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 | |
|---|---|---|---|---|---|---|
2751
AerSale
ASLE
$273M
| $4.52M | ﹤0.01% |
311,572
+32,819
| +12% | +$477K |
|
2752
Home Bancorp
HBCP
$569M
| $4.51M | ﹤0.01% |
132,311
-2,068
| -2% | -$75.7K |
|
|
ZEUS
2753
DELISTED
Olympic Steel
ZEUS
| $4.51M | ﹤0.01% |
175,373
+11,761
| +7% | +$396K |
|
2754
TaskUs
TASK
$667M
| $4.5M | ﹤0.01% |
266,641
+4,648
| +2% | +$118K |
|
2755
Aspen Aerogels
ASPN
$504M
| $4.49M | ﹤0.01% |
454,705
+49,198
| +12% | +$993K |
|
2756
Tango Therapeutics
TNGX
$4.32B
| $4.49M | ﹤0.01% |
990,500
+397,158
| +67% | +$2.4M |
|
|
VWE
2757
DELISTED
Vintage Wine Estates, Inc. Common Stock
VWE
| $4.48M | ﹤0.01% |
570,457
+286,830
| +101% | +$2.64M |
|
2758
Nano X Imaging
NNOX
$73.2M
| $4.47M | ﹤0.01% |
396,031
+347,214
| +711% | +$3.61M |
|
2759
Northeast Bank
NBN
$1.16B
| $4.46M | ﹤0.01% |
122,201
+48,026
| +65% | +$1.74M |
|
2760
Amylyx Pharmaceuticals
AMLX
$2.5B
| $4.46M | ﹤0.01% |
231,417
+41,267
| +22% | +$490K |
|
2761
Groupon
GRPN
$894M
| $4.46M | ﹤0.01% |
394,392
-24,645
| -6% | -$405K |
|
2762
Motorcar Parts of America
MPAA
$235M
| $4.45M | ﹤0.01% |
339,547
-683
| -0.2% | -$10.2K |
|
|
CELL
2763
DELISTED
PhenomeX Inc. Common Stock
CELL
| $4.45M | ﹤0.01% |
895,601
+172,172
| +24% | +$902K |
|
|
ESMT
2764
DELISTED
EngageSmart, Inc.
ESMT
| $4.45M | ﹤0.01% |
276,755
+133,393
| +93% | +$2.65M |
|
2765
Altimmune
ALT
$560M
| $4.44M | ﹤0.01% |
379,831
-261,990
| -41% | -$1.62M |
|
|
CYBE
2766
DELISTED
Cyberoptics Corp
CYBE
| $4.42M | ﹤0.01% |
126,607
+55,488
| +78% | +$2.27M |
|
|
AKRO
2767
DELISTED
Akero Therapeutics
AKRO
| $4.42M | ﹤0.01% |
467,985
+24,512
| +6% | +$256K |
|
2768
Perella Weinberg Partners
PWP
$1.33B
| $4.42M | ﹤0.01% |
758,600
+406,365
| +115% | +$2.94M |
|
2769
RLX Technology
RLX
$2.44B
| $4.42M | ﹤0.01% |
2,084,700
-255,298
| -11% | -$513K |
|
2770
Park Aerospace
PKE
$811M
| $4.41M | ﹤0.01% |
345,920
+11,933
| +4% | +$146K |
|
2771
Identive
INVE
$64.1M
| $4.41M | ﹤0.01% |
380,550
+21,444
| +6% | +$268K |
|
2772
ACNB Corp
ACNB
$660M
| $4.4M | ﹤0.01% |
148,206
+70,630
| +91% | +$2.36M |
|
2773
Tiptree Inc
TIPT
$677M
| $4.4M | ﹤0.01% |
414,266
+22,977
| +6% | +$258K |
|
2774
AXT Inc
AXTI
$5.07B
| $4.4M | ﹤0.01% |
750,661
+14,394
| +2% | +$84.8K |
|
2775
Rimini Street
RMNI
$470M
| $4.4M | ﹤0.01% |
731,503
+35,340
| +5% | +$210K |
|
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.