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 | |
|---|---|---|---|---|---|---|
3826
RF Industries
RFIL
$139M
| $359K | ﹤0.01% |
70,404
-187
| -0.3% | -$983 |
|
|
IROQ
3827
DELISTED
IF Bancorp
IROQ
| $358K | ﹤0.01% |
20,793
-22
| -0.1% | -$407 |
|
3828
Lightbridge
LTBR
$311M
| $355K | ﹤0.01% |
91,371
+2,987
| +3% | +$14.1K |
|
3829
Nomad Foods
NOMD
$1.68B
| $355K | ﹤0.01% |
20,601
+54
| +0.3% | +$855 |
|
|
VTRU
3830
DELISTED
Vitru Limited Common Shares
VTRU
| $355K | ﹤0.01% |
15,786
+2,254
| +17% | +$48.4K |
|
3831
PAVmed
PAVM
$33.9M
| $352K | ﹤0.01% |
1,632
+13
| +0.8% | +$4.91K |
|
3832
Hyperfine
HYPR
$101M
| $351K | ﹤0.01% |
418,970
-997
| -0.2% | -$903 |
|
|
ACQR
3833
DELISTED
Independence Holdings Corp. Class A Ordinary Share
ACQR
| $350K | ﹤0.01% |
34,694
| – | – |
|
3834
Aquestive Therapeutics
AQST
$494M
| $349K | ﹤0.01% |
387,575
+21,676
| +6% | +$20.4K |
|
3835
Lantern Pharma
LTRN
$36.5M
| $348K | ﹤0.01% |
57,774
-135
| -0.2% | -$676 |
|
3836
Gaia
GAIA
$48.4M
| $347K | ﹤0.01% |
145,978
+2,147
| +1% | +$5.31K |
|
3837
Quantum Computing Inc
QUBT
$2.07B
| $347K | ﹤0.01% |
230,275
+7,170
| +3% | +$14.6K |
|
|
AXDX
3838
DELISTED
Accelerate Diagnostics
AXDX
| $346K | ﹤0.01% |
49,048
+2,735
| +6% | +$29.9K |
|
3839
Bogota Financial
BSBK
$111M
| $344K | ﹤0.01% |
30,775
+590
| +2% | +$6.66K |
|
3840
ECARX Holdings
ECX
$432M
| $344K | ﹤0.01% |
+43,150
| New | +$362K |
|
|
RVLP
3841
DELISTED
RVL Pharmaceuticals plc Ordinary Shares
RVLP
| $344K | ﹤0.01% |
307,266
+2,884
| +0.9% | +$4.6K |
|
3842
KALA BIO
KALA
$14.5M
| $340K | ﹤0.01% |
179
| – | – |
|
3843
VistaGen Therapeutics
VTGN
$12.8M
| $337K | ﹤0.01% |
109,087
-3,569
| -3% | -$13.4K |
|
|
EMKR
3844
DELISTED
Emcore Corp
EMKR
| $336K | ﹤0.01% |
34,983
+441
| +1% | +$6.29K |
|
3845
Denison Mines
DNN
$2.91B
| $335K | ﹤0.01% |
292,869
+8,335
| +3% | +$9.87K |
|
3846
Perma-Fix Environmental Services
PESI
$383M
| $335K | ﹤0.01% |
94,958
+1,742
| +2% | +$6.7K |
|
3847
US Global Investors
GROW
$38.5M
| $331K | ﹤0.01% |
114,541
+1,232
| +1% | +$3.53K |
|
|
SOHU
3848
Sohu.com
SOHU
$357M
| $331K | ﹤0.01% |
24,154
| – | – |
|
|
PARA
3849
Banzai International
PARA
$5.83M
| $330K | ﹤0.01% |
3
| – | – |
|
3850
Sonida Senior Living
SNDA
$1.91B
| $330K | ﹤0.01% |
26,406
-63
| -0.2% | -$946 |
|
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.