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 | |
|---|---|---|---|---|---|---|
3526
Energous
WATT
$102M
| $696K | ﹤0.01% |
1,389
+14
| +1% | +$8.44K |
|
3527
Phunware
PHUN
$43.6M
| $695K | ﹤0.01% |
17,992
+1,030
| +6% | +$56K |
|
|
SCPH
3528
DELISTED
scPharmaceuticals
SCPH
| $694K | ﹤0.01% |
96,921
+11,736
| +14% | +$71.7K |
|
3529
NeoVolta
NEOV
$155M
| $692K | ﹤0.01% |
248,317
-575
| -0.2% | -$2.24K |
|
|
PRTY
3530
DELISTED
Party City Holdco Inc.
PRTY
| $691K | ﹤0.01% |
1,892,335
+7,414
| +0.4% | +$7.44K |
|
3531
Dragonfly Energy
DFLI
$18.9M
| $688K | ﹤0.01% |
+643
| New | +$612K |
|
3532
Perion Network
PERI
$386M
| $687K | ﹤0.01% |
27,171
| – | – |
|
3533
FinWise Bancorp
FINW
$195M
| $686K | ﹤0.01% |
74,134
+204
| +0.3% | +$1.87K |
|
3534
Ascent Industries
ACNT
$141M
| $685K | ﹤0.01% |
79,067
+420
| +0.5% | +$5.07K |
|
3535
STRATTEC Security
STRT
$361M
| $684K | ﹤0.01% |
33,308
+436
| +1% | +$10.7K |
|
|
KORE
3536
DELISTED
KORE Group Holdings
KORE
| $682K | ﹤0.01% |
108,400
-2,282
| -2% | -$26.3K |
|
3537
Dare Bioscience
DARE
$21M
| $678K | ﹤0.01% |
68,111
-158
| -0.2% | -$1.77K |
|
|
ZIVO
3538
DELISTED
Zivo Bioscience, Inc. Common Stock
ZIVO
| $677K | ﹤0.01% |
46,104
-895
| -2% | -$15.6K |
|
3539
Apyx Medical
APYX
$171M
| $675K | ﹤0.01% |
288,689
+2,535
| +0.9% | +$7.74K |
|
|
ACAH
3540
DELISTED
Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
| $672K | ﹤0.01% |
67,133
+2,682
| +4% | +$26.6K |
|
|
JOAN
3541
DELISTED
JOANN, Inc. Common Stock
JOAN
| $667K | ﹤0.01% |
234,178
+2,612
| +1% | +$12.3K |
|
|
MDV
3542
Modiv Industrial
MDV
$187M
| $666K | ﹤0.01% |
60,178
-139
| -0.2% | -$1.51K |
|
3543
Torrid Holdings
CURV
$260M
| $659K | ﹤0.01% |
222,814
+979
| +0.4% | +$4K |
|
3544
Aveanna Healthcare
AVAH
$2.07B
| $658K | ﹤0.01% |
844,830
-30,920
| -4% | -$32.4K |
|
3545
New Mountain Finance
NMFC
$732M
| $658K | ﹤0.01% |
53,270
| – | – |
|
|
PPIH
3546
Perma-Pipe International
PPIH
$215M
| $656K | ﹤0.01% |
69,497
+280
| +0.4% | +$2.65K |
|
|
PVLA
3547
Palvella Therapeutics
PVLA
$2.27B
| $655K | ﹤0.01% |
7,875
-18
| -0.2% | -$1.45K |
|
3548
Root
ROOT
$798M
| $654K | ﹤0.01% |
145,810
+16,603
| +13% | +$115K |
|
3549
Hamilton Beach Brands
HBB
$422M
| $651K | ﹤0.01% |
52,583
-706
| -1% | -$9.11K |
|
3550
Orion Group Holdings
ORN
$418M
| $651K | ﹤0.01% |
273,750
+6,615
| +2% | +$16K |
|
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.