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 | |
|---|---|---|---|---|---|---|
2751
Monte Rosa Therapeutics
GLUE
$1.36B
| $4.33M | ﹤0.01% |
530,112
+152,109
| +40% | +$1.4M |
|
2752
Tredegar Corp
TG
$268M
| $4.32M | ﹤0.01% |
457,359
+2,535
| +0.6% | +$26.2K |
|
|
BRDG
2753
DELISTED
Bridge Investment Group
BRDG
| $4.31M | ﹤0.01% |
297,439
+23,589
| +9% | +$381K |
|
2754
Upland Software
UPLD
$13.4M
| $4.31M | ﹤0.01% |
53,008
+1,700
| +3% | +$188K |
|
2755
Oil States International
OIS
$507M
| $4.28M | ﹤0.01% |
1,100,091
+66,370
| +6% | +$317K |
|
2756
Organogenesis Holdings
ORGO
$305M
| $4.26M | ﹤0.01% |
1,314,193
+9,598
| +0.7% | +$43.4K |
|
2757
4D Molecular Therapeutics
FDMT
$536M
| $4.25M | ﹤0.01% |
528,936
+36,111
| +7% | +$327K |
|
2758
Regional Management Corp
RM
$312M
| $4.22M | ﹤0.01% |
150,623
+1,826
| +1% | +$66.4K |
|
|
BRT
2759
BRT Apartments
BRT
$268M
| $4.21M | ﹤0.01% |
207,240
-15,831
| -7% | -$361K |
|
|
BGFV
2760
DELISTED
Big 5 Sporting Goods
BGFV
| $4.21M | ﹤0.01% |
391,753
+3,645
| +0.9% | +$44.1K |
|
|
AHT
2761
Ashford Hospitality Trust
AHT
$20.7M
| $4.21M | ﹤0.01% |
61,760
+1,401
| +2% | +$124K |
|
2762
BioXcel Therapeutics
BTAI
$26.6M
| $4.2M | ﹤0.01% |
22,221
+740
| +3% | +$172K |
|
2763
Alta Equipment Group
ALTG
$243M
| $4.16M | ﹤0.01% |
378,270
+3,194
| +0.9% | +$36.7K |
|
|
IGMS
2764
DELISTED
IGM Biosciences
IGMS
| $4.16M | ﹤0.01% |
183,015
-13,695
| -7% | -$277K |
|
|
ENFN
2765
DELISTED
Enfusion, Inc.
ENFN
| $4.16M | ﹤0.01% |
337,197
-52,113
| -13% | -$636K |
|
2766
Bioventus
BVS
$909M
| $4.15M | ﹤0.01% |
592,398
+103,659
| +21% | +$812K |
|
2767
Forestar Group
FOR
$1.5B
| $4.14M | ﹤0.01% |
370,261
+183
| +0% | +$2.42K |
|
2768
TaskUs
TASK
$599M
| $4.14M | ﹤0.01% |
257,287
-9,354
| -4% | -$165K |
|
2769
Zegna
ZGN
$4.04B
| $4.14M | ﹤0.01% |
385,312
+171
| +0% | +$1.83K |
|
2770
Lifecore Biomedical
LFCR
$163M
| $4.13M | ﹤0.01% |
464,646
-13,784
| -3% | -$140K |
|
2771
Costamare
CMRE
$1.84B
| $4.13M | ﹤0.01% |
461,376
+7,358
| +2% | +$81.1K |
|
|
PAMT
2772
PAMT Corp
PAMT
$368M
| $4.13M | ﹤0.01% |
133,263
+20
| +0% | +$635 |
|
2773
First Business Financial Services
FBIZ
$602M
| $4.12M | ﹤0.01% |
127,640
+314
| +0.2% | +$10.4K |
|
2774
Lindblad Expeditions
LIND
$2.24B
| $4.12M | ﹤0.01% |
610,099
+45,280
| +8% | +$395K |
|
2775
United States Lime & Minerals
USLM
$3.32B
| $4.11M | ﹤0.01% |
201,315
+1,030
| +0.5% | +$21.9K |
|
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.