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 | |
|---|---|---|---|---|---|---|
|
LL
2901
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.98M | ﹤0.01% |
530,163
+3,073
| +0.6% | +$21.5K |
|
2902
Teekay
TK
$973M
| $2.96M | ﹤0.01% |
651,177
+21,815
| +3% | +$90.7K |
|
2903
Global Water Resources
GWRS
$212M
| $2.95M | ﹤0.01% |
222,485
+8,118
| +4% | +$102K |
|
2904
Outdoor Holding Co
POWW
$297M
| $2.95M | ﹤0.01% |
1,705,191
+51,544
| +3% | +$130K |
|
2905
Information Services Group
III
$251M
| $2.95M | ﹤0.01% |
640,823
+4,502
| +0.7% | +$22.8K |
|
2906
ESS Tech
GWH
$17.1M
| $2.95M | ﹤0.01% |
80,827
+2,898
| +4% | +$149K |
|
|
AKYA
2907
DELISTED
Akoya BioSciences
AKYA
| $2.94M | ﹤0.01% |
307,135
+6,235
| +2% | +$76.7K |
|
2908
Bilibili
BILI
$7.95B
| $2.94M | ﹤0.01% |
124,033
-45,776
| -27% | -$728K |
|
2909
Porch Group
PRCH
$1.75B
| $2.94M | ﹤0.01% |
1,563,282
+136,741
| +10% | +$241K |
|
|
LBC
2910
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $2.93M | ﹤0.01% |
264,142
+458
| +0.2% | +$5.38K |
|
|
CMRX
2911
DELISTED
Chimerix, Inc.
CMRX
| $2.92M | ﹤0.01% |
1,573,052
+25,055
| +2% | +$49K |
|
2912
InnovAge Holding
INNV
$1.48B
| $2.92M | ﹤0.01% |
406,927
+4,361
| +1% | +$28K |
|
|
AKTS
2913
DELISTED
Akoustis Technologies Inc
AKTS
| $2.92M | ﹤0.01% |
1,034,995
+18,993
| +2% | +$59.7K |
|
|
CELL
2914
DELISTED
PhenomeX Inc. Common Stock
CELL
| $2.91M | ﹤0.01% |
1,086,585
+88,596
| +9% | +$234K |
|
2915
Oportun Financial
OPRT
$356M
| $2.91M | ﹤0.01% |
527,800
+20,988
| +4% | +$110K |
|
2916
BioAtla
BCAB
$5.76M
| $2.91M | ﹤0.01% |
7,046
+1,623
| +30% | +$673K |
|
|
AHT
2917
Ashford Hospitality Trust
AHT
$20.7M
| $2.88M | ﹤0.01% |
64,430
+2,670
| +4% | +$172K |
|
2918
Precigen
PGEN
$2.51B
| $2.88M | ﹤0.01% |
1,891,714
+22,342
| +1% | +$38.4K |
|
|
DNMR
2919
DELISTED
Danimer Scientific, Inc.
DNMR
| $2.87M | ﹤0.01% |
40,122
+1,313
| +3% | +$124K |
|
|
RSVR
2920
Reservoir Media
RSVR
$656M
| $2.87M | ﹤0.01% |
480,540
+4,173
| +0.9% | +$23.8K |
|
|
VLDR
2921
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
| $2.86M | ﹤0.01% |
3,877,744
+517,939
| +15% | +$489K |
|
2922
Concrete Pumping Holdings
BBCP
$473M
| $2.85M | ﹤0.01% |
486,751
+9,243
| +2% | +$61.4K |
|
2923
Tilray
TLRY
$602M
| $2.83M | ﹤0.01% |
93,522
+8,692
| +10% | +$304K |
|
2924
ARS Pharmaceuticals
SPRY
$587M
| $2.83M | ﹤0.01% |
332,196
+107,812
| +48% | +$700K |
|
2925
Identive
INVE
$61.2M
| $2.83M | ﹤0.01% |
390,958
+4,974
| +1% | +$48.2K |
|
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.