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 | |
|---|---|---|---|---|---|---|
3126
eHealth
EHTH
$41.3M
| $1.75M | ﹤0.01% |
448,078
+10,740
| +2% | +$74.9K |
|
|
SBT
3127
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.75M | ﹤0.01% |
290,444
-53,700
| -16% | -$319K |
|
3128
Cenntro
CENN
$8.38M
| $1.75M | ﹤0.01% |
2,833
+60
| +2% | +$51.4K |
|
|
PINE
3129
Alpine Income Property Trust
PINE
$331M
| $1.75M | ﹤0.01% |
107,605
+248
| +0.2% | +$4.46K |
|
3130
LCNB Corp
LCNB
$282M
| $1.74M | ﹤0.01% |
110,024
-365
| -0.3% | -$5.64K |
|
|
CWBC
3131
Community West Bancshares
CWBC
$698M
| $1.74M | ﹤0.01% |
98,427
+132
| +0.1% | +$2.24K |
|
|
TGAN
3132
DELISTED
Transphorm, Inc. Common Stock
TGAN
| $1.74M | ﹤0.01% |
345,906
+33,090
| +11% | +$163K |
|
|
STON
3133
DELISTED
StoneMor Inc.
STON
| $1.74M | ﹤0.01% |
506,821
-76,298
| -13% | -$262K |
|
|
RENT
3134
Rent the Runway
RENT
$120M
| $1.74M | ﹤0.01% |
39,460
+10,264
| +35% | +$843K |
|
|
EVBN
3135
DELISTED
Evans Bancorp Inc
EVBN
| $1.73M | ﹤0.01% |
47,090
+1,118
| +2% | +$40.9K |
|
|
OSG
3136
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.72M | ﹤0.01% |
579,907
+14,409
| +3% | +$39K |
|
|
LTCH
3137
DELISTED
Latch, Inc. Common Stock
LTCH
| $1.72M | ﹤0.01% |
1,804,452
+312,670
| +21% | +$359K |
|
3138
Superior Group of Companies
SGC
$215M
| $1.72M | ﹤0.01% |
193,663
+169
| +0.1% | +$2.43K |
|
3139
Ardelyx
ARDX
$1.21B
| $1.71M | ﹤0.01% |
1,438,267
+529,931
| +58% | +$504K |
|
3140
Genie Energy
GNE
$369M
| $1.71M | ﹤0.01% |
182,942
-1,003
| -0.5% | -$9.71K |
|
3141
Western New England Bancorp
WNEB
$281M
| $1.69M | ﹤0.01% |
208,056
+1,918
| +0.9% | +$15.9K |
|
3142
Star Bulk Carriers
SBLK
$3.11B
| $1.69M | ﹤0.01% |
96,592
-135,560
| -58% | -$3.09M |
|
|
YELL
3143
DELISTED
Yellow Corporation Common Stock
YELL
| $1.68M | ﹤0.01% |
332,139
-30,419
| -8% | -$167K |
|
|
ZY
3144
DELISTED
Zymergen Inc. Common Stock
ZY
| $1.68M | ﹤0.01% |
603,781
+391,486
| +184% | +$950K |
|
3145
Fidelity D&D Bancorp
FDBC
$316M
| $1.68M | ﹤0.01% |
41,547
+227
| +0.5% | +$9.17K |
|
3146
Northeast Community Bancorp
NECB
$375M
| $1.67M | ﹤0.01% |
134,634
+38,233
| +40% | +$478K |
|
3147
Vitamin Cottage Natural Grocers
NGVC
$742M
| $1.67M | ﹤0.01% |
154,587
-258
| -0.2% | -$3.83K |
|
|
THRX
3148
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $1.67M | ﹤0.01% |
287,395
+31,256
| +12% | +$221K |
|
3149
Duluth Holdings
DLTH
$157M
| $1.67M | ﹤0.01% |
236,601
+709
| +0.3% | +$6.34K |
|
3150
SelectQuote
SLQT
$124M
| $1.66M | ﹤0.01% |
2,275,774
+70,945
| +3% | +$118K |
|
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.