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 | |
|---|---|---|---|---|---|---|
|
HCP
2126
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $11.6M | ﹤0.01% |
359,799
+43,765
| +14% | +$1.51M |
|
2127
Alphatec Holdings
ATEC
$1.55B
| $11.6M | ﹤0.01% |
1,324,484
+24,519
| +2% | +$194K |
|
|
TSE
2128
DELISTED
Trinseo
TSE
| $11.6M | ﹤0.01% |
631,779
-2,948
| -0.5% | -$92.3K |
|
2129
Modine Manufacturing
MOD
$10.7B
| $11.6M | ﹤0.01% |
893,991
+4,267
| +0.5% | +$59.9K |
|
2130
Metallus
MTUS
$829M
| $11.6M | ﹤0.01% |
771,617
+7,981
| +1% | +$133K |
|
2131
Lifestance Health
LFST
$4.05B
| $11.6M | ﹤0.01% |
1,746,348
+502,175
| +40% | +$3.5M |
|
2132
TFS Financial
TFSL
$5.25B
| $11.5M | ﹤0.01% |
887,757
-6,551
| -0.7% | -$92.9K |
|
|
ECOM
2133
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $11.5M | ﹤0.01% |
508,167
-29,625
| -6% | -$513K |
|
2134
Standard Motor Products
SMP
$859M
| $11.5M | ﹤0.01% |
354,292
+10,165
| +3% | +$405K |
|
2135
United Fire Group
UFCS
$1.34B
| $11.5M | ﹤0.01% |
400,628
+10,027
| +3% | +$309K |
|
2136
Solid Power
SLDP
$479M
| $11.5M | ﹤0.01% |
2,182,346
+588,722
| +37% | +$3.72M |
|
2137
Butterfly Network
BFLY
$2.17B
| $11.5M | ﹤0.01% |
2,436,602
+139,425
| +6% | +$736K |
|
|
TWKS
2138
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $11.4M | ﹤0.01% |
1,090,725
+246,939
| +29% | +$3.48M |
|
2139
CRA International
CRAI
$1.17B
| $11.4M | ﹤0.01% |
128,884
-153
| -0.1% | -$14K |
|
2140
Sterling Infrastructure
STRL
$18.4B
| $11.4M | ﹤0.01% |
532,568
+20,748
| +4% | +$498K |
|
2141
Kinetik
KNTK
$3.68B
| $11.4M | ﹤0.01% |
350,862
+24,766
| +8% | +$914K |
|
2142
MarineMax
HZO
$768M
| $11.4M | ﹤0.01% |
383,446
+7,161
| +2% | +$268K |
|
|
PWSC
2143
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $11.4M | ﹤0.01% |
684,137
-55,582
| -8% | -$898K |
|
|
ROCC
2144
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $11.4M | ﹤0.01% |
362,817
-23,184
| -6% | -$816K |
|
2145
Cerence
CRNC
$407M
| $11.4M | ﹤0.01% |
723,928
+8,748
| +1% | +$196K |
|
|
HIBB
2146
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $11.4M | ﹤0.01% |
228,815
+2,073
| +0.9% | +$109K |
|
|
DO
2147
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $11.4M | ﹤0.01% |
1,718,564
+74,533
| +5% | +$502K |
|
|
DM
2148
DELISTED
Desktop Metal, Inc.
DM
| $11.4M | ﹤0.01% |
439,694
+51,096
| +13% | +$1.43M |
|
2149
FuboTV Inc
FUBO
$283M
| $11.4M | ﹤0.01% |
267,120
+7,988
| +3% | +$343K |
|
|
ARGO
2150
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $11.4M | ﹤0.01% |
590,181
+7,774
| +1% | +$204K |
|
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.