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 | |
|---|---|---|---|---|---|---|
|
BLDP
2951
Ballard Power Systems
BLDP
$826M
| $2.93M | ﹤0.01% |
477,634
-27,233
| -5% | -$204K |
|
2952
Universal Technical Institute
UTI
$2.33B
| $2.92M | ﹤0.01% |
537,101
+15,274
| +3% | +$107K |
|
2953
Alico
ALCO
$283M
| $2.91M | ﹤0.01% |
103,061
+4,688
| +5% | +$158K |
|
2954
Sight Sciences
SGHT
$307M
| $2.91M | ﹤0.01% |
457,686
+138,334
| +43% | +$1.17M |
|
|
HLGN
2955
DELISTED
Heliogen, Inc.
HLGN
| $2.91M | ﹤0.01% |
44,643
+16,890
| +61% | +$1.32M |
|
|
TCS
2956
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $2.86M | ﹤0.01% |
38,871
+325
| +0.8% | +$32.8K |
|
|
CELL
2957
DELISTED
PhenomeX Inc. Common Stock
CELL
| $2.85M | ﹤0.01% |
997,989
+102,388
| +11% | +$435K |
|
2958
Unity Bancorp
UNTY
$594M
| $2.85M | ﹤0.01% |
113,523
+149
| +0.1% | +$4.09K |
|
|
GRNA
2959
DELISTED
GreenLight Biosciences Holdings, PBC Common Stock
GRNA
| $2.85M | ﹤0.01% |
1,226,959
+538,538
| +78% | +$1.41M |
|
|
ATCX
2960
DELISTED
Atlas Technical Consultants, Inc. Class A Common Stock
ATCX
| $2.84M | ﹤0.01% |
427,005
+129,743
| +44% | +$930K |
|
2961
Atlanticus Holdings
ATLC
$1.63B
| $2.82M | ﹤0.01% |
107,555
-5,819
| -5% | -$200K |
|
2962
UBS Group
UBS
$175B
| $2.82M | ﹤0.01% |
194,394
| – | – |
|
|
JBIO
2963
Jade Biosciences
JBIO
$1.17B
| $2.81M | ﹤0.01% |
4,846
+99
| +2% | +$66.1K |
|
2964
Tilly's
TLYS
$121M
| $2.81M | ﹤0.01% |
405,737
+9,266
| +2% | +$70.3K |
|
2965
Future Fuel
FF
$215M
| $2.8M | ﹤0.01% |
464,348
+173
| +0% | +$1.19K |
|
2966
Harrow
HROW
$1.46B
| $2.8M | ﹤0.01% |
232,336
+447
| +0.2% | +$3.63K |
|
2967
Tactile Systems Technology
TCMD
$672M
| $2.79M | ﹤0.01% |
358,475
+12,762
| +4% | +$106K |
|
2968
NVE Corp
NVEC
$595M
| $2.77M | ﹤0.01% |
59,337
+1,404
| +2% | +$69.9K |
|
2969
dLocal
DLO
$4.5B
| $2.77M | ﹤0.01% |
134,828
+5,055
| +4% | +$134K |
|
|
VBIV
2970
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $2.75M | ﹤0.01% |
129,873
-7,267
| -5% | -$196K |
|
|
FREE
2971
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $2.75M | ﹤0.01% |
716,014
-18,157
| -2% | -$98.9K |
|
|
CBAY
2972
DELISTED
Cymabay Therapeutics
CBAY
| $2.75M | ﹤0.01% |
784,965
+72,387
| +10% | +$260K |
|
|
CNCE
2973
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.74M | ﹤0.01% |
408,489
+164,116
| +67% | +$995K |
|
2974
Ardmore Shipping
ASC
$712M
| $2.73M | ﹤0.01% |
298,507
+14,841
| +5% | +$132K |
|
2975
The ONE Group
STKS
$54.6M
| $2.72M | ﹤0.01% |
409,936
+6,522
| +2% | +$50.4K |
|
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.