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 | |
|---|---|---|---|---|---|---|
3426
Eos Energy Enterprises
EOSE
$1.38B
| $924K | ﹤0.01% |
553,385
+135,305
| +32% | +$295K |
|
3427
ProKidney
PROK
$343M
| $924K | ﹤0.01% |
+102,555
| New | +$892K |
|
3428
Foster
FSTR
$438M
| $923K | ﹤0.01% |
94,610
+492
| +0.5% | +$6.44K |
|
|
EMBK
3429
DELISTED
Embark Technology, Inc. Common Stock
EMBK
| $921K | ﹤0.01% |
123,971
+22,262
| +22% | +$221K |
|
3430
Eastern Company
EML
$147M
| $918K | ﹤0.01% |
52,952
+1,054
| +2% | +$21.4K |
|
3431
Value Line
VALU
$331M
| $917K | ﹤0.01% |
20,899
-986
| -5% | -$71.7K |
|
3432
TORM
TRMD
$2.93B
| $916K | ﹤0.01% |
45,179
+2,911
| +7% | +$52.4K |
|
3433
Park-Ohio Holdings
PKOH
$599M
| $915K | ﹤0.01% |
80,944
+2,113
| +3% | +$34.6K |
|
|
SDC
3434
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $913K | ﹤0.01% |
1,009,329
+1,835
| +0.2% | +$2.23K |
|
3435
Oric Pharmaceuticals
ORIC
$1.34B
| $909K | ﹤0.01% |
284,308
-40,065
| -12% | -$160K |
|
|
GHLD
3436
DELISTED
Guild Holdings
GHLD
| $908K | ﹤0.01% |
98,309
+53,230
| +118% | +$579K |
|
3437
Ovid Therapeutics
OVID
$489M
| $905K | ﹤0.01% |
492,073
+3,637
| +0.7% | +$7.61K |
|
3438
Rani Therapeutics
RANI
$87.7M
| $905K | ﹤0.01% |
94,532
+21,083
| +29% | +$223K |
|
3439
Olema Pharmaceuticals
OLMA
$1.01B
| $903K | ﹤0.01% |
327,535
+40,288
| +14% | +$171K |
|
3440
Natural Gas Services Group
NGS
$472M
| $897K | ﹤0.01% |
89,380
+605
| +0.7% | +$6.21K |
|
|
SFBC
3441
Sound Financial Bancorp
SFBC
$112M
| $897K | ﹤0.01% |
22,148
+4,598
| +26% | +$187K |
|
|
ZEV
3442
DELISTED
Lightning eMotors, Inc.
ZEV
| $896K | ﹤0.01% |
28,904
+601
| +2% | +$34.3K |
|
|
SNCR
3443
DELISTED
Synchronoss Technologies
SNCR
| $893K | ﹤0.01% |
87,071
+188
| +0.2% | +$2.39K |
|
3444
Shattuck Labs
STTK
$704M
| $892K | ﹤0.01% |
330,680
+62,123
| +23% | +$233K |
|
3445
Spruce Power Holding Corp
SPRU
$43.9M
| $891K | ﹤0.01% |
125,167
+19,698
| +19% | +$187K |
|
3446
Cooper-Standard Automotive
CPS
$553M
| $889K | ﹤0.01% |
152,293
-7,840
| -5% | -$55.3K |
|
3447
Puma Biotechnology
PBYI
$407M
| $887K | ﹤0.01% |
374,666
+4,575
| +1% | +$13.4K |
|
3448
Amtech Systems
ASYS
$280M
| $886K | ﹤0.01% |
104,334
-10,617
| -9% | -$97.8K |
|
3449
Escalade
ESCA
$307M
| $886K | ﹤0.01% |
89,125
+4,436
| +5% | +$52.2K |
|
3450
BGSF Inc
BGSF
$60.4M
| $885K | ﹤0.01% |
79,674
+3,401
| +4% | +$42K |
|
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.