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 | |
|---|---|---|---|---|---|---|
|
NXDR
3001
Nextdoor Holdings
NXDR
$998M
| $2.78M | ﹤0.01% |
838,736
+249,336
| +42% | +$980K |
|
3002
Fulcrum Therapeutics
FULC
$283M
| $2.77M | ﹤0.01% |
566,513
+36,376
| +7% | +$355K |
|
3003
NextDecade
NEXT
$1.8B
| $2.77M | ﹤0.01% |
623,068
+123,890
| +25% | +$768K |
|
|
CISO
3004
CISO Global
CISO
$12.2M
| $2.75M | ﹤0.01% |
51,000
+29,286
| +135% | +$2.27M |
|
3005
Hagerty
HGTY
$1.32B
| $2.75M | ﹤0.01% |
239,347
+7,061
| +3% | +$71.5K |
|
|
RDNW
3006
RideNow Group
RDNW
$241M
| $2.74M | ﹤0.01% |
186,147
+96,847
| +108% | +$1.89M |
|
3007
Root
ROOT
$772M
| $2.73M | ﹤0.01% |
127,516
+83,915
| +192% | +$2.27M |
|
|
KRON
3008
DELISTED
Kronos Bio
KRON
| $2.72M | ﹤0.01% |
746,982
+21,559
| +3% | +$97.7K |
|
|
BINI
3009
DELISTED
Bollinger Innovations
BINI
| – | – |
0
| – | – |
|
3010
Silicon Motion
SIMO
$8.45B
| $2.7M | ﹤0.01% |
32,295
-433
| -1% | -$36.5K |
|
3011
NVE Corp
NVEC
$563M
| $2.7M | ﹤0.01% |
57,933
-24,927
| -30% | -$1.21M |
|
|
NESR
3012
National Energy Services Reunited Corp
NESR
$3.62B
| $2.68M | ﹤0.01% |
395,770
+9,325
| +2% | +$67.9K |
|
3013
Weyco Group
WEYS
$437M
| $2.67M | ﹤0.01% |
109,381
+42,099
| +63% | +$1.14M |
|
3014
InMode
INMD
$875M
| $2.67M | ﹤0.01% |
119,139
-213,182
| -64% | -$5.6M |
|
|
VIEW
3015
DELISTED
View, Inc. Class A Common Stock
VIEW
| $2.66M | ﹤0.01% |
27,400
+4,415
| +19% | +$393K |
|
|
VLDR
3016
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
| $2.65M | ﹤0.01% |
2,779,163
+1,384,831
| +99% | +$2.39M |
|
3017
ThredUp
TDUP
$416M
| $2.64M | ﹤0.01% |
1,055,258
+558,304
| +112% | +$3.01M |
|
3018
Greene County Bancorp
GCBC
$595M
| $2.61M | ﹤0.01% |
115,440
+80,248
| +228% | +$2M |
|
3019
Aemetis
AMTX
$126M
| $2.61M | ﹤0.01% |
531,047
+9,857
| +2% | +$86.2K |
|
3020
Hycroft Mining Holding Corp
HYMC
$2.48B
| $2.6M | ﹤0.01% |
234,640
+202,593
| +632% | +$3M |
|
|
JBIO
3021
Jade Biosciences
JBIO
$1.51B
| $2.6M | ﹤0.01% |
4,747
-830
| -15% | -$396K |
|
3022
NuScale Power
SMR
$4.04B
| $2.6M | ﹤0.01% |
+260,006
| New | +$2.6M |
|
3023
Sweetgreen
SG
$721M
| $2.59M | ﹤0.01% |
222,479
+53,609
| +32% | +$1.13M |
|
3024
Silvercrest Asset Management
SAMG
$79.5M
| $2.58M | ﹤0.01% |
157,279
+77,137
| +96% | +$1.53M |
|
|
MBT
3025
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $2.58M | ﹤0.01% |
2,646,579
| – | – |
|
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.