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 | |
|---|---|---|---|---|---|---|
|
KAMN
2151
DELISTED
Kaman Corp
KAMN
| $11.7M | ﹤0.01% |
524,969
+29,559
| +6% | +$716K |
|
2152
HealthStream
HSTM
$840M
| $11.7M | ﹤0.01% |
470,007
+16,260
| +4% | +$390K |
|
2153
Peapack-Gladstone Financial
PGC
$812M
| $11.7M | ﹤0.01% |
313,157
+7,495
| +2% | +$286K |
|
2154
Alpha and Omega Semiconductor
AOSL
$1.08B
| $11.7M | ﹤0.01% |
407,929
+16,766
| +4% | +$542K |
|
|
TBI
2155
Trueblue
TBI
$311M
| $11.6M | ﹤0.01% |
594,815
+15,425
| +3% | +$313K |
|
2156
Clearwater Paper
CLW
$376M
| $11.6M | ﹤0.01% |
307,763
+7,502
| +2% | +$292K |
|
2157
Flex
FLEX
$44.8B
| $11.6M | ﹤0.01% |
719,519
-159,151
| -18% | -$2.39M |
|
|
HONE
2158
DELISTED
HarborOne Bancorp
HONE
| $11.6M | ﹤0.01% |
837,101
+1,236
| +0.1% | +$17.6K |
|
|
FPI
2159
Farmland Partners
FPI
$432M
| $11.6M | ﹤0.01% |
929,096
+72,863
| +9% | +$962K |
|
2160
Lemonade
LMND
$4.1B
| $11.6M | ﹤0.01% |
845,997
+36,979
| +5% | +$731K |
|
|
SCS
2161
DELISTED
Steelcase
SCS
| $11.6M | ﹤0.01% |
1,634,272
+51,031
| +3% | +$377K |
|
|
AAMI
2162
Acadian Asset Management
AAMI
$3.19B
| $11.6M | ﹤0.01% |
561,450
+8,974
| +2% | +$169K |
|
2163
Metropolitan Bank Holding Corp
MCB
$1.15B
| $11.5M | ﹤0.01% |
196,787
+4,110
| +2% | +$260K |
|
2164
Arcutis Biotherapeutics
ARQT
$3.18B
| $11.5M | ﹤0.01% |
779,144
+44,900
| +6% | +$784K |
|
2165
Bristow Group
VTOL
$1.36B
| $11.5M | ﹤0.01% |
424,288
+10,974
| +3% | +$286K |
|
|
CTIC
2166
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $11.5M | ﹤0.01% |
1,913,754
+134,785
| +8% | +$736K |
|
2167
BJ's Restaurants
BJRI
$1.48B
| $11.5M | ﹤0.01% |
435,201
+15,251
| +4% | +$446K |
|
|
HSII
2168
DELISTED
Heidrick & Struggles
HSII
| $11.4M | ﹤0.01% |
409,335
-1,607
| -0.4% | -$45.5K |
|
2169
Hackett Group
HCKT
$287M
| $11.4M | ﹤0.01% |
561,928
+7,178
| +1% | +$152K |
|
2170
Horizon Bancorp
HBNC
$1.04B
| $11.4M | ﹤0.01% |
758,883
+30,492
| +4% | +$503K |
|
2171
Kelly Services Class A
KELYA
$528M
| $11.4M | ﹤0.01% |
677,022
+11,050
| +2% | +$177K |
|
|
GES
2172
DELISTED
Guess Inc
GES
| $11.4M | ﹤0.01% |
552,961
-27,058
| -5% | -$498K |
|
2173
Camden National
CAC
$976M
| $11.4M | ﹤0.01% |
273,669
+11,293
| +4% | +$480K |
|
2174
G-III Apparel Group
GIII
$1.5B
| $11.4M | ﹤0.01% |
832,205
+10,024
| +1% | +$169K |
|
2175
Hayward Holdings
HAYW
$3.36B
| $11.4M | ﹤0.01% |
1,213,193
+61,539
| +5% | +$572K |
|
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.