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 | |
|---|---|---|---|---|---|---|
|
CISO
3026
CISO Global
CISO
$11.7M
| $2.38M | ﹤0.01% |
53,861
+2,861
| +6% | +$134K |
|
|
AVYA
3027
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $2.38M | ﹤0.01% |
1,494,068
-1,728
| -0.1% | -$2.74K |
|
3028
InnovAge Holding
INNV
$1.47B
| $2.37M | ﹤0.01% |
402,566
+5,813
| +1% | +$26.6K |
|
3029
P3 Health Partners
PIII
$34.5M
| $2.37M | ﹤0.01% |
10,241
+3,046
| +42% | +$762K |
|
3030
Northrim BanCorp
NRIM
$602M
| $2.36M | ﹤0.01% |
226,924
+112
| +0% | +$1.15K |
|
3031
1stdibs.com
DIBS
$154M
| $2.34M | ﹤0.01% |
372,153
+111,445
| +43% | +$721K |
|
|
RSVR
3032
Reservoir Media
RSVR
$662M
| $2.32M | ﹤0.01% |
476,367
+17,458
| +4% | +$112K |
|
3033
Riley Exploration Permian
REPX
$730M
| $2.32M | ﹤0.01% |
122,385
+319
| +0.3% | +$7.82K |
|
|
VIEW
3034
DELISTED
View, Inc. Class A Common Stock
VIEW
| $2.32M | ﹤0.01% |
28,874
+1,474
| +5% | +$167K |
|
3035
First Guaranty Bancshares
FGBI
$160M
| $2.31M | ﹤0.01% |
105,794
+3,559
| +3% | +$84.6K |
|
3036
UNIFI
UFI
$126M
| $2.29M | ﹤0.01% |
240,994
+295
| +0.1% | +$3.68K |
|
3037
Traeger
COOK
$191M
| $2.26M | ﹤0.01% |
16,052
+6,180
| +63% | +$1.04M |
|
3038
Ondas Inc
ONDS
$5.05B
| $2.26M | ﹤0.01% |
611,217
+42,761
| +8% | +$201K |
|
3039
Teekay
TK
$977M
| $2.26M | ﹤0.01% |
629,362
-26,406
| -4% | -$87.8K |
|
3040
Annexon
ANNX
$873M
| $2.25M | ﹤0.01% |
364,299
+118,582
| +48% | +$641K |
|
3041
FTC Solar
FTCI
$49.3M
| $2.25M | ﹤0.01% |
75,914
+14,673
| +24% | +$613K |
|
3042
JFrog
FROG
$10.4B
| $2.25M | ﹤0.01% |
101,567
+13,944
| +16% | +$311K |
|
3043
Weyco Group
WEYS
$390M
| $2.23M | ﹤0.01% |
109,767
+386
| +0.4% | +$9.84K |
|
3044
Xenon Pharmaceuticals
XENE
$6.19B
| $2.23M | ﹤0.01% |
61,823
+16,307
| +36% | +$586K |
|
3045
ClearPoint Neuro
CLPT
$386M
| $2.23M | ﹤0.01% |
215,158
+43,637
| +25% | +$575K |
|
3046
Empire Petroleum
EP
$98.3M
| $2.23M | ﹤0.01% |
169,438
+48,616
| +40% | +$608K |
|
|
MRNS
3047
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $2.23M | ﹤0.01% |
335,156
+4,840
| +1% | +$29.8K |
|
3048
FTAI Infrastructure
FIP
$402M
| $2.22M | ﹤0.01% |
+926,392
| New | +$2.65M |
|
3049
Humacyte
HUMA
$192M
| $2.22M | ﹤0.01% |
681,797
-96,200
| -12% | -$369K |
|
3050
The RealReal
REAL
$1.53B
| $2.22M | ﹤0.01% |
1,480,156
-55,857
| -4% | -$135K |
|
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.