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 | |
|---|---|---|---|---|---|---|
|
BBBY
2376
DELISTED
Bed Bath & Beyond Inc
BBBY
| $8.22M | ﹤0.01% |
1,350,053
-125,109
| -8% | -$1.02M |
|
2377
Genco Shipping & Trading
GNK
$1.14B
| $8.22M | ﹤0.01% |
655,950
+28,973
| +5% | +$460K |
|
|
EB
2378
DELISTED
Eventbrite
EB
| $8.21M | ﹤0.01% |
1,349,844
+20,003
| +2% | +$168K |
|
2379
Energy Fuels
UUUU
$3.04B
| $8.19M | ﹤0.01% |
1,338,744
+42,071
| +3% | +$269K |
|
|
MCW
2380
DELISTED
Mister Car Wash
MCW
| $8.18M | ﹤0.01% |
953,365
+347,755
| +57% | +$3.74M |
|
2381
Boston Omaha
BOC
$437M
| $8.17M | ﹤0.01% |
354,604
+18,743
| +6% | +$464K |
|
2382
AvePoint
AVPT
$2.83B
| $8.16M | ﹤0.01% |
2,034,588
+3,354
| +0.2% | +$15.8K |
|
|
CHUY
2383
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $8.16M | ﹤0.01% |
351,857
+9,518
| +3% | +$212K |
|
2384
PetMed Express
PETS
$42.3M
| $8.15M | ﹤0.01% |
417,708
+15,918
| +4% | +$338K |
|
|
STKL
2385
DELISTED
SunOpta
STKL
| $8.12M | ﹤0.01% |
892,641
+33,152
| +4% | +$314K |
|
2386
Movado Group
MOV
$866M
| $8.12M | ﹤0.01% |
288,210
+3,685
| +1% | +$121K |
|
|
KZR
2387
DELISTED
Kezar Life Sciences
KZR
| $8.1M | ﹤0.01% |
94,090
+16,479
| +21% | +$1.6M |
|
2388
Centrus Energy
LEU
$3.63B
| $8.09M | ﹤0.01% |
197,521
+12,568
| +7% | +$483K |
|
2389
Mercantile Bank Corp
MBWM
$1.05B
| $8.09M | ﹤0.01% |
272,250
+54
| +0% | +$1.8K |
|
2390
Argan
AGX
$8.31B
| $8.08M | ﹤0.01% |
251,259
+2,224
| +0.9% | +$78.4K |
|
2391
SIGA Technologies
SIGA
$230M
| $8.06M | ﹤0.01% |
782,359
-3,615
| -0.5% | -$58.1K |
|
2392
SiriusPoint
SPNT
$2.75B
| $8.04M | ﹤0.01% |
1,624,408
+87,940
| +6% | +$409K |
|
|
TRTX
2393
TPG RE Finance Trust
TRTX
$619M
| $8.04M | ﹤0.01% |
1,148,242
+48,727
| +4% | +$463K |
|
2394
Workhorse Group
WKHS
$34M
| $8.01M | ﹤0.01% |
930
+72
| +8% | +$700K |
|
|
HAYN
2395
DELISTED
Haynes International, Inc.
HAYN
| $8M | ﹤0.01% |
227,878
-100
| -0% | -$3.78K |
|
2396
ADMA Biologics
ADMA
$2.03B
| $7.99M | ﹤0.01% |
3,286,129
+94,001
| +3% | +$226K |
|
2397
Mirum Pharmaceuticals
MIRM
$6.38B
| $7.97M | ﹤0.01% |
379,502
+98,642
| +35% | +$2.37M |
|
|
SLGC
2398
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $7.96M | ﹤0.01% |
2,743,571
+98,065
| +4% | +$413K |
|
|
VVNT
2399
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $7.94M | ﹤0.01% |
1,206,526
+49,000
| +4% | +$275K |
|
2400
Inovio Pharmaceuticals
INO
$57.3M
| $7.93M | ﹤0.01% |
383,335
+53,039
| +16% | +$1.36M |
|
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.