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 | |
|---|---|---|---|---|---|---|
2351
Carriage Services
CSV
$645M
| $8.6M | ﹤0.01% |
267,552
+596
| +0.2% | +$22.3K |
|
2352
CRH
CRH
$65.6B
| $8.59M | ﹤0.01% |
266,614
-21,290
| -7% | -$774K |
|
2353
Vale
VALE
$62B
| $8.58M | ﹤0.01% |
644,492
+1,751
| +0.3% | +$23K |
|
|
EBIX
2354
DELISTED
Ebix Inc
EBIX
| $8.58M | ﹤0.01% |
452,543
+1,900
| +0.4% | +$41.8K |
|
|
STER
2355
DELISTED
Sterling Check Corp. Common Stock
STER
| $8.57M | ﹤0.01% |
485,857
+97,222
| +25% | +$1.93M |
|
2356
Sanofi
SNY
$103B
| $8.56M | ﹤0.01% |
225,217
+5,328
| +2% | +$237K |
|
|
ITOS
2357
DELISTED
iTeos Therapeutics
ITOS
| $8.51M | ﹤0.01% |
446,881
+48,806
| +12% | +$1.12M |
|
|
GES
2358
DELISTED
Guess Inc
GES
| $8.51M | ﹤0.01% |
580,019
-25,485
| -4% | -$456K |
|
2359
SunCoke Energy
SXC
$714M
| $8.5M | ﹤0.01% |
1,463,270
+5,728
| +0.4% | +$38.5K |
|
2360
Telos
TLS
$349M
| $8.49M | ﹤0.01% |
955,480
+8,648
| +0.9% | +$79.7K |
|
2361
Gevo
GEVO
$355M
| $8.48M | ﹤0.01% |
3,719,378
+182,640
| +5% | +$509K |
|
2362
LSB Industries
LXU
$707M
| $8.48M | ﹤0.01% |
594,933
+73,229
| +14% | +$1.04M |
|
2363
Bank First Corp
BFC
$1.72B
| $8.4M | ﹤0.01% |
109,884
+959
| +0.9% | +$74.8K |
|
2364
Corsair Gaming
CRSR
$1.15B
| $8.35M | ﹤0.01% |
736,067
+36,460
| +5% | +$523K |
|
2365
Life Time Group Holdings
LTH
$9.87B
| $8.34M | ﹤0.01% |
855,561
+158,448
| +23% | +$2.1M |
|
2366
Acco Brands
ACCO
$399M
| $8.33M | ﹤0.01% |
1,700,889
+23,096
| +1% | +$146K |
|
2367
Definitive Healthcare
DH
$73.9M
| $8.33M | ﹤0.01% |
536,338
+87,082
| +19% | +$1.92M |
|
|
CMAX
2368
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $8.3M | ﹤0.01% |
39,050
+563
| +1% | +$114K |
|
2369
Samsara
IOT
$21.6B
| $8.28M | ﹤0.01% |
685,783
+81,566
| +13% | +$1.16M |
|
2370
Bank of Marin Bancorp
BMRC
$474M
| $8.28M | ﹤0.01% |
276,322
-7,491
| -3% | -$238K |
|
|
EWCZ
2371
DELISTED
European Wax Center
EWCZ
| $8.26M | ﹤0.01% |
447,915
+117,054
| +35% | +$2.3M |
|
2372
Bausch Health
BHC
$2.62B
| $8.26M | ﹤0.01% |
1,096,275
+257,627
| +31% | +$1.79M |
|
|
SNCY
2373
DELISTED
Sun Country Airlines
SNCY
| $8.26M | ﹤0.01% |
606,552
+9,434
| +2% | +$177K |
|
|
AAMI
2374
Acadian Asset Management
AAMI
$3.2B
| $8.24M | ﹤0.01% |
552,476
-13,019
| -2% | -$234K |
|
2375
Cimpress
CMPR
$2.4B
| $8.23M | ﹤0.01% |
336,239
+2,374
| +0.7% | +$81.2K |
|
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.