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 | |
|---|---|---|---|---|---|---|
2626
RBB Bancorp
RBB
$450M
| $5.32M | ﹤0.01% |
255,035
+8,061
| +3% | +$175K |
|
|
DSKE
2627
DELISTED
Daseke, Inc. Common Stock
DSKE
| $5.31M | ﹤0.01% |
933,936
+21,499
| +2% | +$127K |
|
2628
OptimizeRx
OPRX
$129M
| $5.3M | ﹤0.01% |
315,560
-15,548
| -5% | -$269K |
|
|
GNTY
2629
DELISTED
Guaranty Bancshares
GNTY
| $5.29M | ﹤0.01% |
152,877
+1,650
| +1% | +$58.5K |
|
|
MLNK
2630
DELISTED
MeridianLink
MLNK
| $5.29M | ﹤0.01% |
384,927
+14,801
| +4% | +$228K |
|
2631
Alta Equipment Group
ALTG
$237M
| $5.28M | ﹤0.01% |
400,648
+22,378
| +6% | +$269K |
|
2632
Erasca
ERAS
$6.29B
| $5.28M | ﹤0.01% |
1,226,021
+77,025
| +7% | +$522K |
|
2633
EverQuote
EVER
$900M
| $5.28M | ﹤0.01% |
358,397
-6,296
| -2% | -$59.1K |
|
2634
Universal Insurance Holdings
UVE
$1.21B
| $5.28M | ﹤0.01% |
498,862
+13,300
| +3% | +$135K |
|
2635
SmartRent
SMRT
$261M
| $5.28M | ﹤0.01% |
2,172,859
+101,279
| +5% | +$250K |
|
2636
Adicet Bio
ACET
$75.9M
| $5.28M | ﹤0.01% |
36,885
+3,229
| +10% | +$806K |
|
|
TDAY
2637
USA Today Co
TDAY
$1.05B
| $5.26M | ﹤0.01% |
2,592,790
+118,792
| +5% | +$228K |
|
2638
Vertex
VERX
$1.97B
| $5.26M | ﹤0.01% |
362,393
+26,843
| +8% | +$429K |
|
2639
Microvast
MVST
$291M
| $5.24M | ﹤0.01% |
3,422,376
-26,024
| -0.8% | -$53K |
|
|
JBIO
2640
Jade Biosciences
JBIO
$1.32B
| $5.23M | ﹤0.01% |
5,103
+257
| +5% | +$187K |
|
2641
Northeast Bank
NBN
$1.14B
| $5.22M | ﹤0.01% |
123,934
+881
| +0.7% | +$37K |
|
2642
BCB Bancorp
BCBP
$155M
| $5.22M | ﹤0.01% |
289,992
+5,153
| +2% | +$96.5K |
|
2643
Evolus
EOLS
$500M
| $5.21M | ﹤0.01% |
693,978
+52,551
| +8% | +$407K |
|
2644
Zegna
ZGN
$3.97B
| $5.21M | ﹤0.01% |
497,510
+112,198
| +29% | +$1.21M |
|
2645
Phibro Animal Health
PAHC
$1.39B
| $5.2M | ﹤0.01% |
388,042
+6,370
| +2% | +$85.4K |
|
|
PSTL
2646
Postal Realty Trust
PSTL
$680M
| $5.2M | ﹤0.01% |
358,128
+1,943
| +0.5% | +$29.6K |
|
2647
BrightView Holdings
BV
$1.05B
| $5.2M | ﹤0.01% |
754,096
+12,554
| +2% | +$96.9K |
|
2648
Sierra Bancorp
BSRR
$516M
| $5.19M | ﹤0.01% |
244,497
+1,489
| +0.6% | +$31.9K |
|
2649
Oscar Health
OSCR
$8.54B
| $5.19M | ﹤0.01% |
2,109,804
+121,060
| +6% | +$378K |
|
|
HT
2650
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $5.18M | ﹤0.01% |
607,850
+19,959
| +3% | +$179K |
|
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.