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 | |
|---|---|---|---|---|---|---|
3601
inTEST
INTT
$176M
| $633K | ﹤0.01% |
82,982
+1,361
| +2% | +$11.1K |
|
|
ACAH
3602
DELISTED
Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
| $632K | ﹤0.01% |
64,451
+1,782
| +3% | +$17.5K |
|
|
WEJO
3603
DELISTED
Wejo Group Limited Common Shares
WEJO
| $631K | ﹤0.01% |
579,816
+12,849
| +2% | +$16.8K |
|
3604
Calumet Specialty Products
CLMT
$3.54B
| $630K | ﹤0.01% |
49,250
| – | – |
|
|
GAMB
3605
DELISTED
Gambling.com
GAMB
| $630K | ﹤0.01% |
82,966
+380
| +0.5% | +$2.98K |
|
|
AE
3606
DELISTED
Adams Resources & Energy Inc
AE
| $628K | ﹤0.01% |
21,082
| – | – |
|
|
HIVE
3607
HIVE Digital Technologies
HIVE
$791M
| $626K | ﹤0.01% |
166,747
+2,536
| +2% | +$11.5K |
|
|
INZY
3608
DELISTED
Inozyme Pharma
INZY
| $626K | ﹤0.01% |
233,685
+16,760
| +8% | +$60.6K |
|
3609
Landmark Bancorp
LARK
$189M
| $626K | ﹤0.01% |
29,799
+14,761
| +98% | +$309K |
|
3610
PAVmed
PAVM
$37.1M
| $626K | ﹤0.01% |
1,619
-79
| -5% | -$44.8K |
|
3611
Alzamend Neuro
ALZN
$6.66M
| $625K | ﹤0.01% |
389
+359
| +1,197% | +$493K |
|
|
MLVF
3612
DELISTED
Malvern Bancorp, Inc.
MLVF
| $623K | ﹤0.01% |
43,355
-9,846
| -19% | -$155K |
|
|
SCLE
3613
DELISTED
Broadscale Acquisition Corp. Class A common stock
SCLE
| $623K | ﹤0.01% |
63,316
+1,863
| +3% | +$18.3K |
|
3614
Q32 Bio
QTTB
$482M
| $622K | ﹤0.01% |
21,492
+52
| +0.2% | +$2.12K |
|
3615
Genprex
GNPX
$2.24M
| $621K | ﹤0.01% |
10
| – | – |
|
|
GRRR
3616
Gorilla Technology Group
GRRR
$333M
| $621K | ﹤0.01% |
+5,386
| New | +$693K |
|
3617
Hamilton Beach Brands
HBB
$321M
| $621K | ﹤0.01% |
53,289
-9,678
| -15% | -$115K |
|
3618
Clene
CLNN
$68.1M
| $619K | ﹤0.01% |
11,060
-487
| -4% | -$32.3K |
|
3619
VirnetX Holding Corp
VHC
$59.6M
| $619K | ﹤0.01% |
26,453
+20
| +0.1% | +$645 |
|
|
BMTX
3620
DELISTED
BM Technologies, Inc.
BMTX
| $619K | ﹤0.01% |
92,639
| – | – |
|
3621
Maui Land & Pineapple Co
MLP
$345M
| $618K | ﹤0.01% |
67,135
| – | – |
|
|
FATBB
3622
DELISTED
FAT Brands
FATBB
| $615K | ﹤0.01% |
126,012
+3,736
| +3% | +$20.1K |
|
3623
CPI Card Group
PMTS
$259M
| $615K | ﹤0.01% |
39,066
+4,856
| +14% | +$88.5K |
|
3624
Innodata
INOD
$2.27B
| $614K | ﹤0.01% |
203,458
+22
| +0% | +$96 |
|
3625
New Mountain Finance
NMFC
$691M
| $614K | ﹤0.01% |
53,270
| – | – |
|
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.