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 | |
|---|---|---|---|---|---|---|
|
AEVA
2651
Aeva Technologies
AEVA
$1.56B
| $5.48M | ﹤0.01% |
350,326
+1,529
| +0.4% | +$25.2K |
|
|
MAGN
2652
Magnera Corp
MAGN
$433M
| $5.48M | ﹤0.01% |
61,294
+2,180
| +4% | +$261K |
|
2653
American Public Education
APEI
$828M
| $5.48M | ﹤0.01% |
339,186
+6,217
| +2% | +$106K |
|
|
GNTY
2654
DELISTED
Guaranty Bancshares
GNTY
| $5.47M | ﹤0.01% |
150,886
-4,971
| -3% | -$176K |
|
2655
SelectQuote
SLQT
$126M
| $5.47M | ﹤0.01% |
2,204,829
+174,764
| +9% | +$448K |
|
2656
Mirum Pharmaceuticals
MIRM
$6.02B
| $5.46M | ﹤0.01% |
280,860
+84,422
| +43% | +$1.99M |
|
2657
Amalgamated Financial
AMAL
$1.53B
| $5.46M | ﹤0.01% |
276,081
+400
| +0.1% | +$7.72K |
|
|
TTCF
2658
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $5.44M | ﹤0.01% |
863,919
+36,625
| +4% | +$292K |
|
2659
C4 Therapeutics
CCCC
$502M
| $5.44M | ﹤0.01% |
721,425
+53,606
| +8% | +$472K |
|
2660
Ocular Therapeutix
OCUL
$2.22B
| $5.43M | ﹤0.01% |
1,351,425
-12,545
| -0.9% | -$47.4K |
|
|
EBTC
2661
DELISTED
Enterprise Bancorp
EBTC
| $5.39M | ﹤0.01% |
167,499
+2,868
| +2% | +$98K |
|
|
PARAA
2662
DELISTED
Paramount Global Class A
PARAA
| $5.38M | ﹤0.01% |
197,480
+3,777
| +2% | +$124K |
|
|
GBIO
2663
DELISTED
Generation Bio
GBIO
| $5.38M | ﹤0.01% |
82,050
+2,746
| +3% | +$180K |
|
2664
Mercer International
MERC
$33.8M
| $5.37M | ﹤0.01% |
408,002
-3,674
| -0.9% | -$54.4K |
|
2665
Custom Truck One Source
CTOS
$2.33B
| $5.35M | ﹤0.01% |
954,654
+20,788
| +2% | +$132K |
|
|
SHCR
2666
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $5.33M | ﹤0.01% |
3,376,812
+701,288
| +26% | +$1.72M |
|
2667
Sprinklr
CXM
$1.65B
| $5.32M | ﹤0.01% |
525,773
+74,314
| +16% | +$902K |
|
2668
CS Disco
LAW
$297M
| $5.3M | ﹤0.01% |
294,109
+41,664
| +17% | +$1.07M |
|
|
HRT
2669
DELISTED
HireRight Holdings Corporation
HRT
| $5.29M | ﹤0.01% |
372,529
-8,483
| -2% | -$132K |
|
|
PSTL
2670
Postal Realty Trust
PSTL
$701M
| $5.29M | ﹤0.01% |
355,008
+51,460
| +17% | +$823K |
|
|
SMMF
2671
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.29M | ﹤0.01% |
190,312
+5,666
| +3% | +$151K |
|
2672
NWPX Infrastructure Inc
NWPX
$1.11B
| $5.24M | ﹤0.01% |
175,081
+4,805
| +3% | +$143K |
|
2673
Radiant Logistics
RLGT
$406M
| $5.24M | ﹤0.01% |
705,628
+5,147
| +0.7% | +$33.1K |
|
2674
Sierra Bancorp
BSRR
$532M
| $5.23M | ﹤0.01% |
240,583
-3,473
| -1% | -$77.6K |
|
|
MLNK
2675
DELISTED
MeridianLink
MLNK
| $5.23M | ﹤0.01% |
312,992
-5,872
| -2% | -$101K |
|
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.