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 | |
|---|---|---|---|---|---|---|
3751
Live Ventures
LIVE
$29.6M
| $414K | ﹤0.01% |
13,228
+91
| +0.7% | +$2.29K |
|
|
IGAC
3752
DELISTED
IG Acquisition Corp. Class A Common Stock
IGAC
| $414K | ﹤0.01% |
41,208
| – | – |
|
3753
BayFirst Financial Corp
BAFN
$34M
| $413K | ﹤0.01% |
24,741
+256
| +1% | +$4.24K |
|
3754
Contango Silver & Gold Inc
CTGO
$652M
| $413K | ﹤0.01% |
18,775
+230
| +1% | +$5.91K |
|
|
TAST
3755
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $412K | ﹤0.01% |
303,374
-663
| -0.2% | -$1.03K |
|
|
ALTU
3756
DELISTED
Altitude Acquisition Corp
ALTU
| $412K | ﹤0.01% |
41,617
| – | – |
|
3757
Gogoro
GGR
$51.2M
| $411K | ﹤0.01% |
6,474
+783
| +14% | +$52.2K |
|
3758
Arqit Quantum
ARQQ
$399M
| $409K | ﹤0.01% |
4,538
+287
| +7% | +$42.1K |
|
3759
Ero Copper
ERO
$3.58B
| $409K | ﹤0.01% |
29,751
-6,122
| -17% | -$75.7K |
|
|
FGH
3760
DELISTED
FG Group Holdings Inc.
FGH
| $409K | ﹤0.01% |
156,182
-447
| -0.3% | -$1.08K |
|
3761
Afya
AFYA
$1.27B
| $408K | ﹤0.01% |
26,135
| – | – |
|
|
EFXT
3762
Enerflex
EFXT
$2.44B
| $408K | ﹤0.01% |
+57,352
| New | +$333K |
|
3763
Magyar Bancorp
MGYR
$123M
| $408K | ﹤0.01% |
31,890
+848
| +3% | +$10.8K |
|
3764
Trevi Therapeutics
TRVI
$2.64B
| $408K | ﹤0.01% |
211,547
+11,326
| +6% | +$22.3K |
|
|
TTM
3765
DELISTED
Tata Motors Limited
TTM
| $408K | ﹤0.01% |
17,673
-143
| -0.8% | -$3.58K |
|
|
ICAD
3766
DELISTED
iCAD Inc
ICAD
| $406K | ﹤0.01% |
222,163
+3,261
| +1% | +$6.08K |
|
|
SAND
3767
DELISTED
Sandstorm Gold
SAND
| $406K | ﹤0.01% |
77,365
| – | – |
|
3768
Endava
DAVA
$156M
| $404K | ﹤0.01% |
5,285
+4
| +0.1% | +$297 |
|
3769
Arq
ARQ
$89.3M
| $404K | ﹤0.01% |
166,492
+1,835
| +1% | +$4.99K |
|
|
PTOC
3770
DELISTED
Pine Technology Acquisition Corp. Class A Common Stock
PTOC
| $404K | ﹤0.01% |
40,041
| – | – |
|
3771
Great Elm Group
GEG
$69.3M
| $403K | ﹤0.01% |
199,926
-447
| -0.2% | -$895 |
|
3772
IAMGOLD
IAG
$10.5B
| $403K | ﹤0.01% |
157,417
-2,504
| -2% | -$4.35K |
|
3773
Idaho Strategic Resources
IDR
$557M
| $403K | ﹤0.01% |
70,813
+400
| +0.6% | +$2.24K |
|
|
ORGS
3774
DELISTED
Orgenesis Inc. Common Stock
ORGS
| $403K | ﹤0.01% |
20,675
+719
| +4% | +$12.2K |
|
3775
Heritage Insurance Holdings
HRTG
$991M
| $402K | ﹤0.01% |
223,818
-579
| -0.3% | -$955 |
|
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.