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 | |
|---|---|---|---|---|---|---|
|
RUTH
2301
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $9.45M | ﹤0.01% |
560,289
-1,903
| -0.3% | -$33.7K |
|
|
BFS
2302
Saul Centers
BFS
$842M
| $9.44M | ﹤0.01% |
251,622
-11,225
| -4% | -$517K |
|
|
EGLE
2303
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $9.43M | ﹤0.01% |
218,329
-27,212
| -11% | -$1.29M |
|
2304
Fluence Energy
FLNC
$1.93B
| $9.42M | ﹤0.01% |
645,811
+21,048
| +3% | +$318K |
|
2305
Interface
TILE
$2.03B
| $9.41M | ﹤0.01% |
1,047,205
+13,363
| +1% | +$162K |
|
2306
AnaptysBio
ANAB
$1.59B
| $9.4M | ﹤0.01% |
368,599
-2,625
| -0.7% | -$61.5K |
|
|
CLDT
2307
Chatham Lodging
CLDT
$614M
| $9.39M | ﹤0.01% |
951,036
+3,800
| +0.4% | +$45.7K |
|
2308
OneSpaWorld
OSW
$2.68B
| $9.36M | ﹤0.01% |
1,114,523
+17,310
| +2% | +$145K |
|
2309
RPC Inc
RES
$1.28B
| $9.36M | ﹤0.01% |
1,350,835
+162,058
| +14% | +$1.17M |
|
2310
Merchants Bancorp
MBIN
$2.56B
| $9.36M | ﹤0.01% |
405,711
-50,726
| -11% | -$1.3M |
|
2311
IDEAYA Biosciences
IDYA
$3.41B
| $9.35M | ﹤0.01% |
626,855
+7,687
| +1% | +$99.8K |
|
2312
Artivion
AORT
$1.33B
| $9.3M | ﹤0.01% |
672,121
+5,722
| +0.9% | +$115K |
|
2313
American Vanguard Corp
AVD
$70.4M
| $9.29M | ﹤0.01% |
496,944
+12,465
| +3% | +$260K |
|
|
FARO
2314
DELISTED
Faro Technologies
FARO
| $9.22M | ﹤0.01% |
336,174
+2,831
| +0.8% | +$92.3K |
|
2315
Midland States Bancorp
MSBI
$711M
| $9.22M | ﹤0.01% |
391,358
+3,416
| +0.9% | +$88.2K |
|
|
VZIO
2316
DELISTED
VIZIO Holding Corp.
VZIO
| $9.15M | ﹤0.01% |
1,047,503
+179,455
| +21% | +$1.81M |
|
2317
Rocket Companies
RKT
$38.7B
| $9.14M | ﹤0.01% |
1,445,912
-72,969
| -5% | -$634K |
|
|
YMAB
2318
DELISTED
Y-mAbs Therapeutics
YMAB
| $9.13M | ﹤0.01% |
632,895
+6,727
| +1% | +$111K |
|
|
GOGL
2319
DELISTED
Golden Ocean Group
GOGL
| $9.12M | ﹤0.01% |
1,221,475
+36,264
| +3% | +$363K |
|
|
INFA
2320
DELISTED
Informatica
INFA
| $9.11M | ﹤0.01% |
454,056
+59,923
| +15% | +$1.29M |
|
2321
Portillo's
PTLO
$329M
| $9.11M | ﹤0.01% |
462,767
+95,215
| +26% | +$2.1M |
|
|
GLDD
2322
DELISTED
Great Lakes Dredge & Dock
GLDD
| $9.1M | ﹤0.01% |
1,200,966
+15,903
| +1% | +$167K |
|
2323
Genesco
GCO
$435M
| $9.1M | ﹤0.01% |
231,481
-707
| -0.3% | -$37.8K |
|
|
BLUE
2324
DELISTED
bluebird bio
BLUE
| $9.07M | ﹤0.01% |
71,676
+8,795
| +14% | +$995K |
|
2325
Aurinia Pharmaceuticals
AUPH
$1.87B
| $9.06M | ﹤0.01% |
1,204,982
+41,419
| +4% | +$359K |
|
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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.