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 | |
|---|---|---|---|---|---|---|
2451
Republic Bancorp
RBCAA
$1.91B
| $7.33M | ﹤0.01% |
179,166
+8,861
| +5% | +$379K |
|
|
SLGC
2452
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $7.31M | ﹤0.01% |
2,913,248
+169,677
| +6% | +$473K |
|
2453
Carter Bankshares
CARE
$706M
| $7.3M | ﹤0.01% |
440,343
+17,913
| +4% | +$314K |
|
2454
TETRA Technologies
TTI
$1.28B
| $7.3M | ﹤0.01% |
2,109,496
+34,867
| +2% | +$136K |
|
|
IAS
2455
DELISTED
Integral Ad Science
IAS
| $7.27M | ﹤0.01% |
827,147
+35,164
| +4% | +$298K |
|
2456
MetroCity Bankshares
MCBS
$1.01B
| $7.27M | ﹤0.01% |
336,110
+12,816
| +4% | +$279K |
|
|
GLDD
2457
DELISTED
Great Lakes Dredge & Dock
GLDD
| $7.26M | ﹤0.01% |
1,221,109
+20,143
| +2% | +$142K |
|
|
ICPT
2458
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $7.24M | ﹤0.01% |
584,994
+137,216
| +31% | +$1.94M |
|
2459
Altimmune
ALT
$583M
| $7.22M | ﹤0.01% |
438,882
-37,185
| -8% | -$418K |
|
2460
Microvision
MVIS
$84.1M
| $7.21M | ﹤0.01% |
204,665
+10,061
| +5% | +$468K |
|
|
CVT
2461
DELISTED
Cvent Holding Corp. Common Stock
CVT
| $7.21M | ﹤0.01% |
1,335,282
+132,834
| +11% | +$736K |
|
|
FLIC
2462
DELISTED
First of Long Island Corp
FLIC
| $7.2M | ﹤0.01% |
400,196
+13,088
| +3% | +$237K |
|
|
ALBO
2463
DELISTED
Albireo Pharma Inc
ALBO
| $7.2M | ﹤0.01% |
333,211
+20,467
| +7% | +$433K |
|
|
INDT
2464
DELISTED
INDUS Realty Trust, Inc. (MD) Common Stock
INDT
| $7.2M | ﹤0.01% |
113,366
+7,057
| +7% | +$401K |
|
2465
Weibo
WB
$1.97B
| $7.17M | ﹤0.01% |
376,737
-14,550
| -4% | -$219K |
|
2466
Perella Weinberg Partners
PWP
$1.24B
| $7.16M | ﹤0.01% |
731,080
-9,815
| -1% | -$83.9K |
|
|
AMNB
2467
DELISTED
American National Bankshares Inc
AMNB
| $7.16M | ﹤0.01% |
193,990
+7,249
| +4% | +$264K |
|
2468
Sportsman's Warehouse
SPWH
$47.2M
| $7.16M | ﹤0.01% |
760,390
-43,723
| -5% | -$402K |
|
2469
FRP Holdings
FRPH
$416M
| $7.14M | ﹤0.01% |
265,314
+11,036
| +4% | +$315K |
|
2470
Sana Biotechnology
SANA
$1B
| $7.14M | ﹤0.01% |
1,808,364
+109,863
| +6% | +$537K |
|
2471
Johnson Outdoors
JOUT
$502M
| $7.14M | ﹤0.01% |
107,937
+1,248
| +1% | +$70.1K |
|
|
CIO
2472
DELISTED
City Office REIT
CIO
| $7.11M | ﹤0.01% |
849,024
-36,815
| -4% | -$354K |
|
2473
Utah Medical Products
UTMD
$228M
| $7.07M | ﹤0.01% |
70,326
+547
| +0.8% | +$49.9K |
|
2474
Custom Truck One Source
CTOS
$2.41B
| $7.06M | ﹤0.01% |
1,117,838
+51,214
| +5% | +$332K |
|
2475
Destination XL Group
DXLG
$32.7M
| $7.06M | ﹤0.01% |
1,045,834
+32,379
| +3% | +$208K |
|
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.