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 | |
|---|---|---|---|---|---|---|
3326
American Superconductor
AMSC
$1.55B
| $1.02M | ﹤0.01% |
278,227
+10,529
| +4% | +$41.2K |
|
|
FNCB
3327
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.02M | ﹤0.01% |
124,691
+658
| +0.5% | +$5.19K |
|
|
GHLD
3328
DELISTED
Guild Holdings
GHLD
| $1.02M | ﹤0.01% |
100,866
+2,557
| +3% | +$26K |
|
|
CHMI
3329
Cherry Hill Mortgage Investment Corp
CHMI
$101M
| $1.02M | ﹤0.01% |
175,232
+2,953
| +2% | +$16.6K |
|
3330
HUTCHMED
HCM
$2.18B
| $1.01M | ﹤0.01% |
68,547
-354,222
| -84% | -$3.87M |
|
3331
SKYX Platforms
SKYX
$167M
| $1.01M | ﹤0.01% |
401,289
-12,671
| -3% | -$35.7K |
|
3332
Celcuity
CELC
$4.48B
| $1M | ﹤0.01% |
71,736
+640
| +0.9% | +$6.55K |
|
3333
Park-Ohio Holdings
PKOH
$710M
| $1M | ﹤0.01% |
82,061
+1,117
| +1% | +$13.9K |
|
|
CVAC
3334
DELISTED
CureVac
CVAC
| $1M | ﹤0.01% |
166,014
+14,192
| +9% | +$105K |
|
|
FONR
3335
DELISTED
Fonar
FONR
| $1M | ﹤0.01% |
59,792
-404
| -0.7% | -$6.8K |
|
3336
Aterian
ATER
$5.42M
| $999K | ﹤0.01% |
108,180
+6,269
| +6% | +$78.5K |
|
3337
BlackSky Technology
BKSY
$1.21B
| $996K | ﹤0.01% |
80,884
+8,561
| +12% | +$114K |
|
|
CTG
3338
DELISTED
Computer Task Group, Inc.
CTG
| $996K | ﹤0.01% |
131,823
+2,595
| +2% | +$19K |
|
|
CAJ
3339
DELISTED
Canon, Inc.
CAJ
| $995K | ﹤0.01% |
45,920
-14,360
| -24% | -$320K |
|
|
THRD
3340
DELISTED
Third Harmonic Bio
THRD
| $991K | ﹤0.01% |
+230,610
| New | +$3.86M |
|
3341
Ohio Valley Banc Corp
OVBC
$208M
| $990K | ﹤0.01% |
37,500
+1,077
| +3% | +$28.9K |
|
3342
Spruce Power Holding Corp
SPRU
$40.2M
| $986K | ﹤0.01% |
134,131
+8,964
| +7% | +$63.6K |
|
|
OPNT
3343
DELISTED
Opiant Pharmaceuticals, Inc. Common Stock
OPNT
| $985K | ﹤0.01% |
48,591
-136
| -0.3% | -$2.08K |
|
|
FSFG
3344
DELISTED
First Savings Financial Group
FSFG
| $984K | ﹤0.01% |
49,243
+481
| +1% | +$10.7K |
|
3345
Ondas Inc
ONDS
$5.2B
| $984K | ﹤0.01% |
619,477
+8,260
| +1% | +$24.3K |
|
|
SWIR
3346
DELISTED
Sierra Wireless
SWIR
| $981K | ﹤0.01% |
33,881
| – | – |
|
3347
First Majestic Silver
AG
$9.3B
| $980K | ﹤0.01% |
117,660
+4,237
| +4% | +$37K |
|
3348
Kopin
KOPN
$784M
| $977K | ﹤0.01% |
788,245
+34,706
| +5% | +$42.9K |
|
|
EVLO
3349
DELISTED
Evelo Biosciences, Inc. Common Stock
EVLO
| $977K | ﹤0.01% |
30,372
+1,048
| +4% | +$41.5K |
|
3350
Precision BioSciences
DTIL
$205M
| $975K | ﹤0.01% |
27,332
+1,292
| +5% | +$51.1K |
|
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.