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 | |
|---|---|---|---|---|---|---|
2676
PLAYSTUDIOS Inc
MYPS
$90.1M
| $5.01M | ﹤0.01% |
1,437,002
+34,678
| +2% | +$132K |
|
2677
NWPX Infrastructure Inc
NWPX
$1.22B
| $5.01M | ﹤0.01% |
178,247
+3,166
| +2% | +$97K |
|
2678
John Marshall Bancorp
JMSB
$336M
| $5M | ﹤0.01% |
203,696
+444
| +0.2% | +$11.3K |
|
2679
OraSure Technologies
OSUR
$287M
| $4.96M | ﹤0.01% |
1,309,920
+18,735
| +1% | +$67.7K |
|
|
SEI
2680
Solaris Energy Infrastructure
SEI
$3.55B
| $4.96M | ﹤0.01% |
530,164
+10,479
| +2% | +$108K |
|
2681
AXT Inc
AXTI
$4.27B
| $4.96M | ﹤0.01% |
740,315
-10,346
| -1% | -$81.3K |
|
2682
NextDecade
NEXT
$1.74B
| $4.95M | ﹤0.01% |
822,112
+199,044
| +32% | +$1.32M |
|
2683
Pennant Group
PNTG
$1.34B
| $4.94M | ﹤0.01% |
474,882
+7,588
| +2% | +$108K |
|
|
DSKE
2684
DELISTED
Daseke, Inc. Common Stock
DSKE
| $4.94M | ﹤0.01% |
912,437
+32,679
| +4% | +$210K |
|
|
VXRT
2685
DELISTED
Vaxart
VXRT
| $4.93M | ﹤0.01% |
2,263,596
+38,100
| +2% | +$131K |
|
|
BAND
2686
Bandwidth Inc
BAND
$1.49B
| $4.91M | ﹤0.01% |
412,863
-5,402
| -1% | -$88.8K |
|
2687
OptimizeRx
OPRX
$129M
| $4.91M | ﹤0.01% |
331,108
+3,983
| +1% | +$78.7K |
|
|
BHR
2688
Braemar Hotels & Resorts
BHR
$144M
| $4.9M | ﹤0.01% |
1,139,860
-17,916
| -2% | -$90.9K |
|
2689
NuScale Power
SMR
$3.28B
| $4.89M | ﹤0.01% |
418,332
+158,326
| +61% | +$2.08M |
|
2690
Rackspace Technology
RXT
$1.31B
| $4.88M | ﹤0.01% |
1,195,881
-13,679
| -1% | -$79.4K |
|
|
TUP
2691
DELISTED
Tupperware Brands Corporation
TUP
| $4.88M | ﹤0.01% |
744,734
-55,005
| -7% | -$494K |
|
2692
Daily Journal
DJCO
$827M
| $4.88M | ﹤0.01% |
19,025
+80
| +0.4% | +$21.1K |
|
|
DHC
2693
Diversified Healthcare Trust
DHC
$2.13B
| $4.87M | ﹤0.01% |
4,919,467
+30,611
| +0.6% | +$49.1K |
|
2694
Universal Logistics Holdings
ULH
$513M
| $4.86M | ﹤0.01% |
153,102
-7,718
| -5% | -$255K |
|
2695
Outdoor Holding Co
POWW
$253M
| $4.84M | ﹤0.01% |
1,653,647
+13,962
| +0.9% | +$59.6K |
|
2696
Identive
INVE
$64.3M
| $4.84M | ﹤0.01% |
385,984
+5,434
| +1% | +$74.4K |
|
2697
Ooma
OOMA
$592M
| $4.8M | ﹤0.01% |
390,672
+3,904
| +1% | +$48.4K |
|
2698
Sierra Bancorp
BSRR
$525M
| $4.8M | ﹤0.01% |
243,008
+2,425
| +1% | +$52K |
|
2699
BCB Bancorp
BCBP
$159M
| $4.79M | ﹤0.01% |
284,839
+7,492
| +3% | +$138K |
|
2700
Universal Insurance Holdings
UVE
$1.23B
| $4.78M | ﹤0.01% |
485,562
+13,462
| +3% | +$161K |
|
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.