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 | |
|---|---|---|---|---|---|---|
3301
Lantronix
LTRX
$263M
| $1.2M | ﹤0.01% |
248,592
+19,706
| +9% | +$120K |
|
|
BLU
3302
DELISTED
BELLUS Health Inc.
BLU
| $1.2M | ﹤0.01% |
113,260
+33,147
| +41% | +$352K |
|
3303
Algoma Steel
ASTL
$470M
| $1.19M | ﹤0.01% |
168,005
+74,656
| +80% | +$667K |
|
3304
Smith Micro Software
SMSI
$16M
| $1.19M | ﹤0.01% |
13,147
+306
| +2% | +$31.1K |
|
|
ERF
3305
DELISTED
Enerplus Corporation
ERF
| $1.19M | ﹤0.01% |
83,927
+7,531
| +10% | +$106K |
|
3306
ARS Pharmaceuticals
SPRY
$532M
| $1.18M | ﹤0.01% |
224,384
+732
| +0.3% | +$3.61K |
|
|
DRRX
3307
DELISTED
DURECT Corp
DRRX
| $1.18M | ﹤0.01% |
204,675
+1,891
| +0.9% | +$11.5K |
|
|
RNDB
3308
DELISTED
Randolph Bancorp, Inc. Common Stock
RNDB
| $1.18M | ﹤0.01% |
43,830
+78
| +0.2% | +$2.07K |
|
|
LVOX
3309
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $1.18M | ﹤0.01% |
399,445
+8,868
| +2% | +$18.7K |
|
3310
InfuSystem Holdings
INFU
$245M
| $1.18M | ﹤0.01% |
168,483
+2,036
| +1% | +$17.1K |
|
|
WMPN
3311
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $1.18M | ﹤0.01% |
103,605
+2,445
| +2% | +$28.1K |
|
|
GBL
3312
DELISTED
GAMCO Investors, Inc.
GBL
| $1.17M | ﹤0.01% |
68,870
+479
| +0.7% | +$9.66K |
|
3313
Energy Transfer Partners
ET
$70B
| $1.17M | ﹤0.01% |
106,379
-41,864
| -28% | -$466K |
|
3314
American Superconductor
AMSC
$1.6B
| $1.17M | ﹤0.01% |
267,698
+9,299
| +4% | +$48.1K |
|
3315
RCM Technologies
RCMT
$206M
| $1.17M | ﹤0.01% |
70,094
+2,025
| +3% | +$35.1K |
|
3316
CEL-SCI Corp
CVM
$26.6M
| $1.17M | ﹤0.01% |
12,602
+132
| +1% | +$15.9K |
|
|
FFNW
3317
DELISTED
First Financial Northwest, Inc
FFNW
| $1.17M | ﹤0.01% |
78,548
+13,332
| +20% | +$204K |
|
|
GATO
3318
DELISTED
Gatos Silver, Inc.
GATO
| $1.17M | ﹤0.01% |
434,845
+3,929
| +0.9% | +$12.3K |
|
3319
Altisource Portfolio Solutions
ASPS
$63.8M
| $1.16M | ﹤0.01% |
11,049
| – | – |
|
|
LAC
3320
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $1.16M | ﹤0.01% |
42,195
+8,298
| +24% | +$221K |
|
|
ICVX
3321
DELISTED
Icosavax, Inc. Common Stock
ICVX
| $1.16M | ﹤0.01% |
366,236
+30,390
| +9% | +$190K |
|
3322
Cipher Digital
CIFR
$7.65B
| $1.16M | ﹤0.01% |
917,002
-77,886
| -8% | -$137K |
|
|
NUTX
3323
Nutex Health
NUTX
$1.08B
| $1.15M | ﹤0.01% |
5,123
-96
| -2% | -$40.7K |
|
3324
Bowman Consulting
BWMN
$472M
| $1.15M | ﹤0.01% |
78,718
+28,108
| +56% | +$407K |
|
3325
ECB Bancorp
ECBK
$181M
| $1.15M | ﹤0.01% |
+79,842
| New | +$1.13M |
|
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.