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 | |
|---|---|---|---|---|---|---|
|
VRN
3051
DELISTED
Veren
VRN
| $2.21M | ﹤0.01% |
315,180
-46,695
| -13% | -$333K |
|
3052
Oportun Financial
OPRT
$283M
| $2.21M | ﹤0.01% |
506,812
+75,781
| +18% | +$539K |
|
|
AVEO
3053
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $2.21M | ﹤0.01% |
268,314
-15,655
| -6% | -$120K |
|
3054
RLX Technology
RLX
$2.43B
| $2.21M | ﹤0.01% |
2,106,735
+22,035
| +1% | +$33.7K |
|
|
NREF
3055
NexPoint Real Estate Finance
NREF
$325M
| $2.2M | ﹤0.01% |
146,901
-388
| -0.3% | -$7.97K |
|
3056
Spire Global
SPIR
$502M
| $2.19M | ﹤0.01% |
253,863
+2,288
| +0.9% | +$24.8K |
|
3057
Silicon Motion
SIMO
$8.5B
| $2.19M | ﹤0.01% |
33,628
+1,333
| +4% | +$104K |
|
3058
Tyra Biosciences
TYRA
$1.63B
| $2.17M | ﹤0.01% |
247,450
+22,039
| +10% | +$202K |
|
|
TTSH
3059
DELISTED
Tile Shop Holdings
TTSH
| $2.17M | ﹤0.01% |
616,864
+28,971
| +5% | +$104K |
|
|
CMLS
3060
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $2.15M | ﹤0.01% |
306,119
-148
| -0% | -$1.26K |
|
3061
Melco Resorts & Entertainment
MLCO
$2.24B
| $2.14M | ﹤0.01% |
323,229
-14,374
| -4% | -$79.2K |
|
3062
Lands' End
LE
$399M
| $2.13M | ﹤0.01% |
276,537
+5,886
| +2% | +$72.4K |
|
3063
Acacia Research
ACTG
$465M
| $2.13M | ﹤0.01% |
527,713
-49,507
| -9% | -$229K |
|
3064
NextNav
NN
$1.95B
| $2.12M | ﹤0.01% |
789,755
+178,588
| +29% | +$517K |
|
3065
Consolidated Water Co
CWCO
$476M
| $2.12M | ﹤0.01% |
137,856
+12,888
| +10% | +$203K |
|
|
PEAR
3066
DELISTED
Pear Therapeutics, Inc. Class A Common Stock
PEAR
| $2.11M | ﹤0.01% |
1,035,432
+688,154
| +198% | +$1.17M |
|
3067
Wave Life Sciences
WVE
$1.16B
| $2.11M | ﹤0.01% |
584,934
+138,144
| +31% | +$457K |
|
|
OMIC
3068
DELISTED
Singular Genomics Systems, Inc. Common Stock
OMIC
| $2.11M | ﹤0.01% |
28,136
+8,229
| +41% | +$860K |
|
|
AUY
3069
DELISTED
Yamana Gold, Inc.
AUY
| $2.1M | ﹤0.01% |
464,576
+29,555
| +7% | +$137K |
|
3070
Angi Inc
ANGI
$189M
| $2.1M | ﹤0.01% |
71,115
-2,470
| -3% | -$109K |
|
|
BINI
3071
DELISTED
Bollinger Innovations
BINI
| – | – |
0
| – | – |
|
3072
The Beachbody Company
BODI
$78.6M
| $2.09M | ﹤0.01% |
41,428
+4,945
| +14% | +$314K |
|
3073
BioAtla
BCAB
$5.56M
| $2.09M | ﹤0.01% |
5,423
+1,805
| +50% | +$591K |
|
3074
Ponce Financial Group
PDLB
$499M
| $2.08M | ﹤0.01% |
226,750
+1,334
| +0.6% | +$12.5K |
|
3075
Nerdy
NRDY
$107M
| $2.06M | ﹤0.01% |
978,721
-8,222
| -0.8% | -$22K |
|
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.