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 | |
|---|---|---|---|---|---|---|
3751
Smart Sand
SND
$193M
| $481K | ﹤0.01% |
308,782
+3,888
| +1% | +$7.38K |
|
|
BFX
3752
DELISTED
BowFlex Inc.
BFX
| $481K | ﹤0.01% |
295,503
+1,042
| +0.4% | +$2.1K |
|
3753
FreightCar America
RAIL
$280M
| $480K | ﹤0.01% |
128,951
| – | – |
|
3754
First National Corp
FXNC
$288M
| $475K | ﹤0.01% |
+31,111
| New | +$535K |
|
|
LUXA
3755
DELISTED
Lux Health Tech Acquisition Corp. Class A Common Stock
LUXA
| $473K | ﹤0.01% |
47,276
| – | – |
|
3756
Broadwind
BWEN
$117M
| $472K | ﹤0.01% |
156,499
+26,342
| +20% | +$67.1K |
|
|
CFIV
3757
DELISTED
CF Acquisition Corp. IV Class A common stock
CFIV
| $469K | ﹤0.01% |
47,181
| – | – |
|
|
LHAA
3758
DELISTED
Lerer Hippeau Acquisition Corp. Class A Common Stock
LHAA
| $468K | ﹤0.01% |
47,693
| – | – |
|
|
LMACA
3759
DELISTED
Liberty Media Acquisition Corporation Series A Common Stock
LMACA
| $467K | ﹤0.01% |
47,071
| – | – |
|
3760
NextCure
NXTC
$23.5M
| $464K | ﹤0.01% |
14,069
-182
| -1% | -$9.28K |
|
3761
Taysha Gene Therapies
TSHA
$1.78B
| $464K | ﹤0.01% |
240,415
+2,176
| +0.9% | +$7.9K |
|
3762
Cellebrite
CLBT
$3.94B
| $462K | ﹤0.01% |
117,875
+8,446
| +8% | +$42.3K |
|
|
LOAN
3763
Manhattan Bridge Capital
LOAN
$48.1M
| $460K | ﹤0.01% |
81,577
+25,234
| +45% | +$140K |
|
3764
Fuel Tech
FTEK
$47.7M
| $459K | ﹤0.01% |
392,435
+9,963
| +3% | +$12.9K |
|
|
ICAD
3765
DELISTED
iCAD Inc
ICAD
| $459K | ﹤0.01% |
218,902
+463
| +0.2% | +$1.52K |
|
3766
SurgePays
SURG
$5.28M
| $459K | ﹤0.01% |
100,986
+15,782
| +19% | +$80.5K |
|
|
DS
3767
DELISTED
Drive Shack Inc.
DS
| $459K | ﹤0.01% |
740,958
+6,667
| +0.9% | +$7.96K |
|
3768
Marchex
MCHX
$83.3M
| $457K | ﹤0.01% |
272,147
+1,242
| +0.5% | +$2.39K |
|
3769
Bit Digital
BTBT
$492M
| $455K | ﹤0.01% |
379,941
+56,496
| +17% | +$86.3K |
|
3770
VirTra
VTSI
$35.2M
| $455K | ﹤0.01% |
84,152
-5,157
| -6% | -$27.5K |
|
3771
AmeriServ Financial
ASRV
$74.6M
| $453K | ﹤0.01% |
119,429
+1,696
| +1% | +$6.62K |
|
|
SYRS
3772
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $453K | ﹤0.01% |
70,415
+22,044
| +46% | +$179K |
|
3773
HDFC Bank
HDB
$123B
| $452K | ﹤0.01% |
15,490
+2,256
| +17% | +$69.3K |
|
3774
Brookfield Infrastructure Partners
BIP
$18.4B
| $451K | ﹤0.01% |
12,568
-4,932
| -28% | -$198K |
|
|
ACCS
3775
ACCESS Newswire
ACCS
$25.8M
| $451K | ﹤0.01% |
22,245
+77
| +0.3% | +$1.76K |
|
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.