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 | |
|---|---|---|---|---|---|---|
2726
LendingTree
TREE
$474M
| $4.58M | ﹤0.01% |
192,136
+3,300
| +2% | +$129K |
|
|
DNMR
2727
DELISTED
Danimer Scientific, Inc.
DNMR
| $4.58M | ﹤0.01% |
38,809
+558
| +1% | +$99.4K |
|
2728
Orrstown Financial Services
ORRF
$852M
| $4.57M | ﹤0.01% |
190,899
-336
| -0.2% | -$8.56K |
|
2729
Nordic American Tanker
NAT
$1.33B
| $4.56M | ﹤0.01% |
1,708,966
+122,449
| +8% | +$325K |
|
2730
CarParts.com
PRTS
$44.9M
| $4.54M | ﹤0.01% |
87,840
+1,807
| +2% | +$131K |
|
2731
Immunovant
IMVT
$8.08B
| $4.54M | ﹤0.01% |
813,669
+18,697
| +2% | +$91.4K |
|
|
GBIO
2732
DELISTED
Generation Bio
GBIO
| $4.54M | ﹤0.01% |
85,493
+3,443
| +4% | +$215K |
|
2733
Janux Therapeutics
JANX
$973M
| $4.53M | ﹤0.01% |
334,521
+50,901
| +18% | +$680K |
|
2734
Kodiak Sciences
KOD
$2.68B
| $4.53M | ﹤0.01% |
584,857
-21,399
| -4% | -$208K |
|
2735
Northeast Bank
NBN
$1.16B
| $4.51M | ﹤0.01% |
123,053
+852
| +0.7% | +$33.4K |
|
|
PCSB
2736
DELISTED
PCSB Financial Corporation
PCSB
| $4.51M | ﹤0.01% |
251,359
+155
| +0.1% | +$2.96K |
|
2737
Rimini Street
RMNI
$459M
| $4.5M | ﹤0.01% |
966,694
+235,191
| +32% | +$1.32M |
|
2738
Tiptree Inc
TIPT
$665M
| $4.5M | ﹤0.01% |
417,995
+3,729
| +0.9% | +$42.5K |
|
2739
Vaalco Energy
EGY
$551M
| $4.5M | ﹤0.01% |
1,031,322
+75,534
| +8% | +$388K |
|
2740
ACNB Corp
ACNB
$665M
| $4.46M | ﹤0.01% |
148,378
+172
| +0.1% | +$5.72K |
|
2741
Phathom Pharmaceuticals
PHAT
$684M
| $4.46M | ﹤0.01% |
402,292
+55,356
| +16% | +$527K |
|
2742
NerdWallet
NRDS
$609M
| $4.45M | ﹤0.01% |
502,123
+215,066
| +75% | +$2.11M |
|
2743
Universal Electronics
UEIC
$60.6M
| $4.45M | ﹤0.01% |
226,356
+2,121
| +0.9% | +$50.1K |
|
2744
Quantum-Si Incorporated
QSI
$167M
| $4.44M | ﹤0.01% |
1,613,460
+27,576
| +2% | +$88.1K |
|
|
WW
2745
DELISTED
WW International
WW
| $4.43M | ﹤0.01% |
1,127,777
+40,210
| +4% | +$244K |
|
2746
Primis Financial Corp
FRST
$408M
| $4.43M | ﹤0.01% |
365,111
+4,068
| +1% | +$53.8K |
|
2747
Esquire Financial Holdings
ESQ
$1.13B
| $4.36M | ﹤0.01% |
116,184
+2,747
| +2% | +$102K |
|
|
TTCF
2748
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $4.35M | ﹤0.01% |
873,461
+9,542
| +1% | +$61.6K |
|
|
KBAL
2749
DELISTED
Kimball International
KBAL
| $4.35M | ﹤0.01% |
691,047
+13,664
| +2% | +$106K |
|
|
GTHX
2750
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $4.34M | ﹤0.01% |
347,255
+5,360
| +2% | +$61.2K |
|
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.