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 | |
|---|---|---|---|---|---|---|
2726
1-800-Flowers.com
FLWS
$261M
| $4.72M | ﹤0.01% |
496,947
+42,676
| +9% | +$471K |
|
2727
BCB Bancorp
BCBP
$163M
| $4.72M | ﹤0.01% |
277,347
+121,997
| +79% | +$2.26M |
|
|
NPKI
2728
NPK International
NPKI
$1.18B
| $4.71M | ﹤0.01% |
1,526,098
-104,314
| -6% | -$400K |
|
2729
Banco Bradesco
BBD
$34.3B
| $4.7M | ﹤0.01% |
1,440,746
+13,684
| +1% | +$52.6K |
|
2730
Alkami Technology
ALKT
$2.22B
| $4.69M | ﹤0.01% |
337,903
+40,442
| +14% | +$512K |
|
|
BBUC
2731
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.01B
| $4.69M | ﹤0.01% |
+203,821
| New | +$5.5M |
|
|
QUOT
2732
DELISTED
Quotient Technology Inc
QUOT
| $4.67M | ﹤0.01% |
1,573,791
+26,435
| +2% | +$125K |
|
2733
Entravision Communication
EVC
$820M
| $4.66M | ﹤0.01% |
1,022,653
+26,526
| +3% | +$136K |
|
|
BCOV
2734
DELISTED
Brightcove, Inc.
BCOV
| $4.66M | ﹤0.01% |
737,960
+16,092
| +2% | +$113K |
|
2735
Aviat Networks
AVNW
$282M
| $4.63M | ﹤0.01% |
185,114
+4,596
| +3% | +$133K |
|
2736
Kodiak Sciences
KOD
$2.5B
| $4.63M | ﹤0.01% |
606,256
+85,897
| +17% | +$603K |
|
2737
Orrstown Financial Services
ORRF
$855M
| $4.62M | ﹤0.01% |
191,235
+3,647
| +2% | +$87.2K |
|
2738
Ascendis Pharma A/S
ASND
$16.2B
| $4.62M | ﹤0.01% |
49,696
+1,846
| +4% | +$174K |
|
2739
Astronics
ATRO
$4.57B
| $4.61M | ﹤0.01% |
544,280
+2,877
| +0.5% | +$26K |
|
2740
Itaú Unibanco
ITUB
$80.9B
| $4.6M | ﹤0.01% |
1,217,551
-4,065
| -0.3% | -$18.1K |
|
2741
Donegal Group Class A
DGICA
$696M
| $4.6M | ﹤0.01% |
269,686
+1,556
| +0.6% | +$23.3K |
|
2742
John Marshall Bancorp
JMSB
$328M
| $4.58M | ﹤0.01% |
+203,252
| New | +$5.28M |
|
2743
Ooma
OOMA
$574M
| $4.58M | ﹤0.01% |
386,768
-1,722
| -0.4% | -$22.9K |
|
2744
Rush Street Interactive
RSI
$2.85B
| $4.58M | ﹤0.01% |
980,328
+68,806
| +8% | +$410K |
|
2745
Centrus Energy
LEU
$3.83B
| $4.58M | ﹤0.01% |
184,953
+20,752
| +13% | +$573K |
|
2746
Lindblad Expeditions
LIND
$2.26B
| $4.58M | ﹤0.01% |
564,819
+8,663
| +2% | +$113K |
|
|
FREE
2747
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $4.55M | ﹤0.01% |
734,171
+65,400
| +10% | +$445K |
|
2748
Tredegar Corp
TG
$278M
| $4.55M | ﹤0.01% |
454,824
+22,776
| +5% | +$264K |
|
2749
BayCom
BCML
$339M
| $4.54M | ﹤0.01% |
219,370
+119,004
| +119% | +$2.62M |
|
2750
BioXcel Therapeutics
BTAI
$34.9M
| $4.54M | ﹤0.01% |
21,481
+2,007
| +10% | +$422K |
|
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.