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 | |
|---|---|---|---|---|---|---|
2826
KRONOS Worldwide
KRO
$718M
| $3.74M | ﹤0.01% |
400,070
+14,206
| +4% | +$208K |
|
2827
HUTCHMED
HCM
$2.01B
| $3.73M | ﹤0.01% |
422,769
+25,384
| +6% | +$319K |
|
|
DZSI
2828
DELISTED
DZS Inc. Common Stock
DZSI
| $3.73M | ﹤0.01% |
330,466
+24,528
| +8% | +$347K |
|
|
ALLK
2829
DELISTED
Allakos
ALLK
| $3.73M | ﹤0.01% |
609,795
+294,416
| +93% | +$1.23M |
|
2830
Radiant Logistics
RLGT
$399M
| $3.73M | ﹤0.01% |
654,816
-50,812
| -7% | -$357K |
|
2831
Rush Street Interactive
RSI
$2.92B
| $3.71M | ﹤0.01% |
1,007,060
+26,732
| +3% | +$141K |
|
2832
Navitas Semiconductor
NVTS
$3.31B
| $3.68M | ﹤0.01% |
759,521
+4,991
| +0.7% | +$25.9K |
|
2833
Xeris Biopharma Holdings
XERS
$1.41B
| $3.67M | ﹤0.01% |
2,353,022
+179,468
| +8% | +$297K |
|
|
SNPO
2834
DELISTED
Snap One Holdings Corp. Common Stock
SNPO
| $3.67M | ﹤0.01% |
361,845
+26,491
| +8% | +$295K |
|
2835
First Bank
FRBA
$468M
| $3.66M | ﹤0.01% |
268,004
+4,084
| +2% | +$60.5K |
|
2836
GrowGeneration
GRWG
$89.5M
| $3.66M | ﹤0.01% |
1,045,650
+45,816
| +5% | +$212K |
|
|
CRGE
2837
DELISTED
Charge Enterprises, Inc. Common Stock
CRGE
| $3.66M | ﹤0.01% |
2,078,294
-132,216
| -6% | -$377K |
|
2838
iRadimed
IRMD
$1.19B
| $3.65M | ﹤0.01% |
121,537
+825
| +0.7% | +$28.7K |
|
|
LL
2839
DELISTED
LL Flooring Holdings, Inc.
LL
| $3.65M | ﹤0.01% |
527,090
+15,285
| +3% | +$137K |
|
|
VAQC
2840
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
| $3.64M | ﹤0.01% |
367,380
+307,626
| +515% | +$3.03M |
|
|
CMBM
2841
DELISTED
Cambium Networks
CMBM
| $3.64M | ﹤0.01% |
215,336
+3,287
| +2% | +$58.9K |
|
|
QUOT
2842
DELISTED
Quotient Technology Inc
QUOT
| $3.64M | ﹤0.01% |
1,576,634
+2,843
| +0.2% | +$6.97K |
|
2843
Rigel Pharmaceuticals
RIGL
$716M
| $3.64M | ﹤0.01% |
308,641
+1,795
| +0.6% | +$24.3K |
|
2844
MacroGenics
MGNX
$248M
| $3.63M | ﹤0.01% |
1,048,513
+23,242
| +2% | +$88.9K |
|
2845
Astronics
ATRO
$3.73B
| $3.63M | ﹤0.01% |
553,494
+9,214
| +2% | +$76.9K |
|
|
WHWK
2846
Whitehawk Therapeutics
WHWK
$205M
| $3.62M | ﹤0.01% |
256,405
-55,312
| -18% | -$727K |
|
2847
Cricut
CRCT
$1.04B
| $3.61M | ﹤0.01% |
389,979
-6,115
| -2% | -$44.8K |
|
|
CTLP
2848
DELISTED
Cantaloupe
CTLP
| $3.61M | ﹤0.01% |
1,037,357
-32,673
| -3% | -$179K |
|
2849
Amneal Pharmaceuticals
AMRX
$5.9B
| $3.6M | ﹤0.01% |
1,783,158
+51,590
| +3% | +$145K |
|
|
SCU
2850
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $3.58M | ﹤0.01% |
405,489
+8,839
| +2% | +$81.8K |
|
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.