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 | |
|---|---|---|---|---|---|---|
|
SRTA
2801
Strata Critical Medical Inc
SRTA
$482M
| $3.87M | ﹤0.01% |
960,471
+9,679
| +1% | +$49.7K |
|
2802
Atomera
ATOM
$219M
| $3.86M | ﹤0.01% |
381,270
+11,246
| +3% | +$133K |
|
2803
Ramaco Resources Class A
METC
$630M
| $3.86M | ﹤0.01% |
433,619
+141,741
| +49% | +$1.46M |
|
2804
Tecnoglass Holdings Inc.
TGLS
$2.05B
| $3.85M | ﹤0.01% |
183,676
-6,920
| -4% | -$151K |
|
|
ZYXI
2805
DELISTED
Zynex
ZYXI
| $3.85M | ﹤0.01% |
425,114
+5,606
| +1% | +$49K |
|
2806
Equinor
EQNR
$93.1B
| $3.85M | ﹤0.01% |
116,214
| – | – |
|
2807
PCB Bancorp
PCB
$395M
| $3.84M | ﹤0.01% |
212,754
+555
| +0.3% | +$10.6K |
|
2808
Arbutus Biopharma
ABUS
$873M
| $3.84M | ﹤0.01% |
2,009,840
+224,798
| +13% | +$529K |
|
2809
Red River Bancshares
RRBI
$671M
| $3.83M | ﹤0.01% |
77,535
-3,044
| -4% | -$160K |
|
2810
Park Aerospace
PKE
$808M
| $3.83M | ﹤0.01% |
346,875
+955
| +0.3% | +$11.3K |
|
2811
Third Coast Bancshares
TCBX
$734M
| $3.82M | ﹤0.01% |
223,174
+80,705
| +57% | +$1.58M |
|
2812
FVCBankcorp
FVCB
$342M
| $3.81M | ﹤0.01% |
248,430
+580
| +0.2% | +$8.88K |
|
|
PVBC
2813
DELISTED
Provident Bancorp
PVBC
| $3.8M | ﹤0.01% |
265,413
-12,526
| -5% | -$186K |
|
2814
Century Therapeutics
IPSC
$363M
| $3.8M | ﹤0.01% |
383,997
+100,705
| +36% | +$1.06M |
|
|
NPKI
2815
NPK International
NPKI
$1.16B
| $3.79M | ﹤0.01% |
1,504,959
-21,139
| -1% | -$62.2K |
|
2816
Rallybio
RLYB
$84.7M
| $3.79M | ﹤0.01% |
32,715
+8,489
| +35% | +$756K |
|
|
TDAY
2817
USA Today Co
TDAY
$1.32B
| $3.79M | ﹤0.01% |
2,473,998
+36,630
| +2% | +$88.9K |
|
2818
Purple Innovation
PRPL
$42.4M
| $3.78M | ﹤0.01% |
37,346
-7,776
| -17% | -$675K |
|
|
ZIMV
2819
DELISTED
ZimVie
ZIMV
| $3.78M | ﹤0.01% |
382,617
+7,473
| +2% | +$121K |
|
2820
Vivid Seats
SEAT
$105M
| $3.77M | ﹤0.01% |
24,630
+683
| +3% | +$115K |
|
2821
Lexicon Pharmaceuticals
LXRX
$1.11B
| $3.77M | ﹤0.01% |
1,569,022
+227,609
| +17% | +$630K |
|
2822
ALX Oncology
ALXO
$265M
| $3.76M | ﹤0.01% |
393,321
+13,121
| +3% | +$153K |
|
2823
Palladyne AI
PDYN
$283M
| $3.76M | ﹤0.01% |
282,098
+67,726
| +32% | +$1.27M |
|
2824
Inspired Entertainment
INSE
$183M
| $3.75M | ﹤0.01% |
425,044
-4,326
| -1% | -$44.6K |
|
2825
DHI Group
DHX
$179M
| $3.75M | ﹤0.01% |
696,885
-12,549
| -2% | -$65.7K |
|
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.