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 | |
|---|---|---|---|---|---|---|
2001
John B. Sanfilippo & Son
JBSS
$967M
| $13.9M | ﹤0.01% |
184,220
+2,819
| +2% | +$213K |
|
2002
PAR Technology
PAR
$699M
| $13.9M | ﹤0.01% |
472,085
+23,750
| +5% | +$882K |
|
|
CUTR
2003
DELISTED
Cutera, Inc.
CUTR
| $13.9M | ﹤0.01% |
305,037
+17,896
| +6% | +$816K |
|
2004
1st Source
SRCE
$2.16B
| $13.9M | ﹤0.01% |
300,393
+3,096
| +1% | +$147K |
|
2005
Columbus McKinnon
CMCO
$553M
| $13.9M | ﹤0.01% |
531,079
+8,718
| +2% | +$265K |
|
2006
GFL Environmental
GFL
$14.9B
| $13.9M | ﹤0.01% |
550,041
+61,675
| +13% | +$1.71M |
|
2007
Sinclair Inc
SBGI
$992M
| $13.8M | ﹤0.01% |
765,398
-21,243
| -3% | -$472K |
|
|
KAMN
2008
DELISTED
Kaman Corp
KAMN
| $13.8M | ﹤0.01% |
495,410
+10,808
| +2% | +$337K |
|
2009
Abercrombie & Fitch
ANF
$4.42B
| $13.8M | ﹤0.01% |
887,803
-7,432
| -0.8% | -$128K |
|
2010
Outset Medical
OM
$84.7M
| $13.8M | ﹤0.01% |
57,639
+4,835
| +9% | +$1.29M |
|
2011
Gogo Inc
GOGO
$565M
| $13.8M | ﹤0.01% |
1,136,170
+17,777
| +2% | +$270K |
|
|
RDUS
2012
DELISTED
Radius Recycling
RDUS
| $13.7M | ﹤0.01% |
482,914
+6,164
| +1% | +$207K |
|
2013
The Greenbrier Companies
GBX
$1.52B
| $13.7M | ﹤0.01% |
565,463
+11,354
| +2% | +$342K |
|
2014
Rocket Pharmaceuticals
RCKT
$340M
| $13.7M | ﹤0.01% |
859,219
+50,756
| +6% | +$792K |
|
|
MNTV
2015
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $13.7M | ﹤0.01% |
2,358,374
+16,466
| +0.7% | +$128K |
|
2016
Anavex Life Sciences
AVXL
$255M
| $13.7M | ﹤0.01% |
1,325,928
+13,706
| +1% | +$145K |
|
2017
Monarch Casino & Resort
MCRI
$2.2B
| $13.7M | ﹤0.01% |
243,503
+3,783
| +2% | +$232K |
|
2018
Oceaneering
OII
$4.86B
| $13.7M | ﹤0.01% |
1,716,975
+22,117
| +1% | +$208K |
|
|
CCC
2019
CCC Intelligent Solutions
CCC
$3.59B
| $13.7M | ﹤0.01% |
1,501,531
+378,309
| +34% | +$3.58M |
|
|
MFA
2020
MFA Financial
MFA
$926M
| $13.6M | ﹤0.01% |
1,748,246
+30,297
| +2% | +$338K |
|
|
SQSP
2021
DELISTED
Squarespace, Inc.
SQSP
| $13.6M | ﹤0.01% |
636,324
+120,037
| +23% | +$2.62M |
|
|
DCH
2022
Dauch Corp
DCH
$1.34B
| $13.6M | ﹤0.01% |
1,987,703
+48,504
| +3% | +$437K |
|
|
SNBR
2023
DELISTED
Sleep Number
SNBR
| $13.5M | ﹤0.01% |
400,522
+1,288
| +0.3% | +$51.7K |
|
2024
Icon
ICLR
$12.6B
| $13.5M | ﹤0.01% |
73,613
+1,698
| +2% | +$370K |
|
2025
TPG
TPG
$7.01B
| $13.5M | ﹤0.01% |
484,893
+140,794
| +41% | +$4.07M |
|
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.