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 | |
|---|---|---|---|---|---|---|
|
BOXD
3451
DELISTED
Boxed, Inc.
BOXD
| $885K | ﹤0.01% |
960,562
+412,669
| +75% | +$602K |
|
3452
DarioHealth
DRIO
$74.7M
| $884K | ﹤0.01% |
9,552
+1,488
| +18% | +$160K |
|
|
GRFS
3453
Grifois
GRFS
$5.4B
| $884K | ﹤0.01% |
143,590
+5,870
| +4% | +$52.2K |
|
|
MITT
3454
TPG Mortgage Investment Trust
MITT
$224M
| $884K | ﹤0.01% |
215,313
+6,671
| +3% | +$44.7K |
|
3455
Urban One Class D
UONEK
$24.3M
| $884K | ﹤0.01% |
20,808
-2,798
| -12% | -$118K |
|
|
AKU
3456
DELISTED
Akumin Inc
AKU
| $882K | ﹤0.01% |
515,517
+478,890
| +1,307% | +$537K |
|
3457
Applied Optoelectronics
AAOI
$10.3B
| $881K | ﹤0.01% |
324,238
+5,456
| +2% | +$12.3K |
|
|
ALPP
3458
DELISTED
Alpine 4 Holdings Inc
ALPP
| $877K | ﹤0.01% |
197,621
+3,553
| +2% | +$20.7K |
|
3459
CB Financial Services
CBFV
$188M
| $874K | ﹤0.01% |
40,195
+85
| +0.2% | +$1.92K |
|
|
OYST
3460
DELISTED
Oyster Point Pharma, Inc. Common Stock
OYST
| $872K | ﹤0.01% |
155,171
+33,231
| +27% | +$208K |
|
|
OPOF
3461
DELISTED
Old Point Financial
OPOF
| $871K | ﹤0.01% |
31,436
+10,366
| +49% | +$256K |
|
3462
Willis Lease Finance
WLFC
$1.56B
| $871K | ﹤0.01% |
79,833
-708
| -0.9% | -$8.85K |
|
|
GAN
3463
DELISTED
GAN Ltd
GAN
| $869K | ﹤0.01% |
391,567
-19,616
| -5% | -$59.5K |
|
|
PRDS
3464
DELISTED
Pardes Biosciences, Inc. Common Stock
PRDS
| $868K | ﹤0.01% |
469,255
-21,637
| -4% | -$64.5K |
|
3465
First Majestic Silver
AG
$8.68B
| $867K | ﹤0.01% |
113,423
+8,471
| +8% | +$63.2K |
|
3466
BlackSky Technology
BKSY
$1.03B
| $867K | ﹤0.01% |
72,323
+481
| +0.7% | +$8.31K |
|
3467
INmune Bio
INMB
$50.5M
| $865K | ﹤0.01% |
139,606
+1,382
| +1% | +$12.1K |
|
|
CTG
3468
DELISTED
Computer Task Group, Inc.
CTG
| $865K | ﹤0.01% |
129,228
+653
| +0.5% | +$5.11K |
|
3469
Rush Enterprises Class B
RUSHB
$6.16B
| $864K | ﹤0.01% |
27,052
+2,062
| +8% | +$73.1K |
|
3470
Lee Enterprises
LEE
$177M
| $863K | ﹤0.01% |
49,041
+106
| +0.2% | +$1.97K |
|
3471
Harvard Bioscience
HBIO
$28.7M
| $861K | ﹤0.01% |
33,637
+68
| +0.2% | +$2.25K |
|
|
HMNF
3472
DELISTED
HMN Financial Inc
HMNF
| $861K | ﹤0.01% |
38,446
+18,537
| +93% | +$421K |
|
3473
Barnes & Noble Education
BNED
$439M
| $859K | ﹤0.01% |
3,582
+8
| +0.2% | +$2.14K |
|
3474
ICICI Bank
IBN
$109B
| $858K | ﹤0.01% |
40,923
-4,216
| -9% | -$89.1K |
|
3475
Everspin Technologies
MRAM
$378M
| $855K | ﹤0.01% |
147,726
+420
| +0.3% | +$2.67K |
|
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.