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 | |
|---|---|---|---|---|---|---|
|
SUNL
3501
DELISTED
Sunlight Financial Holdings, Inc.
SUNL
| $740K | ﹤0.01% |
28,708
+324
| +1% | +$8.97K |
|
3502
Canterbury Park Holding Corp
CPHC
$80M
| $739K | ﹤0.01% |
23,670
+801
| +4% | +$20.6K |
|
3503
Instil Bio
TIL
$50.3M
| $738K | ﹤0.01% |
58,599
-1,635
| -3% | -$80.8K |
|
3504
Verastem
VSTM
$610M
| $737K | ﹤0.01% |
152,692
+2,650
| +2% | +$13K |
|
3505
New Oriental
EDU
$8.98B
| $735K | ﹤0.01% |
21,111
-91
| -0.4% | -$2.57K |
|
3506
AstroNova
ALOT
$227M
| $734K | ﹤0.01% |
57,286
+408
| +0.7% | +$4.85K |
|
3507
Katapult Holdings
KPLT
$33.2M
| $734K | ﹤0.01% |
30,730
+1,769
| +6% | +$42.3K |
|
3508
Paysign
PAYS
$705M
| $734K | ﹤0.01% |
284,821
+3,981
| +1% | +$9.94K |
|
|
LFT
3509
Lument Finance Trust
LFT
$36.6M
| $731K | ﹤0.01% |
385,027
+2,732
| +0.7% | +$5.59K |
|
3510
Personalis
PSNL
$1.51B
| $729K | ﹤0.01% |
368,345
+6,379
| +2% | +$16.1K |
|
3511
Cadiz
CDZI
$291M
| $727K | ﹤0.01% |
290,974
+5,845
| +2% | +$12.2K |
|
3512
KULR Technology Group
KULR
$135M
| $727K | ﹤0.01% |
75,757
+7,158
| +10% | +$88.3K |
|
|
HUT
3513
Hut 8
HUT
$10.9B
| $718K | ﹤0.01% |
168,987
+55,423
| +49% | +$418K |
|
|
DRRX
3514
DELISTED
DURECT Corp
DRRX
| $716K | ﹤0.01% |
206,964
+2,289
| +1% | +$10.9K |
|
|
PLM
3515
DELISTED
PolyMet Mining Corp.
PLM
| $714K | ﹤0.01% |
269,456
+1,364
| +0.5% | +$3.93K |
|
|
GPGI
3516
GPGI Inc
GPGI
$4.35B
| $711K | ﹤0.01% |
174,515
-17,297
| -9% | -$71.9K |
|
3517
VolitionRx Ltd
VNRX
$9.34M
| $711K | ﹤0.01% |
14,636
+218
| +2% | +$8.46K |
|
3518
Amprius Technologies
AMPX
$1.73B
| $710K | ﹤0.01% |
+89,584
| New | +$821K |
|
3519
Alpha Teknova
TKNO
$347M
| $710K | ﹤0.01% |
126,055
+2,593
| +2% | +$11.5K |
|
3520
Acme United Corp
ACU
$215M
| $708K | ﹤0.01% |
32,331
+564
| +2% | +$13.4K |
|
3521
Fiverr
FVRR
$339M
| $708K | ﹤0.01% |
24,325
-245
| -1% | -$7.7K |
|
|
LAC
3522
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $703K | ﹤0.01% |
37,106
-5,089
| -12% | -$123K |
|
|
ACB
3523
Aurora Cannabis
ACB
$185M
| $702K | ﹤0.01% |
76,176
+35,758
| +88% | +$427K |
|
3524
Quest Resource Holding
QRHC
$31.6M
| $702K | ﹤0.01% |
114,985
+1,419
| +1% | +$10.6K |
|
3525
VirnetX Holding Corp
VHC
$63.1M
| $701K | ﹤0.01% |
26,964
+511
| +2% | +$12.7K |
|
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.