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 | |
|---|---|---|---|---|---|---|
|
GDEN
2026
DELISTED
Golden Entertainment
GDEN
| $13.5M | ﹤0.01% |
386,846
+20,786
| +6% | +$831K |
|
2027
Orion
OEC
$381M
| $13.5M | ﹤0.01% |
1,010,315
-13,782
| -1% | -$224K |
|
|
OLO
2028
DELISTED
Olo Inc
OLO
| $13.4M | ﹤0.01% |
1,698,922
+107,583
| +7% | +$1.03M |
|
|
RADI
2029
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $13.4M | ﹤0.01% |
1,423,898
+58,381
| +4% | +$817K |
|
|
ACCD
2030
DELISTED
Accolade Inc
ACCD
| $13.4M | ﹤0.01% |
1,173,751
+116,722
| +11% | +$1.27M |
|
2031
Mercury Insurance
MCY
$5.93B
| $13.4M | ﹤0.01% |
471,561
+5,865
| +1% | +$213K |
|
2032
Hawkins
HWKN
$2.67B
| $13.4M | ﹤0.01% |
342,449
+3,703
| +1% | +$144K |
|
2033
Innoviva
INVA
$1.55B
| $13.3M | ﹤0.01% |
1,149,935
+14,055
| +1% | +$193K |
|
2034
Cars.com
CARS
$662M
| $13.3M | ﹤0.01% |
1,160,414
-7,200
| -0.6% | -$85K |
|
2035
Petco
WOOF
$797M
| $13.3M | ﹤0.01% |
1,192,063
-3,483
| -0.3% | -$50.9K |
|
2036
ARKO Corp
ARKO
$896M
| $13.3M | ﹤0.01% |
1,413,748
+65,167
| +5% | +$618K |
|
2037
Vodafone
VOD
$36.3B
| $13.2M | ﹤0.01% |
1,168,956
-18,928
| -2% | -$264K |
|
|
ME
2038
DELISTED
23andMe Holding Co
ME
| $13.2M | ﹤0.01% |
231,427
+50,564
| +28% | +$3.31M |
|
|
HSKA
2039
DELISTED
Heska Corp
HSKA
| $13.2M | ﹤0.01% |
181,539
+250
| +0.1% | +$22.1K |
|
2040
Astec Industries
ASTE
$1.16B
| $13.2M | ﹤0.01% |
424,373
+9,806
| +2% | +$399K |
|
2041
PROG Holdings
PRG
$1.75B
| $13.2M | ﹤0.01% |
883,448
-58,565
| -6% | -$1.1M |
|
2042
Unitil
UTL
$970M
| $13.2M | ﹤0.01% |
284,245
+4,170
| +1% | +$226K |
|
2043
Wabash National
WNC
$512M
| $13.2M | ﹤0.01% |
848,265
+17,134
| +2% | +$280K |
|
|
BRSL
2044
Brightstar Lottery PLC
BRSL
$1.84B
| $13.2M | ﹤0.01% |
833,647
+11,350
| +1% | +$212K |
|
2045
Hanmi Financial
HAFC
$945M
| $13.2M | ﹤0.01% |
556,104
-4,110
| -0.7% | -$101K |
|
2046
JELD-WEN Holding
JELD
$122M
| $13.2M | ﹤0.01% |
1,504,235
+2,908
| +0.2% | +$38.1K |
|
|
AMWD
2047
DELISTED
American Woodmark
AMWD
| $13.1M | ﹤0.01% |
299,320
+4,030
| +1% | +$197K |
|
2048
Horizon Bancorp
HBNC
$1.04B
| $13.1M | ﹤0.01% |
728,391
+14,108
| +2% | +$265K |
|
|
POSH
2049
DELISTED
Poshmark, Inc. Class A Common Stock
POSH
| $13.1M | ﹤0.01% |
834,442
+40,825
| +5% | +$486K |
|
2050
PDF Solutions
PDFS
$1.93B
| $13.1M | ﹤0.01% |
532,968
+4,747
| +0.9% | +$120K |
|
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.