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 | |
|---|---|---|---|---|---|---|
3101
Verastem
VSTM
$604M
| $2.08M | ﹤0.01% |
149,380
-112,462
| -43% | -$1.79M |
|
|
HLGN
3102
DELISTED
Heliogen, Inc.
HLGN
| $2.05M | ﹤0.01% |
27,753
+5,274
| +23% | +$686K |
|
|
CVAC
3103
DELISTED
CureVac
CVAC
| $2.04M | ﹤0.01% |
149,635
-167,141
| -53% | -$2.76M |
|
3104
Crawford & Co Class A
CRD.A
$632M
| $2.03M | ﹤0.01% |
260,769
-3,011
| -1% | -$23.4K |
|
|
USAK
3105
DELISTED
USA Truck Inc
USAK
| $2.03M | ﹤0.01% |
64,639
+749
| +1% | +$12.9K |
|
|
SCWX
3106
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $2.02M | ﹤0.01% |
186,451
+2,976
| +2% | +$33.8K |
|
|
AUY
3107
DELISTED
Yamana Gold, Inc.
AUY
| $2.02M | ﹤0.01% |
435,021
-2,939
| -0.7% | -$15.9K |
|
|
IRNT
3108
DELISTED
IronNet, Inc.
IRNT
| $2.02M | ﹤0.01% |
914,497
+618,892
| +209% | +$1.75M |
|
|
ONIT
3109
Onity Group
ONIT
$330M
| $2.02M | ﹤0.01% |
73,630
-66,538
| -47% | -$1.57M |
|
|
NVMI
3110
Nova
NVMI
$13.1B
| $2.01M | ﹤0.01% |
22,741
+128
| +0.6% | +$12.7K |
|
|
STON
3111
DELISTED
StoneMor Inc.
STON
| $1.99M | ﹤0.01% |
583,119
-215,705
| -27% | -$613K |
|
3112
Viking Therapeutics
VKTX
$3.84B
| $1.98M | ﹤0.01% |
685,749
-606,518
| -47% | -$1.5M |
|
3113
Ardmore Shipping
ASC
$707M
| $1.98M | ﹤0.01% |
+283,666
| New | +$1.9M |
|
3114
Lineage Cell Therapeutics
LCTX
$268M
| $1.97M | ﹤0.01% |
1,249,372
-1,026,601
| -45% | -$1.35M |
|
3115
Aveanna Healthcare
AVAH
$2.46B
| $1.97M | ﹤0.01% |
872,794
+57,210
| +7% | +$166K |
|
|
CURO
3116
DELISTED
CURO Group Holdings Corp.
CURO
| $1.97M | ﹤0.01% |
355,931
+6,548
| +2% | +$59.9K |
|
3117
Canadian Solar
CSIQ
$1.04B
| $1.97M | ﹤0.01% |
63,163
+2,586
| +4% | +$79.5K |
|
|
ZOM
3118
DELISTED
Zomedica Corp.
ZOM
| $1.96M | ﹤0.01% |
8,927,712
+757,146
| +9% | +$193K |
|
|
SBT
3119
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.96M | ﹤0.01% |
344,144
+160,670
| +88% | +$1.05M |
|
3120
Caesarstone
CSTE
$105M
| $1.96M | ﹤0.01% |
214,614
-1,424
| -0.7% | -$13.6K |
|
3121
Zeta Global
ZETA
$7.44B
| $1.95M | ﹤0.01% |
431,804
+233,747
| +118% | +$2.05M |
|
3122
Aldeyra Therapeutics
ALDX
$86.9M
| $1.94M | ﹤0.01% |
486,769
-426,099
| -47% | -$1.47M |
|
3123
Melco Resorts & Entertainment
MLCO
$2.14B
| $1.94M | ﹤0.01% |
337,603
-1,196,113
| -78% | -$7.02M |
|
3124
Limoneira
LMNR
$250M
| $1.94M | ﹤0.01% |
137,651
-117,190
| -46% | -$1.48M |
|
|
AUD
3125
DELISTED
Audacy, Inc.
AUD
| $1.93M | ﹤0.01% |
2,045,553
+55,775
| +3% | +$112K |
|
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.