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 | |
|---|---|---|---|---|---|---|
|
EVBN
3101
DELISTED
Evans Bancorp Inc
EVBN
| $1.76M | ﹤0.01% |
47,091
+1
| +0% | +$37 |
|
3102
Biglari Holdings Class B
BH
$1.21B
| $1.75M | ﹤0.01% |
12,634
-34
| -0.3% | -$4.66K |
|
3103
Bowman Consulting
BWMN
$743M
| $1.75M | ﹤0.01% |
80,262
+1,544
| +2% | +$26.9K |
|
3104
C&F Financial
CFFI
$277M
| $1.74M | ﹤0.01% |
29,945
+556
| +2% | +$31.2K |
|
3105
Bakkt Inc
BKKT
$342M
| $1.74M | ﹤0.01% |
58,480
+2,206
| +4% | +$103K |
|
3106
Sportradar
SRAD
$3.95B
| $1.74M | ﹤0.01% |
174,584
+990
| +0.6% | +$9.65K |
|
|
OMIC
3107
DELISTED
Singular Genomics Systems, Inc. Common Stock
OMIC
| $1.74M | ﹤0.01% |
28,816
+680
| +2% | +$45.6K |
|
|
SMLR
3108
DELISTED
Semler Scientific
SMLR
| $1.73M | ﹤0.01% |
52,448
+935
| +2% | +$32.4K |
|
3109
Nautilus Biotechnolgy
NAUT
$110M
| $1.73M | ﹤0.01% |
960,868
+5,799
| +0.6% | +$11.2K |
|
3110
Princeton Bancorp
BPRN
$288M
| $1.71M | ﹤0.01% |
54,651
-336
| -0.6% | -$10.5K |
|
3111
Limoneira
LMNR
$249M
| $1.71M | ﹤0.01% |
140,197
+1,801
| +1% | +$23.1K |
|
3112
Innovative Industrial Properties
IIPR
$1.66B
| $1.7M | ﹤0.01% |
16,790
-20
| -0.1% | -$2.13K |
|
3113
Relmada Therapeutics
RLMD
$484M
| $1.7M | ﹤0.01% |
486,251
-4,561
| -0.9% | -$40.1K |
|
3114
Plumas Bancorp
PLBC
$427M
| $1.69M | ﹤0.01% |
45,743
+674
| +1% | +$22.6K |
|
|
AFMD
3115
DELISTED
Affimed
AFMD
| $1.69M | ﹤0.01% |
136,578
+7,534
| +6% | +$132K |
|
|
PWOD
3116
DELISTED
Penns Woods Bancorp
PWOD
| $1.69M | ﹤0.01% |
63,597
+485
| +0.8% | +$12.2K |
|
3117
Symbotic
SYM
$5.21B
| $1.69M | ﹤0.01% |
141,490
+23,004
| +19% | +$268K |
|
|
ERF
3118
DELISTED
Enerplus Corporation
ERF
| $1.69M | ﹤0.01% |
92,805
+8,878
| +11% | +$152K |
|
3119
Angi Inc
ANGI
$186M
| $1.69M | ﹤0.01% |
71,790
+675
| +0.9% | +$15.1K |
|
|
RBOT
3120
DELISTED
Vicarious Surgical
RBOT
| $1.69M | ﹤0.01% |
27,823
+1,603
| +6% | +$149K |
|
3121
Beyond Air
XAIR
$3.75M
| $1.69M | ﹤0.01% |
649
+29
| +5% | +$74.2K |
|
|
SSBK
3122
DELISTED
Southern States Bancshares
SSBK
| $1.68M | ﹤0.01% |
58,078
-124
| -0.2% | -$3.51K |
|
|
OSG
3123
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.67M | ﹤0.01% |
579,194
-713
| -0.1% | -$2.07K |
|
3124
Oric Pharmaceuticals
ORIC
$1.41B
| $1.67M | ﹤0.01% |
283,711
-597
| -0.2% | -$2.02K |
|
3125
Avita Medical
RCEL
$235M
| $1.67M | ﹤0.01% |
252,756
+798
| +0.3% | +$4.78K |
|
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.