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 | |
|---|---|---|---|---|---|---|
2651
Miller Industries
MLR
$606M
| $5.17M | ﹤0.01% |
194,071
+2,231
| +1% | +$57.2K |
|
|
CNSL
2652
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $5.17M | ﹤0.01% |
1,444,319
+37,536
| +3% | +$167K |
|
|
CINC
2653
DELISTED
CinCor Pharma, Inc. Common Stock
CINC
| $5.17M | ﹤0.01% |
420,310
+65,177
| +18% | +$1.55M |
|
|
NUTX
2654
Nutex Health
NUTX
$1.35B
| $5.13M | ﹤0.01% |
18,012
+12,889
| +252% | +$2.48M |
|
|
BVH
2655
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $5.13M | ﹤0.01% |
205,591
+2,107
| +1% | +$43.4K |
|
|
LOGC
2656
DELISTED
ContextLogic
LOGC
| $5.1M | ﹤0.01% |
348,891
+12,259
| +4% | +$252K |
|
2657
First Bancorp
FNLC
$393M
| $5.1M | ﹤0.01% |
170,351
+878
| +0.5% | +$26.3K |
|
|
MCBC
2658
DELISTED
Macatawa Bank Corp
MCBC
| $5.09M | ﹤0.01% |
461,999
+23,734
| +5% | +$252K |
|
|
SFIX
2659
Stitch Fix
SFIX
$530M
| $5.08M | ﹤0.01% |
1,633,400
+252,784
| +18% | +$945K |
|
2660
Entravision Communication
EVC
$1.08B
| $5.07M | ﹤0.01% |
1,055,722
+36,287
| +4% | +$178K |
|
2661
Universal Logistics Holdings
ULH
$498M
| $5.05M | ﹤0.01% |
150,957
-2,145
| -1% | -$75.1K |
|
2662
Daily Journal
DJCO
$773M
| $5.04M | ﹤0.01% |
20,107
+1,082
| +6% | +$293K |
|
2663
F&G Annuities & Life
FG
$3.55B
| $5.03M | ﹤0.01% |
+251,215
| New | +$5.12M |
|
2664
1-800-Flowers.com
FLWS
$255M
| $5.01M | ﹤0.01% |
524,407
+11,501
| +2% | +$91.4K |
|
2665
First Business Financial Services
FBIZ
$589M
| $5.01M | ﹤0.01% |
137,123
+9,483
| +7% | +$349K |
|
2666
Tarsus Pharmaceuticals
TARS
$2.97B
| $5M | ﹤0.01% |
341,191
+11,710
| +4% | +$194K |
|
2667
EverCommerce
EVCM
$1.81B
| $5M | ﹤0.01% |
671,515
+38,581
| +6% | +$295K |
|
2668
Greif Class B
GEF.B
$4.15B
| $5M | ﹤0.01% |
63,857
+27
| +0% | +$1.97K |
|
2669
Telos
TLS
$302M
| $4.98M | ﹤0.01% |
978,245
+22,765
| +2% | +$151K |
|
2670
Lindblad Expeditions
LIND
$2.16B
| $4.98M | ﹤0.01% |
646,422
+36,323
| +6% | +$307K |
|
2671
Vera Therapeutics
VERA
$2.27B
| $4.97M | ﹤0.01% |
257,066
+17,266
| +7% | +$313K |
|
2672
Arbutus Biopharma
ABUS
$907M
| $4.96M | ﹤0.01% |
2,131,268
+121,428
| +6% | +$290K |
|
|
CBAY
2673
DELISTED
Cymabay Therapeutics
CBAY
| $4.95M | ﹤0.01% |
789,914
+4,949
| +0.6% | +$18.8K |
|
2674
Astronics
ATRO
$3.72B
| $4.92M | ﹤0.01% |
573,511
+20,017
| +4% | +$148K |
|
2675
Ardelyx
ARDX
$997M
| $4.92M | ﹤0.01% |
1,726,937
+288,670
| +20% | +$489K |
|
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.