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 | |
|---|---|---|---|---|---|---|
2926
Focus Universal
FCUV
$7.45M
| $3.08M | ﹤0.01% |
1,232
-20
| -2% | -$64.3K |
|
2927
Concrete Pumping Holdings
BBCP
$498M
| $3.08M | ﹤0.01% |
477,508
-28,852
| -6% | -$194K |
|
2928
Invivyd
IVVD
$163M
| $3.07M | ﹤0.01% |
981,247
+262,556
| +37% | +$1.05M |
|
2929
Ardagh Metal Packaging
AMBP
$2.87B
| $3.07M | ﹤0.01% |
634,158
+14,450
| +2% | +$88.1K |
|
|
BNFT
2930
DELISTED
Benefitfocus, Inc.
BNFT
| $3.07M | ﹤0.01% |
483,443
+2,810
| +0.6% | +$20.8K |
|
2931
AST SpaceMobile
ASTS
$21B
| $3.07M | ﹤0.01% |
425,040
+30,904
| +8% | +$272K |
|
2932
Evolv Technologies
EVLV
$1.08B
| $3.07M | ﹤0.01% |
1,446,959
+161,342
| +13% | +$421K |
|
|
LBC
2933
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $3.06M | ﹤0.01% |
263,684
+4,511
| +2% | +$58.1K |
|
2934
Ternium
TX
$9.76B
| $3.04M | ﹤0.01% |
111,202
-259
| -0.2% | -$8.32K |
|
2935
Tango Therapeutics
TNGX
$4.43B
| $3.04M | ﹤0.01% |
839,763
-150,737
| -15% | -$644K |
|
2936
Methanex
MEOH
$4.2B
| $3.03M | ﹤0.01% |
93,802
+4,043
| +5% | +$147K |
|
2937
Information Services Group
III
$205M
| $3.03M | ﹤0.01% |
636,321
+2,162
| +0.3% | +$13.4K |
|
2938
Latham Group
SWIM
$669M
| $3.02M | ﹤0.01% |
840,578
+95,892
| +13% | +$547K |
|
|
AKTS
2939
DELISTED
Akoustis Technologies Inc
AKTS
| $3.02M | ﹤0.01% |
1,016,002
+53,225
| +6% | +$216K |
|
2940
Bankwell Financial Group
BWFG
$538M
| $3.01M | ﹤0.01% |
103,557
+305
| +0.3% | +$9.69K |
|
|
MN
2941
DELISTED
MANNING & NAPIER, INC.
MN
| $3M | ﹤0.01% |
244,798
+324
| +0.1% | +$4.08K |
|
|
USER
2942
DELISTED
UserTesting, Inc.
USER
| $2.99M | ﹤0.01% |
763,071
+392,250
| +106% | +$1.93M |
|
|
CMRX
2943
DELISTED
Chimerix, Inc.
CMRX
| $2.99M | ﹤0.01% |
1,547,997
+187,908
| +14% | +$422K |
|
|
HYZN
2944
DELISTED
Hyzon Motors Inc. Class A Common Stock
HYZN
| $2.99M | ﹤0.01% |
35,139
+455
| +1% | +$59.7K |
|
|
PRTY
2945
DELISTED
Party City Holdco Inc.
PRTY
| $2.98M | ﹤0.01% |
1,884,921
+35,412
| +2% | +$59.5K |
|
2946
Stantec
STN
$8.17B
| $2.96M | ﹤0.01% |
63,921
+2,660
| +4% | +$125K |
|
2947
Absci
ABSI
$1.44B
| $2.96M | ﹤0.01% |
946,679
+290,720
| +44% | +$1.07M |
|
2948
eGain
EGAN
$192M
| $2.96M | ﹤0.01% |
403,200
+4,279
| +1% | +$38.5K |
|
2949
Pure Cycle
PCYO
$258M
| $2.96M | ﹤0.01% |
354,629
+2,154
| +0.6% | +$22.1K |
|
2950
Fossil Group
FOSL
$348M
| $2.93M | ﹤0.01% |
856,530
+10,849
| +1% | +$55.6K |
|
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.