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 | |
|---|---|---|---|---|---|---|
1501
Astrana Health
ASTH
$1.76B
| $28.2M | ﹤0.01% |
723,388
-8,154
| -1% | -$373K |
|
|
NVRO
1502
DELISTED
NEVRO CORP.
NVRO
| $28.2M | ﹤0.01% |
605,391
+14,417
| +2% | +$669K |
|
1503
GitLab
GTLB
$5.83B
| $28.1M | ﹤0.01% |
549,384
+174,876
| +47% | +$10.2M |
|
|
ODP
1504
DELISTED
ODP
ODP
| $28.1M | ﹤0.01% |
800,177
-1,791
| -0.2% | -$63.7K |
|
1505
Materion
MTRN
$4.39B
| $28.1M | ﹤0.01% |
351,410
+6,176
| +2% | +$509K |
|
1506
Xerox
XRX
$387M
| $28.1M | ﹤0.01% |
2,148,981
-44,531
| -2% | -$721K |
|
1507
Xencor
XNCR
$1.5B
| $28.1M | ﹤0.01% |
1,080,488
+13,094
| +1% | +$375K |
|
1508
Myriad Genetics
MYGN
$270M
| $28.1M | ﹤0.01% |
1,470,770
+25,478
| +2% | +$585K |
|
|
SILK
1509
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $27.9M | ﹤0.01% |
620,018
+13,565
| +2% | +$583K |
|
1510
Globant
GLOB
$1.58B
| $27.9M | ﹤0.01% |
148,995
+6,641
| +5% | +$1.37M |
|
1511
Krystal Biotech
KRYS
$10.1B
| $27.8M | ﹤0.01% |
399,262
+13,887
| +4% | +$1M |
|
1512
Algonquin Power & Utilities
AQN
$4.49B
| $27.8M | ﹤0.01% |
2,405,248
+166,273
| +7% | +$2.25M |
|
1513
International Seaways
INSW
$4.76B
| $27.7M | ﹤0.01% |
789,649
+4,589
| +0.6% | +$127K |
|
|
VIVO
1514
DELISTED
Meridian Bioscience Inc
VIVO
| $27.6M | ﹤0.01% |
875,769
+14,532
| +2% | +$471K |
|
|
HTO
1515
H2O America
HTO
$2.57B
| $27.6M | ﹤0.01% |
478,494
+1,532
| +0.3% | +$98.6K |
|
1516
Hope Bancorp
HOPE
$1.79B
| $27.6M | ﹤0.01% |
2,179,733
-31,306
| -1% | -$453K |
|
1517
Addus HomeCare
ADUS
$2.16B
| $27.5M | ﹤0.01% |
289,148
+4,918
| +2% | +$452K |
|
|
MDC
1518
DELISTED
M.D.C. Holdings, Inc.
MDC
| $27.5M | ﹤0.01% |
1,001,974
+20,951
| +2% | +$694K |
|
1519
Mueller Water Products
MWA
$3.95B
| $27.5M | ﹤0.01% |
2,674,816
+48,883
| +2% | +$569K |
|
1520
Vir Biotechnology
VIR
$1.46B
| $27.3M | ﹤0.01% |
1,416,229
+37,360
| +3% | +$950K |
|
1521
CorVel
CRVL
$3.06B
| $27.3M | ﹤0.01% |
590,721
+12,573
| +2% | +$652K |
|
1522
Tanger
SKT
$4.67B
| $27.2M | ﹤0.01% |
1,990,863
+1,802
| +0.1% | +$28K |
|
|
IRBT
1523
DELISTED
iRobot
IRBT
| $27.2M | ﹤0.01% |
483,275
+6,370
| +1% | +$334K |
|
1524
Revolution Medicines
RVMD
$39.9B
| $27.2M | ﹤0.01% |
1,378,552
+212,794
| +18% | +$4.68M |
|
1525
AdaptHealth
AHCO
$1.47B
| $27.2M | ﹤0.01% |
1,445,891
-158,089
| -10% | -$3.25M |
|
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.