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 | |
|---|---|---|---|---|---|---|
3051
Global E Online
GLBE
$7.09B
| $2.41M | ﹤0.01% |
119,553
+10,206
| +9% | +$234K |
|
|
HLVX
3052
DELISTED
HilleVax
HLVX
| $2.4M | ﹤0.01% |
+219,507
| New | +$2.61M |
|
3053
AEye
LIDR
$59.5M
| $2.4M | ﹤0.01% |
41,808
+8,466
| +25% | +$1.14M |
|
3054
Century Therapeutics
IPSC
$349M
| $2.38M | ﹤0.01% |
283,292
+15,387
| +6% | +$151K |
|
3055
System1
SST
$17.8M
| $2.38M | ﹤0.01% |
34,096
+17,122
| +101% | +$2.16M |
|
|
CMLS
3056
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $2.37M | ﹤0.01% |
306,267
+135,176
| +79% | +$1.59M |
|
3057
Lifetime Brands
LCUT
$220M
| $2.36M | ﹤0.01% |
213,598
+3,421
| +2% | +$40.5K |
|
3058
Invivyd
IVVD
$202M
| $2.36M | ﹤0.01% |
718,691
+78,998
| +12% | +$248K |
|
3059
Nature's Sunshine
NATR
$269M
| $2.35M | ﹤0.01% |
220,179
+2,698
| +1% | +$37.5K |
|
|
CASA
3060
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $2.35M | ﹤0.01% |
597,014
-16,745
| -3% | -$72.9K |
|
3061
Spire Global
SPIR
$540M
| $2.33M | ﹤0.01% |
251,575
+140,464
| +126% | +$1.8M |
|
3062
Precigen
PGEN
$2.32B
| $2.31M | ﹤0.01% |
1,721,672
-6,888
| -0.4% | -$10.2K |
|
3063
Northrim BanCorp
NRIM
$601M
| $2.28M | ﹤0.01% |
226,812
-205,160
| -47% | -$2.11M |
|
3064
Safe Bulkers
SB
$781M
| $2.28M | ﹤0.01% |
597,192
+74,762
| +14% | +$319K |
|
|
OMIC
3065
DELISTED
Singular Genomics Systems, Inc. Common Stock
OMIC
| $2.28M | ﹤0.01% |
19,907
+3,646
| +22% | +$428K |
|
3066
Consumer Portfolio Services
CPSS
$208M
| $2.28M | ﹤0.01% |
222,077
+102,330
| +85% | +$1.25M |
|
3067
NerdWallet
NRDS
$639M
| $2.28M | ﹤0.01% |
287,057
+205,828
| +253% | +$2.09M |
|
|
XOMA
3068
DELISTED
Xoma
XOMA
| $2.27M | ﹤0.01% |
101,872
-46,819
| -31% | -$961K |
|
|
TIG
3069
DELISTED
Trean Insurance Group, Inc. Common Stock
TIG
| $2.27M | ﹤0.01% |
364,185
+18,033
| +5% | +$107K |
|
3070
Duluth Holdings
DLTH
$151M
| $2.25M | ﹤0.01% |
235,892
+8,895
| +4% | +$103K |
|
|
TEAD
3071
Teads Holding Co
TEAD
$63.6M
| $2.25M | ﹤0.01% |
447,258
+124,317
| +38% | +$935K |
|
3072
ClearPoint Neuro
CLPT
$470M
| $2.24M | ﹤0.01% |
171,521
-144,185
| -46% | -$1.47M |
|
|
EPZM
3073
DELISTED
Epizyme, Inc
EPZM
| $2.23M | ﹤0.01% |
1,518,496
-865,464
| -36% | -$636K |
|
3074
Enterprise Products Partners
EPD
$82.1B
| $2.23M | ﹤0.01% |
91,328
-2,602
| -3% | -$68.5K |
|
|
EXPR
3075
DELISTED
Express, Inc.
EXPR
| $2.22M | ﹤0.01% |
56,610
+28,575
| +102% | +$1.72M |
|
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.