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 | |
|---|---|---|---|---|---|---|
|
RENT
3151
Rent the Runway
RENT
$122M
| $1.79M | ﹤0.01% |
29,196
+12,782
| +78% | +$1.21M |
|
3152
Accuray
ARAY
$32.9M
| $1.78M | ﹤0.01% |
908,962
-705,654
| -44% | -$1.76M |
|
3153
Timberland Bancorp
TSBK
$361M
| $1.78M | ﹤0.01% |
71,114
+6,367
| +10% | +$163K |
|
3154
Commercial Vehicle Group
CVGI
$130M
| $1.78M | ﹤0.01% |
304,228
-243,599
| -44% | -$1.66M |
|
3155
Valhi
VHI
$466M
| $1.77M | ﹤0.01% |
39,121
-54
| -0.1% | -$2.15K |
|
3156
Pliant Therapeutics
PLRX
$66.9M
| $1.77M | ﹤0.01% |
220,983
-184,832
| -46% | -$1.18M |
|
|
JOAN
3157
DELISTED
JOANN, Inc. Common Stock
JOAN
| $1.76M | ﹤0.01% |
227,826
+13,561
| +6% | +$124K |
|
3158
Ceco Environmental
CECO
$4.5B
| $1.76M | ﹤0.01% |
294,848
-258,912
| -47% | -$1.43M |
|
|
LONA
3159
LeonaBio Inc
LONA
$73.9M
| $1.75M | ﹤0.01% |
57,494
+1,190
| +2% | +$109K |
|
3160
Hooker Furnishings Corp
HOFT
$158M
| $1.75M | ﹤0.01% |
112,583
-93,636
| -45% | -$1.6M |
|
3161
Citizens
CIA
$198M
| $1.75M | ﹤0.01% |
417,206
-383,618
| -48% | -$1.38M |
|
3162
Plains GP Holdings
PAGP
$5.04B
| $1.75M | ﹤0.01% |
169,265
+10,949
| +7% | +$126K |
|
3163
Biglari Holdings Class B
BH
$1.22B
| $1.74M | ﹤0.01% |
14,163
+220
| +2% | +$29.5K |
|
3164
InnovAge Holding
INNV
$1.45B
| $1.74M | ﹤0.01% |
396,753
+13,675
| +4% | +$71.3K |
|
|
BELFB
3165
Bel Fuse Inc Class B
BELFB
$4.13B
| $1.74M | ﹤0.01% |
111,594
+1,860
| +2% | +$30.3K |
|
3166
Omeros
OMER
$1.26B
| $1.74M | ﹤0.01% |
631,466
-478,641
| -43% | -$1.62M |
|
|
CLPR
3167
Clipper Realty
CLPR
$53M
| $1.73M | ﹤0.01% |
224,037
+1,716
| +0.8% | +$14.7K |
|
3168
National Bankshares
NKSH
$272M
| $1.72M | ﹤0.01% |
54,921
+474
| +0.9% | +$16K |
|
|
MPX
3169
DELISTED
Marine Products Corp
MPX
| $1.72M | ﹤0.01% |
181,062
-15,572
| -8% | -$172K |
|
3170
Paymentus
PAY
$5.31B
| $1.72M | ﹤0.01% |
128,351
+3,778
| +3% | +$59.6K |
|
|
LUNA
3171
DELISTED
Luna Innovations Incorporated
LUNA
| $1.71M | ﹤0.01% |
293,160
-270,841
| -48% | -$1.6M |
|
|
LTCH
3172
DELISTED
Latch, Inc. Common Stock
LTCH
| $1.7M | ﹤0.01% |
1,491,782
+605,928
| +68% | +$1.55M |
|
|
CODX
3173
Co-Diagnostics
CODX
$5.49M
| $1.69M | ﹤0.01% |
10,040
+1,226
| +14% | +$186K |
|
3174
Harrow
HROW
$1.46B
| $1.69M | ﹤0.01% |
231,889
+2,150
| +0.9% | +$14.5K |
|
|
GTHX
3175
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $1.69M | ﹤0.01% |
341,895
-326,245
| -49% | -$1.81M |
|
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.