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 | |
|---|---|---|---|---|---|---|
2501
Artesian Resources
ARTNA
$352M
| $6.78M | ﹤0.01% |
140,992
-2,092
| -1% | -$111K |
|
2502
Dyne Therapeutics
DYN
$4.71B
| $6.78M | ﹤0.01% |
533,617
+34,499
| +7% | +$396K |
|
2503
Ocugen
OCGN
$424M
| $6.77M | ﹤0.01% |
3,805,948
+126,842
| +3% | +$316K |
|
|
SRG
2504
Seritage Growth Properties
SRG
$137M
| $6.77M | ﹤0.01% |
750,607
-37,940
| -5% | -$434K |
|
2505
Mid Penn Bancorp
MPB
$970M
| $6.75M | ﹤0.01% |
234,896
+1,245
| +0.5% | +$35.7K |
|
|
CYBE
2506
DELISTED
Cyberoptics Corp
CYBE
| $6.74M | ﹤0.01% |
125,363
-1,244
| -1% | -$58.1K |
|
|
IMGO
2507
DELISTED
Imago BioSciences, Inc. Common stock
IMGO
| $6.73M | ﹤0.01% |
447,383
+140,887
| +46% | +$2.29M |
|
2508
Elbit Systems
ESLT
$38.9B
| $6.73M | ﹤0.01% |
35,384
+873
| +3% | +$189K |
|
2509
908 Devices
MASS
$345M
| $6.72M | ﹤0.01% |
408,779
+57,178
| +16% | +$1.11M |
|
2510
Omega Flex
OFLX
$305M
| $6.72M | ﹤0.01% |
72,606
+3,454
| +5% | +$377K |
|
2511
America's Car Mart
CRMT
$29.1M
| $6.72M | ﹤0.01% |
110,179
-517
| -0.5% | -$46.4K |
|
2512
Kiniksa Pharmaceuticals
KNSA
$5.73B
| $6.72M | ﹤0.01% |
523,473
-7,996
| -2% | -$91.1K |
|
2513
XP
XP
$8.8B
| $6.72M | ﹤0.01% |
353,530
+14,572
| +4% | +$289K |
|
2514
Orthofix Medical
OFIX
$496M
| $6.7M | ﹤0.01% |
350,742
+8,212
| +2% | +$185K |
|
2515
Atara Biotherapeutics
ATRA
$77M
| $6.7M | ﹤0.01% |
70,853
+2,395
| +3% | +$269K |
|
2516
Sportsman's Warehouse
SPWH
$44.9M
| $6.67M | ﹤0.01% |
804,113
-2,927
| -0.4% | -$27.7K |
|
2517
Weibo
WB
$2.01B
| $6.67M | ﹤0.01% |
391,287
+34,658
| +10% | +$669K |
|
|
FLIC
2518
DELISTED
First of Long Island Corp
FLIC
| $6.67M | ﹤0.01% |
387,108
+5,406
| +1% | +$99.7K |
|
2519
Financial Institutions
FISI
$838M
| $6.66M | ﹤0.01% |
276,509
+3,274
| +1% | +$85K |
|
2520
Douglas Elliman
DOUG
$158M
| $6.65M | ﹤0.01% |
1,704,239
+225,137
| +15% | +$1.11M |
|
|
EGIO
2521
DELISTED
Edgio, Inc. Common Stock
EGIO
| $6.63M | ﹤0.01% |
59,633
+220
| +0.4% | +$26K |
|
2522
CNB Financial Corp
CCNE
$1.05B
| $6.63M | ﹤0.01% |
281,319
-9,004
| -3% | -$230K |
|
2523
Blend Labs
BLND
$467M
| $6.63M | ﹤0.01% |
2,999,530
+1,245,478
| +71% | +$3.53M |
|
|
REVG
2524
DELISTED
REV Group
REVG
| $6.61M | ﹤0.01% |
599,167
-7,732
| -1% | -$88.8K |
|
2525
Bar Harbor Bankshares
BHB
$675M
| $6.6M | ﹤0.01% |
248,740
+2,738
| +1% | +$76.9K |
|
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.