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 | |
|---|---|---|---|---|---|---|
2701
ESS Tech
GWH
$21.3M
| $4.78M | ﹤0.01% |
77,929
-1,821
| -2% | -$108K |
|
2702
Aspen Aerogels
ASPN
$419M
| $4.78M | ﹤0.01% |
518,378
+63,673
| +14% | +$771K |
|
|
RAD
2703
DELISTED
Rite Aid Corporation
RAD
| $4.78M | ﹤0.01% |
965,497
+16,041
| +2% | +$124K |
|
2704
Manitowoc
MTW
$519M
| $4.78M | ﹤0.01% |
616,333
+3,168
| +0.5% | +$32.1K |
|
|
STR
2705
DELISTED
Sitio Royalties
STR
| $4.78M | ﹤0.01% |
216,018
+4,745
| +2% | +$123K |
|
2706
Comtech Telecommunications
CMTL
$50.6M
| $4.77M | ﹤0.01% |
477,001
+5,915
| +1% | +$65.2K |
|
2707
Sprinklr
CXM
$1.56B
| $4.75M | ﹤0.01% |
515,012
-10,761
| -2% | -$121K |
|
2708
IES Holdings
IESC
$15.1B
| $4.73M | ﹤0.01% |
171,303
+1,652
| +1% | +$51K |
|
2709
Sutro Biopharma
STRO
$425M
| $4.72M | ﹤0.01% |
85,075
+3,596
| +4% | +$213K |
|
2710
Community Health Systems
CYH
$417M
| $4.71M | ﹤0.01% |
2,193,069
-9,658
| -0.4% | -$32K |
|
2711
Liquidia Corp
LQDA
$7.86B
| $4.71M | ﹤0.01% |
866,845
+3,213
| +0.4% | +$18K |
|
2712
Alto Ingredients
ALTO
$410M
| $4.71M | ﹤0.01% |
1,294,589
-8,649
| -0.7% | -$36.4K |
|
2713
SmartRent
SMRT
$202M
| $4.7M | ﹤0.01% |
2,071,580
+327,067
| +19% | +$1.29M |
|
|
SOND
2714
DELISTED
Sonder
SOND
| $4.7M | ﹤0.01% |
141,435
+69,660
| +97% | +$2.32M |
|
|
HT
2715
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.69M | ﹤0.01% |
587,891
+7,581
| +1% | +$75.6K |
|
2716
Perella Weinberg Partners
PWP
$1.24B
| $4.69M | ﹤0.01% |
740,895
-17,705
| -2% | -$126K |
|
2717
HCI Group
HCI
$2.28B
| $4.68M | ﹤0.01% |
119,447
-8,899
| -7% | -$510K |
|
2718
First Bancorp
FNLC
$402M
| $4.67M | ﹤0.01% |
169,473
+2,162
| +1% | +$64K |
|
|
BCOV
2719
DELISTED
Brightcove, Inc.
BCOV
| $4.67M | ﹤0.01% |
740,982
+3,022
| +0.4% | +$19.6K |
|
2720
Roivant Sciences
ROIV
$25B
| $4.65M | ﹤0.01% |
1,444,086
+59,614
| +4% | +$231K |
|
2721
Colliers International
CIGI
$5.06B
| $4.65M | ﹤0.01% |
50,712
-1,114
| -2% | -$130K |
|
|
BBUC
2722
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.41B
| $4.62M | ﹤0.01% |
209,087
+5,266
| +3% | +$129K |
|
2723
Oppenheimer Holdings
OPY
$1.25B
| $4.6M | ﹤0.01% |
148,629
-5,935
| -4% | -$208K |
|
2724
SoundThinking
SSTI
$107M
| $4.6M | ﹤0.01% |
160,116
+6,450
| +4% | +$203K |
|
2725
Vertex
VERX
$2B
| $4.59M | ﹤0.01% |
335,550
+60,625
| +22% | +$769K |
|
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.