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 | |
|---|---|---|---|---|---|---|
|
SDC
3401
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $1.05M | ﹤0.01% |
1,007,494
+7,576
| +0.8% | +$12.3K |
|
3402
Alpha Teknova
TKNO
$396M
| $1.04M | ﹤0.01% |
123,572
-1,419
| -1% | -$15K |
|
|
GORV
3403
DELISTED
Lazydays
GORV
| $1.03M | ﹤0.01% |
2,929
-1,401
| -32% | -$713K |
|
3404
Newegg Commerce
NEGG
$397M
| $1.03M | ﹤0.01% |
14,072
+75
| +0.5% | +$7.91K |
|
|
INZY
3405
DELISTED
Inozyme Pharma
INZY
| $1.03M | ﹤0.01% |
216,925
+30,918
| +17% | +$134K |
|
3406
Saga Communications
SGA
$61.8M
| $1.03M | ﹤0.01% |
41,592
+978
| +2% | +$22.6K |
|
|
CALB
3407
DELISTED
California BanCorp Common Stock
CALB
| $1.03M | ﹤0.01% |
54,381
| – | – |
|
|
CHMI
3408
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $1.03M | ﹤0.01% |
160,703
-21,044
| -12% | -$145K |
|
3409
Flexsteel Industries
FLXS
$303M
| $1.03M | ﹤0.01% |
57,158
-57,133
| -50% | -$1.14M |
|
|
CNCE
3410
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.03M | ﹤0.01% |
244,373
-8,811
| -3% | -$34.9K |
|
|
EMBK
3411
DELISTED
Embark Technology, Inc. Common Stock
EMBK
| $1.03M | ﹤0.01% |
101,709
+519
| +0.5% | +$30.3K |
|
|
AAIC
3412
DELISTED
Arlington Asset Investment Corp.
AAIC
| $1.02M | ﹤0.01% |
314,236
-57,877
| -16% | -$193K |
|
|
APEN
3413
DELISTED
Apollo Endosurgery, Inc.
APEN
| $1.02M | ﹤0.01% |
279,456
+16,463
| +6% | +$77.8K |
|
3414
TransAlta
TAC
$3.99B
| $1.01M | ﹤0.01% |
88,943
-59,269
| -40% | -$653K |
|
|
FFNW
3415
DELISTED
First Financial Northwest, Inc
FFNW
| $1.01M | ﹤0.01% |
65,216
+234
| +0.4% | +$3.87K |
|
|
BOXD
3416
DELISTED
Boxed, Inc.
BOXD
| $1.01M | ﹤0.01% |
547,893
+111,568
| +26% | +$861K |
|
|
GPGI
3417
GPGI Inc
GPGI
$3.75B
| $1.01M | ﹤0.01% |
234,236
+164,794
| +237% | +$933K |
|
3418
Urban One Class D
UONEK
$24.1M
| $1.01M | ﹤0.01% |
23,606
+823
| +4% | +$47.9K |
|
|
ERF
3419
DELISTED
Enerplus Corporation
ERF
| $1.01M | ﹤0.01% |
76,396
-599
| -0.8% | -$8.25K |
|
3420
Virginia National Bankshares
VABK
$254M
| $1.01M | ﹤0.01% |
32,013
+13,354
| +72% | +$437K |
|
3421
Willis Lease Finance
WLFC
$1.15B
| $1.01M | ﹤0.01% |
80,541
-72,096
| -47% | -$819K |
|
|
BTWN
3422
DELISTED
Bridgetown Holdings Limited Class A Ordinary Shares
BTWN
| $1M | ﹤0.01% |
101,324
-9,335
| -8% | -$92.3K |
|
|
DS
3423
DELISTED
Drive Shack Inc.
DS
| $1M | ﹤0.01% |
734,291
-703,919
| -49% | -$1M |
|
|
MOMO
3424
Hello Group
MOMO
$850M
| $1M | ﹤0.01% |
198,371
-645,916
| -77% | -$3.39M |
|
3425
Acme United Corp
ACU
$233M
| $1M | ﹤0.01% |
31,606
+715
| +2% | +$23.2K |
|
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.