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 | |
|---|---|---|---|---|---|---|
3401
Security National Financial
SNFCA
$251M
| $894K | ﹤0.01% |
149,020
-312
| -0.2% | -$1.67K |
|
3402
Viant Technology
DSP
$265M
| $893K | ﹤0.01% |
222,313
-4,725
| -2% | -$19.1K |
|
|
RMGC
3403
DELISTED
RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
| $889K | ﹤0.01% |
88,095
+64,893
| +280% | +$649K |
|
3404
Camtek
CAMT
$7.25B
| $888K | ﹤0.01% |
40,480
+270
| +0.7% | +$6.23K |
|
3405
Transcontinental Realty Investors
TCI
$323M
| $883K | ﹤0.01% |
20,002
-4,464
| -18% | -$186K |
|
|
AIOT
3406
PowerFleet Inc
AIOT
$592M
| $881K | ﹤0.01% |
327,716
+6,702
| +2% | +$18.4K |
|
|
ARC
3407
DELISTED
ARC Document Solutions, Inc.
ARC
| $879K | ﹤0.01% |
300,025
+5,828
| +2% | +$15.4K |
|
3408
Prelude Therapeutics
PRLD
$390M
| $873K | ﹤0.01% |
144,677
-8,414
| -5% | -$53.9K |
|
|
STLN
3409
Starling Oncology, Inc. Common Stock
STLN
$641M
| $873K | ﹤0.01% |
529,620
+8,322
| +2% | +$23.4K |
|
|
CPTN
3410
DELISTED
Cepton, Inc. Common Stock
CPTN
| $873K | ﹤0.01% |
68,804
-495
| -0.7% | -$8.79K |
|
3411
Capricor Therapeutics
CAPR
$237M
| $872K | ﹤0.01% |
226,110
+4,077
| +2% | +$19.5K |
|
3412
Valhi
VHI
$450M
| $869K | ﹤0.01% |
39,514
+395
| +1% | +$9.6K |
|
|
PRTK
3413
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $868K | ﹤0.01% |
464,437
+22,502
| +5% | +$56.1K |
|
3414
CB Financial Services
CBFV
$193M
| $866K | ﹤0.01% |
40,444
+249
| +0.6% | +$5.42K |
|
|
KC
3415
Kingsoft Cloud Holdings
KC
$3.69B
| $866K | ﹤0.01% |
226,232
+116,784
| +107% | +$335K |
|
3416
inTEST
INTT
$177M
| $864K | ﹤0.01% |
83,922
+940
| +1% | +$8.74K |
|
3417
RCM Technologies
RCMT
$208M
| $863K | ﹤0.01% |
69,936
-158
| -0.2% | -$2.46K |
|
3418
INNOVATE Corp
VATE
$165M
| $860K | ﹤0.01% |
46,006
+531
| +1% | +$5.59K |
|
|
ALPP
3419
DELISTED
Alpine 4 Holdings Inc
ALPP
| $854K | ﹤0.01% |
202,114
+4,493
| +2% | +$22.1K |
|
3420
Limbach Holdings
LMB
$581M
| $852K | ﹤0.01% |
81,875
+11,272
| +16% | +$107K |
|
3421
Pixelworks
PXLW
$41.6M
| $852K | ﹤0.01% |
40,156
+348
| +0.9% | +$6.23K |
|
3422
Aqua Metals
AQMS
$10.2M
| $848K | ﹤0.01% |
3,393
-160
| -5% | -$24.4K |
|
3423
Altisource Portfolio Solutions
ASPS
$65.8M
| $848K | ﹤0.01% |
11,213
+164
| +1% | +$17K |
|
3424
Northern Technologies International Corp
NTIC
$80M
| $848K | ﹤0.01% |
63,719
+977
| +2% | +$12.7K |
|
|
OPOF
3425
DELISTED
Old Point Financial
OPOF
| $846K | ﹤0.01% |
31,380
-56
| -0.2% | -$1.42K |
|
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.