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 | |
|---|---|---|---|---|---|---|
2176
Flex
FLEX
$42.5B
| $11M | ﹤0.01% |
878,670
-20,423
| -2% | -$261K |
|
2177
Douglas Dynamics
PLOW
$925M
| $11M | ﹤0.01% |
393,605
+10,316
| +3% | +$314K |
|
2178
Schneider National
SNDR
$6.18B
| $11M | ﹤0.01% |
542,433
+35,672
| +7% | +$828K |
|
2179
Gorman-Rupp
GRC
$2.2B
| $11M | ﹤0.01% |
461,670
+13,610
| +3% | +$369K |
|
|
VMEO
2180
DELISTED
Vimeo
VMEO
| $11M | ﹤0.01% |
2,744,344
+84,841
| +3% | +$502K |
|
2181
indie Semiconductor
INDI
$727M
| $11M | ﹤0.01% |
1,498,124
+88,781
| +6% | +$657K |
|
|
TGH
2182
DELISTED
Textainer Group Holdings limited
TGH
| $10.9M | ﹤0.01% |
407,451
-2,015
| -0.5% | -$61.2K |
|
2183
Theravance Biopharma
TBPH
$874M
| $10.9M | ﹤0.01% |
1,079,087
+51,423
| +5% | +$482K |
|
2184
AMC Global Media
AMCX
$484M
| $10.9M | ﹤0.01% |
538,564
-2,271
| -0.4% | -$62.6K |
|
2185
CEVA Inc
CEVA
$932M
| $10.9M | ﹤0.01% |
414,119
+3,068
| +0.7% | +$98.5K |
|
2186
N-able
NABL
$931M
| $10.9M | ﹤0.01% |
1,176,880
+9,053
| +0.8% | +$88.2K |
|
2187
argenx
ARGX
$51.8B
| $10.9M | ﹤0.01% |
30,752
+804
| +3% | +$298K |
|
|
FPI
2188
Farmland Partners
FPI
$416M
| $10.8M | ﹤0.01% |
856,233
+157,929
| +23% | +$2.25M |
|
|
PAYA
2189
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $10.8M | ﹤0.01% |
1,774,177
+215,005
| +14% | +$1.41M |
|
|
BRSP
2190
BrightSpire Capital
BRSP
$650M
| $10.8M | ﹤0.01% |
1,713,223
+73,538
| +4% | +$607K |
|
|
SHCR
2191
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $10.8M | ﹤0.01% |
5,674,801
+2,297,989
| +68% | +$4.03M |
|
|
ORGN
2192
DELISTED
Origin Materials
ORGN
| $10.8M | ﹤0.01% |
69,590
+2,979
| +4% | +$528K |
|
|
CFB
2193
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $10.8M | ﹤0.01% |
825,295
+5,378
| +0.7% | +$72.9K |
|
2194
Quanex
NX
$870M
| $10.8M | ﹤0.01% |
592,877
+13,768
| +2% | +$311K |
|
2195
BioNTech
BNTX
$23.4B
| $10.7M | ﹤0.01% |
79,462
+2,172
| +3% | +$332K |
|
|
HSII
2196
DELISTED
Heidrick & Struggles
HSII
| $10.7M | ﹤0.01% |
410,942
+11,857
| +3% | +$350K |
|
|
SOVO
2197
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $10.7M | ﹤0.01% |
749,382
+210,229
| +39% | +$3.07M |
|
2198
Ecovyst
ECVT
$1.32B
| $10.7M | ﹤0.01% |
1,262,678
+259,863
| +26% | +$2.47M |
|
2199
Constellium
CSTM
$3.8B
| $10.7M | ﹤0.01% |
1,050,820
+51,843
| +5% | +$687K |
|
2200
Lufax Holding
LU
$1.32B
| $10.7M | ﹤0.01% |
1,051,025
-109,337
| -9% | -$1.87M |
|
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.