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 | |
|---|---|---|---|---|---|---|
|
BLFY
2576
DELISTED
Blue Foundry Bancorp
BLFY
| $5.94M | ﹤0.01% |
462,149
-2,790
| -0.6% | -$34.5K |
|
2577
Comtech Telecommunications
CMTL
$51.5M
| $5.93M | ﹤0.01% |
488,225
+11,224
| +2% | +$127K |
|
2578
SIGA Technologies
SIGA
$210M
| $5.91M | ﹤0.01% |
802,711
+20,352
| +3% | +$178K |
|
2579
Five Star Bancorp
FSBC
$1.13B
| $5.9M | ﹤0.01% |
216,528
+9,566
| +5% | +$268K |
|
2580
Covenant Logistics
CVLG
$843M
| $5.89M | ﹤0.01% |
341,040
-17,532
| -5% | -$314K |
|
2581
Build-A-Bear
BBW
$467M
| $5.88M | ﹤0.01% |
246,765
+8,034
| +3% | +$155K |
|
2582
Cullinan Oncology
CGEM
$1.18B
| $5.88M | ﹤0.01% |
557,108
+15,588
| +3% | +$189K |
|
|
EGRX
2583
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.85M | ﹤0.01% |
200,305
+3,708
| +2% | +$118K |
|
|
LOVE
2584
LoveSac
LOVE
$253M
| $5.85M | ﹤0.01% |
265,747
+6,363
| +2% | +$142K |
|
|
USER
2585
DELISTED
UserTesting, Inc.
USER
| $5.84M | ﹤0.01% |
777,406
+14,335
| +2% | +$91.7K |
|
2586
MiMedx Group
MDXG
$622M
| $5.84M | ﹤0.01% |
2,099,637
+45,626
| +2% | +$136K |
|
2587
Veru
VERU
$44.5M
| $5.83M | ﹤0.01% |
110,413
+2,728
| +3% | +$225K |
|
2588
Elbit Systems
ESLT
$39.6B
| $5.83M | ﹤0.01% |
35,534
+150
| +0.4% | +$28.1K |
|
2589
PLAYSTUDIOS Inc
MYPS
$86.3M
| $5.8M | ﹤0.01% |
1,496,192
+59,190
| +4% | +$237K |
|
2590
Tecnoglass Holdings Inc.
TGLS
$1.84B
| $5.8M | ﹤0.01% |
188,585
+4,909
| +3% | +$127K |
|
|
LICY
2591
DELISTED
Li-Cycle Holdings Corp.
LICY
| $5.78M | ﹤0.01% |
151,738
+7,817
| +5% | +$351K |
|
|
TPC
2592
Tutor Perini Cor
TPC
$5.18B
| $5.75M | ﹤0.01% |
761,291
+20,994
| +3% | +$149K |
|
|
SEI
2593
Solaris Energy Infrastructure
SEI
$3.86B
| $5.74M | ﹤0.01% |
577,562
+47,398
| +9% | +$519K |
|
2594
Solid Power
SLDP
$536M
| $5.73M | ﹤0.01% |
2,255,244
+72,898
| +3% | +$312K |
|
|
QUOT
2595
DELISTED
Quotient Technology Inc
QUOT
| $5.72M | ﹤0.01% |
1,668,496
+91,862
| +6% | +$260K |
|
2596
Forestar Group
FOR
$1.46B
| $5.72M | ﹤0.01% |
370,934
+673
| +0.2% | +$8.91K |
|
2597
South Plains Financial
SPFI
$838M
| $5.71M | ﹤0.01% |
207,476
-4,008
| -2% | -$119K |
|
2598
Sight Sciences
SGHT
$424M
| $5.71M | ﹤0.01% |
467,274
+9,588
| +2% | +$91.2K |
|
2599
Manitowoc
MTW
$678M
| $5.7M | ﹤0.01% |
622,778
+6,445
| +1% | +$58.8K |
|
2600
United States Lime & Minerals
USLM
$3.45B
| $5.68M | ﹤0.01% |
201,730
+415
| +0.2% | +$10.7K |
|
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.