Investment Giant Geode Capital Management's Q3 2022 vs. Q4 2022 Stock Portfolio Analysis

Geode Capital Management LLC recently released its Q3 2022 vs. Q4 2022 13F Holdings Comparison, which details the changes the investment management firm made to its stock portfolio. The report revealed that there were numerous changes to the firm's holdings in Q4 2022 compared to Q3 2022. In this article, we'll delve deeper into the report and discuss the notable changes made by Geode Capital Management during this period.

Before we proceed further, let's briefly explain what 13F is and who needs to file it. Section 13(f) of the Securities Exchange Act of 1934 requires institutional investment managers with assets under management (AUM) of over $100 million to file a quarterly report with the Securities and Exchange Commission (SEC) detailing their holdings in publicly traded stocks, options, and convertible debt securities.

Now, let's take a closer look at Geode Capital Management's Q3 2022 vs. Q4 2022 13F Holdings Comparison.

Geode Capital Management's Top Holders

According to the report, Geode Capital Management's top five holdings remained unchanged in Q4 2022 compared to Q3 2022. Apple Inc (AAPL) remained the top holder, with 282,749,817 shares valued at $36,671,884. Microsoft Corp (MSFT) and Amazon.com Inc (AMZN) held the second and third positions, respectively. Alphabet Inc-CL A (GOOGL) and Berkshire Hathaway Inc-CL B (BRK-B) rounded out the top five.

Geode Capital Management's Biggest Gainers

Geode Capital Management's biggest gainer in terms of shares held was ConocoPhillips (COP), which saw an increase of 8.6% to 22,396,021 shares. The firm also increased its holdings in Caterpillar Inc (CAT) by 1.2%, and United Parcel Service-CL B (UPS) by 2%.

Geode Capital Management's Biggest Losers

On the other hand, Geode Capital Management reduced its holdings in Netflix Inc (NFLX) by 1.6%, Tesla Inc (TSLA) by 3%, and Alphabet Inc-CL C (GOOG) by 1.1%. Amazon.com Inc (AMZN) had the most significant decrease in terms of shares held, with a 2.4% reduction to 161,534,790 shares.

Geode Capital Management's Top Sector Holdings

Geode Capital Management's top sector holdings remained technology-focused, with the Information Technology sector accounting for 34% of the firm's holdings. The Health Care and Consumer Discretionary sectors represented the second and third-largest sectors, accounting for 14.7% and 12.3% of holdings, respectively.

Geode Capital Management's Total Portfolio Value

According to the Q3 2022 vs. Q4 2022 13F Holdings Comparison report, Geode Capital Management's total portfolio value decreased from $369,263,698 in Q3 2022 to $356,332,035 in Q4 2022, representing a 3.5% decrease. Despite the decline, the firm's 13F filings indicate that it is continuing to make strategic investment moves.

Conclusion

In conclusion, Geode Capital Management's Q3 2022 vs. Q4 2022 13F Holdings Comparison report revealed that the firm made several notable changes to its stock portfolio during this period. While some positions increased, others decreased, and the firm's total portfolio value declined. Nevertheless, Geode Capital Management's focus on the technology sector, including top holdings like Apple Inc and Microsoft Corp, indicates that the firm remains optimistic about the long-term prospects of these investments. Overall, Geode Capital Management's Q3 2022 vs. Q4 2022 13F Holdings Comparison report highlights how the firm is strategically managing its stock portfolio and positioning itself for continued success.