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 | |
|---|---|---|---|---|---|---|
2626
Colliers International
CIGI
$5.41B
| $5.76M | ﹤0.01% |
51,826
+1,314
| +3% | +$150K |
|
2627
Treace Medical Concepts
TMCI
$293M
| $5.75M | ﹤0.01% |
401,212
+39,633
| +11% | +$668K |
|
2628
Universal Electronics
UEIC
$66.6M
| $5.73M | ﹤0.01% |
224,235
-12,713
| -5% | -$356K |
|
2629
Paysafe
PSFE
$405M
| $5.72M | ﹤0.01% |
244,274
+132,933
| +119% | +$4.29M |
|
2630
Oscar Health
OSCR
$9.5B
| $5.72M | ﹤0.01% |
1,345,170
+1,035,410
| +334% | +$6.59M |
|
2631
Wheels Up
UP
$187M
| $5.71M | ﹤0.01% |
14,637
+7,008
| +92% | +$3.74M |
|
2632
Southern First Bancshares
SFST
$612M
| $5.7M | ﹤0.01% |
130,875
+3,619
| +3% | +$164K |
|
|
HT
2633
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $5.69M | ﹤0.01% |
580,310
-39,413
| -6% | -$394K |
|
2634
MVB Financial
MVBF
$397M
| $5.68M | ﹤0.01% |
182,706
+5,409
| +3% | +$204K |
|
|
SEI
2635
Solaris Energy Infrastructure
SEI
$3.94B
| $5.65M | ﹤0.01% |
519,685
-18,516
| -3% | -$223K |
|
2636
Shore Bancshares
SHBI
$799M
| $5.65M | ﹤0.01% |
305,540
+140,996
| +86% | +$2.79M |
|
2637
Plains All American Pipeline
PAA
$16.5B
| $5.64M | ﹤0.01% |
574,356
+1,753
| +0.3% | +$19K |
|
2638
Roivant Sciences
ROIV
$26.2B
| $5.63M | ﹤0.01% |
1,384,472
+94,293
| +7% | +$374K |
|
|
BVH
2639
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $5.63M | ﹤0.01% |
225,623
-10,897
| -5% | -$288K |
|
|
DSKE
2640
DELISTED
Daseke, Inc. Common Stock
DSKE
| $5.62M | ﹤0.01% |
879,758
-8,884
| -1% | -$67.9K |
|
2641
Ribbon Communications
RBBN
$377M
| $5.62M | ﹤0.01% |
1,847,742
+52,234
| +3% | +$158K |
|
2642
Oil States International
OIS
$526M
| $5.6M | ﹤0.01% |
1,033,721
-74,193
| -7% | -$518K |
|
2643
Carter Bankshares
CARE
$757M
| $5.56M | ﹤0.01% |
421,501
-24,839
| -6% | -$381K |
|
2644
Regional Management Corp
RM
$301M
| $5.56M | ﹤0.01% |
148,797
+7,586
| +5% | +$336K |
|
2645
Credo Technology Group
CRDO
$49.6B
| $5.54M | ﹤0.01% |
474,061
+95,897
| +25% | +$1.11M |
|
2646
Civista Bancshares
CIVB
$595M
| $5.52M | ﹤0.01% |
259,876
-5,190
| -2% | -$112K |
|
|
CIR
2647
DELISTED
CIRCOR International, Inc
CIR
| $5.52M | ﹤0.01% |
337,004
+3,621
| +1% | +$72.4K |
|
2648
Amneal Pharmaceuticals
AMRX
$6.02B
| $5.51M | ﹤0.01% |
1,731,568
+18,897
| +1% | +$68.5K |
|
2649
Costamare
CMRE
$1.74B
| $5.49M | ﹤0.01% |
454,018
+16,257
| +4% | +$226K |
|
|
EGIO
2650
DELISTED
Edgio, Inc. Common Stock
EGIO
| $5.49M | ﹤0.01% |
59,413
+212
| +0.4% | +$30.5K |
|
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.