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 | |
|---|---|---|---|---|---|---|
|
SWI
2351
DELISTED
SolarWinds Corporation Common Stock
SWI
| $8.76M | ﹤0.01% |
936,123
-2,145
| -0.2% | -$18.7K |
|
2352
AvePoint
AVPT
$2.71B
| $8.76M | ﹤0.01% |
2,130,314
+95,726
| +5% | +$410K |
|
2353
Farmers National Banc Corp
FMNB
$930M
| $8.75M | ﹤0.01% |
619,485
+47,742
| +8% | +$674K |
|
|
WOW
2354
DELISTED
WideOpenWest
WOW
| $8.74M | ﹤0.01% |
959,144
+50,741
| +6% | +$575K |
|
2355
Vishay Precision Group
VPG
$914M
| $8.69M | ﹤0.01% |
224,837
+8,206
| +4% | +$299K |
|
2356
The RMR Group
RMR
$332M
| $8.68M | ﹤0.01% |
307,407
+7,491
| +2% | +$204K |
|
2357
nLIGHT
LASR
$3.17B
| $8.67M | ﹤0.01% |
855,243
+50,646
| +6% | +$523K |
|
|
LGF.A
2358
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $8.67M | ﹤0.01% |
1,518,027
+126,228
| +9% | +$892K |
|
2359
Senseonics Holdings Inc
SENS
$366M
| $8.66M | ﹤0.01% |
420,345
+23,962
| +6% | +$553K |
|
2360
Haverty Furniture Companies
HVT
$454M
| $8.64M | ﹤0.01% |
289,080
-1,918
| -0.7% | -$56.1K |
|
2361
Energy Fuels
UUUU
$3.53B
| $8.64M | ﹤0.01% |
1,391,408
+52,664
| +4% | +$349K |
|
2362
Artesian Resources
ARTNA
$358M
| $8.63M | ﹤0.01% |
147,376
+6,384
| +5% | +$336K |
|
2363
CNB Financial Corp
CCNE
$1.03B
| $8.62M | ﹤0.01% |
362,539
+81,220
| +29% | +$2.01M |
|
|
WSR
2364
DELISTED
Whitestone REIT
WSR
| $8.6M | ﹤0.01% |
891,736
+38,489
| +5% | +$354K |
|
2365
Vaalco Energy
EGY
$594M
| $8.58M | ﹤0.01% |
1,881,995
+850,673
| +82% | +$4.27M |
|
|
SRDX
2366
DELISTED
Surmodics
SRDX
| $8.58M | ﹤0.01% |
251,424
+4,199
| +2% | +$141K |
|
2367
AMC Global Media
AMCX
$489M
| $8.56M | ﹤0.01% |
546,625
+8,061
| +1% | +$159K |
|
2368
Artivion
AORT
$1.32B
| $8.56M | ﹤0.01% |
706,756
+34,635
| +5% | +$416K |
|
2369
Core Laboratories
CLB
$521M
| $8.56M | ﹤0.01% |
422,412
+11,823
| +3% | +$229K |
|
2370
Lennar Class B
LEN.B
$20.8B
| $8.54M | ﹤0.01% |
120,218
+5,341
| +5% | +$347K |
|
2371
Oil States International
OIS
$491M
| $8.54M | ﹤0.01% |
1,145,529
+45,438
| +4% | +$281K |
|
2372
MasterCraft Boat Holdings
MCFT
$590M
| $8.54M | ﹤0.01% |
330,107
+3,710
| +1% | +$87.6K |
|
2373
ZIM Integrated Shipping Services
ZIM
$3.24B
| $8.49M | ﹤0.01% |
495,392
-2,066
| -0.4% | -$46K |
|
2374
IonQ
IONQ
$16.6B
| $8.49M | ﹤0.01% |
2,461,679
+107,027
| +5% | +$517K |
|
2375
Bar Harbor Bankshares
BHB
$666M
| $8.48M | ﹤0.01% |
264,696
+15,956
| +6% | +$476K |
|
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.