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 | |
|---|---|---|---|---|---|---|
|
ISPO
3801
DELISTED
Inspirato
ISPO
| $382K | ﹤0.01% |
16,052
+38
| +0.2% | +$1.44K |
|
3802
Air T
AIRT
$86.1M
| $381K | ﹤0.01% |
15,215
-32
| -0.2% | -$708 |
|
3803
Leonardo DRS
DRS
$12B
| $380K | ﹤0.01% |
+29,760
| New | +$345K |
|
3804
Pro-Dex
PDEX
$209M
| $380K | ﹤0.01% |
24,303
-444
| -2% | -$7.94K |
|
3805
Regis Corp
RGS
$70.2M
| $380K | ﹤0.01% |
15,597
+262
| +2% | +$6.23K |
|
3806
Immunic
IMUX
$195M
| $378K | ﹤0.01% |
27,048
+5,371
| +25% | +$146K |
|
3807
Karooooo
KARO
$2B
| $378K | ﹤0.01% |
15,941
| – | – |
|
3808
Neonode
NEON
$16.2M
| $378K | ﹤0.01% |
68,882
+1,604
| +2% | +$6.98K |
|
|
ATIP
3809
DELISTED
ATI Physical Therapy, Inc.
ATIP
| $378K | ﹤0.01% |
24,841
+648
| +3% | +$21.9K |
|
|
KEEL
3810
Keel Infrastructure Corp
KEEL
$2.34B
| $377K | ﹤0.01% |
858,976
+347,366
| +68% | +$256K |
|
3811
XWELL
XWEL
$8.61M
| $377K | ﹤0.01% |
52,077
-113
| -0.2% | -$1.25K |
|
|
TRML
3812
DELISTED
Tourmaline Bio
TRML
| $375K | ﹤0.01% |
36,792
-553
| -1% | -$8.89K |
|
3813
TherapeuticsMD
TXMD
$24M
| $374K | ﹤0.01% |
+66,946
| New | +$394K |
|
|
SRT
3814
DELISTED
Startek Inc.
SRT
| $374K | ﹤0.01% |
99,828
+609
| +0.6% | +$2.15K |
|
|
AKU
3815
DELISTED
Akumin Inc
AKU
| $369K | ﹤0.01% |
514,401
-1,116
| -0.2% | -$1.5K |
|
3816
LiveOne
LVO
$58.2M
| $368K | ﹤0.01% |
57,336
+1,031
| +2% | +$7.05K |
|
|
STSA
3817
DELISTED
Satsuma Pharmaceuticals, Inc. Common Stock
STSA
| $368K | ﹤0.01% |
409,108
+217,663
| +114% | +$631K |
|
|
ORKA
3818
Oruka Therapeutics
ORKA
$5.96B
| $367K | ﹤0.01% |
12,970
-19
| -0.1% | -$487 |
|
3819
Research Frontiers
REFR
$17M
| $366K | ﹤0.01% |
190,823
-485
| -0.3% | -$1.1K |
|
|
CKPT
3820
DELISTED
Checkpoint Therapeutics
CKPT
| $365K | ﹤0.01% |
71,590
+2,048
| +3% | +$14.8K |
|
3821
AquaBounty Technologies
AQB
$6.02M
| $363K | ﹤0.01% |
23,759
-1,623
| -6% | -$22.1K |
|
|
HIVE
3822
HIVE Digital Technologies
HIVE
$777M
| $363K | ﹤0.01% |
252,703
+85,956
| +52% | +$219K |
|
3823
One Stop Systems
OSS
$330M
| $363K | ﹤0.01% |
120,811
+2,133
| +2% | +$6.66K |
|
3824
Beasley Broadcasting Group
BBGI
$40M
| $362K | ﹤0.01% |
19,708
-21
| -0.1% | -$429 |
|
3825
Equinox Gold
EQX
$13.5B
| $361K | ﹤0.01% |
110,634
-1,423
| -1% | -$4.91K |
|
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.