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 | |
|---|---|---|---|---|---|---|
3101
Omeros
OMER
$932M
| $1.89M | ﹤0.01% |
598,549
-32,917
| -5% | -$153K |
|
|
ZOM
3102
DELISTED
Zomedica Corp.
ZOM
| $1.89M | ﹤0.01% |
8,938,129
+10,417
| +0.1% | +$2.76K |
|
3103
Arteris
AIP
$1.46B
| $1.88M | ﹤0.01% |
282,701
+89,017
| +46% | +$684K |
|
3104
Rigetti Computing
RGTI
$5.62B
| $1.87M | ﹤0.01% |
995,593
-35,913
| -3% | -$134K |
|
3105
LSI Industries
LYTS
$914M
| $1.87M | ﹤0.01% |
242,873
+3,013
| +1% | +$21K |
|
3106
Accuray
ARAY
$34.1M
| $1.86M | ﹤0.01% |
893,362
-15,600
| -2% | -$35.5K |
|
|
CONN
3107
DELISTED
Conn's Inc.
CONN
| $1.86M | ﹤0.01% |
262,345
-7,972
| -3% | -$75.9K |
|
3108
Beyond Air
XAIR
$4.44M
| $1.85M | ﹤0.01% |
620
+29
| +5% | +$109K |
|
3109
Nathan's Famous
NATH
$404M
| $1.84M | ﹤0.01% |
28,906
-1,701
| -6% | -$103K |
|
3110
Evolution Petroleum
EPM
$125M
| $1.84M | ﹤0.01% |
263,948
-1,115
| -0.4% | -$7.35K |
|
3111
Local Bounti
LOCL
$23.5M
| $1.83M | ﹤0.01% |
49,491
+17,703
| +56% | +$828K |
|
3112
Plains GP Holdings
PAGP
$4.97B
| $1.82M | ﹤0.01% |
167,357
-1,908
| -1% | -$21.9K |
|
3113
Limoneira
LMNR
$246M
| $1.82M | ﹤0.01% |
138,396
+745
| +0.5% | +$9.73K |
|
|
SHCO
3114
DELISTED
Soho House & Co
SHCO
| $1.82M | ﹤0.01% |
386,539
+98,718
| +34% | +$620K |
|
3115
Nature's Sunshine
NATR
$353M
| $1.81M | ﹤0.01% |
219,761
-418
| -0.2% | -$4.15K |
|
|
ALPN
3116
DELISTED
Alpine Immune Sciences Inc
ALPN
| $1.81M | ﹤0.01% |
251,504
+3,512
| +1% | +$28.9K |
|
3117
Vermilion Energy
VET
$1.64B
| $1.8M | ﹤0.01% |
76,704
-34,282
| -31% | -$805K |
|
3118
Kartoon Studios
TOON
$34.7M
| $1.79M | ﹤0.01% |
297,823
+15,246
| +5% | +$112K |
|
|
SNCE
3119
DELISTED
Science 37 Holdings, Inc. Common Stock
SNCE
| $1.79M | ﹤0.01% |
55,587
+2,240
| +4% | +$83.1K |
|
3120
Viper Energy
VNOM
$8.17B
| $1.79M | ﹤0.01% |
62,367
+972
| +2% | +$28.3K |
|
3121
Norwood Financial Corp
NWFL
$366M
| $1.78M | ﹤0.01% |
67,026
+107
| +0.2% | +$2.74K |
|
3122
Viking Therapeutics
VKTX
$3.89B
| $1.78M | ﹤0.01% |
653,037
-32,712
| -5% | -$107K |
|
3123
MakeMyTrip
MMYT
$5.73B
| $1.77M | ﹤0.01% |
57,840
+1,242
| +2% | +$38.4K |
|
3124
Pioneer Bancorp
PBFS
$433M
| $1.76M | ﹤0.01% |
185,349
-228
| -0.1% | -$2.2K |
|
|
LONA
3125
LeonaBio Inc
LONA
$72.3M
| $1.76M | ﹤0.01% |
59,270
+1,776
| +3% | +$61.3K |
|
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.