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 | |
|---|---|---|---|---|---|---|
3226
Cartesian Therapeutics
RNAC
$264M
| $1.49M | ﹤0.01% |
38,006
-19,846
| -34% | -$588K |
|
|
SOND
3227
DELISTED
Sonder
SOND
| $1.49M | ﹤0.01% |
71,775
+30,065
| +72% | +$1.71M |
|
3228
1stdibs.com
DIBS
$163M
| $1.48M | ﹤0.01% |
260,708
+19,226
| +8% | +$126K |
|
3229
Energy Transfer Partners
ET
$71.5B
| $1.48M | ﹤0.01% |
148,243
-3,899
| -3% | -$43.7K |
|
3230
LSI Industries
LYTS
$912M
| $1.48M | ﹤0.01% |
239,860
+2,941
| +1% | +$18.9K |
|
3231
First Northwest Bancorp
FNWB
$108M
| $1.47M | ﹤0.01% |
94,401
-3,168
| -3% | -$58.8K |
|
3232
McEwen Inc
MUX
$1.14B
| $1.47M | ﹤0.01% |
334,622
+7,248
| +2% | +$45.1K |
|
3233
Scholar Rock
SRRK
$6.46B
| $1.47M | ﹤0.01% |
267,613
-212,268
| -44% | -$1.52M |
|
|
VOXX
3234
DELISTED
VOXX International Corporation Class A
VOXX
| $1.47M | ﹤0.01% |
157,859
-127,085
| -45% | -$1.04M |
|
|
DLA
3235
DELISTED
Delta Apparel Inc.
DLA
| $1.47M | ﹤0.01% |
51,783
+971
| +2% | +$28.5K |
|
3236
Byrna Technologies
BYRN
$97.6M
| $1.47M | ﹤0.01% |
170,788
-171,330
| -50% | -$1.3M |
|
3237
Richmond Mutual Bancorp
RMBI
$256M
| $1.47M | ﹤0.01% |
105,004
+1,635
| +2% | +$25.1K |
|
|
GRTS
3238
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $1.47M | ﹤0.01% |
605,765
-257,785
| -30% | -$677K |
|
3239
Rallybio
RLYB
$90.1M
| $1.46M | ﹤0.01% |
24,226
-3,153
| -12% | -$237K |
|
3240
PepGen
PEPG
$206M
| $1.46M | ﹤0.01% |
+147,044
| New | +$1.64M |
|
|
CAMP
3241
DELISTED
CalAmp Corp.
CAMP
| $1.46M | ﹤0.01% |
15,233
-12,206
| -44% | -$1.7M |
|
|
CCRD
3242
DELISTED
CoreCard
CCRD
| $1.45M | ﹤0.01% |
59,603
-57,634
| -49% | -$1.36M |
|
3243
MakeMyTrip
MMYT
$5.71B
| $1.45M | ﹤0.01% |
56,598
+352
| +0.6% | +$9.09K |
|
3244
Oric Pharmaceuticals
ORIC
$1.42B
| $1.45M | ﹤0.01% |
324,373
-254,449
| -44% | -$1.02M |
|
3245
Wave Life Sciences
WVE
$1.02B
| $1.45M | ﹤0.01% |
446,790
-309,688
| -41% | -$596K |
|
|
PWOD
3246
DELISTED
Penns Woods Bancorp
PWOD
| $1.45M | ﹤0.01% |
62,727
+4,933
| +9% | +$115K |
|
3247
Evolution Petroleum
EPM
$135M
| $1.45M | ﹤0.01% |
265,063
+498
| +0.2% | +$3.35K |
|
3248
Value Line
VALU
$341M
| $1.45M | ﹤0.01% |
21,885
-2,782
| -11% | -$191K |
|
3249
MarketWise
MKTW
$53.1M
| $1.44M | ﹤0.01% |
20,032
+8,118
| +68% | +$564K |
|
3250
Vroom Inc
VRM
$54M
| $1.44M | ﹤0.01% |
14,415
-4,724
| -25% | -$593K |
|
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.