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 | |
|---|---|---|---|---|---|---|
3176
Vermilion Energy
VET
$1.75B
| $1.49M | ﹤0.01% |
77,592
+888
| +1% | +$18K |
|
3177
Bassett Furniture
BSET
$169M
| $1.49M | ﹤0.01% |
85,871
-35
| -0% | -$622 |
|
|
THRX
3178
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $1.49M | ﹤0.01% |
299,606
+12,211
| +4% | +$71.5K |
|
3179
Celularity
CELU
$19.9M
| $1.49M | ﹤0.01% |
115,245
+1,139
| +1% | +$21K |
|
|
SBDS
3180
DELISTED
Solo Brands Inc
SBDS
| $1.49M | ﹤0.01% |
9,983
+350
| +4% | +$57.2K |
|
3181
Consumer Portfolio Services
CPSS
$201M
| $1.48M | ﹤0.01% |
167,737
-961
| -0.6% | -$6.89K |
|
3182
Establishment Labs
ESTA
$2.21B
| $1.48M | ﹤0.01% |
22,560
+120
| +0.5% | +$7.25K |
|
3183
Lineage Cell Therapeutics
LCTX
$286M
| $1.48M | ﹤0.01% |
1,264,409
+13,253
| +1% | +$16.7K |
|
3184
First Northwest Bancorp
FNWB
$105M
| $1.47M | ﹤0.01% |
95,875
+967
| +1% | +$14.6K |
|
|
XOMA
3185
DELISTED
Xoma
XOMA
| $1.47M | ﹤0.01% |
79,924
-161
| -0.2% | -$2.92K |
|
3186
Hurco Companies Inc
HURC
$141M
| $1.47M | ﹤0.01% |
56,242
-195
| -0.3% | -$4.83K |
|
3187
Radware
RDWR
$1.2B
| $1.47M | ﹤0.01% |
74,307
-853
| -1% | -$17.8K |
|
3188
Zevia
ZVIA
$108M
| $1.46M | ﹤0.01% |
358,074
-850
| -0.2% | -$3.5K |
|
3189
Riverview Bancorp
RVSB
$107M
| $1.46M | ﹤0.01% |
190,422
+7
| +0% | +$50 |
|
3190
Beam Global
BEEM
$25.3M
| $1.46M | ﹤0.01% |
83,586
-2,028
| -2% | -$30.4K |
|
3191
Hycroft Mining Holding Corp
HYMC
$2.54B
| $1.46M | ﹤0.01% |
273,838
+11,142
| +4% | +$71.2K |
|
|
SHCO
3192
DELISTED
Soho House & Co
SHCO
| $1.45M | ﹤0.01% |
388,641
+2,102
| +0.5% | +$8.64K |
|
|
ZOM
3193
DELISTED
Zomedica Corp.
ZOM
| $1.45M | ﹤0.01% |
8,916,811
-21,318
| -0.2% | -$4.37K |
|
3194
KVH Industries
KVHI
$148M
| $1.45M | ﹤0.01% |
141,902
-1,204
| -0.8% | -$12.2K |
|
|
RPT
3195
Rithm Property Trust
RPT
$96M
| $1.44M | ﹤0.01% |
33,210
+653
| +2% | +$30.5K |
|
|
ML
3196
DELISTED
MoneyLion Inc.
ML
| $1.44M | ﹤0.01% |
77,633
+2,572
| +3% | +$63.3K |
|
|
CLPR
3197
Clipper Realty
CLPR
$47.2M
| $1.44M | ﹤0.01% |
224,993
+815
| +0.4% | +$5.71K |
|
|
LPTV
3198
DELISTED
Loop Media, Inc.
LPTV
| $1.43M | ﹤0.01% |
+216,172
| New | +$1.02M |
|
3199
Zevra Therapeutics
ZVRA
$682M
| $1.42M | ﹤0.01% |
309,842
+5,190
| +2% | +$26.4K |
|
|
MAXN
3200
DELISTED
Maxeon Solar Technologies
MAXN
| $1.42M | ﹤0.01% |
885
+187
| +27% | +$370K |
|
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.