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 | |
|---|---|---|---|---|---|---|
3001
Lands' End
LE
$402M
| $2.18M | ﹤0.01% |
287,448
+10,911
| +4% | +$99.9K |
|
3002
Xenon Pharmaceuticals
XENE
$6.21B
| $2.18M | ﹤0.01% |
55,285
-6,538
| -11% | -$238K |
|
3003
Arena Group
AREN
$105M
| $2.17M | ﹤0.01% |
204,701
+3,337
| +2% | +$43.3K |
|
3004
B2Gold
BTG
$6.68B
| $2.17M | ﹤0.01% |
610,168
+43
| +0% | +$143 |
|
3005
IBEX
IBEX
$496M
| $2.15M | ﹤0.01% |
86,415
+28,987
| +50% | +$654K |
|
|
FRBK
3006
DELISTED
Republic First Bancorp Inc
FRBK
| $2.14M | ﹤0.01% |
997,447
+93,048
| +10% | +$247K |
|
3007
Investar Holding Corp
ISTR
$411M
| $2.14M | ﹤0.01% |
99,578
+368
| +0.4% | +$7.89K |
|
3008
Cabaletta Bio
CABA
$457M
| $2.14M | ﹤0.01% |
231,265
+101,785
| +79% | +$371K |
|
3009
Pioneer Bancorp
PBFS
$429M
| $2.13M | ﹤0.01% |
186,922
+1,573
| +0.8% | +$17.1K |
|
|
TGAN
3010
DELISTED
Transphorm, Inc. Common Stock
TGAN
| $2.12M | ﹤0.01% |
390,554
+44,648
| +13% | +$263K |
|
3011
Empire Petroleum
EP
$110M
| $2.12M | ﹤0.01% |
172,682
+3,244
| +2% | +$45.1K |
|
3012
Focus Universal
FCUV
$4.53M
| $2.12M | ﹤0.01% |
1,240
+8
| +0.6% | +$20.7K |
|
3013
UNIFI
UFI
$129M
| $2.12M | ﹤0.01% |
246,217
+5,223
| +2% | +$44.9K |
|
|
CWBC
3014
Community West Bancshares
CWBC
$676M
| $2.12M | ﹤0.01% |
100,029
+1,602
| +2% | +$31.2K |
|
3015
Hooker Furnishings Corp
HOFT
$159M
| $2.11M | ﹤0.01% |
112,898
-223
| -0.2% | -$3.6K |
|
3016
Arhaus
ARHS
$1.34B
| $2.11M | ﹤0.01% |
216,131
-5,047
| -2% | -$44.1K |
|
3017
Ponce Financial Group
PDLB
$484M
| $2.11M | ﹤0.01% |
226,179
-571
| -0.3% | -$5.44K |
|
|
ONIT
3018
Onity Group
ONIT
$326M
| $2.1M | ﹤0.01% |
68,753
-180
| -0.3% | -$5.62K |
|
3019
Century Therapeutics
IPSC
$357M
| $2.1M | ﹤0.01% |
409,729
+25,732
| +7% | +$243K |
|
|
CISO
3020
CISO Global
CISO
$11.7M
| $2.1M | ﹤0.01% |
54,806
+945
| +2% | +$42.9K |
|
3021
Commercial Vehicle Group
CVGI
$134M
| $2.09M | ﹤0.01% |
307,611
+2,691
| +0.9% | +$15.7K |
|
3022
Plains GP Holdings
PAGP
$4.98B
| $2.09M | ﹤0.01% |
168,128
+771
| +0.5% | +$9.61K |
|
|
MKFG
3023
DELISTED
Markforged Holding Corporation
MKFG
| $2.08M | ﹤0.01% |
179,123
+7,113
| +4% | +$108K |
|
3024
TORM
TRMD
$2.99B
| $2.07M | ﹤0.01% |
70,869
+25,690
| +57% | +$692K |
|
3025
Evolution Petroleum
EPM
$134M
| $2.06M | ﹤0.01% |
273,502
+9,554
| +4% | +$71.8K |
|
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.