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 | |
|---|---|---|---|---|---|---|
1776
Gildan
GIL
$10.3B
| $18.7M | ﹤0.01% |
637,957
+70,013
| +12% | +$2.09M |
|
1777
Andersons Inc
ANDE
$2.41B
| $18.7M | ﹤0.01% |
601,478
+20,491
| +4% | +$713K |
|
1778
Buckle
BKE
$2.25B
| $18.6M | ﹤0.01% |
588,949
+9,338
| +2% | +$293K |
|
|
COWN
1779
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $18.6M | ﹤0.01% |
482,568
-4,570
| -0.9% | -$166K |
|
1780
ZipRecruiter
ZIP
$321M
| $18.6M | ﹤0.01% |
1,129,754
+399,432
| +55% | +$6.96M |
|
1781
Pegasystems
PEGA
$5.02B
| $18.6M | ﹤0.01% |
1,158,316
+7,442
| +0.6% | +$151K |
|
1782
Live Oak Bancshares
LOB
$1.98B
| $18.6M | ﹤0.01% |
608,256
+21,329
| +4% | +$765K |
|
1783
Virgin Galactic
SPCE
$328M
| $18.6M | ﹤0.01% |
197,494
+25,580
| +15% | +$3.28M |
|
1784
German American Bancorp
GABC
$1.91B
| $18.6M | ﹤0.01% |
520,040
+12,550
| +2% | +$463K |
|
1785
FirstService
FSV
$6.48B
| $18.6M | ﹤0.01% |
156,356
+9,474
| +6% | +$1.21M |
|
|
NXGN
1786
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $18.5M | ﹤0.01% |
1,047,964
+28,051
| +3% | +$487K |
|
|
WCN
1787
Waste Connections
WCN
$42.2B
| $18.5M | ﹤0.01% |
131,299
+5,332
| +4% | +$727K |
|
1788
Talos Energy
TALO
$2.53B
| $18.5M | ﹤0.01% |
1,111,707
+218,891
| +25% | +$3.92M |
|
|
PRA
1789
DELISTED
ProAssurance
PRA
| $18.5M | ﹤0.01% |
947,954
+12,652
| +1% | +$278K |
|
1790
Liberty Latin America Class C
LILAK
$1.63B
| $18.5M | ﹤0.01% |
3,306,514
+18,294
| +0.6% | +$118K |
|
|
LBAI
1791
DELISTED
Lakeland Bancorp Inc
LBAI
| $18.4M | ﹤0.01% |
1,152,424
+35,358
| +3% | +$563K |
|
|
HOUS
1792
DELISTED
Anywhere Real Estate
HOUS
| $18.4M | ﹤0.01% |
2,271,324
-27,363
| -1% | -$280K |
|
1793
BGC Group
BGC
$5.45B
| $18.4M | ﹤0.01% |
5,859,564
+63,919
| +1% | +$247K |
|
1794
Credo Technology Group
CRDO
$38.6B
| $18.4M | ﹤0.01% |
1,672,238
+1,198,177
| +253% | +$15.8M |
|
1795
Tencent Music
TME
$15.5B
| $18.4M | ﹤0.01% |
4,532,281
+311,797
| +7% | +$1.42M |
|
1796
Customers Bancorp
CUBI
$2.66B
| $18.3M | ﹤0.01% |
621,486
+20,645
| +3% | +$731K |
|
1797
Riot Platforms
RIOT
$7.63B
| $18.3M | ﹤0.01% |
2,610,649
+434,125
| +20% | +$3.06M |
|
1798
RadNet
RDNT
$5.02B
| $18.3M | ﹤0.01% |
898,519
+46,646
| +5% | +$940K |
|
|
VTLE
1799
DELISTED
Vital Energy
VTLE
| $18.3M | ﹤0.01% |
290,863
+28,524
| +11% | +$2.03M |
|
1800
Hillman Solutions
HLMN
$1.54B
| $18.3M | ﹤0.01% |
2,423,839
+186,060
| +8% | +$1.64M |
|
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.