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 | |
|---|---|---|---|---|---|---|
|
CHUY
2276
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $9.84M | ﹤0.01% |
347,791
-4,066
| -1% | -$118K |
|
|
HCCI
2277
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $9.83M | ﹤0.01% |
302,605
+6,410
| +2% | +$193K |
|
2278
Nurix Therapeutics
NRIX
$2.65B
| $9.82M | ﹤0.01% |
894,216
+77,754
| +10% | +$938K |
|
2279
Business First Bancshares
BFST
$1.03B
| $9.77M | ﹤0.01% |
441,266
+77,289
| +21% | +$1.77M |
|
2280
NETGEAR
NTGR
$635M
| $9.77M | ﹤0.01% |
539,361
+20,859
| +4% | +$411K |
|
|
DENN
2281
DELISTED
Denny's
DENN
| $9.75M | ﹤0.01% |
1,058,600
+30,414
| +3% | +$329K |
|
2282
First Financial Corp
THFF
$969M
| $9.71M | ﹤0.01% |
210,824
-772
| -0.4% | -$36.5K |
|
|
ORGN
2283
DELISTED
Origin Materials
ORGN
| $9.71M | ﹤0.01% |
70,204
+614
| +0.9% | +$97.8K |
|
|
SI
2284
DELISTED
Silvergate Capital Corporation
SI
| $9.68M | ﹤0.01% |
556,509
+13,517
| +2% | +$536K |
|
|
HA
2285
DELISTED
Hawaiian Holdings, Inc.
HA
| $9.66M | ﹤0.01% |
942,034
+10,217
| +1% | +$136K |
|
|
ACCD
2286
DELISTED
Accolade Inc
ACCD
| $9.65M | ﹤0.01% |
1,238,961
+65,210
| +6% | +$623K |
|
2287
SiriusPoint
SPNT
$2.68B
| $9.65M | ﹤0.01% |
1,635,489
+11,081
| +0.7% | +$65.1K |
|
2288
ANI Pharmaceuticals
ANIP
$1.78B
| $9.63M | ﹤0.01% |
239,349
+10,557
| +5% | +$397K |
|
2289
Arrow Financial
AROW
$652M
| $9.62M | ﹤0.01% |
292,330
+11,802
| +4% | +$381K |
|
2290
Protagonist Therapeutics
PTGX
$9.44B
| $9.6M | ﹤0.01% |
879,891
+52,435
| +6% | +$442K |
|
|
LGF.B
2291
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $9.59M | ﹤0.01% |
1,765,422
+25,540
| +1% | +$169K |
|
2292
SandRidge Energy
SD
$503M
| $9.58M | ﹤0.01% |
562,503
+26,678
| +5% | +$499K |
|
2293
Acco Brands
ACCO
$407M
| $9.55M | ﹤0.01% |
1,708,924
+8,035
| +0.5% | +$41.8K |
|
|
TWOU
2294
DELISTED
2U Inc
TWOU
| $9.55M | ﹤0.01% |
50,764
+4,431
| +10% | +$879K |
|
2295
Portillo's
PTLO
$321M
| $9.55M | ﹤0.01% |
585,007
+122,240
| +26% | +$2.45M |
|
2296
Coastal Financial
CCB
$693M
| $9.53M | ﹤0.01% |
200,599
+14,864
| +8% | +$689K |
|
2297
SFL Corp
SFL
$1.61B
| $9.53M | ﹤0.01% |
1,033,589
+46,569
| +5% | +$452K |
|
|
VMEO
2298
DELISTED
Vimeo
VMEO
| $9.53M | ﹤0.01% |
2,777,582
+33,238
| +1% | +$128K |
|
2299
Cimpress
CMPR
$2.31B
| $9.52M | ﹤0.01% |
344,897
+8,658
| +3% | +$225K |
|
2300
Independent Bank Corp
IBCP
$844M
| $9.5M | ﹤0.01% |
397,230
+8,248
| +2% | +$188K |
|
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.