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 | |
|---|---|---|---|---|---|---|
2276
York Water
YORW
$499M
| $9.82M | ﹤0.01% |
255,608
+9,870
| +4% | +$423K |
|
|
MCHB
2277
Mechanics Bancorp
MCHB
$3.77B
| $9.81M | ﹤0.01% |
340,446
-10,571
| -3% | -$372K |
|
|
TGI
2278
DELISTED
Triumph Group
TGI
| $9.79M | ﹤0.01% |
1,139,936
+20,706
| +2% | +$271K |
|
|
UBA
2279
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $9.78M | ﹤0.01% |
630,731
-9,155
| -1% | -$156K |
|
|
ACRE
2280
Ares Commercial Real Estate
ACRE
$236M
| $9.78M | ﹤0.01% |
935,998
+111,956
| +14% | +$1.45M |
|
|
PNT
2281
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $9.76M | ﹤0.01% |
1,262,598
-65,945
| -5% | -$560K |
|
2282
Bristow Group
VTOL
$1.35B
| $9.71M | ﹤0.01% |
413,314
+3,040
| +0.7% | +$79.3K |
|
2283
Collegium Pharmaceutical
COLL
$1.15B
| $9.7M | ﹤0.01% |
605,692
+2,306
| +0.4% | +$40.7K |
|
2284
Compass Diversified
CODI
$795M
| $9.68M | ﹤0.01% |
536,247
+28,250
| +6% | +$621K |
|
|
CATC
2285
DELISTED
CAMBRIDGE BANCORP
CATC
| $9.68M | ﹤0.01% |
121,374
+641
| +0.5% | +$52.7K |
|
|
DENN
2286
DELISTED
Denny's
DENN
| $9.68M | ﹤0.01% |
1,028,186
-37,083
| -3% | -$356K |
|
2287
Seres Therapeutics
MCRB
$48.7M
| $9.67M | ﹤0.01% |
75,325
+14,388
| +24% | +$1.47M |
|
2288
HealthStream
HSTM
$828M
| $9.65M | ﹤0.01% |
453,747
+7,477
| +2% | +$170K |
|
|
NGM
2289
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $9.64M | ﹤0.01% |
737,316
+8,702
| +1% | +$132K |
|
2290
Design Therapeutics
DSGN
$797M
| $9.64M | ﹤0.01% |
576,709
+141,584
| +33% | +$2.82M |
|
2291
Helix Energy Solutions
HLX
$1.36B
| $9.63M | ﹤0.01% |
2,495,812
+77,447
| +3% | +$294K |
|
2292
Bionano Genomics
BNGO
$12.7M
| $9.63M | ﹤0.01% |
8,768
+181
| +2% | +$239K |
|
2293
Transcat
TRNS
$838M
| $9.61M | ﹤0.01% |
127,009
-755
| -0.6% | -$52.2K |
|
2294
NovaGold Resources
NG
$2.61B
| $9.6M | ﹤0.01% |
2,046,433
+48,793
| +2% | +$226K |
|
2295
First Financial Corp
THFF
$982M
| $9.56M | ﹤0.01% |
211,596
+1,203
| +0.6% | +$55.5K |
|
2296
ImmunityBio
IBRX
$7.49B
| $9.55M | ﹤0.01% |
1,921,589
+348,755
| +22% | +$1.59M |
|
2297
Ethan Allen Interiors
ETD
$598M
| $9.54M | ﹤0.01% |
451,328
+5,104
| +1% | +$119K |
|
|
GOLD
2298
Gold.com Inc
GOLD
$1.22B
| $9.52M | ﹤0.01% |
335,307
-20,208
| -6% | -$614K |
|
2299
Rhythm Pharmaceuticals
RYTM
$7.05B
| $9.51M | ﹤0.01% |
388,112
-11,682
| -3% | -$217K |
|
2300
W&T Offshore
WTI
$522M
| $9.49M | ﹤0.01% |
1,619,673
+18,668
| +1% | +$102K |
|
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.