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 | |
|---|---|---|---|---|---|---|
2951
Atomera
ATOM
$210M
| $2.55M | ﹤0.01% |
410,026
+28,756
| +8% | +$236K |
|
|
CRGE
2952
DELISTED
Charge Enterprises, Inc. Common Stock
CRGE
| $2.55M | ﹤0.01% |
2,054,368
-23,926
| -1% | -$46.6K |
|
|
RENT
2953
Rent the Runway
RENT
$122M
| $2.52M | ﹤0.01% |
41,280
+1,820
| +5% | +$73.9K |
|
2954
Timberland Bancorp
TSBK
$350M
| $2.5M | ﹤0.01% |
73,295
+1,786
| +2% | +$57.3K |
|
2955
First Guaranty Bancshares
FGBI
$139M
| $2.49M | ﹤0.01% |
106,284
+490
| +0.5% | +$11.4K |
|
2956
FS Bancorp
FSBW
$316M
| $2.48M | ﹤0.01% |
74,294
-173
| -0.2% | -$5.41K |
|
|
ATCX
2957
DELISTED
Atlas Technical Consultants, Inc. Class A Common Stock
ATCX
| $2.48M | ﹤0.01% |
481,862
+54,857
| +13% | +$342K |
|
|
VXRT
2958
DELISTED
Vaxart
VXRT
| $2.48M | ﹤0.01% |
2,579,524
+315,928
| +14% | +$447K |
|
|
AEVA
2959
Aeva Technologies
AEVA
$1.65B
| $2.48M | ﹤0.01% |
364,099
-6,053
| -2% | -$53K |
|
2960
Weyco Group
WEYS
$441M
| $2.47M | ﹤0.01% |
116,770
+7,003
| +6% | +$168K |
|
2961
Actinium Pharmaceuticals
ATNM
$24.2M
| $2.47M | ﹤0.01% |
231,686
+17,520
| +8% | +$178K |
|
2962
Atlanticus Holdings
ATLC
$1.45B
| $2.46M | ﹤0.01% |
94,080
-13,475
| -13% | -$360K |
|
2963
Entrada Therapeutics
TRDA
$271M
| $2.46M | ﹤0.01% |
181,957
+14,839
| +9% | +$260K |
|
|
GRTS
2964
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $2.46M | ﹤0.01% |
711,968
+107,118
| +18% | +$306K |
|
|
CNCE
2965
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.44M | ﹤0.01% |
417,858
+9,369
| +2% | +$49.3K |
|
|
NXDR
2966
Nextdoor Holdings
NXDR
$1.04B
| $2.43M | ﹤0.01% |
1,181,356
+32,738
| +3% | +$76.6K |
|
|
TEAD
2967
Teads Holding Co
TEAD
$64.5M
| $2.42M | ﹤0.01% |
669,620
-983
| -0.1% | -$3.85K |
|
2968
USCB Financial Holdings
USCB
$408M
| $2.42M | ﹤0.01% |
198,548
+10,668
| +6% | +$141K |
|
|
TIG
2969
DELISTED
Trean Insurance Group, Inc. Common Stock
TIG
| $2.41M | ﹤0.01% |
401,353
+36,850
| +10% | +$128K |
|
|
VCSA
2970
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $2.4M | ﹤0.01% |
95,065
+5,874
| +7% | +$274K |
|
2971
Hallador Energy
HNRG
$748M
| $2.37M | ﹤0.01% |
237,595
+4,673
| +2% | +$38.5K |
|
2972
Velocity Financial
VEL
$723M
| $2.37M | ﹤0.01% |
245,976
+167
| +0.1% | +$1.67K |
|
|
NREF
2973
NexPoint Real Estate Finance
NREF
$322M
| $2.37M | ﹤0.01% |
148,939
+2,038
| +1% | +$35.1K |
|
2974
Foghorn Therapeutics
FHTX
$371M
| $2.36M | ﹤0.01% |
370,249
+1,622
| +0.4% | +$12.2K |
|
2975
The RealReal
REAL
$1.45B
| $2.36M | ﹤0.01% |
1,887,457
+407,301
| +28% | +$586K |
|
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.