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 | |
|---|---|---|---|---|---|---|
3126
Choiceone Financial
COFS
$508M
| $1.67M | ﹤0.01% |
57,469
+509
| +0.9% | +$11.9K |
|
3127
Voyager Therapeutics
VYGR
$195M
| $1.66M | ﹤0.01% |
272,738
+1,716
| +0.6% | +$9.75K |
|
|
MRNS
3128
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $1.66M | ﹤0.01% |
417,729
+82,573
| +25% | +$406K |
|
3129
Mammoth Energy Services
TUSK
$162M
| $1.65M | ﹤0.01% |
191,148
-2,857
| -1% | -$16.3K |
|
3130
Praxis Precision Medicines
PRAX
$10.2B
| $1.65M | ﹤0.01% |
46,239
+3,925
| +9% | +$122K |
|
3131
Lifetime Brands
LCUT
$213M
| $1.65M | ﹤0.01% |
217,269
+1,493
| +0.7% | +$11.5K |
|
3132
Millicom
TIGO
$16.1B
| $1.65M | ﹤0.01% |
130,602
+20,515
| +19% | +$257K |
|
|
CASA
3133
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.65M | ﹤0.01% |
603,681
-3,592
| -0.6% | -$10.5K |
|
|
NINE
3134
DELISTED
Nine Energy Service
NINE
| $1.65M | ﹤0.01% |
113,397
+1,976
| +2% | +$15.5K |
|
3135
Ericsson
ERIC
$32.7B
| $1.64M | ﹤0.01% |
280,808
-6,327
| -2% | -$38K |
|
3136
Equinor
EQNR
$97.4B
| $1.64M | ﹤0.01% |
45,714
-70,500
| -61% | -$2.53M |
|
|
NOTV
3137
DELISTED
Inotiv
NOTV
| $1.63M | ﹤0.01% |
330,524
+10,174
| +3% | +$126K |
|
|
AC
3138
DELISTED
Associated Capital Group
AC
| $1.63M | ﹤0.01% |
38,730
+260
| +0.7% | +$10.6K |
|
3139
Bioventus
BVS
$1.17B
| $1.63M | ﹤0.01% |
622,647
+30,249
| +5% | +$132K |
|
3140
Matrix Service
MTRX
$326M
| $1.62M | ﹤0.01% |
260,448
+3,029
| +1% | +$15.6K |
|
3141
Asure Software
ASUR
$241M
| $1.61M | ﹤0.01% |
172,804
+24,345
| +16% | +$174K |
|
3142
Puma Biotechnology
PBYI
$442M
| $1.61M | ﹤0.01% |
380,911
+6,245
| +2% | +$21.5K |
|
3143
Petrobras
PBR
$118B
| $1.61M | ﹤0.01% |
151,256
-164,205
| -52% | -$1.98M |
|
3144
MakeMyTrip
MMYT
$5.73B
| $1.6M | ﹤0.01% |
58,170
+330
| +0.6% | +$9.52K |
|
|
CAMP
3145
DELISTED
CalAmp Corp.
CAMP
| $1.6M | ﹤0.01% |
15,563
+254
| +2% | +$21.5K |
|
3146
Priority Technology Holdings
PRTH
$431M
| $1.6M | ﹤0.01% |
304,384
-192
| -0.1% | -$973 |
|
|
NGMS
3147
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $1.6M | ﹤0.01% |
131,301
+7,547
| +6% | +$114K |
|
3148
EyePoint Inc
EYPT
$1.13B
| $1.58M | ﹤0.01% |
452,831
+2,159
| +0.5% | +$9.53K |
|
|
IVAC
3149
DELISTED
Intevac Inc
IVAC
| $1.58M | ﹤0.01% |
244,774
+1,154
| +0.5% | +$6.18K |
|
3150
CPI Card Group
PMTS
$330M
| $1.58M | ﹤0.01% |
43,834
+4,768
| +12% | +$116K |
|
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.