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 | |
|---|---|---|---|---|---|---|
3476
CytomX Therapeutics
CTMX
$729M
| $851K | ﹤0.01% |
587,451
+4,386
| +0.8% | +$6.75K |
|
|
FONR
3477
DELISTED
Fonar
FONR
| $851K | ﹤0.01% |
60,196
+629
| +1% | +$9.19K |
|
3478
Asure Software
ASUR
$248M
| $849K | ﹤0.01% |
148,459
+6,096
| +4% | +$33.3K |
|
3479
Energous
WATT
$98.4M
| $849K | ﹤0.01% |
1,375
+168
| +14% | +$122K |
|
|
CHMI
3480
Cherry Hill Mortgage Investment Corp
CHMI
$89.6M
| $845K | ﹤0.01% |
172,279
+11,576
| +7% | +$75.8K |
|
3481
X4 Pharmaceuticals
XFOR
$391M
| $844K | ﹤0.01% |
16,455
+10,137
| +160% | +$350K |
|
|
ATCO
3482
DELISTED
Atlas Corp.
ATCO
| $844K | ﹤0.01% |
60,734
+651
| +1% | +$8.48K |
|
|
IMA
3483
ImageneBio Inc
IMA
$65.4M
| $841K | ﹤0.01% |
19,746
+11,190
| +131% | +$647K |
|
3484
Provident Financial
PROV
$113M
| $838K | ﹤0.01% |
59,018
+13,164
| +29% | +$191K |
|
3485
Galectin Therapeutics
GALT
$203M
| $837K | ﹤0.01% |
513,902
+2,763
| +0.5% | +$5.16K |
|
3486
Northern Technologies International Corp
NTIC
$80.5M
| $835K | ﹤0.01% |
62,742
+312
| +0.5% | +$3.51K |
|
|
LTRPA
3487
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $832K | ﹤0.01% |
764,100
+24,578
| +3% | +$25.9K |
|
3488
KLX Energy Services
KLXE
$42.1M
| $831K | ﹤0.01% |
101,044
+25,444
| +34% | +$153K |
|
|
TRQ
3489
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $828K | ﹤0.01% |
27,995
+2,338
| +9% | +$63.6K |
|
|
GHL
3490
DELISTED
Greenhill & Co., Inc.
GHL
| $826K | ﹤0.01% |
139,121
+6,149
| +5% | +$48.5K |
|
|
LFT
3491
Lument Finance Trust
LFT
$34.1M
| $825K | ﹤0.01% |
382,295
+70,095
| +22% | +$174K |
|
3492
Forum Energy Technologies
FET
$849M
| $824K | ﹤0.01% |
38,815
+427
| +1% | +$9.75K |
|
3493
Owlet
OWLT
$160M
| $820K | ﹤0.01% |
54,774
+127
| +0.2% | +$3.13K |
|
3494
Dare Bioscience
DARE
$20.1M
| $819K | ﹤0.01% |
68,269
+8,641
| +14% | +$119K |
|
3495
Lakeland Industries
LAKE
$123M
| $816K | ﹤0.01% |
70,818
+542
| +0.8% | +$7.73K |
|
|
MDV
3496
Modiv Industrial
MDV
$177M
| $813K | ﹤0.01% |
+60,317
| New | +$867K |
|
3497
United Bancorp
UBCP
$94.9M
| $813K | ﹤0.01% |
50,599
+292
| +0.6% | +$4.57K |
|
3498
Union Bankshares
UNB
$110M
| $811K | ﹤0.01% |
35,897
+2
| +0% | +$51 |
|
|
SUNW
3499
DELISTED
Sunworks, Inc.
SUNW
| $811K | ﹤0.01% |
291,027
+12,799
| +5% | +$36K |
|
3500
Byrna Technologies
BYRN
$106M
| $806K | ﹤0.01% |
171,506
+718
| +0.4% | +$5.65K |
|
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.