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 | |
|---|---|---|---|---|---|---|
|
AGTI
2326
DELISTED
Agiliti Inc
AGTI
| $9.12M | ﹤0.01% |
559,443
+37,432
| +7% | +$618K |
|
2327
Argan
AGX
$8.37B
| $9.11M | ﹤0.01% |
247,130
-4,129
| -2% | -$145K |
|
2328
Aspen Aerogels
ASPN
$518M
| $9.11M | ﹤0.01% |
772,596
+254,218
| +49% | +$2.91M |
|
2329
CRH
CRH
$66.8B
| $9.09M | ﹤0.01% |
228,487
-38,127
| -14% | -$1.43M |
|
2330
Enviri
NVRI
$620M
| $9.09M | ﹤0.01% |
1,445,070
+60,480
| +4% | +$360K |
|
|
PRSU
2331
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $9.07M | ﹤0.01% |
372,085
+17,024
| +5% | +$527K |
|
|
AMK
2332
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $9.05M | ﹤0.01% |
393,666
+17,978
| +5% | +$396K |
|
|
PLYA
2333
DELISTED
Playa Hotels & Resorts
PLYA
| $9.05M | ﹤0.01% |
1,386,388
+36,283
| +3% | +$215K |
|
2334
8x8 Inc
EGHT
$332M
| $9.03M | ﹤0.01% |
2,090,763
+58,778
| +3% | +$236K |
|
2335
Opendoor
OPEN
$3.38B
| $9.02M | ﹤0.01% |
8,038,527
+374,614
| +5% | +$718K |
|
2336
Lightwave Logic
LWLG
$1.25B
| $9.01M | ﹤0.01% |
2,091,598
+120,632
| +6% | +$857K |
|
|
RAPT
2337
DELISTED
RAPT Therapeutics
RAPT
| $9.01M | ﹤0.01% |
56,863
+3,720
| +7% | +$595K |
|
|
RUTH
2338
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $8.96M | ﹤0.01% |
578,715
+18,426
| +3% | +$324K |
|
2339
Seres Therapeutics
MCRB
$48.9M
| $8.91M | ﹤0.01% |
79,520
+4,195
| +6% | +$562K |
|
2340
Braze
BRZE
$2.99B
| $8.88M | ﹤0.01% |
325,643
+25,611
| +9% | +$715K |
|
2341
Equity Bancshares
EQBK
$1.05B
| $8.88M | ﹤0.01% |
271,723
+4,761
| +2% | +$164K |
|
2342
Quanterix
QTRX
$190M
| $8.87M | ﹤0.01% |
640,159
+21,726
| +4% | +$250K |
|
2343
MaxCyte
MXCT
$126M
| $8.86M | ﹤0.01% |
1,623,061
+48,935
| +3% | +$300K |
|
2344
Children's Place
PLCE
$59.8M
| $8.85M | ﹤0.01% |
242,998
+8,305
| +4% | +$311K |
|
|
OLPX
2345
DELISTED
Olaplex Holdings
OLPX
| $8.84M | ﹤0.01% |
1,696,889
+42,827
| +3% | +$254K |
|
2346
V2X
VVX
$2.65B
| $8.84M | ﹤0.01% |
214,083
+10,278
| +5% | +$407K |
|
|
EHAB
2347
DELISTED
Enhabit
EHAB
| $8.79M | ﹤0.01% |
667,790
+45,589
| +7% | +$608K |
|
|
BORR
2348
Borr Drilling
BORR
$1.19B
| $8.78M | ﹤0.01% |
1,766,413
+133,805
| +8% | +$595K |
|
2349
Lifestance Health
LFST
$4.14B
| $8.77M | ﹤0.01% |
1,775,631
+29,283
| +2% | +$181K |
|
|
BRMK
2350
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $8.77M | ﹤0.01% |
2,463,535
+63,194
| +3% | +$294K |
|
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.