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 | |
|---|---|---|---|---|---|---|
|
NXDT
2826
NexPoint Diversified Real Estate Trust
NXDT
$245M
| $3.65M | ﹤0.01% |
+325,389
| New | +$4.12M |
|
2827
Amneal Pharmaceuticals
AMRX
$5.71B
| $3.64M | ﹤0.01% |
1,830,098
+46,940
| +3% | +$105K |
|
|
BRDG
2828
DELISTED
Bridge Investment Group
BRDG
| $3.63M | ﹤0.01% |
301,205
+3,766
| +1% | +$54.2K |
|
|
BGFV
2829
DELISTED
Big 5 Sporting Goods
BGFV
| $3.63M | ﹤0.01% |
410,889
+19,136
| +5% | +$220K |
|
2830
Kodak
KODK
$978M
| $3.61M | ﹤0.01% |
1,184,628
+57,692
| +5% | +$254K |
|
2831
Cardlytics
CDLX
$22.4M
| $3.61M | ﹤0.01% |
62,466
+2,676
| +4% | +$165K |
|
|
SCU
2832
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $3.61M | ﹤0.01% |
416,692
+11,203
| +3% | +$107K |
|
2833
Cricut
CRCT
$1.24B
| $3.6M | ﹤0.01% |
388,983
-996
| -0.3% | -$9.2K |
|
2834
Harrow
HROW
$1.52B
| $3.6M | ﹤0.01% |
244,079
+11,743
| +5% | +$140K |
|
|
ALPN
2835
DELISTED
Alpine Immune Sciences Inc
ALPN
| $3.57M | ﹤0.01% |
485,750
+234,246
| +93% | +$1.5M |
|
2836
Paysafe
PSFE
$366M
| $3.56M | ﹤0.01% |
256,130
+13,396
| +6% | +$216K |
|
|
SRTA
2837
Strata Critical Medical Inc
SRTA
$525M
| $3.54M | ﹤0.01% |
990,373
+29,902
| +3% | +$128K |
|
2838
Banco Bradesco
BBD
$36.3B
| $3.53M | ﹤0.01% |
1,224,659
-231,934
| -16% | -$751K |
|
|
BBBY
2839
DELISTED
Bed Bath & Beyond Inc
BBBY
| $3.52M | ﹤0.01% |
1,402,581
+52,528
| +4% | +$206K |
|
2840
Blue Ridge Bankshares
BRBS
$334M
| $3.52M | ﹤0.01% |
281,682
+260
| +0.1% | +$3.37K |
|
2841
Distribution Solutions Group
DSGR
$1.61B
| $3.5M | ﹤0.01% |
190,210
+3,388
| +2% | +$56.9K |
|
2842
Rackspace Technology
RXT
$1.2B
| $3.5M | ﹤0.01% |
1,187,917
-7,964
| -0.7% | -$33.6K |
|
|
PAMT
2843
PAMT Corp
PAMT
$287M
| $3.47M | ﹤0.01% |
134,016
+753
| +0.6% | +$21.5K |
|
2844
Parke Bancorp
PKBK
$403M
| $3.47M | ﹤0.01% |
167,157
+1,395
| +0.8% | +$29.5K |
|
2845
Colony Bankcorp
CBAN
$465M
| $3.46M | ﹤0.01% |
272,466
+1,532
| +0.6% | +$20.7K |
|
2846
Groupon
GRPN
$933M
| $3.45M | ﹤0.01% |
402,569
+357
| +0.1% | +$2.76K |
|
2847
GoodRx Holdings
GDRX
$1.25B
| $3.44M | ﹤0.01% |
739,278
+51,080
| +7% | +$252K |
|
2848
Nano X Imaging
NNOX
$73.8M
| $3.44M | ﹤0.01% |
466,270
+19,466
| +4% | +$216K |
|
2849
Blue Bird Corp
BLBD
$2.07B
| $3.44M | ﹤0.01% |
321,169
+6,517
| +2% | +$65.5K |
|
2850
Methanex
MEOH
$4.27B
| $3.43M | ﹤0.01% |
90,668
-3,134
| -3% | -$115K |
|
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.