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 | |
|---|---|---|---|---|---|---|
|
PFSW
2926
DELISTED
PFSweb, Inc.
PFSW
| $3.35M | ﹤0.01% |
284,686
+128,006
| +82% | +$1.54M |
|
2927
Tecnoglass Holdings Inc.
TGLS
$1.87B
| $3.34M | ﹤0.01% |
190,596
-17,127
| -8% | -$363K |
|
2928
Bioventus
BVS
$1.17B
| $3.33M | ﹤0.01% |
488,739
+39,359
| +9% | +$402K |
|
|
FRBK
2929
DELISTED
Republic First Bancorp Inc
FRBK
| $3.33M | ﹤0.01% |
874,899
+43,268
| +5% | +$185K |
|
2930
Capital Bancorp
CBNK
$616M
| $3.33M | ﹤0.01% |
153,442
-6,023
| -4% | -$134K |
|
2931
Noodles & Co
NDLS
$100M
| $3.33M | ﹤0.01% |
88,486
+219
| +0.2% | +$9.73K |
|
|
VBIV
2932
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $3.33M | ﹤0.01% |
137,140
+6,154
| +5% | +$209K |
|
2933
First Western Financial
MYFW
$309M
| $3.33M | ﹤0.01% |
122,307
+66,311
| +118% | +$2.07M |
|
|
SCU
2934
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $3.31M | ﹤0.01% |
396,650
+14,081
| +4% | +$155K |
|
2935
HBT Financial
HBT
$1.35B
| $3.29M | ﹤0.01% |
184,289
+3,810
| +2% | +$66.9K |
|
2936
HF Foods Group
HFFG
$97.6M
| $3.29M | ﹤0.01% |
629,779
+9,367
| +2% | +$52.4K |
|
|
AFMD
2937
DELISTED
Affimed
AFMD
| $3.28M | ﹤0.01% |
118,455
+17,524
| +17% | +$600K |
|
2938
Village Super Market
VLGEA
$638M
| $3.27M | ﹤0.01% |
143,572
+4,846
| +3% | +$114K |
|
|
INST
2939
DELISTED
Instructure Holdings, Inc.
INST
| $3.27M | ﹤0.01% |
144,006
+42,691
| +42% | +$805K |
|
|
HLTH
2940
DELISTED
Cue Health Inc. Common Stock
HLTH
| $3.27M | ﹤0.01% |
1,021,096
+796,710
| +355% | +$4.32M |
|
2941
RxSight
RXST
$292M
| $3.21M | ﹤0.01% |
227,763
+6,287
| +3% | +$82.9K |
|
2942
Bankwell Financial Group
BWFG
$542M
| $3.21M | ﹤0.01% |
103,252
+35,560
| +53% | +$1.2M |
|
2943
Playboy Inc
PLBY
$149M
| $3.19M | ﹤0.01% |
499,179
+35,221
| +8% | +$323K |
|
2944
Xponential Fitness
XPOF
$206M
| $3.19M | ﹤0.01% |
253,616
+58,901
| +30% | +$1.06M |
|
2945
EverQuote
EVER
$864M
| $3.18M | ﹤0.01% |
360,252
-426
| -0.1% | -$4.86K |
|
|
ASTR
2946
DELISTED
Astra Space, Inc. Class A Common Stock
ASTR
| $3.18M | ﹤0.01% |
163,250
+84,503
| +107% | +$3.44M |
|
|
BLDP
2947
Ballard Power Systems
BLDP
$790M
| $3.18M | ﹤0.01% |
504,867
-467,367
| -48% | -$3.74M |
|
|
SEMR
2948
DELISTED
Semrush
SEMR
| $3.18M | ﹤0.01% |
245,936
+55,683
| +29% | +$607K |
|
2949
Edgewise Therapeutics
EWTX
$4.69B
| $3.16M | ﹤0.01% |
396,830
-41,311
| -9% | -$312K |
|
2950
UBS Group
UBS
$176B
| $3.15M | ﹤0.01% |
194,394
-18,882
| -9% | -$331K |
|
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.