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 | |
|---|---|---|---|---|---|---|
3676
XBiotech
XBIT
$68.3M
| $549K | ﹤0.01% |
151,741
+345
| +0.2% | +$1.62K |
|
3677
Geospace Technologies
GEOS
$94.6M
| $548K | ﹤0.01% |
124,291
| – | – |
|
3678
Harte-Hanks
HHS
$15.9M
| $547K | ﹤0.01% |
49,066
+15,955
| +48% | +$213K |
|
3679
Werewolf Therapeutics
HOWL
$20.1M
| $542K | ﹤0.01% |
120,287
+41,007
| +52% | +$223K |
|
3680
Cadiz
CDZI
$267M
| $541K | ﹤0.01% |
285,129
+7,365
| +3% | +$24.8K |
|
3681
Dorchester Minerals
DMLP
$1.23B
| $541K | ﹤0.01% |
21,696
| – | – |
|
|
VORB
3682
DELISTED
Virgin Orbit Holdings, Inc. Common Stock
VORB
| $540K | ﹤0.01% |
176,023
+32,985
| +23% | +$125K |
|
|
ACR
3683
ACRES Commercial Realty
ACR
$108M
| $539K | ﹤0.01% |
66,171
-18,051
| -21% | -$162K |
|
3684
Vor Biopharma
VOR
$1.21B
| $539K | ﹤0.01% |
6,780
+1,411
| +26% | +$139K |
|
3685
Electromed
ELMD
$349M
| $538K | ﹤0.01% |
52,554
| – | – |
|
|
KEEL
3686
Keel Infrastructure Corp
KEEL
$2.48B
| $537K | ﹤0.01% |
511,610
+123,314
| +32% | +$168K |
|
3687
Aqua Metals
AQMS
$8.89M
| $536K | ﹤0.01% |
3,553
+89
| +3% | +$15.8K |
|
3688
Limbach Holdings
LMB
$919M
| $536K | ﹤0.01% |
70,603
+358
| +0.5% | +$2.35K |
|
3689
Broadway Financial
BYFC
$100M
| $535K | ﹤0.01% |
59,188
+11,965
| +25% | +$102K |
|
3690
GH Research
GHRS
$2B
| $535K | ﹤0.01% |
46,113
+810
| +2% | +$10.2K |
|
|
CYPH
3691
Cypherpunk Technologies Inc
CYPH
$73.5M
| $535K | ﹤0.01% |
60,877
| – | – |
|
|
HIII
3692
DELISTED
Hudson Executive Investment Corp. III Class A Common Stock
HIII
| $535K | ﹤0.01% |
54,449
| – | – |
|
3693
Innoviz Technologies
INVZ
$92.4M
| $533K | ﹤0.01% |
102,314
+40,813
| +66% | +$196K |
|
3694
Brilliant Earth
BRLT
$17.1M
| $531K | ﹤0.01% |
92,772
+5,504
| +6% | +$35.5K |
|
3695
GEE Group
JOB
$23.1M
| $531K | ﹤0.01% |
842,204
-189,321
| -18% | -$117K |
|
3696
Dave Inc
DAVE
$5.46B
| $529K | ﹤0.01% |
46,122
-5,070
| -10% | -$93.6K |
|
3697
Newegg Commerce
NEGG
$321M
| $529K | ﹤0.01% |
11,318
-2,754
| -20% | -$189K |
|
|
LMST
3698
DELISTED
Limestone Bancorp, Inc. Common Stock
LMST
| $529K | ﹤0.01% |
26,969
+105
| +0.4% | +$2.05K |
|
|
CONX
3699
DELISTED
CONX Corp. Class A Common Stock
CONX
| $528K | ﹤0.01% |
52,880
| – | – |
|
|
WMC
3700
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $527K | ﹤0.01% |
47,180
-7,794
| -14% | -$104K |
|
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.