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 | |
|---|---|---|---|---|---|---|
|
ICVX
3126
DELISTED
Icosavax, Inc. Common Stock
ICVX
| $1.92M | ﹤0.01% |
335,846
+16,724
| +5% | +$130K |
|
|
PINE
3127
Alpine Income Property Trust
PINE
$347M
| $1.92M | ﹤0.01% |
107,357
+13,490
| +14% | +$249K |
|
|
ENDP
3128
DELISTED
Endo International plc
ENDP
| $1.9M | ﹤0.01% |
4,088,681
+102,816
| +3% | +$131K |
|
|
JNCE
3129
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $1.89M | ﹤0.01% |
624,275
+27,660
| +5% | +$135K |
|
3130
AMES National
ATLO
$281M
| $1.89M | ﹤0.01% |
85,152
+4,347
| +5% | +$101K |
|
3131
Teekay
TK
$1.06B
| $1.89M | ﹤0.01% |
655,768
+24,699
| +4% | +$80.8K |
|
|
CARM
3132
DELISTED
Carisma Therapeutics
CARM
| $1.89M | ﹤0.01% |
116,482
-94,582
| -45% | -$1.08M |
|
3133
Innovative Industrial Properties
IIPR
$1.67B
| $1.88M | ﹤0.01% |
17,108
+619
| +4% | +$87.8K |
|
|
PZN
3134
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $1.88M | ﹤0.01% |
284,847
+885
| +0.3% | +$6.02K |
|
3135
Alliance Resource Partners
ARLP
$3.2B
| $1.87M | ﹤0.01% |
102,615
-5,554
| -5% | -$101K |
|
|
KORE
3136
DELISTED
KORE Group Holdings
KORE
| $1.87M | ﹤0.01% |
121,639
+62,170
| +105% | +$1.39M |
|
|
SHCO
3137
DELISTED
Soho House & Co
SHCO
| $1.86M | ﹤0.01% |
287,821
-8,961
| -3% | -$68.3K |
|
|
AVEO
3138
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $1.86M | ﹤0.01% |
283,969
+15,285
| +6% | +$74K |
|
|
USER
3139
DELISTED
UserTesting, Inc.
USER
| $1.86M | ﹤0.01% |
370,821
+287,913
| +347% | +$1.93M |
|
|
RPT
3140
Rithm Property Trust
RPT
$101M
| $1.86M | ﹤0.01% |
32,334
-31,139
| -49% | -$1.86M |
|
3141
JFrog
FROG
$11.5B
| $1.85M | ﹤0.01% |
87,623
-444,010
| -84% | -$9.31M |
|
3142
Xos
XOS
$35.4M
| $1.82M | ﹤0.01% |
32,998
+15,491
| +88% | +$1.24M |
|
3143
Pioneer Bancorp
PBFS
$418M
| $1.82M | ﹤0.01% |
185,577
+3,155
| +2% | +$32K |
|
3144
B2Gold
BTG
$6.7B
| $1.82M | ﹤0.01% |
536,447
-26,259
| -5% | -$110K |
|
3145
Consolidated Water Co
CWCO
$502M
| $1.81M | ﹤0.01% |
124,968
+103,012
| +469% | +$1.28M |
|
|
FXLV
3146
DELISTED
F45 Training Holdings Inc.
FXLV
| $1.81M | ﹤0.01% |
460,300
+21,178
| +5% | +$155K |
|
|
TTSH
3147
DELISTED
Tile Shop Holdings
TTSH
| $1.8M | ﹤0.01% |
587,893
+297,165
| +102% | +$1.48M |
|
|
CVLY
3148
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.8M | ﹤0.01% |
80,127
+547
| +0.7% | +$12.5K |
|
|
ADTH
3149
DELISTED
AdTheorent Holding Co
ADTH
| $1.8M | ﹤0.01% |
582,043
+152,134
| +35% | +$1.14M |
|
3150
Nathan's Famous
NATH
$397M
| $1.79M | ﹤0.01% |
30,607
-20,810
| -40% | -$1.06M |
|
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.