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 | |
|---|---|---|---|---|---|---|
2826
PCB Bancorp
PCB
$400M
| $3.96M | ﹤0.01% |
212,199
+91,066
| +75% | +$1.85M |
|
2827
Greif Class B
GEF.B
$4.22B
| $3.94M | ﹤0.01% |
63,297
+281
| +0.4% | +$16.8K |
|
2828
Powell Industries
POWL
$7.43B
| $3.93M | ﹤0.01% |
504,258
+11,025
| +2% | +$86.2K |
|
2829
The Joint Corp
JYNT
$119M
| $3.92M | ﹤0.01% |
256,392
-3,501
| -1% | -$78.2K |
|
2830
GoodRx Holdings
GDRX
$1.27B
| $3.91M | ﹤0.01% |
660,294
+14,446
| +2% | +$161K |
|
|
KALV
2831
DELISTED
KalVista Pharmaceuticals
KALV
| $3.91M | ﹤0.01% |
397,015
-12,011
| -3% | -$133K |
|
2832
UWM Holdings
UWMC
$2.61B
| $3.89M | ﹤0.01% |
1,099,910
+14,074
| +1% | +$53.9K |
|
2833
eGain
EGAN
$206M
| $3.89M | ﹤0.01% |
398,921
+3,333
| +0.8% | +$33.2K |
|
2834
Tarsus Pharmaceuticals
TARS
$3.02B
| $3.88M | ﹤0.01% |
266,084
+135,326
| +103% | +$2.03M |
|
2835
Ring Energy
REI
$349M
| $3.84M | ﹤0.01% |
1,445,372
+755,854
| +110% | +$3.13M |
|
2836
Cato Corp
CATO
$66.7M
| $3.84M | ﹤0.01% |
331,052
-17,327
| -5% | -$228K |
|
|
WHWK
2837
Whitehawk Therapeutics
WHWK
$267M
| $3.84M | ﹤0.01% |
311,717
+114,533
| +58% | +$1.7M |
|
|
ITIC
2838
Investors Title Co
ITIC
$534M
| $3.83M | ﹤0.01% |
24,395
+385
| +2% | +$66.2K |
|
2839
The RealReal
REAL
$1.33B
| $3.82M | ﹤0.01% |
1,536,013
+227,397
| +17% | +$1.01M |
|
|
PRVB
2840
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $3.82M | ﹤0.01% |
955,249
-11,491
| -1% | -$54.5K |
|
|
MCBC
2841
DELISTED
Macatawa Bank Corp
MCBC
| $3.82M | ﹤0.01% |
432,017
+12,938
| +3% | +$116K |
|
2842
Focus Universal
FCUV
$3.89M
| $3.81M | ﹤0.01% |
1,252
+527
| +73% | +$1.8M |
|
2843
Rigetti Computing
RGTI
$6.21B
| $3.79M | ﹤0.01% |
1,031,506
+1,009,888
| +4,672% | +$6.42M |
|
2844
Ardagh Metal Packaging
AMBP
$3.16B
| $3.78M | ﹤0.01% |
619,708
+359,737
| +138% | +$2.43M |
|
2845
Esquire Financial Holdings
ESQ
$1.59B
| $3.78M | ﹤0.01% |
113,437
+54,838
| +94% | +$1.93M |
|
2846
Liquidia Corp
LQDA
$6.45B
| $3.77M | ﹤0.01% |
863,632
+435,736
| +102% | +$2.25M |
|
|
VCSA
2847
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $3.74M | ﹤0.01% |
64,985
+19,761
| +44% | +$2.08M |
|
2848
BRC Inc
BRCC
$212M
| $3.74M | ﹤0.01% |
458,552
+266,867
| +139% | +$3.67M |
|
|
BNFT
2849
DELISTED
Benefitfocus, Inc.
BNFT
| $3.74M | ﹤0.01% |
480,633
+6,492
| +1% | +$64.1K |
|
2850
Citi Trends
CTRN
$621M
| $3.74M | ﹤0.01% |
157,987
+8,334
| +6% | +$235K |
|
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.