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 | |
|---|---|---|---|---|---|---|
|
IEA
2401
DELISTED
Infrastructure and Energy Alternatives, Inc. Common Stock
IEA
| $7.92M | ﹤0.01% |
585,279
+58,870
| +11% | +$764K |
|
|
LUCK
2402
Lucky Strike Entertainment
LUCK
$919M
| $7.91M | ﹤0.01% |
642,797
-61,358
| -9% | -$732K |
|
2403
Equity Bancshares
EQBK
$1.05B
| $7.91M | ﹤0.01% |
266,962
-3,277
| -1% | -$101K |
|
2404
Atea Pharmaceuticals
AVIR
$369M
| $7.9M | ﹤0.01% |
1,389,203
+227,779
| +20% | +$1.74M |
|
2405
Nkarta
NKTX
$154M
| $7.9M | ﹤0.01% |
600,029
+59,030
| +11% | +$844K |
|
|
BIG
2406
DELISTED
Big Lots, Inc.
BIG
| $7.88M | ﹤0.01% |
504,489
+6,046
| +1% | +$130K |
|
|
PLYA
2407
DELISTED
Playa Hotels & Resorts
PLYA
| $7.86M | ﹤0.01% |
1,350,105
-20,381
| -1% | -$135K |
|
2408
Stoneridge
SRI
$210M
| $7.86M | ﹤0.01% |
463,513
-645
| -0.1% | -$12.1K |
|
|
WE
2409
DELISTED
WeWork Inc.
WE
| $7.86M | ﹤0.01% |
74,121
+4,158
| +6% | +$748K |
|
2410
Arrow Financial
AROW
$667M
| $7.85M | ﹤0.01% |
280,528
+3,545
| +1% | +$110K |
|
2411
FLEX LNG
FLNG
$1.67B
| $7.84M | ﹤0.01% |
247,616
+7,642
| +3% | +$242K |
|
2412
Business First Bancshares
BFST
$1.04B
| $7.84M | ﹤0.01% |
363,977
+2,396
| +0.7% | +$54.7K |
|
2413
REX American Resources
REX
$1.42B
| $7.83M | ﹤0.01% |
561,296
-76
| -0% | -$1.15K |
|
2414
Forrester Research
FORR
$221M
| $7.82M | ﹤0.01% |
217,045
+5,905
| +3% | +$254K |
|
|
PTVE
2415
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $7.81M | ﹤0.01% |
894,596
-8,221
| -0.9% | -$85.3K |
|
2416
Accel Entertainment
ACEL
$979M
| $7.8M | ﹤0.01% |
999,203
+44,723
| +5% | +$455K |
|
|
TPIC
2417
DELISTED
TPI Composites
TPIC
| $7.8M | ﹤0.01% |
691,823
+31,733
| +5% | +$502K |
|
2418
i3 Verticals
IIIV
$418M
| $7.8M | ﹤0.01% |
389,559
+6,907
| +2% | +$168K |
|
2419
Polestar Automotive Holding UK
PSNY
$2.11B
| $7.78M | ﹤0.01% |
51,253
+1,165
| +2% | +$293K |
|
2420
Ducommun
DCO
$2.76B
| $7.78M | ﹤0.01% |
196,127
+4,659
| +2% | +$207K |
|
2421
MBIA
MBI
$266M
| $7.75M | ﹤0.01% |
842,775
-1,907
| -0.2% | -$22.6K |
|
2422
Liquidity Services
LQDT
$1.23B
| $7.75M | ﹤0.01% |
476,725
+3,000
| +0.6% | +$52.8K |
|
2423
ATN International
ATNI
$379M
| $7.74M | ﹤0.01% |
200,625
+9,617
| +5% | +$436K |
|
2424
BlackBerry
BB
$4.99B
| $7.72M | ﹤0.01% |
1,644,501
+130,425
| +9% | +$780K |
|
2425
Koppers
KOP
$976M
| $7.71M | ﹤0.01% |
370,960
+4,221
| +1% | +$97.2K |
|
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.