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 | |
|---|---|---|---|---|---|---|
3551
Dorchester Minerals
DMLP
$1.26B
| $649K | ﹤0.01% |
21,696
| – | – |
|
3552
Atossa Therapeutics
ATOS
$23.5M
| $644K | ﹤0.01% |
81,310
-186
| -0.2% | -$2.14K |
|
3553
Offerpad Solutions
OPAD
$23.1M
| $641K | ﹤0.01% |
9,283
+141
| +2% | +$16.3K |
|
3554
Backblaze
BLZE
$1.16B
| $639K | ﹤0.01% |
104,008
+6,585
| +7% | +$31.5K |
|
3555
Barnes & Noble Education
BNED
$443M
| $638K | ﹤0.01% |
3,647
+65
| +2% | +$15.5K |
|
3556
Maui Land & Pineapple Co
MLP
$344M
| $636K | ﹤0.01% |
67,540
+405
| +0.6% | +$3.63K |
|
3557
Harte-Hanks
HHS
| $633K | ﹤0.01% |
54,211
+5,145
| +10% | +$56.9K |
|
3558
Redwire
RDW
$3.25B
| $633K | ﹤0.01% |
320,127
+11,498
| +4% | +$26.5K |
|
3559
Townsquare Media
TSQ
$118M
| $633K | ﹤0.01% |
87,362
+2,727
| +3% | +$20.5K |
|
|
ADN
3560
DELISTED
Advent Technologies
ADN
| $629K | ﹤0.01% |
11,593
+118
| +1% | +$7.31K |
|
|
SELF
3561
Global Self Storage
SELF
$58.8M
| $629K | ﹤0.01% |
128,935
+1,664
| +1% | +$8.53K |
|
|
IMA
3562
ImageneBio Inc
IMA
$64.6M
| $628K | ﹤0.01% |
19,703
-43
| -0.2% | -$1.37K |
|
3563
Applied Optoelectronics
AAOI
$11.5B
| $627K | ﹤0.01% |
332,193
+7,955
| +2% | +$18.9K |
|
3564
Comstock Holding Companies
CHCI
$153M
| $627K | ﹤0.01% |
147,258
+1,006
| +0.7% | +$4.18K |
|
3565
NexGen Energy
NXE
$6.99B
| $627K | ﹤0.01% |
141,758
| – | – |
|
3566
Genprex
GNPX
$2.16M
| $626K | ﹤0.01% |
10
| – | – |
|
|
DFTX
3567
Definium Therapeutics
DFTX
$6.12B
| $619K | ﹤0.01% |
+281,671
| New | +$782K |
|
|
PCTI
3568
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $619K | ﹤0.01% |
144,162
+4,367
| +3% | +$19.5K |
|
|
RVPH
3569
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $618K | ﹤0.01% |
7,272
+3,368
| +86% | +$257K |
|
3570
RLX Technology
RLX
$2.46B
| $617K | ﹤0.01% |
268,432
-1,838,303
| -87% | -$3.26M |
|
|
SCRM
3571
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
| $616K | ﹤0.01% |
61,951
+22,561
| +57% | +$222K |
|
|
FAZE
3572
DELISTED
FaZe Holdings Inc. Common Stock
FAZE
| $615K | ﹤0.01% |
332,690
-15,611
| -4% | -$46.6K |
|
3573
Sono-Tek
SOTK
$82.8M
| $611K | ﹤0.01% |
95,216
+647
| +0.7% | +$4.26K |
|
3574
Innodata
INOD
$2.04B
| $610K | ﹤0.01% |
205,919
+2,461
| +1% | +$7.83K |
|
|
IRD
3575
Opus Genetics
IRD
$302M
| $610K | ﹤0.01% |
173,067
+21,498
| +14% | +$56.6K |
|
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.