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 | |
|---|---|---|---|---|---|---|
2551
Nuvation Bio
NUVB
$2.14B
| $6.49M | ﹤0.01% |
2,003,234
-270,237
| -12% | -$1.18M |
|
2552
Peoples Financial Services
PFIS
$717M
| $6.49M | ﹤0.01% |
116,224
+2,664
| +2% | +$136K |
|
2553
Cullinan Oncology
CGEM
$1.26B
| $6.47M | ﹤0.01% |
504,994
+62,453
| +14% | +$708K |
|
2554
Citizens & Northern Corp
CZNC
$466M
| $6.47M | ﹤0.01% |
267,667
-282
| -0.1% | -$6.83K |
|
|
SGFY
2555
DELISTED
Signify Health, Inc.
SGFY
| $6.46M | ﹤0.01% |
468,153
+18,258
| +4% | +$257K |
|
2556
MetroCity Bankshares
MCBS
$1.05B
| $6.46M | ﹤0.01% |
318,065
+4,858
| +2% | +$101K |
|
|
AMNB
2557
DELISTED
American National Bankshares Inc
AMNB
| $6.46M | ﹤0.01% |
186,607
+4,511
| +2% | +$160K |
|
2558
Manitowoc
MTW
$753M
| $6.46M | ﹤0.01% |
613,165
-1,731
| -0.3% | -$21.7K |
|
|
KZR
2559
DELISTED
Kezar Life Sciences
KZR
| $6.42M | ﹤0.01% |
77,611
+10,188
| +15% | +$899K |
|
2560
SmartFinancial
SMBK
$899M
| $6.41M | ﹤0.01% |
265,237
+16,888
| +7% | +$420K |
|
|
TPC
2561
Tutor Perini Cor
TPC
$4.98B
| $6.41M | ﹤0.01% |
729,581
+12,139
| +2% | +$117K |
|
|
RAD
2562
DELISTED
Rite Aid Corporation
RAD
| $6.4M | ﹤0.01% |
949,456
-76,744
| -7% | -$508K |
|
|
FFAI
2563
Faraday Future Intelligent Electric
FFAI
$12M
| $6.39M | ﹤0.01% |
2
+1
| +100% | +$4.41M |
|
2564
Liquidity Services
LQDT
$1.35B
| $6.37M | ﹤0.01% |
473,725
+21,812
| +5% | +$321K |
|
2565
Organogenesis Holdings
ORGO
$226M
| $6.37M | ﹤0.01% |
1,304,595
-26,857
| -2% | -$165K |
|
2566
Energy Fuels
UUUU
$3.64B
| $6.37M | ﹤0.01% |
1,296,673
+5,302
| +0.4% | +$37.5K |
|
2567
Bar Harbor Bankshares
BHB
$681M
| $6.36M | ﹤0.01% |
246,002
-2,856
| -1% | -$75.6K |
|
2568
DMC Global
BOOM
$153M
| $6.35M | ﹤0.01% |
352,230
+6,338
| +2% | +$156K |
|
|
STER
2569
DELISTED
Sterling Check Corp. Common Stock
STER
| $6.34M | ﹤0.01% |
388,635
+42,510
| +12% | +$903K |
|
2570
ADMA Biologics
ADMA
$2.11B
| $6.32M | ﹤0.01% |
3,192,128
+1,474,049
| +86% | +$2.9M |
|
2571
Excelerate Energy
EE
$1.12B
| $6.32M | ﹤0.01% |
+317,241
| New | +$8.05M |
|
2572
Outdoor Holding Co
POWW
$255M
| $6.31M | ﹤0.01% |
1,639,685
+43,249
| +3% | +$180K |
|
2573
Mid Penn Bancorp
MPB
$971M
| $6.3M | ﹤0.01% |
233,651
+5,371
| +2% | +$143K |
|
2574
Aurora
AUR
$13.4B
| $6.28M | ﹤0.01% |
3,289,785
+614,962
| +23% | +$2.26M |
|
2575
Crescent Energy
CRGY
$3.93B
| $6.27M | ﹤0.01% |
502,495
+32,629
| +7% | +$544K |
|
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.