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 | |
|---|---|---|---|---|---|---|
2801
Seres Therapeutics
MCRB
$45M
| $4.18M | ﹤0.01% |
60,937
+471
| +0.8% | +$40.6K |
|
|
TRUE
2802
DELISTED
TrueCar
TRUE
| $4.17M | ﹤0.01% |
1,609,794
-96,157
| -6% | -$319K |
|
|
CWAN
2803
DELISTED
Clearwater Analytics
CWAN
| $4.16M | ﹤0.01% |
345,124
+52,530
| +18% | +$849K |
|
2804
Blend Labs
BLND
$367M
| $4.14M | ﹤0.01% |
1,754,052
+1,551,297
| +765% | +$5.8M |
|
2805
SoundThinking
SSTI
$107M
| $4.13M | ﹤0.01% |
153,666
+1,833
| +1% | +$51.3K |
|
|
SRG
2806
Seritage Growth Properties
SRG
$128M
| $4.11M | ﹤0.01% |
788,547
+80,539
| +11% | +$718K |
|
|
IMGO
2807
DELISTED
Imago BioSciences, Inc. Common stock
IMGO
| $4.1M | ﹤0.01% |
306,496
+42,458
| +16% | +$674K |
|
2808
iRadimed
IRMD
$1.11B
| $4.1M | ﹤0.01% |
120,712
+6,226
| +5% | +$223K |
|
|
RIDE
2809
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $4.08M | ﹤0.01% |
172,234
+25,573
| +17% | +$824K |
|
2810
eHealth
EHTH
$38.8M
| $4.08M | ﹤0.01% |
437,338
+28,301
| +7% | +$288K |
|
2811
Colony Bankcorp
CBAN
$471M
| $4.07M | ﹤0.01% |
269,712
+183,847
| +214% | +$3.07M |
|
2812
Amplify Energy
AMPY
$200M
| $4.06M | ﹤0.01% |
621,348
+277,865
| +81% | +$2.05M |
|
2813
Zegna
ZGN
$3.73B
| $4.06M | ﹤0.01% |
+385,141
| New | +$3.94M |
|
2814
Equinor
EQNR
$96.3B
| $4.04M | ﹤0.01% |
116,214
| – | – |
|
|
BBIG
2815
DELISTED
Vinco Ventures, Inc. Common Stock
BBIG
| $4.04M | ﹤0.01% |
146,283
+67,955
| +87% | +$2.28M |
|
|
ONTF
2816
DELISTED
ON24
ONTF
| $4.03M | ﹤0.01% |
424,990
+100,605
| +31% | +$1.22M |
|
2817
Build-A-Bear
BBW
$474M
| $4.03M | ﹤0.01% |
245,313
+118,628
| +94% | +$2.17M |
|
|
VVNT
2818
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $4.03M | ﹤0.01% |
1,157,526
-8,982
| -0.8% | -$47.9K |
|
2819
Ternium
TX
$10.7B
| $4.02M | ﹤0.01% |
111,461
+11,143
| +11% | +$474K |
|
2820
Atlanticus Holdings
ATLC
$1.47B
| $3.99M | ﹤0.01% |
113,374
+20,114
| +22% | +$807K |
|
|
BRDG
2821
DELISTED
Bridge Investment Group
BRDG
| $3.98M | ﹤0.01% |
273,850
+64,223
| +31% | +$1.14M |
|
|
ENFN
2822
DELISTED
Enfusion, Inc.
ENFN
| $3.97M | ﹤0.01% |
389,310
+50,481
| +15% | +$558K |
|
2823
Kura Sushi USA
KRUS
$646M
| $3.97M | ﹤0.01% |
80,214
+3,397
| +4% | +$152K |
|
2824
First Business Financial Services
FBIZ
$601M
| $3.97M | ﹤0.01% |
127,326
+63,241
| +99% | +$2.11M |
|
2825
Liberty Latin America Class A
LILA
$1.67B
| $3.96M | ﹤0.01% |
748,437
+17,081
| +2% | +$106K |
|
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.