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 | |
|---|---|---|---|---|---|---|
3026
Alaunos Therapeutics
TCRT
$4.86M
| $2.57M | ﹤0.01% |
13,832
-9,678
| -41% | -$925K |
|
3027
Nautilus Biotechnolgy
NAUT
$113M
| $2.56M | ﹤0.01% |
950,779
+424,473
| +81% | +$1.58M |
|
|
CNVY
3028
DELISTED
Convey Health Solutions Holdings, Inc.
CNVY
| $2.55M | ﹤0.01% |
245,536
+42,716
| +21% | +$265K |
|
3029
Velocity Financial
VEL
$715M
| $2.54M | ﹤0.01% |
230,929
+11,958
| +5% | +$127K |
|
3030
Hydrofarm Holdings
HYFM
$8.58M
| $2.53M | ﹤0.01% |
72,669
+4,212
| +6% | +$343K |
|
|
NUTX
3031
Nutex Health
NUTX
$1.28B
| $2.52M | ﹤0.01% |
+5,219
| New | +$6.15M |
|
3032
Tactile Systems Technology
TCMD
$537M
| $2.52M | ﹤0.01% |
345,713
+12,048
| +4% | +$153K |
|
3033
Tilray
TLRY
$640M
| $2.52M | ﹤0.01% |
73,698
+10,590
| +17% | +$501K |
|
3034
NACCO Industries
NC
$316M
| $2.52M | ﹤0.01% |
66,403
+30,833
| +87% | +$1.47M |
|
3035
Cenntro
CENN
$8.41M
| $2.51M | ﹤0.01% |
2,773
+2,559
| +1,196% | +$2.71M |
|
3036
Humacyte
HUMA
$148M
| $2.5M | ﹤0.01% |
777,997
+178,208
| +30% | +$991K |
|
3037
Lexicon Pharmaceuticals
LXRX
$1.04B
| $2.5M | ﹤0.01% |
1,341,413
+83,549
| +7% | +$159K |
|
3038
First Guaranty Bancshares
FGBI
$137M
| $2.48M | ﹤0.01% |
102,235
+82,339
| +414% | +$2.12M |
|
|
RBOT
3039
DELISTED
Vicarious Surgical
RBOT
| $2.48M | ﹤0.01% |
28,181
+14,973
| +113% | +$1.83M |
|
|
CLVS
3040
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.48M | ﹤0.01% |
1,377,710
-718,988
| -34% | -$1.06M |
|
3041
AST SpaceMobile
ASTS
$21.4B
| $2.48M | ﹤0.01% |
394,136
+6,152
| +2% | +$48.2K |
|
3042
Bakkt Inc
BKKT
$331M
| $2.47M | ﹤0.01% |
47,065
+35,470
| +306% | +$2.98M |
|
3043
Vitamin Cottage Natural Grocers
NGVC
$646M
| $2.47M | ﹤0.01% |
154,845
-23,161
| -13% | -$431K |
|
3044
The Honest Company
HNST
$540M
| $2.45M | ﹤0.01% |
840,123
-64,682
| -7% | -$234K |
|
|
PRTY
3045
DELISTED
Party City Holdco Inc.
PRTY
| $2.44M | ﹤0.01% |
1,849,509
+76,794
| +4% | +$170K |
|
|
AKYA
3046
DELISTED
Akoya BioSciences
AKYA
| $2.44M | ﹤0.01% |
189,781
+580
| +0.3% | +$6.01K |
|
3047
Vermilion Energy
VET
$1.72B
| $2.44M | ﹤0.01% |
110,986
+2,609
| +2% | +$54.3K |
|
3048
Cricut
CRCT
$1.24B
| $2.43M | ﹤0.01% |
396,094
+64,798
| +20% | +$638K |
|
|
MMAT
3049
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $2.42M | ﹤0.01% |
23,504
-11,739
| -33% | -$1.75M |
|
3050
NI Holdings
NODK
$313M
| $2.42M | ﹤0.01% |
147,016
-4,980
| -3% | -$82.5K |
|
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.