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 | |
|---|---|---|---|---|---|---|
2526
SmartFinancial
SMBK
$909M
| $6.59M | ﹤0.01% |
266,846
+1,609
| +0.6% | +$40.6K |
|
|
VTNR
2527
DELISTED
Vertex Energy, Inc
VTNR
| $6.59M | ﹤0.01% |
1,058,148
+155,871
| +17% | +$1.43M |
|
2528
Invesco Mortgage Capital
IVR
$757M
| $6.59M | ﹤0.01% |
593,401
+5,681
| +1% | +$88.4K |
|
|
INST
2529
DELISTED
Instructure Holdings, Inc.
INST
| $6.59M | ﹤0.01% |
295,635
+151,629
| +105% | +$3.54M |
|
2530
Hyliion Holdings
HYLN
$672M
| $6.53M | ﹤0.01% |
2,276,837
+179,505
| +9% | +$654K |
|
2531
Amalgamated Financial
AMAL
$1.48B
| $6.53M | ﹤0.01% |
289,475
+13,394
| +5% | +$300K |
|
2532
Citizens & Northern Corp
CZNC
$454M
| $6.53M | ﹤0.01% |
269,884
+2,217
| +0.8% | +$54.1K |
|
2533
Allient
ALNT
$1.53B
| $6.52M | ﹤0.01% |
227,962
+17,276
| +8% | +$515K |
|
2534
Republic Bancorp
RBCAA
$1.95B
| $6.52M | ﹤0.01% |
170,305
+107
| +0.1% | +$4.75K |
|
|
CSTR
2535
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $6.5M | ﹤0.01% |
350,910
+952
| +0.3% | +$19.3K |
|
2536
Lennar Class B
LEN.B
$20.1B
| $6.5M | ﹤0.01% |
114,877
+6,129
| +6% | +$373K |
|
|
NUVL
2537
DELISTED
Nuvalent
NUVL
| $6.5M | ﹤0.01% |
334,289
+81,111
| +32% | +$1.36M |
|
|
BASE
2538
DELISTED
Couchbase
BASE
| $6.47M | ﹤0.01% |
453,673
+139,887
| +45% | +$2.26M |
|
2539
Tucows
TCX
$153M
| $6.47M | ﹤0.01% |
172,976
+5,123
| +3% | +$235K |
|
2540
Archer Aviation
ACHR
$3.69B
| $6.46M | ﹤0.01% |
2,473,774
+279,724
| +13% | +$983K |
|
|
ONTF
2541
DELISTED
ON24
ONTF
| $6.45M | ﹤0.01% |
732,792
+307,802
| +72% | +$2.95M |
|
2542
Vishay Precision Group
VPG
$1.22B
| $6.41M | ﹤0.01% |
216,631
+1,846
| +0.9% | +$58.7K |
|
2543
Target Hospitality
TH
$1.57B
| $6.39M | ﹤0.01% |
506,539
-28,909
| -5% | -$362K |
|
2544
Compañía de Minas Buenaventura
BVN
$7.74B
| $6.38M | ﹤0.01% |
951,325
+22,991
| +2% | +$137K |
|
2545
Waterstone Financial
WSBF
$375M
| $6.37M | ﹤0.01% |
393,966
+748
| +0.2% | +$13.1K |
|
2546
MetroCity Bankshares
MCBS
$1.02B
| $6.35M | ﹤0.01% |
323,294
+5,229
| +2% | +$107K |
|
|
CVT
2547
DELISTED
Cvent Holding Corp. Common Stock
CVT
| $6.31M | ﹤0.01% |
1,202,448
-329,314
| -21% | -$1.87M |
|
2548
Anika Therapeutics
ANIK
$277M
| $6.29M | ﹤0.01% |
264,201
+2,879
| +1% | +$66.3K |
|
|
ICPT
2549
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $6.25M | ﹤0.01% |
447,778
+10,571
| +2% | +$170K |
|
2550
Microvast
MVST
$274M
| $6.24M | ﹤0.01% |
3,448,400
-325,128
| -9% | -$777K |
|
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.