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 | |
|---|---|---|---|---|---|---|
|
HTBK
2076
DELISTED
Heritage Commerce
HTBK
| $12.5M | ﹤0.01% |
1,102,748
+14,414
| +1% | +$166K |
|
|
FRG
2077
DELISTED
Franchise Group, Inc.
FRG
| $12.5M | ﹤0.01% |
514,104
+14,408
| +3% | +$473K |
|
2078
Usana Health Sciences
USNA
$425M
| $12.5M | ﹤0.01% |
222,650
+4,994
| +2% | +$330K |
|
2079
Thryv Holdings
THRY
$188M
| $12.5M | ﹤0.01% |
546,447
+123,400
| +29% | +$3.08M |
|
|
QVCGA
2080
DELISTED
QVC Group Inc Series A
QVCGA
| $12.4M | ﹤0.01% |
123,869
-3,160
| -2% | -$458K |
|
2081
Anterix
ATEX
$1.86B
| $12.4M | ﹤0.01% |
347,332
+65,813
| +23% | +$2.73M |
|
2082
Veru
VERU
$36.4M
| $12.4M | ﹤0.01% |
107,685
-4,489
| -4% | -$648K |
|
2083
Metropolitan Bank Holding Corp
MCB
$1.16B
| $12.4M | ﹤0.01% |
192,677
+12,552
| +7% | +$890K |
|
2084
Liberty Media Series A
FWONA
$22.2B
| $12.4M | ﹤0.01% |
246,065
-3,839
| -2% | -$214K |
|
|
TA
2085
DELISTED
TravelCenters of America LLC
TA
| $12.4M | ﹤0.01% |
229,102
+4,299
| +2% | +$214K |
|
|
SHYF
2086
DELISTED
The Shyft Group
SHYF
| $12.3M | ﹤0.01% |
604,370
+9,898
| +2% | +$231K |
|
2087
ProPetro Holding
PUMP
$1.32B
| $12.3M | ﹤0.01% |
1,531,467
+34,025
| +2% | +$304K |
|
2088
Viridian Therapeutics
VRDN
$2.08B
| $12.3M | ﹤0.01% |
599,766
+150,106
| +33% | +$2.7M |
|
2089
G-III Apparel Group
GIII
$1.56B
| $12.3M | ﹤0.01% |
822,181
+19,712
| +2% | +$403K |
|
|
ECHO
2090
EchoStar
ECHO
$25B
| $12.3M | ﹤0.01% |
745,752
-2,936
| -0.4% | -$54.9K |
|
|
RWT
2091
Redwood Trust
RWT
$583M
| $12.3M | ﹤0.01% |
2,137,488
+73,131
| +4% | +$565K |
|
|
BRMK
2092
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $12.3M | ﹤0.01% |
2,400,341
+31,522
| +1% | +$211K |
|
2093
E.W. Scripps
SSP
$268M
| $12.3M | ﹤0.01% |
1,087,533
+23,415
| +2% | +$332K |
|
|
HA
2094
DELISTED
Hawaiian Holdings, Inc.
HA
| $12.3M | ﹤0.01% |
931,817
+21,431
| +2% | +$327K |
|
2095
Liberty Broadband Class A
LBRDA
$4.95B
| $12.2M | ﹤0.01% |
164,092
-26,573
| -14% | -$2.81M |
|
|
CBL
2096
CBL Properties
CBL
$1.81B
| $12.2M | ﹤0.01% |
477,142
+211,176
| +79% | +$6.03M |
|
2097
Icahn Enterprises
IEP
$5.21B
| $12.2M | ﹤0.01% |
245,925
+12,102
| +5% | +$624K |
|
2098
OrthoPediatrics
KIDS
$539M
| $12.2M | ﹤0.01% |
264,615
+7,591
| +3% | +$372K |
|
2099
Scansource
SCSC
$1.18B
| $12.2M | ﹤0.01% |
460,753
+8,258
| +2% | +$249K |
|
2100
LivePerson
LPSN
$22.3M
| $12.1M | ﹤0.01% |
85,871
+3,220
| +4% | +$617K |
|
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.