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 | |
|---|---|---|---|---|---|---|
2126
AnaptysBio
ANAB
$1.68B
| $12.1M | ﹤0.01% |
391,764
+23,165
| +6% | +$654K |
|
2127
Ethan Allen Interiors
ETD
$603M
| $12.1M | ﹤0.01% |
459,296
+7,968
| +2% | +$206K |
|
2128
GoPro
GPRO
$126M
| $12.1M | ﹤0.01% |
2,423,731
+73,233
| +3% | +$384K |
|
|
MTTR
2129
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $12.1M | ﹤0.01% |
4,301,518
+213,582
| +5% | +$683K |
|
|
UBA
2130
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $12.1M | ﹤0.01% |
635,931
+5,200
| +0.8% | +$95K |
|
2131
Green Brick Partners
GRBK
$3.14B
| $12M | ﹤0.01% |
496,284
+5,147
| +1% | +$119K |
|
2132
Usana Health Sciences
USNA
$286M
| $12M | ﹤0.01% |
225,960
+3,310
| +1% | +$179K |
|
2133
Simulations Plus
SLP
$371M
| $12M | ﹤0.01% |
328,363
+7,678
| +2% | +$323K |
|
2134
Gorman-Rupp
GRC
$2.21B
| $12M | ﹤0.01% |
467,751
+6,081
| +1% | +$161K |
|
2135
OrthoPediatrics
KIDS
$595M
| $12M | ﹤0.01% |
301,436
+36,821
| +14% | +$1.53M |
|
2136
Sweetgreen
SG
$642M
| $12M | ﹤0.01% |
1,395,291
+57,732
| +4% | +$842K |
|
2137
York Water
YORW
$514M
| $11.9M | ﹤0.01% |
264,753
+9,145
| +4% | +$397K |
|
2138
Sinclair Inc
SBGI
$1.03B
| $11.9M | ﹤0.01% |
767,063
+1,665
| +0.2% | +$29.6K |
|
2139
Riot Platforms
RIOT
$7.76B
| $11.8M | ﹤0.01% |
3,490,551
+879,902
| +34% | +$4.54M |
|
|
TWKS
2140
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $11.8M | ﹤0.01% |
1,159,005
+68,280
| +6% | +$634K |
|
2141
Anterix
ATEX
$1.94B
| $11.8M | ﹤0.01% |
366,891
+19,559
| +6% | +$666K |
|
2142
BioLife Solutions
BLFS
$1.7B
| $11.8M | ﹤0.01% |
647,467
+27,296
| +4% | +$564K |
|
2143
Cerus
CERS
$474M
| $11.8M | ﹤0.01% |
3,227,012
+80,508
| +3% | +$304K |
|
2144
Fulgent Genetics
FLGT
$527M
| $11.8M | ﹤0.01% |
395,530
-650
| -0.2% | -$23.3K |
|
2145
BlueLinx
BXC
$706M
| $11.8M | ﹤0.01% |
165,615
-284
| -0.2% | -$19.4K |
|
|
FNA
2146
DELISTED
Paragon 28, Inc.
FNA
| $11.8M | ﹤0.01% |
615,661
+27,891
| +5% | +$528K |
|
2147
Compass
COMP
$9.66B
| $11.7M | ﹤0.01% |
5,039,153
+151,944
| +3% | +$399K |
|
|
HSKA
2148
DELISTED
Heska Corp
HSKA
| $11.7M | ﹤0.01% |
188,667
+7,128
| +4% | +$481K |
|
2149
Ennis
EBF
$564M
| $11.7M | ﹤0.01% |
528,980
+2,178
| +0.4% | +$48.3K |
|
2150
WisdomTree
WT
$3.22B
| $11.7M | ﹤0.01% |
2,150,036
-38,120
| -2% | -$198K |
|
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.