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 | |
|---|---|---|---|---|---|---|
2851
FVCBankcorp
FVCB
$339M
| $3.73M | ﹤0.01% |
247,850
+128,760
| +108% | +$2.06M |
|
2852
Porch Group
PRCH
$1.92B
| $3.73M | ﹤0.01% |
1,455,779
+214,511
| +17% | +$887K |
|
2853
Universal Technical Institute
UTI
$1.42B
| $3.72M | ﹤0.01% |
521,827
+253,866
| +95% | +$2.24M |
|
2854
Pure Cycle
PCYO
$273M
| $3.71M | ﹤0.01% |
352,475
-10,099
| -3% | -$109K |
|
2855
Ramaco Resources Class A
METC
$667M
| $3.71M | ﹤0.01% |
291,878
+174,674
| +149% | +$2.63M |
|
2856
Instil Bio
TIL
$49.3M
| $3.71M | ﹤0.01% |
40,108
+6,449
| +19% | +$913K |
|
2857
Inspired Entertainment
INSE
$164M
| $3.7M | ﹤0.01% |
429,370
+208,646
| +95% | +$2.13M |
|
2858
First Bank
FRBA
$471M
| $3.69M | ﹤0.01% |
263,920
-3,102
| -1% | -$43.8K |
|
2859
MaxCyte
MXCT
$149M
| $3.69M | ﹤0.01% |
779,657
-96,043
| -11% | -$473K |
|
2860
Petrobras
PBR
$115B
| $3.68M | ﹤0.01% |
315,461
| – | – |
|
|
RKLY
2861
DELISTED
Rockley Photonics Holdings Limited
RKLY
| $3.68M | ﹤0.01% |
1,690,325
+864,575
| +105% | +$2.65M |
|
2862
Quantum-Si Incorporated
QSI
$172M
| $3.68M | ﹤0.01% |
1,585,884
+788,677
| +99% | +$3.02M |
|
2863
Hovnanian Enterprises
HOV
$799M
| $3.67M | ﹤0.01% |
85,881
-185
| -0.2% | -$8.98K |
|
2864
Tower Semiconductor
TSEM
$28.6B
| $3.67M | ﹤0.01% |
79,386
-7,886
| -9% | -$375K |
|
2865
Veritone
VERI
$139M
| $3.67M | ﹤0.01% |
561,539
+18,630
| +3% | +$188K |
|
2866
Caribou Biosciences
CRBU
$160M
| $3.66M | ﹤0.01% |
674,773
+26,016
| +4% | +$199K |
|
2867
MediaAlpha
MAX
$813M
| $3.66M | ﹤0.01% |
372,039
+5,966
| +2% | +$72.8K |
|
2868
Monte Rosa Therapeutics
GLUE
$1.35B
| $3.65M | ﹤0.01% |
378,003
+20,328
| +6% | +$204K |
|
|
PAMT
2869
PAMT Corp
PAMT
$285M
| $3.65M | ﹤0.01% |
133,243
+3,659
| +3% | +$103K |
|
2870
Intapp
INTA
$3.16B
| $3.64M | ﹤0.01% |
248,957
-8,238
| -3% | -$173K |
|
2871
Full House Resorts
FLL
$84.3M
| $3.63M | ﹤0.01% |
597,773
+15,399
| +3% | +$119K |
|
2872
Dream Finders Homes
DFH
$1.35B
| $3.63M | ﹤0.01% |
340,758
+155,017
| +83% | +$2.45M |
|
2873
Cadre Holdings
CDRE
$1.45B
| $3.62M | ﹤0.01% |
183,874
+81,213
| +79% | +$1.92M |
|
|
AHT
2874
Ashford Hospitality Trust
AHT
$20.2M
| $3.61M | ﹤0.01% |
60,359
+20,728
| +52% | +$1.4M |
|
|
TCS
2875
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $3.6M | ﹤0.01% |
38,546
+353
| +0.9% | +$40K |
|
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.