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 | |
|---|---|---|---|---|---|---|
|
SFIX
2626
Stitch Fix
SFIX
$566M
| $5.45M | ﹤0.01% |
1,380,616
-78,242
| -5% | -$444K |
|
2627
Tejon Ranch
TRC
$450M
| $5.44M | ﹤0.01% |
377,936
+753
| +0.2% | +$11.9K |
|
2628
5E Advanced Materials
FEAM
$51.9M
| $5.44M | ﹤0.01% |
23,273
+1,217
| +6% | +$431K |
|
|
BORR
2629
Borr Drilling
BORR
$1.25B
| $5.42M | ﹤0.01% |
1,632,608
+547,698
| +50% | +$2.04M |
|
2630
Civista Bancshares
CIVB
$608M
| $5.41M | ﹤0.01% |
260,582
+706
| +0.3% | +$15.2K |
|
|
NOTV
2631
DELISTED
Inotiv
NOTV
| $5.4M | ﹤0.01% |
320,350
+24,413
| +8% | +$448K |
|
|
HRT
2632
DELISTED
HireRight Holdings Corporation
HRT
| $5.39M | ﹤0.01% |
353,047
-19,482
| -5% | -$308K |
|
|
PRVB
2633
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $5.38M | ﹤0.01% |
1,196,797
+241,548
| +25% | +$1.1M |
|
2634
Intapp
INTA
$2.55B
| $5.38M | ﹤0.01% |
288,004
+39,047
| +16% | +$614K |
|
2635
Banco Bradesco
BBD
$38.3B
| $5.36M | ﹤0.01% |
1,456,593
+15,847
| +1% | +$55.9K |
|
|
ORC
2636
Orchid Island Capital
ORC
$1.29B
| $5.35M | ﹤0.01% |
652,527
+13,064
| +2% | +$181K |
|
2637
Vita Coco
COCO
$3.78B
| $5.33M | ﹤0.01% |
468,454
+121,185
| +35% | +$1.58M |
|
2638
Aviat Networks
AVNW
$281M
| $5.33M | ﹤0.01% |
194,695
+9,581
| +5% | +$287K |
|
|
AAN
2639
DELISTED
The Aaron's Company Inc
AAN
| $5.31M | ﹤0.01% |
546,484
+13,131
| +2% | +$175K |
|
2640
ProFrac Holding
ACDC
$762M
| $5.31M | ﹤0.01% |
349,156
+181,389
| +108% | +$3.26M |
|
2641
Smartbird Inc
BIRD
$20M
| $5.29M | ﹤0.01% |
87,097
-1,738
| -2% | -$154K |
|
2642
Shore Bancshares
SHBI
$828M
| $5.29M | ﹤0.01% |
305,470
-70
| -0% | -$1.33K |
|
|
LOVE
2643
LoveSac
LOVE
$265M
| $5.29M | ﹤0.01% |
259,384
+20,336
| +9% | +$624K |
|
2644
Ascendis Pharma A/S
ASND
$16B
| $5.29M | ﹤0.01% |
51,186
+1,490
| +3% | +$141K |
|
|
HDSN
2645
Hudson Technologies
HDSN
$262M
| $5.27M | ﹤0.01% |
717,466
+63,458
| +10% | +$534K |
|
|
FSP
2646
Franklin Street Properties
FSP
$48.4M
| $5.25M | ﹤0.01% |
1,995,621
+22,774
| +1% | +$75.1K |
|
2647
Aura Biosciences
AURA
$746M
| $5.24M | ﹤0.01% |
289,312
+82,018
| +40% | +$1.24M |
|
|
GNTY
2648
DELISTED
Guaranty Bancshares
GNTY
| $5.23M | ﹤0.01% |
151,227
+341
| +0.2% | +$12.2K |
|
|
PSTL
2649
Postal Realty Trust
PSTL
$696M
| $5.22M | ﹤0.01% |
356,185
+1,177
| +0.3% | +$18.3K |
|
2650
Motorcar Parts of America
MPAA
$255M
| $5.22M | ﹤0.01% |
342,838
+3,291
| +1% | +$48.2K |
|
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.