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 | |
|---|---|---|---|---|---|---|
3076
FTC Solar
FTCI
$40.1M
| $2.22M | ﹤0.01% |
61,241
+2,526
| +4% | +$100K |
|
3077
Legacy Housing
LEGH
$692M
| $2.2M | ﹤0.01% |
168,514
+5,180
| +3% | +$87.3K |
|
3078
The Beachbody Company
BODI
$47.6M
| $2.19M | ﹤0.01% |
36,483
+19,054
| +109% | +$1.54M |
|
3079
Expensify
EXFY
$202M
| $2.18M | ﹤0.01% |
122,469
-3,016
| -2% | -$53.4K |
|
3080
Absci
ABSI
$1.62B
| $2.18M | ﹤0.01% |
655,959
+19,180
| +3% | +$95.4K |
|
3081
MeiraGTx Holdings
MGTX
$1.17B
| $2.17M | ﹤0.01% |
287,126
+5,629
| +2% | +$54.6K |
|
3082
Freedom Holding
FRHC
$9.35B
| $2.17M | ﹤0.01% |
48,987
+256
| +0.5% | +$11.8K |
|
3083
Investar Holding Corp
ISTR
$425M
| $2.17M | ﹤0.01% |
99,043
-2,515
| -2% | -$51.5K |
|
|
CONN
3084
DELISTED
Conn's Inc.
CONN
| $2.17M | ﹤0.01% |
270,317
-81,679
| -23% | -$1.07M |
|
|
AOMR
3085
Angel Oak Mortgage REIT
AOMR
$209M
| $2.17M | ﹤0.01% |
167,199
+24,982
| +18% | +$369K |
|
|
OPTN
3086
DELISTED
OptiNose
OPTN
| $2.16M | ﹤0.01% |
39,295
+2,651
| +7% | +$97.5K |
|
|
KLRS
3087
Kalaris Therapeutics
KLRS
$92.4M
| $2.15M | ﹤0.01% |
23,959
+45
| +0.2% | +$4.72K |
|
|
SNCE
3088
DELISTED
Science 37 Holdings, Inc. Common Stock
SNCE
| $2.14M | ﹤0.01% |
53,347
+29,590
| +125% | +$2.16M |
|
3089
Tenaya Therapeutics
TNYA
$164M
| $2.14M | ﹤0.01% |
380,641
+12,424
| +3% | +$101K |
|
3090
Kartoon Studios
TOON
$38.2M
| $2.14M | ﹤0.01% |
282,577
-211,405
| -43% | -$1.62M |
|
3091
FS Bancorp
FSBW
$326M
| $2.13M | ﹤0.01% |
74,399
-64,556
| -46% | -$1.91M |
|
3092
Momentus
MNTS
$92.5M
| $2.13M | ﹤0.01% |
79
+40
| +103% | +$1.46M |
|
|
ALPN
3093
DELISTED
Alpine Immune Sciences Inc
ALPN
| $2.11M | ﹤0.01% |
247,992
+32,836
| +15% | +$283K |
|
3094
Nerdy
NRDY
$92.6M
| $2.1M | ﹤0.01% |
986,943
+402,864
| +69% | +$1.31M |
|
|
CBAY
3095
DELISTED
Cymabay Therapeutics
CBAY
| $2.1M | ﹤0.01% |
712,578
-604,370
| -46% | -$1.44M |
|
3096
Outlook Therapeutics
OTLK
$166M
| $2.1M | ﹤0.01% |
102,890
+9,660
| +10% | +$278K |
|
3097
Traeger
COOK
$166M
| $2.1M | ﹤0.01% |
9,872
+1,071
| +12% | +$299K |
|
3098
Ericsson
ERIC
$33.6B
| $2.1M | ﹤0.01% |
283,166
+1,568
| +0.6% | +$12.8K |
|
3099
Aterian
ATER
$5.26M
| $2.09M | ﹤0.01% |
80,704
+26,433
| +49% | +$1.17M |
|
3100
Ponce Financial Group
PDLB
$501M
| $2.08M | ﹤0.01% |
225,416
+90,109
| +67% | +$876K |
|
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.