorp
MGRC
$2.81B
| $36.5M | 0.01% |
434,716
+6,414
| +1% | +$532K |
|
1318
AerCap
AER
$23.7B
| $36.4M | 0.01% |
862,266
+20,816
| +2% | +$920K |
|
1319
Noble Corp
NE
$6.77B
| $36.4M | 0.01% |
1,230,059
+345,710
| +39% | +$10.2M |
|
1320
Acadia Pharmaceuticals
ACAD
$4.43B
| $36.3M | 0.01% |
2,221,151
+60,167
| +3% | +$974K |
|
1321
WaFd
WAFD
$2.72B
| $36.3M | 0.01% |
1,211,974
+13,584
| +1% | +$440K |
|
1322
Graham Holdings Company
GHC
$5.1B
| $36.3M | 0.01% |
67,480
-10
| -0% | -$5.72K |
|
1323
Chesapeake Utilities
CPK
$3.19B
| $36.1M | 0.01% |
312,542
+7,610
| +2% | +$985K |
|
1324
Integer Holdings
ITGR
$4.12B
| $36.1M | 0.01% |
579,537
+8,235
| +1% | +$554K |
|
1325
Cavco Industries
CVCO
$4.22B
| $36.1M | 0.01% |
175,232
-1,483
| -0.8% | -$351K |
|
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.