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 | |
|---|---|---|---|---|---|---|
2201
Clover Health Investments
CLOV
$2.26B
| $10.6M | ﹤0.01% |
6,261,925
+238,217
| +4% | +$624K |
|
2202
Nektar Therapeutics
NKTR
$2.34B
| $10.6M | ﹤0.01% |
221,733
+4,802
| +2% | +$286K |
|
2203
Nurix Therapeutics
NRIX
$2.4B
| $10.6M | ﹤0.01% |
816,462
+43,168
| +6% | +$683K |
|
2204
Resources Connection
RGP
$155M
| $10.6M | ﹤0.01% |
587,341
+14,914
| +3% | +$299K |
|
2205
Ennis
EBF
$556M
| $10.6M | ﹤0.01% |
526,802
+7,203
| +1% | +$152K |
|
2206
Alector
ALEC
$169M
| $10.6M | ﹤0.01% |
1,118,528
+24,471
| +2% | +$265K |
|
2207
Legend Biotech
LEGN
$3.7B
| $10.6M | ﹤0.01% |
259,942
+20,626
| +9% | +$968K |
|
2208
Repay Holdings
RPAY
$331M
| $10.6M | ﹤0.01% |
1,497,472
+26,233
| +2% | +$286K |
|
2209
Titan International
TWI
$462M
| $10.6M | ﹤0.01% |
870,635
-3,703
| -0.4% | -$53.1K |
|
|
ALX
2210
Alexander's
ALX
$1.36B
| $10.6M | ﹤0.01% |
50,528
+1,585
| +3% | +$374K |
|
2211
Microvision
MVIS
$91.8M
| $10.5M | ﹤0.01% |
194,604
+2,603
| +1% | +$184K |
|
2212
UFP Technologies
UFPT
$2.05B
| $10.5M | ﹤0.01% |
122,622
+262
| +0.2% | +$22.9K |
|
2213
Green Brick Partners
GRBK
$3.08B
| $10.5M | ﹤0.01% |
491,137
-168,622
| -26% | -$4.16M |
|
2214
Pulmonx
LUNG
$81.9M
| $10.5M | ﹤0.01% |
629,374
+23,042
| +4% | +$424K |
|
|
SAFE
2215
DELISTED
Safehold Inc.
SAFE
| $10.5M | ﹤0.01% |
395,974
+19,316
| +5% | +$752K |
|
|
FNA
2216
DELISTED
Paragon 28, Inc.
FNA
| $10.5M | ﹤0.01% |
587,770
+163,686
| +39% | +$3.02M |
|
2217
Senseonics Holdings Inc
SENS
$274M
| $10.5M | ﹤0.01% |
396,383
+22,130
| +6% | +$677K |
|
2218
Braze
BRZE
$2.89B
| $10.4M | ﹤0.01% |
300,032
+167,388
| +126% | +$7.07M |
|
|
DHIL
2219
DELISTED
Diamond Hill
DHIL
| $10.4M | ﹤0.01% |
63,199
+653
| +1% | +$116K |
|
2220
Central Pacific Financial
CPF
$1.03B
| $10.4M | ﹤0.01% |
503,847
+22,015
| +5% | +$496K |
|
2221
Caribou Biosciences
CRBU
$145M
| $10.4M | ﹤0.01% |
985,370
+310,597
| +46% | +$2.89M |
|
2222
NETGEAR
NTGR
$642M
| $10.4M | ﹤0.01% |
518,502
+1,563
| +0.3% | +$35.2K |
|
2223
Myers Industries
MYE
$1.33B
| $10.4M | ﹤0.01% |
629,353
+16,836
| +3% | +$347K |
|
|
CTIC
2224
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $10.4M | ﹤0.01% |
1,778,969
+190,422
| +12% | +$1.19M |
|
|
LGF.A
2225
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $10.3M | ﹤0.01% |
1,391,799
-18,153
| -1% | -$174K |
|
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.