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 | |
|---|---|---|---|---|---|---|
1701
NeoGenomics
NEO
$2.13B
| $22.3M | ﹤0.01% |
2,408,779
+59,266
| +3% | +$552K |
|
1702
ePlus
PLUS
$2.34B
| $22.3M | ﹤0.01% |
502,589
+17,374
| +4% | +$811K |
|
1703
TriMas Corp
TRS
$1.44B
| $22.2M | ﹤0.01% |
801,914
+26,339
| +3% | +$704K |
|
1704
Perimeter Solutions
PRM
$5.77B
| $22.2M | ﹤0.01% |
2,432,393
-5,753
| -0.2% | -$50.6K |
|
1705
Standex International
SXI
$4.12B
| $22.2M | ﹤0.01% |
217,007
+6,012
| +3% | +$590K |
|
1706
Comstock Resources
CRK
$3.94B
| $22.2M | ﹤0.01% |
1,616,742
+50,938
| +3% | +$869K |
|
1707
Myriad Genetics
MYGN
$312M
| $22.1M | ﹤0.01% |
1,525,774
+55,004
| +4% | +$1.02M |
|
1708
Pediatrix Medical
MD
$2.2B
| $22.1M | ﹤0.01% |
1,486,951
+17,285
| +1% | +$282K |
|
|
EVBG
1709
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $22.1M | ﹤0.01% |
746,402
+33,640
| +5% | +$1.03M |
|
1710
Enova International
ENVA
$6.29B
| $22.1M | ﹤0.01% |
575,112
+11,837
| +2% | +$432K |
|
1711
Archrock
AROC
$5.8B
| $22.1M | ﹤0.01% |
2,456,577
+86,665
| +4% | +$694K |
|
|
WNS
1712
DELISTED
WNS Holdings
WNS
| $22M | ﹤0.01% |
275,292
+68,494
| +33% | +$5.65M |
|
1713
Capitol Federal Financial
CFFN
$1.1B
| $22M | ﹤0.01% |
2,544,711
+123,413
| +5% | +$1.02M |
|
|
BDN
1714
Brandywine Realty Trust
BDN
$554M
| $22M | ﹤0.01% |
3,577,507
+114,563
| +3% | +$737K |
|
1715
Talos Energy
TALO
$2.4B
| $22M | ﹤0.01% |
1,164,395
+52,688
| +5% | +$1.06M |
|
1716
Primoris Services
PRIM
$4.45B
| $21.9M | ﹤0.01% |
999,042
+33,844
| +4% | +$684K |
|
1717
Pegasystems
PEGA
$5.38B
| $21.8M | ﹤0.01% |
1,270,956
+112,640
| +10% | +$1.95M |
|
1718
Payoneer
PAYO
$2.41B
| $21.7M | ﹤0.01% |
3,971,934
+91,016
| +2% | +$571K |
|
|
MODV
1719
DELISTED
ModivCare
MODV
| $21.7M | ﹤0.01% |
241,962
+7,177
| +3% | +$640K |
|
|
ONT
1720
Onterris Inc
ONT
$580M
| $21.7M | ﹤0.01% |
489,008
+16,476
| +3% | +$697K |
|
1721
Sphere Entertainment
SPHR
$5.73B
| $21.7M | ﹤0.01% |
482,472
+21,316
| +5% | +$966K |
|
1722
Upbound Group
UPBD
$1.16B
| $21.7M | ﹤0.01% |
961,768
-1,605
| -0.2% | -$34.4K |
|
1723
Photronics
PLAB
$1.93B
| $21.7M | ﹤0.01% |
1,286,680
+181,133
| +16% | +$3.09M |
|
1724
Employers Holdings
EIG
$889M
| $21.6M | ﹤0.01% |
501,499
+20,951
| +4% | +$863K |
|
|
FSR
1725
DELISTED
Fisker Inc.
FSR
| $21.6M | ﹤0.01% |
2,966,861
+298,185
| +11% | +$2.22M |
|
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.