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 | |
|---|---|---|---|---|---|---|
2976
Traeger
COOK
$172M
| $2.36M | ﹤0.01% |
16,723
+671
| +4% | +$112K |
|
2977
dLocal
DLO
$4.23B
| $2.34M | ﹤0.01% |
150,080
+15,252
| +11% | +$268K |
|
|
KVSC
2978
DELISTED
Khosla Ventures Acquisition Co. III Class A Common Stock
KVSC
| $2.33M | ﹤0.01% |
234,340
-167,299
| -42% | -$1.66M |
|
2979
NextNav
NN
$2.11B
| $2.33M | ﹤0.01% |
795,546
+5,791
| +0.7% | +$17.8K |
|
2980
Weave Communications
WEAV
$426M
| $2.32M | ﹤0.01% |
507,018
+14,370
| +3% | +$70.6K |
|
2981
Canadian Solar
CSIQ
$1.06B
| $2.32M | ﹤0.01% |
75,065
+3,918
| +6% | +$132K |
|
2982
Quad
QUAD
$507M
| $2.31M | ﹤0.01% |
566,600
+2,112
| +0.4% | +$6.72K |
|
2983
Aemetis
AMTX
$120M
| $2.31M | ﹤0.01% |
583,504
+29,407
| +5% | +$167K |
|
2984
AST SpaceMobile
ASTS
$20.5B
| $2.31M | ﹤0.01% |
478,584
+53,544
| +13% | +$323K |
|
|
MAGN
2985
Magnera Corp
MAGN
$466M
| $2.3M | ﹤0.01% |
63,700
+1,392
| +2% | +$56.8K |
|
2986
Nerdy
NRDY
$93.5M
| $2.3M | ﹤0.01% |
1,022,308
+43,587
| +4% | +$94.6K |
|
2987
National Bankshares
NKSH
$257M
| $2.3M | ﹤0.01% |
57,010
+1,038
| +2% | +$39K |
|
|
BLDP
2988
Ballard Power Systems
BLDP
$769M
| $2.29M | ﹤0.01% |
478,264
+630
| +0.1% | +$3.58K |
|
2989
eHealth
EHTH
$40.4M
| $2.27M | ﹤0.01% |
469,519
+21,441
| +5% | +$79.9K |
|
2990
CS Disco
LAW
$271M
| $2.27M | ﹤0.01% |
358,827
+16,371
| +5% | +$140K |
|
2991
Hagerty
HGTY
$1.34B
| $2.26M | ﹤0.01% |
268,463
+1,587
| +0.6% | +$13.8K |
|
2992
Norwood Financial Corp
NWFL
$366M
| $2.25M | ﹤0.01% |
67,199
+173
| +0.3% | +$5.23K |
|
|
CTV
2993
DELISTED
Innovid Corp.
CTV
| $2.24M | ﹤0.01% |
1,309,118
+50,574
| +4% | +$137K |
|
2994
Richardson Electronics
RELL
$292M
| $2.23M | ﹤0.01% |
104,763
+12,018
| +13% | +$272K |
|
2995
Outlook Therapeutics
OTLK
$215M
| $2.23M | ﹤0.01% |
103,110
-75
| -0.1% | -$1.63K |
|
|
VWE
2996
DELISTED
Vintage Wine Estates, Inc. Common Stock
VWE
| $2.21M | ﹤0.01% |
676,485
+93,119
| +16% | +$285K |
|
2997
Immersion
IMMR
$257M
| $2.2M | ﹤0.01% |
312,385
+11,266
| +4% | +$72.5K |
|
2998
Alliance Resource Partners
ARLP
$3.19B
| $2.19M | ﹤0.01% |
108,022
+600
| +0.6% | +$13.6K |
|
2999
Silicon Motion
SIMO
$7.82B
| $2.19M | ﹤0.01% |
33,779
+151
| +0.4% | +$9.26K |
|
3000
Stratus Properties
STRS
$154M
| $2.19M | ﹤0.01% |
113,504
+1,186
| +1% | +$28.5K |
|
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.