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 | |
|---|---|---|---|---|---|---|
3426
Genasys
GNSS
$77.9M
| $994K | ﹤0.01% |
305,874
+8,505
| +3% | +$27.3K |
|
|
EXTN
3427
DELISTED
Exterran Corporation
EXTN
| $992K | ﹤0.01% |
230,875
+2,180
| +1% | +$13.2K |
|
3428
DarioHealth
DRIO
$71.5M
| $990K | ﹤0.01% |
8,064
-5,155
| -39% | -$605K |
|
3429
Urban One Class A
UONE
$23.5M
| $990K | ﹤0.01% |
18,133
+14,227
| +364% | +$1.18M |
|
|
ALLK
3430
DELISTED
Allakos
ALLK
| $987K | ﹤0.01% |
315,379
-211,937
| -40% | -$792K |
|
|
ADN
3431
DELISTED
Advent Technologies
ADN
| $986K | ﹤0.01% |
13,052
-8,088
| -38% | -$488K |
|
|
AKUS
3432
DELISTED
Akouos Inc
AKUS
| $986K | ﹤0.01% |
210,358
-185,569
| -47% | -$656K |
|
3433
Eagle Bancorp Montana
EBMT
$189M
| $985K | ﹤0.01% |
49,504
+703
| +1% | +$14.3K |
|
|
FNCB
3434
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $985K | ﹤0.01% |
123,176
+343
| +0.3% | +$2.85K |
|
3435
Innodata
INOD
$2.03B
| $984K | ﹤0.01% |
203,436
+1,462
| +0.7% | +$9.43K |
|
3436
Ranger Energy Services
RNGR
$405M
| $984K | ﹤0.01% |
97,097
+63,427
| +188% | +$639K |
|
|
SAL
3437
DELISTED
Salisbury Bancorp, Inc.
SAL
| $982K | ﹤0.01% |
41,598
-4,692
| -10% | -$122K |
|
3438
Camtek
CAMT
$8.06B
| $981K | ﹤0.01% |
39,481
-3,137
| -7% | -$89.7K |
|
3439
NN Inc
NNBR
$298M
| $980K | ﹤0.01% |
387,464
-344,484
| -47% | -$955K |
|
|
RDBX
3440
DELISTED
Redbox Entertainment Inc. Class A Common Stock
RDBX
| $980K | ﹤0.01% |
132,448
-13,421
| -9% | -$79.2K |
|
|
CFRX
3441
DELISTED
ContraFect Corporation
CFRX
| $978K | ﹤0.01% |
3,984
+117
| +3% | +$33K |
|
3442
Natural Gas Services Group
NGS
$474M
| $976K | ﹤0.01% |
88,775
+1,636
| +2% | +$20.9K |
|
|
NNDM
3443
Nano Dimension
NNDM
$348M
| $975K | ﹤0.01% |
310,748
-4,374
| -1% | -$13K |
|
3444
Spruce Power Holding Corp
SPRU
$33.6M
| $970K | ﹤0.01% |
105,469
-95,055
| -47% | -$1.1M |
|
|
DRRX
3445
DELISTED
DURECT Corp
DRRX
| $969K | ﹤0.01% |
202,784
-178,327
| -47% | -$852K |
|
|
OTIC
3446
DELISTED
Otonomy, Inc.
OTIC
| $968K | ﹤0.01% |
465,534
+5,891
| +1% | +$12.3K |
|
3447
Priority Technology Holdings
PRTH
$458M
| $967K | ﹤0.01% |
293,043
+92,699
| +46% | +$455K |
|
|
NBIS
3448
Nebius Group N.V.
NBIS
$69.3B
| $961K | ﹤0.01% |
280,281
| – | – |
|
3449
SB Financial Group
SBFG
$171M
| $951K | ﹤0.01% |
55,149
+976
| +2% | +$17.8K |
|
3450
Altisource Portfolio Solutions
ASPS
$65.6M
| $949K | ﹤0.01% |
11,049
-2,325
| -17% | -$203K |
|
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.