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 | |
|---|---|---|---|---|---|---|
2701
South Plains Financial
SPFI
$859M
| $4.93M | ﹤0.01% |
204,285
+13,542
| +7% | +$331K |
|
2702
Atlanta Braves Holdings Series A
BATRA
$3.64B
| $4.93M | ﹤0.01% |
195,999
+4,354
| +2% | +$115K |
|
2703
GCM Grosvenor
GCMG
$2.85B
| $4.92M | ﹤0.01% |
718,809
+5,214
| +0.7% | +$42.5K |
|
2704
Primis Financial Corp
FRST
$413M
| $4.92M | ﹤0.01% |
361,043
-13,436
| -4% | -$180K |
|
2705
Blue Ridge Bankshares
BRBS
$336M
| $4.92M | ﹤0.01% |
321,113
+3,130
| +1% | +$46.4K |
|
|
INBX
2706
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $4.92M | ﹤0.01% |
433,119
-17,321
| -4% | -$255K |
|
|
HDSN
2707
Hudson Technologies
HDSN
$239M
| $4.91M | ﹤0.01% |
654,008
+332,117
| +103% | +$2.74M |
|
2708
Skillsoft
SKIL
$78.4M
| $4.91M | ﹤0.01% |
69,709
+41,149
| +144% | +$4.24M |
|
2709
Daily Journal
DJCO
$828M
| $4.9M | ﹤0.01% |
18,945
-244
| -1% | -$65.7K |
|
|
STR
2710
DELISTED
Sitio Royalties
STR
| $4.9M | ﹤0.01% |
211,273
+28,556
| +16% | +$791K |
|
2711
EverCommerce
EVCM
$1.79B
| $4.88M | ﹤0.01% |
540,153
-25,010
| -4% | -$270K |
|
2712
DoubleVerify
DV
$2.04B
| $4.88M | ﹤0.01% |
215,308
+11,874
| +6% | +$267K |
|
|
GTYH
2713
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $4.87M | ﹤0.01% |
777,515
+37,330
| +5% | +$191K |
|
2714
Foghorn Therapeutics
FHTX
$385M
| $4.85M | ﹤0.01% |
356,507
+6,323
| +2% | +$81.6K |
|
2715
Hippo Holdings
HIPO
$869M
| $4.84M | ﹤0.01% |
220,457
+93,622
| +74% | +$3.46M |
|
|
AMPS
2716
DELISTED
Altus Power
AMPS
| $4.84M | ﹤0.01% |
767,012
+412,472
| +116% | +$2.76M |
|
2717
Arbutus Biopharma
ABUS
$906M
| $4.84M | ﹤0.01% |
1,785,042
+55,064
| +3% | +$141K |
|
2718
Alto Ingredients
ALTO
$326M
| $4.83M | ﹤0.01% |
1,303,238
+15,584
| +1% | +$81.4K |
|
2719
Allient
ALNT
$1.86B
| $4.81M | ﹤0.01% |
210,686
+4,018
| +2% | +$98.8K |
|
2720
Braze
BRZE
$3.36B
| $4.8M | ﹤0.01% |
132,644
+38,746
| +41% | +$1.42M |
|
|
LL
2721
DELISTED
LL Flooring Holdings, Inc.
LL
| $4.79M | ﹤0.01% |
511,805
-8,406
| -2% | -$103K |
|
|
PCSB
2722
DELISTED
PCSB Financial Corporation
PCSB
| $4.79M | ﹤0.01% |
251,204
-15,118
| -6% | -$285K |
|
|
BRT
2723
BRT Apartments
BRT
$269M
| $4.79M | ﹤0.01% |
223,071
+5,368
| +2% | +$118K |
|
2724
Lifecore Biomedical
LFCR
$179M
| $4.77M | ﹤0.01% |
478,430
+6,945
| +1% | +$68.8K |
|
2725
Covenant Logistics
CVLG
$880M
| $4.75M | ﹤0.01% |
378,856
-34,464
| -8% | -$370K |
|
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.