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 | |
|---|---|---|---|---|---|---|
|
BFX
3726
DELISTED
BowFlex Inc.
BFX
| $436K | ﹤0.01% |
285,403
-10,100
| -3% | -$16.1K |
|
|
EMBK
3727
DELISTED
Embark Technology, Inc. Common Stock
EMBK
| $436K | ﹤0.01% |
132,743
+8,772
| +7% | +$42.9K |
|
|
LCA
3728
DELISTED
Landcadia Holdings IV, Inc. Class A Common Stock
LCA
| $433K | ﹤0.01% |
43,419
| – | – |
|
3729
PrimeEnergy Resources
PNRG
$298M
| $429K | ﹤0.01% |
4,946
+456
| +10% | +$36.6K |
|
|
USX
3730
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $429K | ﹤0.01% |
237,193
+12,610
| +6% | +$27.3K |
|
3731
Owlet
OWLT
$160M
| $428K | ﹤0.01% |
54,754
-20
| -0% | -$249 |
|
3732
Chunghwa Telecom
CHT
$33B
| $427K | ﹤0.01% |
11,673
-187
| -2% | -$6.55K |
|
3733
Dave Inc
DAVE
$4.06B
| $427K | ﹤0.01% |
46,010
-112
| -0.2% | -$1.2K |
|
3734
Marchex
MCHX
$79.7M
| $426K | ﹤0.01% |
271,468
-679
| -0.2% | -$1.16K |
|
3735
POSCO
PKX
$17.5B
| $426K | ﹤0.01% |
7,838
| – | – |
|
|
HYPD
3736
Hyperion DeFi Inc
HYPD
$40.9M
| $423K | ﹤0.01% |
3,251
+76
| +2% | +$12K |
|
|
NVNO
3737
enVVeno Medical
NVNO
$7.08M
| $423K | ﹤0.01% |
2,374
+26
| +1% | +$5.28K |
|
3738
Transact Technologies
TACT
$58.6M
| $423K | ﹤0.01% |
68,134
-130
| -0.2% | -$671 |
|
|
FFBW
3739
DELISTED
FFBW, Inc. Common Stock
FFBW
| $422K | ﹤0.01% |
36,308
-101
| -0.3% | -$1.19K |
|
|
BKSC
3740
DELISTED
Bank of South Carolina
BKSC
| $421K | ﹤0.01% |
25,729
-46
| -0.2% | -$763 |
|
3741
NRX Pharmaceuticals
NRXP
$153M
| $420K | ﹤0.01% |
37,867
+5,804
| +18% | +$58.5K |
|
|
SCX
3742
DELISTED
The L.S. Starrett Company
SCX
| $420K | ﹤0.01% |
57,151
+1,077
| +2% | +$8.63K |
|
|
FATBB
3743
DELISTED
FAT Brands
FATBB
| $419K | ﹤0.01% |
125,903
-109
| -0.1% | -$456 |
|
3744
FreightCar America
RAIL
$260M
| $419K | ﹤0.01% |
131,148
+2,197
| +2% | +$8.22K |
|
|
MIRO
3745
DELISTED
Miromatrix Medical Inc. Common Stock
MIRO
| $417K | ﹤0.01% |
139,581
+2,847
| +2% | +$11.2K |
|
|
CGAU
3746
Centerra Gold
CGAU
$4.15B
| $416K | ﹤0.01% |
80,527
| – | – |
|
3747
Hudbay
HBM
$12.3B
| $416K | ﹤0.01% |
82,364
-904
| -1% | -$4.36K |
|
3748
GEE Group
JOB
$22.5M
| $415K | ﹤0.01% |
847,571
+5,367
| +0.6% | +$3.6K |
|
3749
SCYNEXIS
SCYX
$52M
| $415K | ﹤0.01% |
33,254
-2,095
| -6% | -$37K |
|
|
ONCT
3750
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
| $415K | ﹤0.01% |
20,779
+299
| +1% | +$5.95K |
|
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.