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 | |
|---|---|---|---|---|---|---|
1351
O-I Glass
OI
$1.1B
| $34.7M | 0.01% |
2,677,586
+46,130
| +2% | +$625K |
|
1352
Trustmark
TRMK
$2.76B
| $34.5M | 0.01% |
1,126,852
+11,782
| +1% | +$374K |
|
|
CSGS
1353
DELISTED
CSG Systems International
CSGS
| $34.5M | 0.01% |
651,999
+17,376
| +3% | +$1.01M |
|
1354
Artisan Partners
APAM
$2.79B
| $34.4M | 0.01% |
1,278,988
+29,436
| +2% | +$1.04M |
|
1355
TechnipFMC
FTI
$28.1B
| $34.4M | 0.01% |
4,069,654
+267,480
| +7% | +$2.11M |
|
1356
Arbor Realty Trust
ABR
$964M
| $34.4M | 0.01% |
2,988,274
+234,944
| +9% | +$3.46M |
|
1357
Enovis
ENOV
$1.68B
| $34.4M | 0.01% |
745,828
+134,120
| +22% | +$7.27M |
|
|
ARCH
1358
DELISTED
Arch Resources, Inc.
ARCH
| $34.3M | 0.01% |
288,792
+30,273
| +12% | +$4.19M |
|
1359
Columbia Sportswear
COLM
$3.04B
| $34.2M | 0.01% |
508,588
+15,054
| +3% | +$1.1M |
|
|
VISN
1360
Vistance Networks Inc
VISN
$2.65B
| $34.2M | 0.01% |
3,714,997
+97,629
| +3% | +$936K |
|
1361
NCR Voyix
VYX
$1.14B
| $34.1M | 0.01% |
2,925,214
+27,253
| +0.9% | +$500K |
|
|
UNIT
1362
Uniti Group
UNIT
$2.36B
| $34.1M | 0.01% |
4,906,083
+8,125
| +0.2% | +$75.5K |
|
1363
Quaker Houghton
KWR
$2.76B
| $34.1M | 0.01% |
236,057
+6,325
| +3% | +$1.04M |
|
|
ONC
1364
BeOne Medicines Ltd
ONC
$32.8B
| $34.1M | 0.01% |
253,286
+16,759
| +7% | +$2.88M |
|
1365
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $34M | 0.01% |
1,124,183
+17,314
| +2% | +$578K |
|
1366
Macerich
MAC
$7.33B
| $34M | 0.01% |
4,278,493
+4,144
| +0.1% | +$40.2K |
|
1367
Kemper
KMPR
$1.67B
| $34M | 0.01% |
823,211
+39,631
| +5% | +$1.85M |
|
1368
Brookfield Infrastructure
BIPC
$5.2B
| $33.9M | 0.01% |
834,096
+28,009
| +3% | +$1.29M |
|
1369
Edgewell Personal Care
EPC
$1.25B
| $33.9M | 0.01% |
907,175
-19,967
| -2% | -$779K |
|
1370
Vontier
VNT
$4.52B
| $33.7M | 0.01% |
2,019,632
-140,319
| -6% | -$3.13M |
|
1371
Bumble
BMBL
$372M
| $33.7M | 0.01% |
1,566,941
+83,273
| +6% | +$2.46M |
|
1372
Gentherm
THRM
$1.25B
| $33.6M | 0.01% |
676,419
+16,869
| +3% | +$1.02M |
|
1373
Fate Therapeutics
FATE
$286M
| $33.6M | 0.01% |
1,499,680
+34,002
| +2% | +$982K |
|
1374
Nu Skin
NUS
$252M
| $33.6M | 0.01% |
1,006,212
+32,957
| +3% | +$1.37M |
|
1375
Huazhu Hotels Group
HTHT
$13.1B
| $33.5M | 0.01% |
1,001,136
+58,367
| +6% | +$2.21M |
|
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.