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 | |
|---|---|---|---|---|---|---|
|
TWO
1726
Two Harbors Investment
TWO
$1.27B
| $20.3M | ﹤0.01% |
1,530,615
+34,639
| +2% | +$672K |
|
1727
Southern Copper
SCCO
$143B
| $20.3M | ﹤0.01% |
488,888
+25,635
| +6% | +$1.13M |
|
1728
Spectrum Brands
SPB
$2.04B
| $20.2M | ﹤0.01% |
518,507
+4,720
| +0.9% | +$304K |
|
1729
NeoGenomics
NEO
$1.96B
| $20.2M | ﹤0.01% |
2,349,513
+102,117
| +5% | +$1.01M |
|
|
HAPN
1730
Happen Inc
HAPN
$2.21B
| $20.2M | ﹤0.01% |
1,825,769
+52,510
| +3% | +$707K |
|
|
NTST
1731
NETSTREIT Corp
NTST
$2.09B
| $20.2M | ﹤0.01% |
1,131,980
+125,763
| +12% | +$2.51M |
|
1732
ePlus
PLUS
$2.42B
| $20.2M | ﹤0.01% |
485,215
+8,998
| +2% | +$440K |
|
|
FSR
1733
DELISTED
Fisker Inc.
FSR
| $20.1M | ﹤0.01% |
2,668,676
+128,964
| +5% | +$1.16M |
|
1734
Certara
CERT
$1.26B
| $20.1M | ﹤0.01% |
1,517,148
+50,817
| +3% | +$939K |
|
1735
Capitol Federal Financial
CFFN
$1.09B
| $20.1M | ﹤0.01% |
2,421,298
-104,979
| -4% | -$976K |
|
1736
Encore Capital Group
ECPG
$2.02B
| $20.1M | ﹤0.01% |
441,295
+3,087
| +0.7% | +$178K |
|
|
TSP
1737
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $20M | ﹤0.01% |
2,630,928
+932,242
| +55% | +$7.8M |
|
|
ETWO
1738
DELISTED
E2open Parent Holdings
ETWO
| $20M | ﹤0.01% |
3,291,387
-1,672
| -0.1% | -$11.7K |
|
1739
Joby Aviation
JOBY
$7.03B
| $19.9M | ﹤0.01% |
4,605,304
+227,530
| +5% | +$1.25M |
|
|
ARI
1740
Apollo Commercial Real Estate
ARI
$867M
| $19.9M | ﹤0.01% |
2,401,557
+44,788
| +2% | +$514K |
|
1741
LeMaitre Vascular
LMAT
$2.32B
| $19.9M | ﹤0.01% |
393,186
+7,851
| +2% | +$392K |
|
1742
ESAB
ESAB
$5.38B
| $19.9M | ﹤0.01% |
597,212
-4,659
| -0.8% | -$191K |
|
1743
Amphastar Pharmaceuticals
AMPH
$879M
| $19.9M | ﹤0.01% |
708,206
+15,818
| +2% | +$516K |
|
|
BBBY
1744
Bed Bath & Beyond
BBBY
$481M
| $19.8M | ﹤0.01% |
895,513
+41,495
| +5% | +$1.04M |
|
1745
Southside Bancshares
SBSI
$967M
| $19.8M | ﹤0.01% |
559,762
-1,899
| -0.3% | -$72.9K |
|
1746
Granite Construction
GVA
$5.29B
| $19.7M | ﹤0.01% |
777,242
-8,502
| -1% | -$251K |
|
1747
Universal Corp
UVV
$1.31B
| $19.7M | ﹤0.01% |
428,411
+4,305
| +1% | +$225K |
|
1748
Knowles
KN
$3.13B
| $19.7M | ﹤0.01% |
1,619,554
+33,154
| +2% | +$531K |
|
1749
Agilysys
AGYS
$2.97B
| $19.7M | ﹤0.01% |
355,063
+11,097
| +3% | +$560K |
|
1750
AbCellera Biologics
ABCL
$1.74B
| $19.6M | ﹤0.01% |
1,985,197
+55,399
| +3% | +$608K |
|
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.