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 | |
|---|---|---|---|---|---|---|
3001
Ranpak Holdings
PACK
$483M
| $2.52M | ﹤0.01% |
738,199
+14,752
| +2% | +$81K |
|
|
NESR
3002
National Energy Services Reunited Corp
NESR
$2.9B
| $2.52M | ﹤0.01% |
424,078
+28,308
| +7% | +$190K |
|
|
MAGN
3003
Magnera Corp
MAGN
$487M
| $2.52M | ﹤0.01% |
62,308
+1,014
| +2% | +$70.5K |
|
3004
Village Super Market
VLGEA
$656M
| $2.52M | ﹤0.01% |
130,289
-13,283
| -9% | -$293K |
|
3005
Outlook Therapeutics
OTLK
$180M
| $2.52M | ﹤0.01% |
103,185
+295
| +0.3% | +$6.86K |
|
3006
Global Water Resources
GWRS
$211M
| $2.51M | ﹤0.01% |
214,367
+3,497
| +2% | +$47.6K |
|
3007
Aldeyra Therapeutics
ALDX
$93.5M
| $2.51M | ﹤0.01% |
469,429
-17,340
| -4% | -$104K |
|
3008
EverQuote
EVER
$844M
| $2.49M | ﹤0.01% |
364,693
+4,441
| +1% | +$41.6K |
|
3009
Scholar Rock
SRRK
$5.73B
| $2.49M | ﹤0.01% |
358,964
+91,351
| +34% | +$761K |
|
3010
Weave Communications
WEAV
$547M
| $2.49M | ﹤0.01% |
492,648
+457,942
| +1,319% | +$2.34M |
|
3011
Citi Trends
CTRN
$605M
| $2.47M | ﹤0.01% |
159,502
+1,515
| +1% | +$35.5K |
|
3012
Playboy Inc
PLBY
$141M
| $2.47M | ﹤0.01% |
613,799
+114,620
| +23% | +$616K |
|
3013
Sigma Lithium
SGML
$1.24B
| $2.47M | ﹤0.01% |
90,908
+1,458
| +2% | +$30.5K |
|
|
KRON
3014
DELISTED
Kronos Bio
KRON
| $2.46M | ﹤0.01% |
735,573
-11,409
| -2% | -$51.5K |
|
3015
USCB Financial Holdings
USCB
$416M
| $2.46M | ﹤0.01% |
187,880
+52,682
| +39% | +$677K |
|
3016
Ceco Environmental
CECO
$4.1B
| $2.46M | ﹤0.01% |
278,125
-16,723
| -6% | -$143K |
|
3017
Alliance Resource Partners
ARLP
$3.31B
| $2.46M | ﹤0.01% |
107,422
+4,807
| +5% | +$110K |
|
3018
HF Foods Group
HFFG
$79.1M
| $2.46M | ﹤0.01% |
634,621
+4,842
| +0.8% | +$24K |
|
|
TEAD
3019
Teads Holding Co
TEAD
$78.3M
| $2.45M | ﹤0.01% |
670,603
+223,345
| +50% | +$1.09M |
|
3020
Freedom Holding
FRHC
$9.84B
| $2.44M | ﹤0.01% |
49,635
+648
| +1% | +$34.7K |
|
3021
Immuneering
IMRX
$285M
| $2.43M | ﹤0.01% |
169,591
+94,991
| +127% | +$754K |
|
|
TRUE
3022
DELISTED
TrueCar
TRUE
| $2.43M | ﹤0.01% |
1,607,960
-1,834
| -0.1% | -$4.18K |
|
3023
MeiraGTx Holdings
MGTX
$1.14B
| $2.42M | ﹤0.01% |
287,246
+120
| +0% | +$1.06K |
|
3024
The Oncology Institute
TOI
$513M
| $2.41M | ﹤0.01% |
521,298
+275,907
| +112% | +$1.62M |
|
3025
Hagerty
HGTY
$1.19B
| $2.4M | ﹤0.01% |
266,876
+27,529
| +12% | +$311K |
|
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.