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 | |
|---|---|---|---|---|---|---|
|
SBDS
3301
DELISTED
Solo Brands Inc
SBDS
| $1.29M | ﹤0.01% |
7,937
+1,688
| +27% | +$369K |
|
3302
Matrix Service
MTRX
$328M
| $1.29M | ﹤0.01% |
254,274
-245,290
| -49% | -$1.54M |
|
3303
Pangaea Logistics
PANL
$496M
| $1.28M | ﹤0.01% |
252,883
+63,971
| +34% | +$350K |
|
3304
Alamos Gold
AGI
$13.8B
| $1.27M | ﹤0.01% |
181,875
+17,447
| +11% | +$136K |
|
3305
Red Robin
RRGB
$183M
| $1.27M | ﹤0.01% |
158,628
-130,588
| -45% | -$1.41M |
|
3306
Medallion Financial
MFIN
$262M
| $1.27M | ﹤0.01% |
198,283
+12,836
| +7% | +$97.9K |
|
3307
Smith Micro Software
SMSI
$16.2M
| $1.27M | ﹤0.01% |
12,841
-9,693
| -43% | -$1.13M |
|
3308
Millicom
TIGO
$15.8B
| $1.27M | ﹤0.01% |
88,189
+8,019
| +10% | +$165K |
|
|
MBCN
3309
DELISTED
Middlefield Banc Corp
MBCN
| $1.26M | ﹤0.01% |
50,185
-4,827
| -9% | -$122K |
|
3310
MainStreet Bancshares
MNSB
$179M
| $1.26M | ﹤0.01% |
55,383
+6,007
| +12% | +$146K |
|
3311
Peoples Bancorp of North Carolina
PEBK
$237M
| $1.26M | ﹤0.01% |
46,411
+732
| +2% | +$19.8K |
|
3312
Hallador Energy
HNRG
$730M
| $1.26M | ﹤0.01% |
232,866
-9,738
| -4% | -$47K |
|
|
FRGI
3313
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.25M | ﹤0.01% |
175,762
-144,457
| -45% | -$1.02M |
|
|
CMCT
3314
Creative Media & Community Trust
CMCT
$15M
| $1.25M | ﹤0.01% |
7
-1
| -13% | -$177K |
|
3315
Park-Ohio Holdings
PKOH
$718M
| $1.25M | ﹤0.01% |
78,831
-63,962
| -45% | -$899K |
|
3316
Personalis
PSNL
$1.54B
| $1.25M | ﹤0.01% |
361,966
-285,002
| -44% | -$1.45M |
|
|
TRML
3317
DELISTED
Tourmaline Bio
TRML
| $1.25M | ﹤0.01% |
27,635
+549
| +2% | +$43.3K |
|
3318
KVH Industries
KVHI
$143M
| $1.24M | ﹤0.01% |
142,785
-113,407
| -44% | -$923K |
|
3319
Security National Financial
SNFCA
$241M
| $1.24M | ﹤0.01% |
178,417
+404
| +0.2% | +$2.94K |
|
|
STLN
3320
Starling Oncology, Inc. Common Stock
STLN
$638M
| $1.24M | ﹤0.01% |
245,391
+164,989
| +205% | +$1.2M |
|
|
PHLT
3321
DELISTED
Performant Healthcare Inc
PHLT
| $1.24M | ﹤0.01% |
471,780
+25,000
| +6% | +$62.1K |
|
3322
Entrada Therapeutics
TRDA
$290M
| $1.24M | ﹤0.01% |
101,771
-75,962
| -43% | -$576K |
|
|
GATO
3323
DELISTED
Gatos Silver, Inc.
GATO
| $1.24M | ﹤0.01% |
430,916
-325,854
| -43% | -$1.14M |
|
3324
Stratasys
SSYS
$779M
| $1.24M | ﹤0.01% |
65,903
-4,043
| -6% | -$79.6K |
|
3325
Lantronix
LTRX
$272M
| $1.23M | ﹤0.01% |
228,886
+24,839
| +12% | +$143K |
|
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.