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 | |
|---|---|---|---|---|---|---|
3776
LENSAR
LNSR
$68.5M
| $449K | ﹤0.01% |
80,972
+321
| +0.4% | +$1.95K |
|
3777
Arq
ARQ
$88.9M
| $449K | ﹤0.01% |
164,657
+620
| +0.4% | +$2.62K |
|
3778
Black Diamond Therapeutics
BDTX
$102M
| $447K | ﹤0.01% |
264,547
+17,839
| +7% | +$55K |
|
3779
Disc Medicine
IRON
$2.99B
| $446K | ﹤0.01% |
9,076
+39
| +0.4% | +$1.84K |
|
|
TCBC
3780
DELISTED
TC Bancshares, Inc. Common Stock
TCBC
| $446K | ﹤0.01% |
+31,028
| New | +$436K |
|
3781
Passage Bio
PASG
$14.9M
| $440K | ﹤0.01% |
17,627
+41
| +0.2% | +$1.62K |
|
3782
Wrap Technologies
WRAP
$110M
| $440K | ﹤0.01% |
257,771
| – | – |
|
|
SFT
3783
DELISTED
Shift Technologies, Inc. Class A Common Stock
SFT
| $440K | ﹤0.01% |
62,944
+2,905
| +5% | +$27.9K |
|
3784
Dr. Reddy's Laboratories
RDY
$10.1B
| $439K | ﹤0.01% |
42,930
+6,420
| +18% | +$68.4K |
|
3785
Pro-Dex
PDEX
$219M
| $438K | ﹤0.01% |
24,747
-8,482
| -26% | -$146K |
|
3786
Red Cat Holdings
RCAT
$1.35B
| $438K | ﹤0.01% |
262,604
+10,454
| +4% | +$21.8K |
|
3787
Verrica Pharmaceuticals
VRCA
$92.9M
| $438K | ﹤0.01% |
15,024
+2,910
| +24% | +$99.7K |
|
3788
LifeVantage
LFVN
$86.2M
| $437K | ﹤0.01% |
116,681
+449
| +0.4% | +$1.82K |
|
3789
OppFi
OPFI
$838M
| $436K | ﹤0.01% |
189,933
-46,163
| -20% | -$132K |
|
|
GPUS
3790
Hyperscale Data Inc
GPUS
$59.3M
| $436K | ﹤0.01% |
15
+3
| +25% | +$139K |
|
3791
MPLX
MPLX
$61.4B
| $433K | ﹤0.01% |
14,433
-8,638
| -37% | -$272K |
|
|
FFBW
3792
DELISTED
FFBW, Inc. Common Stock
FFBW
| $433K | ﹤0.01% |
36,409
-16,299
| -31% | -$199K |
|
|
GIFI
3793
DELISTED
Gulf Island Fabrication
GIFI
| $432K | ﹤0.01% |
103,601
| – | – |
|
|
VRNA
3794
DELISTED
Verona Pharma
VRNA
| $432K | ﹤0.01% |
42,350
+27,913
| +193% | +$235K |
|
|
TTM
3795
DELISTED
Tata Motors Limited
TTM
| $432K | ﹤0.01% |
17,816
+2,541
| +17% | +$71.3K |
|
|
BCOW
3796
DELISTED
1895 Bancorp of Wisconsin
BCOW
| $431K | ﹤0.01% |
+41,466
| New | +$426K |
|
|
LKFT
3797
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.73B
| $430K | ﹤0.01% |
10,095
| – | – |
|
3798
Gogoro
GGR
$56.2M
| $429K | ﹤0.01% |
5,691
+2,102
| +59% | +$225K |
|
3799
Sonida Senior Living
SNDA
$1.83B
| $429K | ﹤0.01% |
26,469
-4,607
| -15% | -$90.1K |
|
3800
Aquestive Therapeutics
AQST
$469M
| $428K | ﹤0.01% |
365,899
+121,537
| +50% | +$137K |
|
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.