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 | |
|---|---|---|---|---|---|---|
2976
Aura Biosciences
AURA
$791M
| $2.94M | ﹤0.01% |
207,294
+101,960
| +97% | +$1.69M |
|
|
VRN
2977
DELISTED
Veren
VRN
| $2.93M | ﹤0.01% |
361,875
+3,190
| +0.9% | +$25K |
|
2978
Phathom Pharmaceuticals
PHAT
$743M
| $2.93M | ﹤0.01% |
346,936
+33,119
| +11% | +$341K |
|
2979
Offerpad Solutions
OPAD
$21.8M
| $2.92M | ﹤0.01% |
8,931
+4,639
| +108% | +$3.11M |
|
2980
Navitas Semiconductor
NVTS
$3.57B
| $2.91M | ﹤0.01% |
754,530
-29,768
| -4% | -$206K |
|
2981
Acacia Research
ACTG
$449M
| $2.91M | ﹤0.01% |
577,220
-263,961
| -31% | -$1.21M |
|
|
MKFG
2982
DELISTED
Markforged Holding Corporation
MKFG
| $2.9M | ﹤0.01% |
156,788
+96,775
| +161% | +$2.83M |
|
|
VLTA
2983
DELISTED
Volta Inc.
VLTA
| $2.9M | ﹤0.01% |
2,227,112
+1,158,979
| +109% | +$2.58M |
|
2984
Lands' End
LE
$390M
| $2.87M | ﹤0.01% |
270,651
+6,054
| +2% | +$79.4K |
|
2985
Rayonier Advanced Materials
RYAM
$570M
| $2.87M | ﹤0.01% |
1,096,605
+11,877
| +1% | +$53.3K |
|
2986
Destination XL Group
DXLG
$33.2M
| $2.87M | ﹤0.01% |
846,728
+504,922
| +148% | +$2.27M |
|
2987
Sight Sciences
SGHT
$458M
| $2.87M | ﹤0.01% |
319,352
+13,536
| +4% | +$119K |
|
2988
Pearson
PSO
$9.78B
| $2.86M | ﹤0.01% |
309,855
-70,886
| -19% | -$684K |
|
|
ML
2989
DELISTED
MoneyLion Inc.
ML
| $2.85M | ﹤0.01% |
71,915
+43,137
| +150% | +$2.29M |
|
2990
SoundHound AI
SOUN
$3.32B
| $2.84M | ﹤0.01% |
+1,060,478
| New | +$6.55M |
|
|
NOTV
2991
DELISTED
Inotiv
NOTV
| $2.84M | ﹤0.01% |
295,937
+13,890
| +5% | +$233K |
|
|
WEBR
2992
DELISTED
Weber Inc.
WEBR
| $2.84M | ﹤0.01% |
393,778
+55,964
| +17% | +$468K |
|
|
CMRX
2993
DELISTED
Chimerix, Inc.
CMRX
| $2.83M | ﹤0.01% |
1,360,089
-12,393
| -0.9% | -$39.8K |
|
|
DBD
2994
DELISTED
Diebold Nixdorf Incorporated
DBD
| $2.82M | ﹤0.01% |
1,241,971
+65,677
| +6% | +$245K |
|
2995
Fresenius Medical Care
FMS
$12.6B
| $2.81M | ﹤0.01% |
112,708
| – | – |
|
2996
Stantec
STN
$8.44B
| $2.81M | ﹤0.01% |
61,261
+951
| +2% | +$43.5K |
|
|
LLAP
2997
DELISTED
Terran Orbital Corporation
LLAP
| $2.8M | ﹤0.01% |
+611,850
| New | +$3.09M |
|
2998
Global Water Resources
GWRS
$256M
| $2.79M | ﹤0.01% |
210,870
+20,167
| +11% | +$291K |
|
2999
Vera Therapeutics
VERA
$2.08B
| $2.78M | ﹤0.01% |
204,588
+2,041
| +1% | +$35.6K |
|
3000
Tilly's
TLYS
$122M
| $2.78M | ﹤0.01% |
396,471
-18,567
| -4% | -$155K |
|
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.