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 |
Microsoft
MSFT
|
+$784M |
| 2 |
Apple
AAPL
|
+$427M |
| 3 |
Danaher
DHR
|
+$417M |
| 4 |
Prologis
PLD
|
+$405M |
| 5 |
Amazon
AMZN
|
+$383M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$587M |
| 2 |
Eli Lilly
LLY
|
+$491M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$343M |
| 4 |
ABMD
Abiomed Inc
ABMD
|
+$252M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$239M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.94% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 13.92% |
| 4 | Consumer Discretionary | 9.78% |
| 5 | Industrials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Viking Therapeutics
VKTX
$4.02B
| $6.15M | ﹤0.01% |
654,306
+1,269
| +0.2% | +$5.67K |
|
2552
ACNB Corp
ACNB
$646M
| $6.15M | ﹤0.01% |
154,387
+6,009
| +4% | +$219K |
|
|
ALLK
2553
DELISTED
Allakos
ALLK
| $6.13M | ﹤0.01% |
728,312
+118,517
| +19% | +$823K |
|
2554
Southern First Bancshares
SFST
$594M
| $6.13M | ﹤0.01% |
133,915
+2,838
| +2% | +$129K |
|
2555
EVgo
EVGO
$224M
| $6.12M | ﹤0.01% |
1,368,598
+61,564
| +5% | +$398K |
|
2556
Cadre Holdings
CDRE
$1.4B
| $6.11M | ﹤0.01% |
303,340
+16,296
| +6% | +$420K |
|
2557
Douglas Elliman
DOUG
$166M
| $6.11M | ﹤0.01% |
1,576,192
-128,047
| -8% | -$511K |
|
2558
John Marshall Bancorp
JMSB
$324M
| $6.11M | ﹤0.01% |
212,294
+8,598
| +4% | +$240K |
|
2559
OneWater Marine
ONEW
$205M
| $6.11M | ﹤0.01% |
213,534
+9,544
| +5% | +$298K |
|
2560
Unisys
UIS
$211M
| $6.1M | ﹤0.01% |
1,193,897
+34,599
| +3% | +$217K |
|
2561
XP
XP
$8.37B
| $6.08M | ﹤0.01% |
396,451
+42,921
| +12% | +$751K |
|
2562
Tucows
TCX
$142M
| $6.08M | ﹤0.01% |
179,135
+6,159
| +4% | +$223K |
|
2563
GCM Grosvenor
GCMG
$834M
| $6.08M | ﹤0.01% |
798,314
+14,587
| +2% | +$119K |
|
|
ZEUS
2564
DELISTED
Olympic Steel
ZEUS
| $6.07M | ﹤0.01% |
180,866
+3,187
| +2% | +$95.7K |
|
2565
FuboTV Inc
FUBO
$276M
| $6.05M | ﹤0.01% |
289,964
+22,844
| +9% | +$837K |
|
2566
Atara Biotherapeutics
ATRA
$77.6M
| $6.05M | ﹤0.01% |
73,745
+2,892
| +4% | +$301K |
|
2567
IMAX
IMAX
$2.81B
| $6.03M | ﹤0.01% |
411,451
+21,558
| +6% | +$314K |
|
2568
Tiptree Inc
TIPT
$673M
| $6.03M | ﹤0.01% |
435,545
+17,550
| +4% | +$226K |
|
2569
Farmers & Merchants Bancorp
FMAO
$473M
| $6.01M | ﹤0.01% |
221,179
+15,240
| +7% | +$429K |
|
|
SPNS
2570
DELISTED
Sapiens International
SPNS
| $6.01M | ﹤0.01% |
325,048
+18,753
| +6% | +$353K |
|
2571
CarParts.com
PRTS
$51.2M
| $5.99M | ﹤0.01% |
95,702
+7,862
| +9% | +$412K |
|
2572
Turning Point Brands
TPB
$1.79B
| $5.98M | ﹤0.01% |
276,402
+3,429
| +1% | +$72.9K |
|
2573
Lufax Holding
LU
$1.44B
| $5.97M | ﹤0.01% |
772,931
-278,094
| -26% | -$2.12M |
|
|
ZYXI
2574
DELISTED
Zynex
ZYXI
| $5.97M | ﹤0.01% |
429,116
+4,002
| +0.9% | +$48.4K |
|
2575
Oppenheimer Holdings
OPY
$1.2B
| $5.95M | ﹤0.01% |
140,553
-8,076
| -5% | -$297K |
|
Similar funds
Geode Capital Management's Q4 2022 Portfolio in Review
As of Q4 2022, Geode Capital Management held 5,090 positions worth $713B, up 8.1% from $659B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.9%. Geode Capital Management opened 62 new positions and exited 188, leaving the 5,090-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q4 2022 buy was Ferguson: 1,854,192 shares worth $235M.
- Geode Capital Management added most to Microsoft in Q4 2022, an estimated $784M increase.
- Geode Capital Management's biggest Q4 2022 reduction was Eli Lilly, cutting an estimated $491M.
- Geode Capital Management fully exited Twitter, Inc. in Q4 2022, selling an estimated $587M.
- Geode Capital Management's ten largest holdings make up 20% of its $713B portfolio in Q4 2022.
- Geode Capital Management opened 62 new positions and closed 188 in Q4 2022.
- Geode Capital Management's portfolio value rose 8.1% quarter-over-quarter to $713B.
Based on Geode Capital Management's 13F filing for Q4 2022, filed 13 Feb 2023.