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 | |
|---|---|---|---|---|---|---|
|
ESSA
3351
DELISTED
ESSA Bancorp
ESSA
| $1.17M | ﹤0.01% |
69,895
+6,647
| +11% | +$111K |
|
3352
Franklin Financial Services
FRAF
$289M
| $1.17M | ﹤0.01% |
38,829
+5,240
| +16% | +$164K |
|
3353
Olema Pharmaceuticals
OLMA
$920M
| $1.17M | ﹤0.01% |
287,247
-187,651
| -40% | -$595K |
|
3354
Epsilon Energy
EPSN
$161M
| $1.16M | ﹤0.01% |
197,759
+99,386
| +101% | +$676K |
|
3355
Spok Holdings
SPOK
$230M
| $1.16M | ﹤0.01% |
184,264
-2,749
| -1% | -$20K |
|
|
PBIP
3356
DELISTED
Prudential Bancorp, Inc.
PBIP
| $1.16M | ﹤0.01% |
76,660
-9,248
| -11% | -$145K |
|
|
OSG
3357
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.16M | ﹤0.01% |
565,498
-33,008
| -6% | -$70.8K |
|
3358
Plumas Bancorp
PLBC
$442M
| $1.16M | ﹤0.01% |
40,604
+9,891
| +32% | +$322K |
|
|
RNDB
3359
DELISTED
Randolph Bancorp, Inc. Common Stock
RNDB
| $1.16M | ﹤0.01% |
43,752
+15,259
| +54% | +$400K |
|
|
FSFG
3360
DELISTED
First Savings Financial Group
FSFG
| $1.16M | ﹤0.01% |
48,294
+6,255
| +15% | +$153K |
|
|
ISPO
3361
DELISTED
Inspirato
ISPO
| $1.15M | ﹤0.01% |
12,431
+11,535
| +1,287% | +$1.33M |
|
3362
Viant Technology
DSP
$274M
| $1.15M | ﹤0.01% |
226,110
+1,353
| +0.6% | +$8.11K |
|
|
CEI
3363
DELISTED
Camber Energy, Inc
CEI
| $1.15M | ﹤0.01% |
57,772
+14,723
| +34% | +$503K |
|
3364
Choiceone Financial
COFS
$515M
| $1.14M | ﹤0.01% |
56,580
+454
| +0.8% | +$10.2K |
|
3365
Climb Global Solutions
CLMB
$532M
| $1.14M | ﹤0.01% |
136,860
+28,188
| +26% | +$245K |
|
|
SEVN
3366
Seven Hills Realty Trust
SEVN
$175M
| $1.14M | ﹤0.01% |
106,522
+24,748
| +30% | +$271K |
|
3367
Criteo S.A. Ordinary Shares
CRTO
$915M
| $1.13M | ﹤0.01% |
46,505
+256
| +0.6% | +$6.51K |
|
3368
Northeast Community Bancorp
NECB
$371M
| $1.13M | ﹤0.01% |
96,401
+34,306
| +55% | +$387K |
|
|
SACH
3369
Sachem Capital Corp
SACH
$37.6M
| $1.13M | ﹤0.01% |
277,513
+55,829
| +25% | +$262K |
|
|
NETI
3370
DELISTED
Eneti Inc.
NETI
| $1.13M | ﹤0.01% |
+184,484
| New | +$1.18M |
|
3371
Standard BioTools
LAB
$294M
| $1.13M | ﹤0.01% |
706,566
-632,190
| -47% | -$1.56M |
|
3372
Dave Inc
DAVE
$4.26B
| $1.13M | ﹤0.01% |
51,192
+1,155
| +2% | +$112K |
|
3373
AirSculpt Technologies
AIRS
$244M
| $1.12M | ﹤0.01% |
189,515
+63,635
| +51% | +$599K |
|
3374
Daktronics
DAKT
$988M
| $1.12M | ﹤0.01% |
372,598
-260,140
| -41% | -$870K |
|
|
FSTX
3375
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $1.12M | ﹤0.01% |
178,939
+33,508
| +23% | +$113K |
|
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.