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 | |
|---|---|---|---|---|---|---|
1476
Coty
COTY
$2.42B
| $29M | ﹤0.01% |
4,588,259
+191,039
| +4% | +$1.44M |
|
1477
Grab
GRAB
$14.3B
| $29M | ﹤0.01% |
11,082,825
+1,623,790
| +17% | +$4.92M |
|
1478
Shake Shack
SHAK
$2.53B
| $28.9M | ﹤0.01% |
643,382
-7,557
| -1% | -$363K |
|
1479
Open Text
OTEX
$6.15B
| $28.9M | ﹤0.01% |
1,084,555
+78,610
| +8% | +$2.78M |
|
|
CVSA
1480
Covista Inc
CVSA
$4.25B
| $28.9M | ﹤0.01% |
791,552
-3,562
| -0.4% | -$136K |
|
1481
Shift4
FOUR
$4.2B
| $28.8M | ﹤0.01% |
646,473
-15,142
| -2% | -$636K |
|
|
KNBE
1482
DELISTED
KnowBe4, Inc. Class A Common Stock
KNBE
| $28.8M | ﹤0.01% |
1,385,543
+31,373
| +2% | +$578K |
|
1483
MYR Group
MYRG
$5.19B
| $28.8M | ﹤0.01% |
340,240
-72
| -0% | -$6.6K |
|
|
SASR
1484
DELISTED
Sandy Spring Bancorp Inc
SASR
| $28.8M | ﹤0.01% |
816,277
-6,273
| -0.8% | -$247K |
|
1485
Peloton Interactive
PTON
$2.77B
| $28.8M | ﹤0.01% |
4,151,378
+46,575
| +1% | +$473K |
|
1486
MGP Ingredients
MGPI
$379M
| $28.7M | ﹤0.01% |
270,626
+29,352
| +12% | +$3.15M |
|
|
SPR
1487
DELISTED
Spirit AeroSystems
SPR
| $28.7M | ﹤0.01% |
1,309,876
+13,165
| +1% | +$400K |
|
|
DEA
1488
Easterly Government Properties
DEA
$1.13B
| $28.7M | ﹤0.01% |
728,223
+4,731
| +0.7% | +$219K |
|
1489
John Wiley & Sons Class A
WLY
$2.65B
| $28.6M | ﹤0.01% |
762,602
+19,380
| +3% | +$921K |
|
|
FLNA
1490
Filana Therapeutics
FLNA
$48.8M
| $28.6M | ﹤0.01% |
684,851
+11,309
| +2% | +$305K |
|
|
BWIN
1491
Baldwin Insurance Group
BWIN
$2.69B
| $28.6M | ﹤0.01% |
1,085,170
+79,614
| +8% | +$2.27M |
|
1492
Jack in the Box
JACK
$312M
| $28.5M | ﹤0.01% |
385,274
+2,149
| +0.6% | +$163K |
|
1493
Asana
ASAN
$1.92B
| $28.5M | ﹤0.01% |
1,283,228
-47,854
| -4% | -$1.03M |
|
1494
QuantumScape Corp
QS
$3.21B
| $28.5M | ﹤0.01% |
3,390,346
+192,455
| +6% | +$2.06M |
|
1495
InvenTrust Properties
IVT
$2.76B
| $28.5M | ﹤0.01% |
1,335,663
-3,092
| -0.2% | -$82.1K |
|
1496
Piper Sandler
PIPR
$5.12B
| $28.5M | ﹤0.01% |
1,087,636
-12,168
| -1% | -$354K |
|
1497
ASML
ASML
$626B
| $28.4M | ﹤0.01% |
68,367
+2,190
| +3% | +$1.1M |
|
1498
Helios Technologies
HLIO
$2.57B
| $28.3M | ﹤0.01% |
559,319
+11,099
| +2% | +$671K |
|
|
B
1499
DELISTED
Barnes Group Inc.
B
| $28.3M | ﹤0.01% |
979,954
+51,826
| +6% | +$1.66M |
|
1500
Bread Financial
BFH
$4.37B
| $28.3M | ﹤0.01% |
898,423
+21,430
| +2% | +$840K |
|
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.