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 | |
|---|---|---|---|---|---|---|
3076
Kornit Digital
KRNT
$783M
| $2.05M | ﹤0.01% |
77,026
-242,193
| -76% | -$6.97M |
|
3077
FS Bancorp
FSBW
$321M
| $2.03M | ﹤0.01% |
74,467
+68
| +0.1% | +$1.99K |
|
3078
Nautilus Biotechnolgy
NAUT
$122M
| $2.02M | ﹤0.01% |
955,069
+4,290
| +0.5% | +$10.8K |
|
|
ML
3079
DELISTED
MoneyLion Inc.
ML
| $2.01M | ﹤0.01% |
75,061
+3,146
| +4% | +$144K |
|
|
NVMI
3080
Nova
NVMI
$12.8B
| $2M | ﹤0.01% |
23,471
+730
| +3% | +$71.7K |
|
3081
GDS Holdings
GDS
$6.61B
| $2M | ﹤0.01% |
112,658
-319,697
| -74% | -$8.39M |
|
3082
Caesarstone
CSTE
$81.6M
| $2M | ﹤0.01% |
214,567
-47
| -0% | -$452 |
|
3083
Cartesian Therapeutics
RNAC
$242M
| $1.99M | ﹤0.01% |
40,414
+2,408
| +6% | +$132K |
|
3084
Timberland Bancorp
TSBK
$348M
| $1.98M | ﹤0.01% |
71,509
+395
| +0.6% | +$10.4K |
|
3085
NI Holdings
NODK
$317M
| $1.98M | ﹤0.01% |
147,858
+842
| +0.6% | +$12.1K |
|
3086
Investar Holding Corp
ISTR
$420M
| $1.97M | ﹤0.01% |
99,210
+167
| +0.2% | +$3.64K |
|
3087
B2Gold
BTG
$5.44B
| $1.96M | ﹤0.01% |
610,125
+73,678
| +14% | +$243K |
|
|
MMAT
3088
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $1.96M | ﹤0.01% |
30,160
+6,656
| +28% | +$583K |
|
3089
Ouster
OUST
$3.09B
| $1.95M | ﹤0.01% |
202,158
+20,231
| +11% | +$311K |
|
|
FXLV
3090
DELISTED
F45 Training Holdings Inc.
FXLV
| $1.94M | ﹤0.01% |
629,131
+168,831
| +37% | +$445K |
|
|
SMLR
3091
DELISTED
Semler Scientific
SMLR
| $1.93M | ﹤0.01% |
51,513
+890
| +2% | +$33.6K |
|
|
TBCH
3092
Turtle Beach Corp
TBCH
$277M
| $1.93M | ﹤0.01% |
283,235
+7,068
| +3% | +$74.1K |
|
3093
AMES National
ATLO
$274M
| $1.93M | ﹤0.01% |
86,802
+1,650
| +2% | +$36.5K |
|
3094
ThredUp
TDUP
$813M
| $1.91M | ﹤0.01% |
1,036,757
-18,501
| -2% | -$46.4K |
|
|
OPTN
3095
DELISTED
OptiNose
OPTN
| $1.9M | ﹤0.01% |
34,690
-4,605
| -12% | -$253K |
|
3096
Zevra Therapeutics
ZVRA
$618M
| $1.9M | ﹤0.01% |
304,652
-13,579
| -4% | -$76.9K |
|
|
CASA
3097
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.9M | ﹤0.01% |
607,273
+10,259
| +2% | +$40.6K |
|
|
APEN
3098
DELISTED
Apollo Endosurgery, Inc.
APEN
| $1.89M | ﹤0.01% |
343,451
+63,995
| +23% | +$355K |
|
3099
National Bankshares
NKSH
$261M
| $1.89M | ﹤0.01% |
55,972
+1,051
| +2% | +$34.5K |
|
|
URG
3100
Ur-Energy
URG
$528M
| $1.89M | ﹤0.01% |
1,732,230
+158,212
| +10% | +$188K |
|
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.