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 | |
|---|---|---|---|---|---|---|
|
GBIO
2851
DELISTED
Generation Bio
GBIO
| $3.41M | ﹤0.01% |
86,850
+1,357
| +2% | +$71.3K |
|
2852
Century Casinos
CNTY
$33.8M
| $3.4M | ﹤0.01% |
484,078
+10
| +0% | +$73 |
|
2853
Tower Semiconductor
TSEM
$28.5B
| $3.4M | ﹤0.01% |
78,720
-1,476
| -2% | -$64.1K |
|
2854
Pearson
PSO
$9.89B
| $3.4M | ﹤0.01% |
301,491
-26,401
| -8% | -$290K |
|
|
WEBR
2855
DELISTED
Weber Inc.
WEBR
| $3.38M | ﹤0.01% |
419,442
+15,960
| +4% | +$111K |
|
2856
BRC Inc
BRCC
$216M
| $3.37M | ﹤0.01% |
552,315
+32,717
| +6% | +$214K |
|
|
ENFN
2857
DELISTED
Enfusion, Inc.
ENFN
| $3.37M | ﹤0.01% |
348,730
+11,533
| +3% | +$130K |
|
|
RAD
2858
DELISTED
Rite Aid Corporation
RAD
| $3.37M | ﹤0.01% |
1,009,838
+44,341
| +5% | +$211K |
|
2859
Ardagh Metal Packaging
AMBP
$2.97B
| $3.36M | ﹤0.01% |
699,210
+65,052
| +10% | +$298K |
|
|
WHWK
2860
Whitehawk Therapeutics
WHWK
$259M
| $3.35M | ﹤0.01% |
261,086
+4,681
| +2% | +$61.1K |
|
2861
AXT Inc
AXTI
$4.83B
| $3.31M | ﹤0.01% |
755,941
+15,626
| +2% | +$76.2K |
|
2862
Radiant Logistics
RLGT
$390M
| $3.31M | ﹤0.01% |
650,057
-4,759
| -0.7% | -$26.7K |
|
2863
Dream Finders Homes
DFH
$1.25B
| $3.3M | ﹤0.01% |
381,630
+9,822
| +3% | +$98.4K |
|
|
IGMS
2864
DELISTED
IGM Biosciences
IGMS
| $3.29M | ﹤0.01% |
193,750
+10,735
| +6% | +$215K |
|
2865
Scholar Rock
SRRK
$6.32B
| $3.29M | ﹤0.01% |
363,236
+4,272
| +1% | +$34.3K |
|
2866
Stantec
STN
$8.35B
| $3.29M | ﹤0.01% |
65,038
+1,117
| +2% | +$53.9K |
|
|
DHC
2867
Diversified Healthcare Trust
DHC
$2.04B
| $3.27M | ﹤0.01% |
5,048,371
+128,904
| +3% | +$127K |
|
|
AY
2868
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.25M | ﹤0.01% |
125,429
+4,200
| +3% | +$113K |
|
2869
Aldeyra Therapeutics
ALDX
$91.1M
| $3.25M | ﹤0.01% |
466,577
-2,852
| -0.6% | -$16.3K |
|
2870
Xeris Biopharma Holdings
XERS
$1.46B
| $3.23M | ﹤0.01% |
2,432,711
+79,689
| +3% | +$112K |
|
2871
Vale
VALE
$63.4B
| $3.23M | ﹤0.01% |
190,352
-454,140
| -70% | -$6.83M |
|
2872
Ceco Environmental
CECO
$4.11B
| $3.23M | ﹤0.01% |
276,319
-1,806
| -0.6% | -$20.4K |
|
2873
908 Devices
MASS
$361M
| $3.21M | ﹤0.01% |
422,045
+13,266
| +3% | +$161K |
|
|
PARAA
2874
DELISTED
Paramount Global Class A
PARAA
| $3.21M | ﹤0.01% |
163,806
+18,619
| +13% | +$394K |
|
2875
Freedom Holding
FRHC
$9.55B
| $3.18M | ﹤0.01% |
54,617
+4,982
| +10% | +$286K |
|
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.