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 | |
|---|---|---|---|---|---|---|
3226
Hydrofarm Holdings
HYFM
$9.2M
| $1.33M | ﹤0.01% |
85,944
+11,188
| +15% | +$256K |
|
3227
Crawford & Co Class A
CRD.A
$643M
| $1.33M | ﹤0.01% |
239,009
+72
| +0% | +$438 |
|
3228
Cartesian Therapeutics
RNAC
$265M
| $1.33M | ﹤0.01% |
39,159
-1,255
| -3% | -$53.4K |
|
3229
Bluerock Homes Trust
BHM
$35.2M
| $1.32M | ﹤0.01% |
+62,102
| New | +$1.45M |
|
|
ZFOX
3230
DELISTED
ZeroFox Holdings, Inc. Common Stock
ZFOX
| $1.32M | ﹤0.01% |
265,700
+1,706
| +0.6% | +$7.91K |
|
|
FRGI
3231
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.31M | ﹤0.01% |
178,613
+2,560
| +1% | +$17.1K |
|
3232
American Outdoor Brands
AOUT
$160M
| $1.31M | ﹤0.01% |
130,829
+1,723
| +1% | +$16K |
|
3233
Cooper-Standard Automotive
CPS
$506M
| $1.31M | ﹤0.01% |
144,697
-7,596
| -5% | -$53.8K |
|
|
LTCH
3234
DELISTED
Latch, Inc. Common Stock
LTCH
| $1.31M | ﹤0.01% |
1,844,646
+40,194
| +2% | +$36.8K |
|
3235
Jakks Pacific
JAKK
$292M
| $1.31M | ﹤0.01% |
74,707
-728
| -1% | -$13.3K |
|
3236
Peoples Bancorp of North Carolina
PEBK
$228M
| $1.3M | ﹤0.01% |
40,049
-38
| -0.1% | -$1.08K |
|
|
VIGL
3237
DELISTED
Vigil Neuroscience
VIGL
| $1.3M | ﹤0.01% |
103,767
+31,948
| +44% | +$392K |
|
3238
Virginia National Bankshares
VABK
$260M
| $1.29M | ﹤0.01% |
35,309
+205
| +0.6% | +$7.02K |
|
|
CALB
3239
DELISTED
California BanCorp Common Stock
CALB
| $1.29M | ﹤0.01% |
54,377
-135
| -0.2% | -$3.1K |
|
|
WMPN
3240
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $1.28M | ﹤0.01% |
105,720
+2,115
| +2% | +$24.5K |
|
|
RDNW
3241
RideNow Group
RDNW
$248M
| $1.28M | ﹤0.01% |
197,974
+7,725
| +4% | +$83.6K |
|
3242
Sanara MedTech
SMTI
$315M
| $1.28M | ﹤0.01% |
28,110
+1,705
| +6% | +$58.8K |
|
3243
ECB Bancorp
ECBK
$176M
| $1.28M | ﹤0.01% |
79,654
-188
| -0.2% | -$3.01K |
|
|
CURO
3244
DELISTED
CURO Group Holdings Corp.
CURO
| $1.28M | ﹤0.01% |
359,687
+2,217
| +0.6% | +$8.45K |
|
3245
Ranger Energy Services
RNGR
$388M
| $1.26M | ﹤0.01% |
114,927
+1,658
| +1% | +$17.5K |
|
3246
Oak Valley Bancorp
OVLY
$278M
| $1.26M | ﹤0.01% |
55,833
+1,651
| +3% | +$32.4K |
|
3247
Goldgroup Mining Inc.
GORO
$187M
| $1.26M | ﹤0.01% |
826,036
+6,700
| +0.8% | +$10.9K |
|
|
CRON
3248
Cronos Group
CRON
$1.11B
| $1.26M | ﹤0.01% |
496,474
+58,354
| +13% | +$171K |
|
3249
Korro Bio
KRRO
$199M
| $1.26M | ﹤0.01% |
6,550
+359
| +6% | +$36.9K |
|
3250
Meridian
MRBK
$231M
| $1.26M | ﹤0.01% |
83,068
+392
| +0.5% | +$6.21K |
|
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.