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 | |
|---|---|---|---|---|---|---|
2651
Home Bancorp
HBCP
$571M
| $5.2M | ﹤0.01% |
133,467
+1,156
| +0.9% | +$44.5K |
|
|
EGRX
2652
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.19M | ﹤0.01% |
196,597
+6,749
| +4% | +$248K |
|
|
BLFY
2653
DELISTED
Blue Foundry Bancorp
BLFY
| $5.18M | ﹤0.01% |
464,939
-21,481
| -4% | -$251K |
|
2654
Enviri
NVRI
$670M
| $5.18M | ﹤0.01% |
1,384,590
+18,359
| +1% | +$102K |
|
2655
Kodak
KODK
$875M
| $5.17M | ﹤0.01% |
1,126,936
+44,274
| +4% | +$242K |
|
2656
MVB Financial
MVBF
$402M
| $5.17M | ﹤0.01% |
185,668
+2,962
| +2% | +$95.2K |
|
2657
Evolus
EOLS
$402M
| $5.16M | ﹤0.01% |
641,427
+13,504
| +2% | +$143K |
|
|
SMMF
2658
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.16M | ﹤0.01% |
191,682
+1,370
| +0.7% | +$39.2K |
|
2659
Edgewise Therapeutics
EWTX
$4.82B
| $5.15M | ﹤0.01% |
523,521
+126,691
| +32% | +$1.28M |
|
2660
Century Aluminum
CENX
$4.66B
| $5.15M | ﹤0.01% |
975,476
+24,089
| +3% | +$183K |
|
2661
Covenant Logistics
CVLG
$914M
| $5.14M | ﹤0.01% |
358,572
-20,284
| -5% | -$303K |
|
|
ARIS
2662
DELISTED
Aris Water Solutions
ARIS
| $5.14M | ﹤0.01% |
402,555
+44,937
| +13% | +$768K |
|
2663
RBB Bancorp
RBB
$456M
| $5.13M | ﹤0.01% |
246,974
+896
| +0.4% | +$19.5K |
|
|
GOEV
2664
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $5.13M | ﹤0.01% |
5,942
+780
| +15% | +$1.14M |
|
2665
Nano X Imaging
NNOX
$74.5M
| $5.12M | ﹤0.01% |
446,804
+50,773
| +13% | +$653K |
|
2666
Vera Therapeutics
VERA
$2.16B
| $5.11M | ﹤0.01% |
239,800
+35,212
| +17% | +$659K |
|
2667
Mercer International
MERC
$46.9M
| $5.09M | ﹤0.01% |
414,208
+6,206
| +2% | +$91.8K |
|
2668
Nuvation Bio
NUVB
$2.25B
| $5.09M | ﹤0.01% |
2,273,316
+270,082
| +13% | +$771K |
|
2669
Beazer Homes USA
BZH
$910M
| $5.09M | ﹤0.01% |
526,212
+18,409
| +4% | +$252K |
|
2670
Phibro Animal Health
PAHC
$1.49B
| $5.07M | ﹤0.01% |
381,672
+12,167
| +3% | +$210K |
|
|
EBTC
2671
DELISTED
Enterprise Bancorp
EBTC
| $5.06M | ﹤0.01% |
169,061
+1,562
| +0.9% | +$50.2K |
|
2672
Fulcrum Therapeutics
FULC
$289M
| $5.06M | ﹤0.01% |
625,070
+58,557
| +10% | +$419K |
|
2673
Hippo Holdings
HIPO
$868M
| $5.04M | ﹤0.01% |
272,392
+51,935
| +24% | +$1.15M |
|
|
KNTE
2674
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $5.03M | ﹤0.01% |
420,709
+10,225
| +2% | +$134K |
|
2675
iQIYI
IQ
$1.28B
| $5.02M | ﹤0.01% |
1,857,043
+117,806
| +7% | +$437K |
|
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.