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 | |
|---|---|---|---|---|---|---|
3376
Precision BioSciences
DTIL
$193M
| $1.01M | ﹤0.01% |
26,040
+8,775
| +51% | +$417K |
|
3377
Ohio Valley Banc Corp
OVBC
$202M
| $1.01M | ﹤0.01% |
36,423
+5,909
| +19% | +$175K |
|
|
HUT
3378
Hut 8
HUT
$10.4B
| $1.01M | ﹤0.01% |
113,564
+26,765
| +31% | +$279K |
|
|
ATXS
3379
DELISTED
Astria Therapeutics
ATXS
| $1.01M | ﹤0.01% |
111,905
+27,709
| +33% | +$186K |
|
3380
Prelude Therapeutics
PRLD
$362M
| $1.01M | ﹤0.01% |
153,091
+17,450
| +13% | +$118K |
|
|
THRN
3381
DELISTED
Thorne Healthtech, Inc. Common Stock
THRN
| $1M | ﹤0.01% |
212,126
+30,850
| +17% | +$155K |
|
|
CMCT
3382
Creative Media & Community Trust
CMCT
$13.2M
| $1M | ﹤0.01% |
6
-1
| -14% | -$171K |
|
|
NNDM
3383
Nano Dimension
NNDM
$328M
| $1M | ﹤0.01% |
418,887
+108,139
| +35% | +$331K |
|
3384
Phunware
PHUN
$45.8M
| $1M | ﹤0.01% |
16,962
+1,933
| +13% | +$138K |
|
3385
Talkspace
TALK
$874M
| $996K | ﹤0.01% |
967,699
+42,111
| +5% | +$61.8K |
|
3386
Loop Industries
LOOP
$33.2M
| $994K | ﹤0.01% |
229,589
+2,046
| +0.9% | +$11.4K |
|
|
LSEA
3387
DELISTED
Landsea Homes
LSEA
| $994K | ﹤0.01% |
208,518
-23,814
| -10% | -$155K |
|
3388
Peoples Bancorp of North Carolina
PEBK
$231M
| $994K | ﹤0.01% |
40,087
-6,324
| -14% | -$166K |
|
|
TERN
3389
DELISTED
Terns Pharmaceuticals
TERN
| $994K | ﹤0.01% |
168,848
+89,524
| +113% | +$333K |
|
|
DMTK
3390
DELISTED
DermTech, Inc. Common Stock
DMTK
| $994K | ﹤0.01% |
251,125
+1,720
| +0.7% | +$10.6K |
|
3391
Quantum Corp
QMCO
$456M
| $992K | ﹤0.01% |
45,954
+13,029
| +40% | +$419K |
|
3392
Smith-Midland
SMID
$148M
| $992K | ﹤0.01% |
37,102
+53
| +0.1% | +$1.02K |
|
3393
CorMedix
CRMD
$581M
| $989K | ﹤0.01% |
349,696
+18,742
| +6% | +$78K |
|
|
AIOT
3394
PowerFleet Inc
AIOT
$566M
| $988K | ﹤0.01% |
321,014
| – | – |
|
|
BRDS
3395
DELISTED
Bird Global, Inc.
BRDS
| $988K | ﹤0.01% |
112,008
+92
| +0.1% | +$1.09K |
|
3396
Transcontinental Realty Investors
TCI
$352M
| $987K | ﹤0.01% |
24,466
-11,580
| -32% | -$488K |
|
|
OMGA
3397
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $985K | ﹤0.01% |
181,905
+98,079
| +117% | +$497K |
|
3398
Valhi
VHI
$408M
| $984K | ﹤0.01% |
39,119
-2
| -0% | -$77 |
|
|
ASXC
3399
DELISTED
Asensus Surgical, Inc.
ASXC
| $983K | ﹤0.01% |
2,191,771
+4,666
| +0.2% | +$2.43K |
|
|
TRML
3400
DELISTED
Tourmaline Bio
TRML
| $982K | ﹤0.01% |
37,345
+9,710
| +35% | +$354K |
|
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.