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 | |
|---|---|---|---|---|---|---|
1901
Warby Parker
WRBY
$3.28B
| $16M | ﹤0.01% |
1,202,936
+458,669
| +62% | +$6.11M |
|
1902
Preferred Bank
PFBC
$1.24B
| $16M | ﹤0.01% |
244,622
+859
| +0.4% | +$59.9K |
|
1903
Futu Holdings
FUTU
$14.7B
| $15.9M | ﹤0.01% |
430,454
+6,348
| +1% | +$277K |
|
1904
CareDx
CDNA
$2.26B
| $15.9M | ﹤0.01% |
936,787
+13,595
| +1% | +$292K |
|
|
OPTU
1905
Optimum Communications Inc
OPTU
$298M
| $15.9M | ﹤0.01% |
2,731,600
-83,893
| -3% | -$803K |
|
|
ONT
1906
Onterris Inc
ONT
$759M
| $15.9M | ﹤0.01% |
472,532
+13,786
| +3% | +$547K |
|
|
ATRI
1907
DELISTED
Atrion Corp
ATRI
| $15.9M | ﹤0.01% |
28,092
+480
| +2% | +$298K |
|
|
OLPX
1908
DELISTED
Olaplex Holdings
OLPX
| $15.8M | ﹤0.01% |
1,654,062
+141,752
| +9% | +$2.03M |
|
|
CHCT
1909
Community Healthcare Trust
CHCT
$523M
| $15.8M | ﹤0.01% |
482,025
-15,338
| -3% | -$567K |
|
1910
Marcus & Millichap
MMI
$1.16B
| $15.8M | ﹤0.01% |
481,276
+2,806
| +0.6% | +$106K |
|
|
RC
1911
Ready Capital
RC
$258M
| $15.7M | ﹤0.01% |
1,553,137
+320,048
| +26% | +$4.14M |
|
|
BTRS
1912
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
| $15.7M | ﹤0.01% |
1,697,881
+133,438
| +9% | +$865K |
|
1913
Kanzhun
BZ
$7.27B
| $15.7M | ﹤0.01% |
932,960
+450,673
| +93% | +$10.2M |
|
1914
Primoris Services
PRIM
$4.58B
| $15.7M | ﹤0.01% |
965,198
+18,185
| +2% | +$380K |
|
1915
Planet Labs
PL
$7.3B
| $15.7M | ﹤0.01% |
2,886,181
+48,526
| +2% | +$268K |
|
|
CTEV
1916
Claritev Corp
CTEV
$387M
| $15.7M | ﹤0.01% |
136,991
+2,086
| +2% | +$345K |
|
1917
West Fraser Timber
WFG
$5.08B
| $15.7M | ﹤0.01% |
208,850
+2,793
| +1% | +$242K |
|
1918
Nabors Industries
NBR
$1.27B
| $15.6M | ﹤0.01% |
154,154
+4,979
| +3% | +$610K |
|
1919
AdvanSix
ASIX
$541M
| $15.6M | ﹤0.01% |
486,245
+3,773
| +0.8% | +$136K |
|
|
ZUO
1920
DELISTED
Zuora, Inc.
ZUO
| $15.6M | ﹤0.01% |
2,111,263
+125,281
| +6% | +$1.08M |
|
1921
SSR Mining
SSRM
$5.32B
| $15.6M | ﹤0.01% |
1,059,239
+25,841
| +3% | +$389K |
|
1922
Simulations Plus
SLP
$369M
| $15.6M | ﹤0.01% |
320,685
+10,103
| +3% | +$590K |
|
1923
Beyond Meat
BYND
$292M
| $15.5M | ﹤0.01% |
1,094,000
+21,394
| +2% | +$590K |
|
|
MTTR
1924
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $15.5M | ﹤0.01% |
4,087,936
+157,006
| +4% | +$692K |
|
1925
Zai Lab
ZLAB
$2.06B
| $15.5M | ﹤0.01% |
454,272
+32,749
| +8% | +$1.4M |
|
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.