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 | |
|---|---|---|---|---|---|---|
3601
Airgain
AIRG
$72.4M
| $573K | ﹤0.01% |
88,064
-212
| -0.2% | -$1.53K |
|
3602
Rani Therapeutics
RANI
$89M
| $573K | ﹤0.01% |
97,185
+2,653
| +3% | +$19.4K |
|
|
GIFI
3603
DELISTED
Gulf Island Fabrication
GIFI
| $571K | ﹤0.01% |
111,435
+7,834
| +8% | +$37.8K |
|
|
SCTL
3604
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $569K | ﹤0.01% |
382,339
+9,035
| +2% | +$14.2K |
|
|
POL
3605
DELISTED
Polished.com Inc.
POL
| $569K | ﹤0.01% |
19,714
-48
| -0.2% | -$1.44K |
|
3606
Friedman Industries
FRD
$317M
| $567K | ﹤0.01% |
57,935
+556
| +1% | +$5.02K |
|
3607
ReposiTrak
TRAK
$159M
| $567K | ﹤0.01% |
114,706
+1,652
| +1% | +$8.37K |
|
|
AVDL
3608
DELISTED
Avadel Pharmaceuticals
AVDL
| $566K | ﹤0.01% |
79,079
+38,551
| +95% | +$270K |
|
3609
Enliven Therapeutics
ELVN
$4.43B
| $563K | ﹤0.01% |
34,432
+8,163
| +31% | +$130K |
|
|
STRM
3610
DELISTED
Streamline Health Solutions
STRM
| $563K | ﹤0.01% |
23,796
+315
| +1% | +$7.67K |
|
|
ACCS
3611
ACCESS Newswire
ACCS
$26.2M
| $561K | ﹤0.01% |
22,429
+184
| +0.8% | +$4.39K |
|
3612
Cineverse
CNVS
$65.6M
| $560K | ﹤0.01% |
72,349
+703
| +1% | +$6.69K |
|
|
LNKB
3613
DELISTED
LINKBANCORP
LNKB
| $560K | ﹤0.01% |
+59,949
| New | +$499K |
|
|
TIGR
3614
UP Fintech Holding
TIGR
$861M
| $560K | ﹤0.01% |
164,302
+59,649
| +57% | +$258K |
|
3615
Smart Sand
SND
$194M
| $559K | ﹤0.01% |
312,641
+3,859
| +1% | +$7.31K |
|
|
DLA
3616
DELISTED
Delta Apparel Inc.
DLA
| $559K | ﹤0.01% |
52,707
+620
| +1% | +$8.43K |
|
|
VAPO
3617
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $559K | ﹤0.01% |
25,898
-1,057
| -4% | -$12K |
|
|
DADA
3618
DELISTED
Dada Nexus
DADA
| $558K | ﹤0.01% |
80,112
-5,562
| -6% | -$29.1K |
|
|
WKME
3619
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $557K | ﹤0.01% |
49,858
| – | – |
|
|
SPPI
3620
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $557K | ﹤0.01% |
1,512,202
-39,550
| -3% | -$16.7K |
|
3621
Electromed
ELMD
$349M
| $556K | ﹤0.01% |
53,076
+522
| +1% | +$5.31K |
|
3622
MarketWise
MKTW
$56.6M
| $555K | ﹤0.01% |
16,538
-597
| -3% | -$26K |
|
|
COOL
3623
DELISTED
Corner Growth Acquisition Corp. Class A Ordinary Shares
COOL
| $555K | ﹤0.01% |
56,198
| – | – |
|
|
STRR
3624
Star Equity Holdings
STRR
$41.7M
| $553K | ﹤0.01% |
24,476
+494
| +2% | +$14.1K |
|
3625
Loop Industries
LOOP
$32.9M
| $552K | ﹤0.01% |
231,059
+1,470
| +0.6% | +$4.28K |
|
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.