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 | |
|---|---|---|---|---|---|---|
2151
Victory Capital Holdings
VCTR
$6.37B
| $11.4M | ﹤0.01% |
487,445
+42,592
| +10% | +$1.13M |
|
2152
Compass
COMP
$8.73B
| $11.3M | ﹤0.01% |
4,887,209
+2,291,714
| +88% | +$8.14M |
|
2153
Barrett Business Services
BBSI
$981M
| $11.3M | ﹤0.01% |
581,128
+6,412
| +1% | +$128K |
|
2154
Cerus
CERS
$441M
| $11.3M | ﹤0.01% |
3,146,504
+100,177
| +3% | +$479K |
|
|
TRST
2155
Trustco Bank Corp NY
TRST
$979M
| $11.3M | ﹤0.01% |
359,955
+9,138
| +3% | +$303K |
|
2156
Clearwater Paper
CLW
$353M
| $11.3M | ﹤0.01% |
300,261
+5,008
| +2% | +$198K |
|
|
XRN
2157
Chiron Real Estate Inc
XRN
$511M
| $11.2M | ﹤0.01% |
263,723
+3,937
| +2% | +$217K |
|
|
HONE
2158
DELISTED
HarborOne Bancorp
HONE
| $11.2M | ﹤0.01% |
835,865
-3,065
| -0.4% | -$43.2K |
|
|
PRSU
2159
Pursuit Attractions and Hospitality Inc
PRSU
$1.4B
| $11.2M | ﹤0.01% |
355,061
-1,608
| -0.5% | -$56.1K |
|
2160
Camden National
CAC
$1B
| $11.2M | ﹤0.01% |
262,376
+4,293
| +2% | +$195K |
|
|
ESMT
2161
DELISTED
EngageSmart, Inc.
ESMT
| $11.2M | ﹤0.01% |
540,200
+263,445
| +95% | +$5.16M |
|
2162
Mission Produce
AVO
$1.13B
| $11.2M | ﹤0.01% |
772,273
+28,779
| +4% | +$439K |
|
2163
Seaboard Corp
SEB
$4.23B
| $11.2M | ﹤0.01% |
3,281
-4
| -0.1% | -$15.4K |
|
|
SRNE
2164
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $11.2M | ﹤0.01% |
7,108,284
+215,337
| +3% | +$488K |
|
|
MRSN
2165
DELISTED
Mersana Therapeutics
MRSN
| $11.2M | ﹤0.01% |
66,001
+3,123
| +5% | +$508K |
|
2166
Winmark
WINA
$1.24B
| $11.2M | ﹤0.01% |
51,547
+125
| +0.2% | +$27.1K |
|
|
WOW
2167
DELISTED
WideOpenWest
WOW
| $11.1M | ﹤0.01% |
908,403
+7,693
| +0.9% | +$137K |
|
2168
Bally's
BALY
$682M
| $11.1M | ﹤0.01% |
562,874
-27,520
| -5% | -$630K |
|
|
DAWN
2169
DELISTED
Day One Biopharmaceuticals
DAWN
| $11.1M | ﹤0.01% |
554,630
+112,271
| +25% | +$2.39M |
|
2170
Tootsie Roll Industries
TR
$2.95B
| $11.1M | ﹤0.01% |
375,554
+16,691
| +5% | +$521K |
|
|
XM
2171
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
| $11.1M | ﹤0.01% |
1,088,225
+33,592
| +3% | +$417K |
|
2172
Franklin Covey
FC
$250M
| $11.1M | ﹤0.01% |
243,846
+26,370
| +12% | +$1.31M |
|
|
LGTY
2173
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $11.1M | ﹤0.01% |
721,905
+86,847
| +14% | +$1.47M |
|
|
TBI
2174
Trueblue
TBI
$232M
| $11.1M | ﹤0.01% |
579,390
+3,499
| +0.6% | +$70.8K |
|
|
AMRS
2175
DELISTED
Amyris Inc.
AMRS
| $11M | ﹤0.01% |
3,781,195
+154,905
| +4% | +$422K |
|
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.