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 | |
|---|---|---|---|---|---|---|
|
CIXX
3276
DELISTED
CI Financial Corp.
CIXX
| $1.18M | ﹤0.01% |
105,361
+458
| +0.4% | +$4.62K |
|
3277
DLH Holdings
DLHC
$69.9M
| $1.18M | ﹤0.01% |
99,240
+1,080
| +1% | +$13.9K |
|
|
FSTX
3278
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $1.18M | ﹤0.01% |
185,982
| – | – |
|
3279
AN2 Therapeutics
ANTX
$209M
| $1.17M | ﹤0.01% |
123,085
+39,794
| +48% | +$533K |
|
3280
Saga Communications
SGA
$61.4M
| $1.17M | ﹤0.01% |
49,498
+7,476
| +18% | +$184K |
|
3281
Anixa Biosciences
ANIX
$113M
| $1.17M | ﹤0.01% |
274,289
+3,626
| +1% | +$17.4K |
|
|
TRHC
3282
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $1.16M | ﹤0.01% |
235,093
+4,905
| +2% | +$20.2K |
|
3283
Local Bounti
LOCL
$25.3M
| $1.15M | ﹤0.01% |
63,869
+14,378
| +29% | +$448K |
|
3284
Smith Micro Software
SMSI
$16.5M
| $1.15M | ﹤0.01% |
13,739
+592
| +5% | +$51.7K |
|
3285
Kaltura
KLTR
$252M
| $1.15M | ﹤0.01% |
669,241
-1,401
| -0.2% | -$2.58K |
|
|
SACH
3286
Sachem Capital Corp
SACH
$38.7M
| $1.14M | ﹤0.01% |
346,825
+13,897
| +4% | +$50.1K |
|
3287
Forum Energy Technologies
FET
$886M
| $1.14M | ﹤0.01% |
38,716
-99
| -0.3% | -$2.71K |
|
|
HLGN
3288
DELISTED
Heliogen, Inc.
HLGN
| $1.14M | ﹤0.01% |
46,531
+1,888
| +4% | +$85.2K |
|
|
FFAI
3289
Faraday Future Intelligent Electric
FFAI
$10.8M
| $1.14M | ﹤0.01% |
3
+2
| +200% | +$1.34M |
|
|
MITT
3290
TPG Mortgage Investment Trust
MITT
$199M
| $1.13M | ﹤0.01% |
213,533
-1,780
| -0.8% | -$9.19K |
|
3291
Climb Global Solutions
CLMB
$511M
| $1.13M | ﹤0.01% |
143,624
+1,688
| +1% | +$13.2K |
|
|
EAR
3292
DELISTED
Eargo, Inc. Common Stock
EAR
| $1.13M | ﹤0.01% |
98,432
+86,767
| +744% | +$1.12M |
|
3293
Lantronix
LTRX
$260M
| $1.13M | ﹤0.01% |
260,867
+12,275
| +5% | +$57.8K |
|
3294
Vera Bradley
VRA
$97.5M
| $1.12M | ﹤0.01% |
247,797
-549
| -0.2% | -$2.01K |
|
|
TTCF
3295
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $1.12M | ﹤0.01% |
910,869
+37,408
| +4% | +$111K |
|
|
VIA
3296
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.12M | ﹤0.01% |
43,759
+492
| +1% | +$15.5K |
|
3297
Vor Biopharma
VOR
$1.25B
| $1.11M | ﹤0.01% |
8,338
+1,558
| +23% | +$154K |
|
|
AGIL
3298
DELISTED
AgileThought Inc
AGIL
| $1.1M | ﹤0.01% |
262,408
+972
| +0.4% | +$4.05K |
|
3299
Hawthorn Bancshares
HWBK
$275M
| $1.1M | ﹤0.01% |
52,604
-34
| -0.1% | -$738 |
|
|
SEVN
3300
Seven Hills Realty Trust
SEVN
$170M
| $1.1M | ﹤0.01% |
120,690
+429
| +0.4% | +$4K |
|
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.