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 | |
|---|---|---|---|---|---|---|
|
KLRS
2576
Kalaris Therapeutics
KLRS
$103M
| $5.96M | ﹤0.01% |
32,816
+8,857
| +37% | +$1.38M |
|
|
PFHD
2577
DELISTED
Professional Holding Corp. Class A Common stock
PFHD
| $5.95M | ﹤0.01% |
229,543
+10,823
| +5% | +$276K |
|
2578
Utah Medical Products
UTMD
$230M
| $5.95M | ﹤0.01% |
69,779
+1,715
| +3% | +$151K |
|
2579
OneSpan
OSPN
$600M
| $5.93M | ﹤0.01% |
688,655
+13,427
| +2% | +$145K |
|
2580
Stoke Therapeutics
STOK
$1.88B
| $5.91M | ﹤0.01% |
460,255
+16,446
| +4% | +$262K |
|
2581
AerSale
ASLE
$305M
| $5.9M | ﹤0.01% |
318,452
+6,880
| +2% | +$127K |
|
2582
West Bancorporation
WTBA
$484M
| $5.9M | ﹤0.01% |
283,382
+35
| +0% | +$844 |
|
2583
MiMedx Group
MDXG
$618M
| $5.89M | ﹤0.01% |
2,054,011
+280,498
| +16% | +$997K |
|
2584
BrightView Holdings
BV
$1.24B
| $5.89M | ﹤0.01% |
741,542
-39,633
| -5% | -$424K |
|
2585
SES AI
SES
$217M
| $5.89M | ﹤0.01% |
1,206,500
+346,284
| +40% | +$1.68M |
|
2586
National Presto Industries
NPK
$968M
| $5.88M | ﹤0.01% |
90,442
+2,677
| +3% | +$185K |
|
|
SPNS
2587
DELISTED
Sapiens International
SPNS
| $5.87M | ﹤0.01% |
306,295
+8,258
| +3% | +$187K |
|
|
CTO
2588
CTO Realty Growth
CTO
$814M
| $5.87M | ﹤0.01% |
313,274
-11,638
| -4% | -$243K |
|
2589
Five Star Bancorp
FSBC
$1.14B
| $5.87M | ﹤0.01% |
206,962
+42,925
| +26% | +$1.13M |
|
|
CNSL
2590
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $5.85M | ﹤0.01% |
1,406,783
+9,653
| +0.7% | +$59.8K |
|
|
SPYM
2591
State Street SPDR Portfolio S&P 500 ETF
SPYM
$167B
| – | – |
0
| – | – |
|
2592
Instil Bio
TIL
$48.9M
| $5.83M | ﹤0.01% |
60,234
+20,126
| +50% | +$2.3M |
|
2593
South Plains Financial
SPFI
$848M
| $5.83M | ﹤0.01% |
211,484
+7,199
| +4% | +$188K |
|
2594
Teekay Tankers
TNK
$2.68B
| $5.82M | ﹤0.01% |
211,485
+10,658
| +5% | +$252K |
|
2595
Energy Vault
NRGV
$593M
| $5.82M | ﹤0.01% |
1,102,927
+356,247
| +48% | +$1.94M |
|
|
HTB
2596
HomeTrust Bancshares
HTB
$873M
| $5.82M | ﹤0.01% |
263,335
-5,782
| -2% | -$140K |
|
2597
Turning Point Brands
TPB
$1.57B
| $5.79M | ﹤0.01% |
272,973
+21,565
| +9% | +$535K |
|
2598
Marcus Corp
MCS
$935M
| $5.78M | ﹤0.01% |
416,361
+22,783
| +6% | +$367K |
|
2599
Seneca Foods Class A
SENEA
$1.16B
| $5.74M | ﹤0.01% |
113,895
-3,367
| -3% | -$185K |
|
|
SBOW
2600
DELISTED
SilverBow Resources, Inc.
SBOW
| $5.74M | ﹤0.01% |
213,449
+29,395
| +16% | +$1.07M |
|
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.