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 | |
|---|---|---|---|---|---|---|
2376
Allient
ALNT
$1.96B
| $8.44M | ﹤0.01% |
242,567
+14,605
| +6% | +$481K |
|
|
CIR
2377
DELISTED
CIRCOR International, Inc
CIR
| $8.43M | ﹤0.01% |
351,963
+14,377
| +4% | +$322K |
|
2378
FLEX LNG
FLNG
$1.64B
| $8.43M | ﹤0.01% |
257,914
+10,298
| +4% | +$344K |
|
2379
Inogen
INGN
$168M
| $8.42M | ﹤0.01% |
427,018
+8,495
| +2% | +$183K |
|
2380
Petrobras Class A
PBR.A
$105B
| $8.42M | ﹤0.01% |
905,983
| – | – |
|
2381
Domo
DOMO
$184M
| $8.35M | ﹤0.01% |
586,652
+25,453
| +5% | +$395K |
|
|
JOYY
2382
JOYY Inc
JOYY
$3.77B
| $8.34M | ﹤0.01% |
265,011
+1,496
| +0.6% | +$43.3K |
|
|
MOFG
2383
DELISTED
MidWestOne Financial Group
MOFG
| $8.33M | ﹤0.01% |
262,353
+7,906
| +3% | +$254K |
|
2384
Frontier Group Holdings
ULCC
$1.62B
| $8.28M | ﹤0.01% |
805,885
+30,042
| +4% | +$350K |
|
|
EB
2385
DELISTED
Eventbrite
EB
| $8.26M | ﹤0.01% |
1,408,776
+58,932
| +4% | +$385K |
|
2386
Sutro Biopharma
STRO
$423M
| $8.25M | ﹤0.01% |
102,108
+17,033
| +20% | +$1.18M |
|
2387
Blink Charging
BLNK
$84.1M
| $8.22M | ﹤0.01% |
749,360
+30,155
| +4% | +$411K |
|
2388
Marathon Digital Holdings
MARA
$3.71B
| $8.21M | ﹤0.01% |
2,400,669
+225,085
| +10% | +$1.89M |
|
2389
DXP Enterprises
DXPE
$3.01B
| $8.16M | ﹤0.01% |
296,266
+2,819
| +1% | +$74.9K |
|
2390
Anika Therapeutics
ANIK
$283M
| $8.16M | ﹤0.01% |
275,622
+11,421
| +4% | +$325K |
|
2391
Kiniksa Pharmaceuticals
KNSA
$5.99B
| $8.15M | ﹤0.01% |
544,337
+20,864
| +4% | +$304K |
|
|
TRTX
2392
TPG RE Finance Trust
TRTX
$606M
| $8.15M | ﹤0.01% |
1,200,759
+52,517
| +5% | +$387K |
|
|
VZIO
2393
DELISTED
VIZIO Holding Corp.
VZIO
| $8.15M | ﹤0.01% |
1,099,434
+51,931
| +5% | +$503K |
|
2394
America's Car Mart
CRMT
$26.6M
| $8.14M | ﹤0.01% |
112,662
+2,483
| +2% | +$169K |
|
|
SHOE
2395
Shoe Station Group
SHOE
$439M
| $8.13M | ﹤0.01% |
340,032
+11,798
| +4% | +$282K |
|
2396
Clear Channel Outdoor Holdings
CCO
$1.23B
| $8.12M | ﹤0.01% |
7,733,711
+277,944
| +4% | +$350K |
|
2397
Logitech
LOGI
$15.1B
| $8.11M | ﹤0.01% |
130,301
+630
| +0.5% | +$34.5K |
|
2398
Bionano Genomics
BNGO
$13.5M
| $8.1M | ﹤0.01% |
9,252
+484
| +6% | +$609K |
|
2399
Capital City Bank Group
CCBG
$882M
| $8.1M | ﹤0.01% |
249,297
+9,822
| +4% | +$334K |
|
|
INFA
2400
DELISTED
Informatica
INFA
| $8.08M | ﹤0.01% |
496,041
+41,985
| +9% | +$754K |
|
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.