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 | |
|---|---|---|---|---|---|---|
|
BELFB
2976
Bel Fuse Inc Class B
BELFB
$4.28B
| $2.72M | ﹤0.01% |
107,759
-3,835
| -3% | -$90.1K |
|
|
PZN
2977
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $2.71M | ﹤0.01% |
285,763
+916
| +0.3% | +$8.04K |
|
2978
Legacy Housing
LEGH
$625M
| $2.7M | ﹤0.01% |
157,666
-10,848
| -6% | -$172K |
|
2979
Tilray
TLRY
$632M
| $2.69M | ﹤0.01% |
84,830
+11,132
| +15% | +$391K |
|
|
VLTA
2980
DELISTED
Volta Inc.
VLTA
| $2.67M | ﹤0.01% |
2,210,626
-16,486
| -0.7% | -$33.4K |
|
2981
Velocity Financial
VEL
$692M
| $2.66M | ﹤0.01% |
245,809
+14,880
| +6% | +$170K |
|
|
PFSW
2982
DELISTED
PFSweb, Inc.
PFSW
| $2.66M | ﹤0.01% |
285,711
+1,025
| +0.4% | +$10.6K |
|
|
AFMD
2983
DELISTED
Affimed
AFMD
| $2.66M | ﹤0.01% |
129,044
+10,589
| +9% | +$294K |
|
2984
Canadian Solar
CSIQ
$1.11B
| $2.65M | ﹤0.01% |
71,147
+7,984
| +13% | +$304K |
|
|
WEBR
2985
DELISTED
Weber Inc.
WEBR
| $2.65M | ﹤0.01% |
403,482
+9,704
| +2% | +$70.8K |
|
2986
Arena Group
AREN
$74.7M
| $2.64M | ﹤0.01% |
201,364
+25,527
| +15% | +$282K |
|
2987
Celularity
CELU
$20.4M
| $2.63M | ﹤0.01% |
114,106
+95,128
| +501% | +$2.89M |
|
|
RBOT
2988
DELISTED
Vicarious Surgical
RBOT
| $2.63M | ﹤0.01% |
26,220
-1,961
| -7% | -$228K |
|
2989
Entrada Therapeutics
TRDA
$282M
| $2.63M | ﹤0.01% |
167,118
+65,347
| +64% | +$830K |
|
2990
Distribution Solutions Group
DSGR
$1.61B
| $2.63M | ﹤0.01% |
186,822
-255,734
| -58% | -$5.55M |
|
2991
Blue Bird Corp
BLBD
$2.46B
| $2.63M | ﹤0.01% |
314,652
-21,215
| -6% | -$221K |
|
2992
Silvercrest Asset Management
SAMG
$80.4M
| $2.63M | ﹤0.01% |
160,669
+3,390
| +2% | +$60.4K |
|
2993
Stratus Properties
STRS
$157M
| $2.62M | ﹤0.01% |
112,318
+1,836
| +2% | +$57.9K |
|
2994
Bilibili
BILI
$7.95B
| $2.61M | ﹤0.01% |
169,809
-521,359
| -75% | -$11.9M |
|
2995
Skillsoft
SKIL
$67.2M
| $2.6M | ﹤0.01% |
71,194
+1,485
| +2% | +$102K |
|
|
APPH
2996
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $2.58M | ﹤0.01% |
1,311,893
+76,184
| +6% | +$247K |
|
2997
Dakota Gold
DC
$672M
| $2.58M | ﹤0.01% |
847,184
+457,727
| +118% | +$1.69M |
|
|
FRBK
2998
DELISTED
Republic First Bancorp Inc
FRBK
| $2.56M | ﹤0.01% |
904,399
+29,500
| +3% | +$99.2K |
|
|
CNVY
2999
DELISTED
Convey Health Solutions Holdings, Inc.
CNVY
| $2.55M | ﹤0.01% |
242,327
-3,209
| -1% | -$33.6K |
|
3000
Rocky Brands
RCKY
$380M
| $2.54M | ﹤0.01% |
126,771
+1,563
| +1% | +$44.8K |
|
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.