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 | |
|---|---|---|---|---|---|---|
3201
Innovative Industrial Properties
IIPR
$1.7B
| $1.49M | ﹤0.01% |
16,810
-298
| -2% | -$28.9K |
|
3202
Kaltura
KLTR
$284M
| $1.48M | ﹤0.01% |
670,642
+487,297
| +266% | +$1.1M |
|
|
RPT
3203
Rithm Property Trust
RPT
$95.4M
| $1.47M | ﹤0.01% |
32,557
+223
| +0.7% | +$12.9K |
|
3204
Biglari Holdings Class B
BH
$1.25B
| $1.46M | ﹤0.01% |
12,668
-1,495
| -11% | -$187K |
|
|
SBDS
3205
DELISTED
Solo Brands Inc
SBDS
| $1.46M | ﹤0.01% |
9,633
+1,696
| +21% | +$317K |
|
3206
RGC Resources
RGCO
$226M
| $1.46M | ﹤0.01% |
69,435
-10,353
| -13% | -$216K |
|
3207
Lifetime Brands
LCUT
$192M
| $1.46M | ﹤0.01% |
215,776
+2,178
| +1% | +$20.6K |
|
3208
Jakks Pacific
JAKK
$297M
| $1.46M | ﹤0.01% |
75,435
+488
| +0.7% | +$10K |
|
3209
Hydrofarm Holdings
HYFM
$7.72M
| $1.45M | ﹤0.01% |
74,756
+2,087
| +3% | +$67K |
|
3210
AN2 Therapeutics
ANTX
$210M
| $1.45M | ﹤0.01% |
83,291
+6,824
| +9% | +$79.6K |
|
|
PWOD
3211
DELISTED
Penns Woods Bancorp
PWOD
| $1.45M | ﹤0.01% |
63,112
+385
| +0.6% | +$8.85K |
|
3212
Quad
QUAD
$529M
| $1.45M | ﹤0.01% |
564,488
-969
| -0.2% | -$3.17K |
|
3213
Praxis Precision Medicines
PRAX
$8.9B
| $1.44M | ﹤0.01% |
42,314
-146
| -0.3% | -$7.28K |
|
|
XOMA
3214
DELISTED
Xoma
XOMA
| $1.43M | ﹤0.01% |
80,085
-21,787
| -21% | -$449K |
|
|
CURO
3215
DELISTED
CURO Group Holdings Corp.
CURO
| $1.43M | ﹤0.01% |
357,470
+1,539
| +0.4% | +$9.91K |
|
3216
Alamos Gold
AGI
$13.1B
| $1.43M | ﹤0.01% |
192,628
+10,753
| +6% | +$79.6K |
|
|
AC
3217
DELISTED
Associated Capital Group
AC
| $1.41M | ﹤0.01% |
38,470
+164
| +0.4% | +$6.43K |
|
3218
Chemung Financial Corp
CHMG
$399M
| $1.41M | ﹤0.01% |
33,791
+985
| +3% | +$44.3K |
|
3219
Lineage Cell Therapeutics
LCTX
$284M
| $1.41M | ﹤0.01% |
1,251,156
+1,784
| +0.1% | +$2.62K |
|
3220
Richmond Mutual Bancorp
RMBI
$255M
| $1.41M | ﹤0.01% |
105,235
+231
| +0.2% | +$3.21K |
|
3221
Spok Holdings
SPOK
$235M
| $1.41M | ﹤0.01% |
184,575
+311
| +0.2% | +$2.16K |
|
3222
PepGen
PEPG
$137M
| $1.41M | ﹤0.01% |
154,827
+7,783
| +5% | +$76.5K |
|
3223
Citizens
CIA
$235M
| $1.4M | ﹤0.01% |
419,293
+2,087
| +0.5% | +$7.92K |
|
3224
Richardson Electronics
RELL
$308M
| $1.4M | ﹤0.01% |
92,745
+204
| +0.2% | +$3.22K |
|
|
ETNB
3225
DELISTED
89bio
ETNB
| $1.4M | ﹤0.01% |
241,708
+150,663
| +165% | +$662K |
|
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.