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 | |
|---|---|---|---|---|---|---|
2051
Kearny Financial
KRNY
$604M
| $13.1M | ﹤0.01% |
1,230,252
+6,052
| +0.5% | +$69.6K |
|
|
AERI
2052
DELISTED
Aerie Pharmaceuticals
AERI
| $13.1M | ﹤0.01% |
862,809
+27,423
| +3% | +$319K |
|
2053
Mesa Laboratories
MLAB
$564M
| $13M | ﹤0.01% |
92,592
-175
| -0.2% | -$31.9K |
|
|
RPT
2054
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $12.9M | ﹤0.01% |
1,711,788
+21,766
| +1% | +$214K |
|
2055
Heartland Express
HTLD
$948M
| $12.9M | ﹤0.01% |
900,721
+20,989
| +2% | +$315K |
|
2056
Pan American Silver
PAAS
$18.2B
| $12.9M | ﹤0.01% |
813,283
+48,652
| +6% | +$848K |
|
2057
Levi Strauss
LEVI
$9.44B
| $12.9M | ﹤0.01% |
889,945
+3,591
| +0.4% | +$64.1K |
|
2058
Gates Industrial Corporation Ltd.
GTES
$7.08B
| $12.9M | ﹤0.01% |
1,318,291
+56,265
| +4% | +$637K |
|
|
UHT
2059
Universal Health Realty Income Trust
UHT
$603M
| $12.9M | ﹤0.01% |
297,778
+2,765
| +0.9% | +$141K |
|
|
PLYM
2060
DELISTED
Plymouth Industrial REIT
PLYM
| $12.8M | ﹤0.01% |
762,971
-24,798
| -3% | -$480K |
|
2061
Deluxe
DLX
$1.18B
| $12.8M | ﹤0.01% |
769,103
+19,139
| +3% | +$402K |
|
2062
Goosehead Insurance
GSHD
$2.2B
| $12.8M | ﹤0.01% |
359,163
+8,882
| +3% | +$461K |
|
2063
Blink Charging
BLNK
$74.3M
| $12.7M | ﹤0.01% |
719,205
+37,013
| +5% | +$760K |
|
2064
Zeta Global
ZETA
$5.38B
| $12.7M | ﹤0.01% |
1,926,669
+1,494,865
| +346% | +$9.23M |
|
|
CCF
2065
DELISTED
Chase Corporation
CCF
| $12.7M | ﹤0.01% |
152,280
+2,659
| +2% | +$235K |
|
|
DMC
2066
Del Monte Corp
DMC
$1.41B
| $12.7M | ﹤0.01% |
546,935
-16,030
| -3% | -$447K |
|
|
RDFN
2067
DELISTED
Redfin
RDFN
| $12.7M | ﹤0.01% |
2,172,202
+62,310
| +3% | +$553K |
|
|
SP
2068
DELISTED
SP Plus Corporation
SP
| $12.7M | ﹤0.01% |
405,021
-203
| -0.1% | -$6.71K |
|
2069
Matthews International
MATW
$866M
| $12.7M | ﹤0.01% |
565,809
+4,764
| +0.8% | +$124K |
|
|
RETA
2070
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $12.7M | ﹤0.01% |
503,920
+12,055
| +2% | +$334K |
|
2071
Treace Medical Concepts
TMCI
$280M
| $12.6M | ﹤0.01% |
573,063
+171,851
| +43% | +$3.32M |
|
2072
PubMatic
PUBM
$585M
| $12.6M | ﹤0.01% |
759,470
+18,852
| +3% | +$341K |
|
|
GOOD
2073
Gladstone Commercial Corp
GOOD
$605M
| $12.6M | ﹤0.01% |
814,094
+4,055
| +0.5% | +$77.2K |
|
2074
Univest Financial
UVSP
$1.22B
| $12.6M | ﹤0.01% |
537,113
+9,495
| +2% | +$240K |
|
2075
Ichor Holdings
ICHR
$2.62B
| $12.5M | ﹤0.01% |
516,724
-4,029
| -0.8% | -$119K |
|
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.