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 | |
|---|---|---|---|---|---|---|
3501
First Capital
FCAP
$215M
| $806K | ﹤0.01% |
31,361
+375
| +1% | +$10.6K |
|
|
STRR
3502
Star Equity Holdings
STRR
$43M
| $806K | ﹤0.01% |
23,982
+539
| +2% | +$17.5K |
|
3503
PDS Biotechnology
PDSB
$40M
| $803K | ﹤0.01% |
270,455
+25,665
| +10% | +$109K |
|
|
GPGI
3504
GPGI Inc
GPGI
$4.38B
| $798K | ﹤0.01% |
191,812
-42,424
| -18% | -$199K |
|
3505
XWELL
XWEL
$8.44M
| $798K | ﹤0.01% |
52,190
-2,727
| -5% | -$48.2K |
|
3506
First United
FUNC
$290M
| $797K | ﹤0.01% |
48,179
+267
| +0.6% | +$4.76K |
|
|
PHX
3507
DELISTED
PHX Minerals
PHX
| $797K | ﹤0.01% |
246,021
+7,924
| +3% | +$25.5K |
|
|
ENZ
3508
DELISTED
Enzo Biochem, Inc.
ENZ
| $797K | ﹤0.01% |
357,544
+977
| +0.3% | +$2.36K |
|
3509
Kopin
KOPN
$741M
| $791K | ﹤0.01% |
753,539
-44,251
| -6% | -$61.8K |
|
3510
Stereotaxis
STXS
$137M
| $791K | ﹤0.01% |
439,870
+980
| +0.2% | +$2.1K |
|
3511
Finward Bancorp
FNWD
$196M
| $790K | ﹤0.01% |
23,239
+5,829
| +33% | +$215K |
|
|
AUD
3512
DELISTED
Audacy, Inc.
AUD
| $790K | ﹤0.01% |
2,047,438
+1,885
| +0.1% | +$1.14K |
|
|
ZIVO
3513
DELISTED
Zivo Bioscience, Inc. Common Stock
ZIVO
| $789K | ﹤0.01% |
46,999
-4,772
| -9% | -$105K |
|
3514
Flexsteel Industries
FLXS
$319M
| $788K | ﹤0.01% |
50,194
-6,964
| -12% | -$121K |
|
3515
TransAlta
TAC
$4.02B
| $788K | ﹤0.01% |
89,253
+310
| +0.3% | +$3.19K |
|
3516
Finance of America Companies
FOA
$201M
| $786K | ﹤0.01% |
53,136
+5,692
| +12% | +$90.1K |
|
|
MGIC
3517
DELISTED
Magic Software Enterprises
MGIC
| $783K | ﹤0.01% |
50,377
+891
| +2% | +$16K |
|
3518
Sanara MedTech
SMTI
$313M
| $783K | ﹤0.01% |
26,405
+1,133
| +4% | +$31.7K |
|
3519
MarketWise
MKTW
$56.5M
| $781K | ﹤0.01% |
17,135
-2,897
| -14% | -$171K |
|
3520
Security National Financial
SNFCA
$251M
| $780K | ﹤0.01% |
149,332
-29,085
| -16% | -$180K |
|
3521
EVI Industries
EVI
$181M
| $779K | ﹤0.01% |
42,986
| – | – |
|
3522
Standard BioTools
LAB
$306M
| $778K | ﹤0.01% |
707,803
+1,237
| +0.2% | +$1.87K |
|
3523
Immunocore
IMCR
$1.67B
| $772K | ﹤0.01% |
16,464
| – | – |
|
|
PLM
3524
DELISTED
PolyMet Mining Corp.
PLM
| $772K | ﹤0.01% |
268,092
-554
| -0.2% | -$1.65K |
|
|
MNTX
3525
DELISTED
Manitex International, Inc.
MNTX
| $770K | ﹤0.01% |
134,442
+753
| +0.6% | +$4.31K |
|
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.