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 | |
|---|---|---|---|---|---|---|
2951
First Watch Restaurant Group
FWRG
$800M
| $3.15M | ﹤0.01% |
218,176
+8,720
| +4% | +$119K |
|
2952
Third Coast Bancshares
TCBX
$766M
| $3.12M | ﹤0.01% |
142,469
+77,579
| +120% | +$1.8M |
|
2953
Vertex
VERX
$2.15B
| $3.11M | ﹤0.01% |
274,925
+3,921
| +1% | +$49.6K |
|
|
CMBM
2954
DELISTED
Cambium Networks
CMBM
| $3.11M | ﹤0.01% |
212,049
+7,895
| +4% | +$124K |
|
2955
Immunovant
IMVT
$8.64B
| $3.1M | ﹤0.01% |
794,972
+6,134
| +0.8% | +$26.5K |
|
2956
Blue Bird Corp
BLBD
$2.05B
| $3.09M | ﹤0.01% |
335,867
+18,755
| +6% | +$263K |
|
|
DOMA
2957
DELISTED
Doma Holdings, Inc.
DOMA
| $3.09M | ﹤0.01% |
120,015
+59,488
| +98% | +$2.53M |
|
2958
ALX Oncology
ALXO
$268M
| $3.08M | ﹤0.01% |
380,200
+59,859
| +19% | +$652K |
|
|
SNPO
2959
DELISTED
Snap One Holdings Corp. Common Stock
SNPO
| $3.08M | ﹤0.01% |
335,354
+10,109
| +3% | +$122K |
|
2960
ProFrac Holding
ACDC
$958M
| $3.07M | ﹤0.01% |
+167,767
| New | +$3.29M |
|
2961
Concrete Pumping Holdings
BBCP
$475M
| $3.07M | ﹤0.01% |
506,360
+28,047
| +6% | +$159K |
|
2962
Ondas Inc
ONDS
$5.08B
| $3.06M | ﹤0.01% |
568,456
+254,621
| +81% | +$1.76M |
|
2963
Target Hospitality
TH
$1.62B
| $3.06M | ﹤0.01% |
535,448
+39,740
| +8% | +$249K |
|
|
MN
2964
DELISTED
MANNING & NAPIER, INC.
MN
| $3.05M | ﹤0.01% |
244,474
+144,651
| +145% | +$1.82M |
|
2965
MacroGenics
MGNX
$259M
| $3.02M | ﹤0.01% |
1,025,271
+35,732
| +4% | +$188K |
|
2966
Unity Bancorp
UNTY
$620M
| $3M | ﹤0.01% |
113,374
+53,741
| +90% | +$1.51M |
|
|
RSVR
2967
Reservoir Media
RSVR
$656M
| $2.99M | ﹤0.01% |
458,909
+168,791
| +58% | +$1.32M |
|
|
NREF
2968
NexPoint Real Estate Finance
NREF
$318M
| $2.98M | ﹤0.01% |
147,289
+72,463
| +97% | +$1.66M |
|
2969
The ONE Group
STKS
$56.8M
| $2.97M | ﹤0.01% |
403,414
+20,238
| +5% | +$185K |
|
2970
VistaGen Therapeutics
VTGN
$11.8M
| $2.97M | ﹤0.01% |
112,516
+4,924
| +5% | +$174K |
|
2971
Preformed Line Products
PLPC
$2.19B
| $2.96M | ﹤0.01% |
48,082
-648
| -1% | -$40K |
|
2972
Inseego
INSG
$77.7M
| $2.95M | ﹤0.01% |
156,319
+4,077
| +3% | +$104K |
|
|
NEUE
2973
DELISTED
NeueHealth
NEUE
| $2.95M | ﹤0.01% |
20,275
-2,418
| -11% | -$352K |
|
2974
Riley Exploration Permian
REPX
$786M
| $2.95M | ﹤0.01% |
122,066
-1,599
| -1% | -$40.9K |
|
2975
Ouster
OUST
$3.25B
| $2.95M | ﹤0.01% |
181,927
+21,276
| +13% | +$597K |
|
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.