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
|
+$956M |
| 2 |
Apple
AAPL
|
+$935M |
| 3 |
Warner Bros
WBD
|
+$783M |
| 4 |
Home Depot
HD
|
+$626M |
| 5 |
Amazon
AMZN
|
+$476M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$734M |
| 2 |
CERN
Cerner Corp
CERN
|
+$600M |
| 3 |
Marathon Petroleum
MPC
|
+$180M |
| 4 |
PBCT
People's United Financial Inc
PBCT
|
+$169M |
| 5 |
S&P Global
SPGI
|
+$163M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.95% |
| 2 | Healthcare | 14.76% |
| 3 | Financials | 13.17% |
| 4 | Consumer Discretionary | 10.3% |
| 5 | Industrials | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTB
2526
HomeTrust Bancshares
HTB
$837M
| $6.73M | ﹤0.01% |
269,117
-4,440
| -2% | -$120K |
|
2527
Farmers & Merchants Bancorp
FMAO
$486M
| $6.72M | ﹤0.01% |
202,542
+110,416
| +120% | +$4.12M |
|
|
AMRS
2528
DELISTED
Amyris Inc.
AMRS
| $6.71M | ﹤0.01% |
3,626,290
+95,674
| +3% | +$282K |
|
2529
Waterstone Financial
WSBF
$385M
| $6.7M | ﹤0.01% |
393,218
-8,993
| -2% | -$155K |
|
|
FLIC
2530
DELISTED
First of Long Island Corp
FLIC
| $6.69M | ﹤0.01% |
381,702
+3,410
| +0.9% | +$63K |
|
2531
Workhorse Group
WKHS
$33.1M
| $6.69M | ﹤0.01% |
858
-74
| -8% | -$698K |
|
2532
uniQure
QURE
$3.26B
| $6.69M | ﹤0.01% |
358,707
+1,860
| +0.5% | +$29.6K |
|
|
STKL
2533
DELISTED
SunOpta
STKL
| $6.69M | ﹤0.01% |
859,489
+754,528
| +719% | +$4.97M |
|
2534
Nkarta
NKTX
$165M
| $6.67M | ﹤0.01% |
540,999
+286,763
| +113% | +$3.76M |
|
2535
Logitech
LOGI
$15B
| $6.66M | ﹤0.01% |
127,970
+3,821
| +3% | +$235K |
|
2536
Cogent Biosciences
COGT
$6.47B
| $6.66M | ﹤0.01% |
737,924
+141,262
| +24% | +$964K |
|
2537
Frontier Group Holdings
ULCC
$1.57B
| $6.66M | ﹤0.01% |
710,411
-46,160
| -6% | -$467K |
|
2538
First Internet Bancorp
INBK
$256M
| $6.65M | ﹤0.01% |
180,743
+333
| +0.2% | +$12.8K |
|
2539
IMAX
IMAX
$2.92B
| $6.64M | ﹤0.01% |
392,898
-31,298
| -7% | -$509K |
|
2540
Vaalco Energy
EGY
$592M
| $6.63M | ﹤0.01% |
955,788
+497,209
| +108% | +$3.56M |
|
|
CTO
2541
CTO Realty Growth
CTO
$823M
| $6.62M | ﹤0.01% |
324,912
+4,389
| +1% | +$92.2K |
|
2542
Capital City Bank Group
CCBG
$898M
| $6.62M | ﹤0.01% |
237,323
+6,225
| +3% | +$164K |
|
|
REVG
2543
DELISTED
REV Group
REVG
| $6.6M | ﹤0.01% |
606,899
+8,110
| +1% | +$96.1K |
|
|
MCW
2544
DELISTED
Mister Car Wash
MCW
| $6.59M | ﹤0.01% |
605,610
-5,168
| -0.8% | -$67.3K |
|
|
LOVE
2545
LoveSac
LOVE
$258M
| $6.57M | ﹤0.01% |
239,048
+1,389
| +0.6% | +$54K |
|
2546
FLEX LNG
FLNG
$1.64B
| $6.57M | ﹤0.01% |
+239,974
| New | +$6.71M |
|
2547
Southern Missouri Bancorp
SMBC
$850M
| $6.54M | ﹤0.01% |
144,523
+10,940
| +8% | +$495K |
|
|
ALBO
2548
DELISTED
Albireo Pharma Inc
ALBO
| $6.53M | ﹤0.01% |
328,701
-8,792
| -3% | -$232K |
|
2549
Seneca Foods Class A
SENEA
$1.31B
| $6.51M | ﹤0.01% |
117,262
-5,444
| -4% | -$297K |
|
2550
Protagonist Therapeutics
PTGX
$9.8B
| $6.5M | ﹤0.01% |
821,921
-11,000
| -1% | -$133K |
|
Similar funds
Geode Capital Management's Q2 2022 Portfolio in Review
As of Q2 2022, Geode Capital Management held 5,106 positions worth $683B, down 15% from $801B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Trading was light in Q2 2022: portfolio turnover was 4.3%. Geode Capital Management opened 131 new positions and exited 89, leaving the 5,106-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q2 2022 buy was Aspen Technology Inc: 402,046 shares worth $74M.
- Geode Capital Management added most to Microsoft in Q2 2022, an estimated $956M increase.
- Geode Capital Management's biggest Q2 2022 reduction was AT&T, cutting an estimated $734M.
- Geode Capital Management fully exited Cerner Corp in Q2 2022, selling an estimated $600M.
- Geode Capital Management's ten largest holdings make up 23% of its $683B portfolio in Q2 2022.
- Geode Capital Management opened 131 new positions and closed 89 in Q2 2022.
- Geode Capital Management's portfolio value fell 15% quarter-over-quarter to $683B.
Based on Geode Capital Management's 13F filing for Q2 2022, filed 12 Aug 2022.