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 | |
|---|---|---|---|---|---|---|
3301
The Beachbody Company
BODI
$74.7M
| $1.1M | ﹤0.01% |
41,708
+280
| +0.7% | +$12.2K |
|
3302
Rush Enterprises Class B
RUSHB
$6.08B
| $1.09M | ﹤0.01% |
29,196
+2,143
| +8% | +$75.7K |
|
3303
Innovative Solutions & Support
ISSC
$355M
| $1.09M | ﹤0.01% |
132,891
+3,993
| +3% | +$35.2K |
|
|
ABST
3304
DELISTED
Absolute Software Corp
ABST
| $1.09M | ﹤0.01% |
89,656
+145
| +0.2% | +$1.51K |
|
|
LSEA
3305
DELISTED
Landsea Homes
LSEA
| $1.09M | ﹤0.01% |
208,659
+141
| +0.1% | +$735 |
|
3306
EVI Industries
EVI
$182M
| $1.08M | ﹤0.01% |
45,427
+2,441
| +6% | +$47.9K |
|
3307
Mayville Engineering Co
MEC
$581M
| $1.08M | ﹤0.01% |
85,293
+7,142
| +9% | +$71.2K |
|
|
MNK
3308
DELISTED
Mallinckrodt plc
MNK
| $1.08M | ﹤0.01% |
+138,845
| New | +$1.55M |
|
3309
Daktronics
DAKT
$1.05B
| $1.07M | ﹤0.01% |
381,190
+6,248
| +2% | +$19.2K |
|
|
EARN
3310
Ellington Residential Mortgage REIT
EARN
$163M
| $1.07M | ﹤0.01% |
156,549
+5,019
| +3% | +$34.5K |
|
|
ZING
3311
DELISTED
FTAC Zeus Acquisition Corp. Class A Common Stock
ZING
| $1.07M | ﹤0.01% |
105,849
+63,175
| +148% | +$634K |
|
3312
Quantum Corp
QMCO
$457M
| $1.06M | ﹤0.01% |
48,857
+2,903
| +6% | +$71.4K |
|
3313
Value Line
VALU
$347M
| $1.06M | ﹤0.01% |
20,917
+18
| +0.1% | +$1.02K |
|
|
GORV
3314
DELISTED
Lazydays
GORV
| $1.06M | ﹤0.01% |
2,968
-6
| -0.2% | -$2.35K |
|
|
BTWN
3315
DELISTED
Bridgetown Holdings Limited Class A Ordinary Shares
BTWN
| $1.06M | ﹤0.01% |
106,637
+3,855
| +4% | +$38.1K |
|
3316
Citius Pharmaceuticals
CTXR
$18.7M
| $1.05M | ﹤0.01% |
53,305
+373
| +0.7% | +$10.2K |
|
|
VAQC
3317
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
| $1.05M | ﹤0.01% |
104,075
-263,305
| -72% | -$2.63M |
|
3318
Rigetti Computing
RGTI
$5.99B
| $1.05M | ﹤0.01% |
1,437,201
+441,608
| +44% | +$631K |
|
3319
Epsilon Energy
EPSN
$178M
| $1.05M | ﹤0.01% |
157,970
-3,139
| -2% | -$21.6K |
|
|
ADTH
3320
DELISTED
AdTheorent Holding Co
ADTH
| $1.04M | ﹤0.01% |
628,471
-15,847
| -2% | -$30.6K |
|
3321
GeneDx Holdings
WGS
$2.32B
| $1.04M | ﹤0.01% |
119,081
-3,052
| -2% | -$67.2K |
|
|
OMGA
3322
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $1.04M | ﹤0.01% |
181,543
-362
| -0.2% | -$2.03K |
|
3323
Eastern Company
EML
$151M
| $1.03M | ﹤0.01% |
53,320
+368
| +0.7% | +$7.66K |
|
3324
Natural Gas Services Group
NGS
$477M
| $1.03M | ﹤0.01% |
89,684
+304
| +0.3% | +$3.32K |
|
3325
SB Financial Group
SBFG
$166M
| $1.02M | ﹤0.01% |
61,099
-139
| -0.2% | -$2.33K |
|
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.