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 | |
|---|---|---|---|---|---|---|
|
ALX
2201
Alexander's
ALX
$1.41B
| $11M | ﹤0.01% |
49,976
-552
| -1% | -$126K |
|
2202
Rayonier Advanced Materials
RYAM
$610M
| $11M | ﹤0.01% |
1,142,938
+42,936
| +4% | +$273K |
|
|
BRSP
2203
BrightSpire Capital
BRSP
$648M
| $11M | ﹤0.01% |
1,760,750
+47,527
| +3% | +$330K |
|
2204
Midland States Bancorp
MSBI
$695M
| $11M | ﹤0.01% |
411,829
+20,471
| +5% | +$544K |
|
2205
Castle Biosciences
CSTL
$979M
| $11M | ﹤0.01% |
465,667
+20,004
| +4% | +$464K |
|
2206
DHT Holdings
DHT
$3.02B
| $10.9M | ﹤0.01% |
1,230,344
+56,601
| +5% | +$515K |
|
2207
Samsara
IOT
$23.8B
| $10.9M | ﹤0.01% |
878,557
+192,774
| +28% | +$2.19M |
|
|
DOO
2208
Bombardier Recreational Products
DOO
$4.77B
| $10.9M | ﹤0.01% |
143,719
+537
| +0.4% | +$37.4K |
|
2209
PC Connection
CNXN
$2.12B
| $10.9M | ﹤0.01% |
232,730
+9,613
| +4% | +$483K |
|
|
ME
2210
DELISTED
23andMe Holding Co
ME
| $10.9M | ﹤0.01% |
252,646
+21,219
| +9% | +$1.24M |
|
2211
Grid Dynamics Holdings
GDYN
$615M
| $10.9M | ﹤0.01% |
971,951
+59,290
| +6% | +$769K |
|
|
CATC
2212
DELISTED
CAMBRIDGE BANCORP
CATC
| $10.9M | ﹤0.01% |
131,101
+9,727
| +8% | +$832K |
|
|
MYOV
2213
DELISTED
Myovant Sciences Ltd.
MYOV
| $10.9M | ﹤0.01% |
403,529
+8,073
| +2% | +$212K |
|
|
CHS
2214
DELISTED
Chicos FAS, Inc.
CHS
| $10.9M | ﹤0.01% |
2,210,324
+93,670
| +4% | +$527K |
|
|
BRY
2215
DELISTED
Berry Corp
BRY
| $10.9M | ﹤0.01% |
1,359,096
+31,435
| +2% | +$269K |
|
2216
Autohome
ATHM
$2.62B
| $10.8M | ﹤0.01% |
355,116
+19
| +0% | +$565 |
|
2217
Corsair Gaming
CRSR
$1.55B
| $10.8M | ﹤0.01% |
794,961
+58,894
| +8% | +$856K |
|
2218
CEVA Inc
CEVA
$1.08B
| $10.8M | ﹤0.01% |
421,590
+7,471
| +2% | +$201K |
|
2219
Life Time Group Holdings
LTH
$9.79B
| $10.8M | ﹤0.01% |
899,380
+43,819
| +5% | +$500K |
|
2220
OneSpaWorld
OSW
$2.66B
| $10.7M | ﹤0.01% |
1,150,920
+36,397
| +3% | +$344K |
|
|
TA
2221
DELISTED
TravelCenters of America LLC
TA
| $10.7M | ﹤0.01% |
239,711
+10,609
| +5% | +$549K |
|
2222
Allogene Therapeutics
ALLO
$694M
| $10.7M | ﹤0.01% |
1,706,460
+77,793
| +5% | +$720K |
|
2223
Rocket Companies
RKT
$38.9B
| $10.7M | ﹤0.01% |
1,532,122
+86,210
| +6% | +$629K |
|
|
PNT
2224
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $10.7M | ﹤0.01% |
1,470,260
+207,662
| +16% | +$1.54M |
|
2225
Stagwell
STGW
$2.24B
| $10.7M | ﹤0.01% |
1,725,442
+58,803
| +4% | +$424K |
|
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.