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 | |
|---|---|---|---|---|---|---|
2726
Orrstown Financial Services
ORRF
$836M
| $4.45M | ﹤0.01% |
192,038
+1,139
| +0.6% | +$29.1K |
|
2727
American Public Education
APEI
$869M
| $4.43M | ﹤0.01% |
360,532
+18,226
| +5% | +$226K |
|
2728
Ribbon Communications
RBBN
$367M
| $4.4M | ﹤0.01% |
1,576,207
+159,309
| +11% | +$413K |
|
2729
GrowGeneration
GRWG
$85.9M
| $4.39M | ﹤0.01% |
1,120,969
+75,319
| +7% | +$359K |
|
|
CMAX
2730
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $4.39M | ﹤0.01% |
40,098
+1,048
| +3% | +$157K |
|
2731
Clarus
CLAR
$145M
| $4.39M | ﹤0.01% |
559,521
+43,584
| +8% | +$425K |
|
2732
Ranpak Holdings
PACK
$446M
| $4.38M | ﹤0.01% |
758,927
+20,728
| +3% | +$99.1K |
|
|
ETNB
2733
DELISTED
89bio
ETNB
| $4.38M | ﹤0.01% |
343,856
+102,148
| +42% | +$919K |
|
2734
Stoke Therapeutics
STOK
$2.08B
| $4.38M | ﹤0.01% |
474,224
+13,969
| +3% | +$145K |
|
2735
Kodiak Sciences
KOD
$2.72B
| $4.38M | ﹤0.01% |
611,127
+26,270
| +4% | +$189K |
|
2736
First Internet Bancorp
INBK
$256M
| $4.37M | ﹤0.01% |
179,930
+3,463
| +2% | +$91.5K |
|
2737
Costamare
CMRE
$1.74B
| $4.36M | ﹤0.01% |
470,199
+8,823
| +2% | +$82.8K |
|
2738
Primis Financial Corp
FRST
$402M
| $4.36M | ﹤0.01% |
368,119
+3,008
| +0.8% | +$37K |
|
2739
Prime Medicine
PRME
$571M
| $4.35M | ﹤0.01% |
+234,295
| New | +$4.23M |
|
2740
InMode
INMD
$873M
| $4.35M | ﹤0.01% |
121,868
+268
| +0.2% | +$9.32K |
|
2741
Smartbird Inc
BIRD
$22.7M
| $4.31M | ﹤0.01% |
88,984
+1,887
| +2% | +$111K |
|
2742
monday.com
MNDY
$3.75B
| $4.3M | ﹤0.01% |
35,251
-470
| -1% | -$48.9K |
|
2743
Garrett Motion
GTX
$5.41B
| $4.29M | ﹤0.01% |
563,179
+10,488
| +2% | +$73.7K |
|
2744
Monte Rosa Therapeutics
GLUE
$1.35B
| $4.29M | ﹤0.01% |
563,347
+33,235
| +6% | +$277K |
|
2745
BayCom
BCML
$332M
| $4.28M | ﹤0.01% |
225,547
+217
| +0.1% | +$4.08K |
|
|
HRT
2746
DELISTED
HireRight Holdings Corporation
HRT
| $4.28M | ﹤0.01% |
360,650
+7,603
| +2% | +$94.5K |
|
2747
Citi Trends
CTRN
$618M
| $4.27M | ﹤0.01% |
161,432
+1,930
| +1% | +$45.4K |
|
2748
Regional Management Corp
RM
$291M
| $4.26M | ﹤0.01% |
151,855
+1,232
| +0.8% | +$36.3K |
|
2749
Motorcar Parts of America
MPAA
$235M
| $4.26M | ﹤0.01% |
359,261
+16,423
| +5% | +$239K |
|
2750
Preformed Line Products
PLPC
$2.26B
| $4.25M | ﹤0.01% |
51,041
+961
| +2% | +$79.3K |
|
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.