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 | |
|---|---|---|---|---|---|---|
2551
Zumiez
ZUMZ
$345M
| $6.22M | ﹤0.01% |
288,984
-17,071
| -6% | -$446K |
|
2552
Custom Truck One Source
CTOS
$2.42B
| $6.22M | ﹤0.01% |
1,066,624
+111,970
| +12% | +$698K |
|
2553
Vuzix
VUZI
$200M
| $6.21M | ﹤0.01% |
1,073,236
+30,976
| +3% | +$239K |
|
|
GPMT
2554
Granite Point Mortgage Trust
GPMT
$69.5M
| $6.18M | ﹤0.01% |
960,519
-5,956
| -0.6% | -$56.4K |
|
2555
GCM Grosvenor
GCMG
$795M
| $6.18M | ﹤0.01% |
783,727
+64,918
| +9% | +$509K |
|
2556
Arcturus Therapeutics
ARCT
$171M
| $6.18M | ﹤0.01% |
416,791
+24,254
| +6% | +$407K |
|
2557
Alerus Financial
ALRS
$853M
| $6.16M | ﹤0.01% |
278,827
-25,988
| -9% | -$613K |
|
2558
Seer Inc
SEER
$123M
| $6.15M | ﹤0.01% |
795,206
-2,911
| -0.4% | -$28.3K |
|
2559
MasterCraft Boat Holdings
MCFT
$582M
| $6.15M | ﹤0.01% |
326,397
+1,102
| +0.3% | +$25.3K |
|
2560
OneWater Marine
ONEW
$213M
| $6.14M | ﹤0.01% |
203,990
-1,716
| -0.8% | -$62.7K |
|
|
LICY
2561
DELISTED
Li-Cycle Holdings Corp.
LICY
| $6.13M | ﹤0.01% |
143,921
+8,993
| +7% | +$489K |
|
2562
Expensify
EXFY
$178M
| $6.12M | ﹤0.01% |
411,292
+288,823
| +236% | +$5.39M |
|
2563
Altimmune
ALT
$583M
| $6.08M | ﹤0.01% |
476,067
+96,236
| +25% | +$1.42M |
|
|
CORZ
2564
DELISTED
Core Scientific, Inc. Common Stock
CORZ
| $6.07M | ﹤0.01% |
4,670,921
+647,948
| +16% | +$1.38M |
|
|
ALBO
2565
DELISTED
Albireo Pharma Inc
ALBO
| $6.05M | ﹤0.01% |
312,744
-15,957
| -5% | -$330K |
|
2566
Bridgewater Bancshares
BWB
$579M
| $6.05M | ﹤0.01% |
367,538
-14,473
| -4% | -$248K |
|
|
ROVR
2567
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $6.04M | ﹤0.01% |
1,809,683
+190,284
| +12% | +$758K |
|
|
MLNK
2568
DELISTED
MeridianLink
MLNK
| $6.03M | ﹤0.01% |
370,126
+57,134
| +18% | +$997K |
|
|
KALV
2569
DELISTED
KalVista Pharmaceuticals
KALV
| $6.02M | ﹤0.01% |
414,859
+17,844
| +4% | +$249K |
|
2570
Plains All American Pipeline
PAA
$17.1B
| $6.01M | ﹤0.01% |
571,206
-3,150
| -0.5% | -$35.2K |
|
|
TCDA
2571
DELISTED
Tricida, Inc. Common Stock
TCDA
| $6.01M | ﹤0.01% |
573,439
-33,454
| -6% | -$366K |
|
2572
First Internet Bancorp
INBK
$261M
| $5.97M | ﹤0.01% |
176,467
-4,276
| -2% | -$156K |
|
2573
Vital Farms
VITL
$548M
| $5.97M | ﹤0.01% |
498,578
+18,411
| +4% | +$220K |
|
|
AMNB
2574
DELISTED
American National Bankshares Inc
AMNB
| $5.97M | ﹤0.01% |
186,741
+134
| +0.1% | +$4.58K |
|
2575
Logitech
LOGI
$15.1B
| $5.96M | ﹤0.01% |
129,671
+1,701
| +1% | +$89.4K |
|
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.