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 | |
|---|---|---|---|---|---|---|
3451
Jakks Pacific
JAKK
$294M
| $948K | ﹤0.01% |
74,947
+5,355
| +8% | +$70.9K |
|
3452
ARS Pharmaceuticals
SPRY
$606M
| $948K | ﹤0.01% |
223,652
-138,988
| -38% | -$485K |
|
3453
BGSF Inc
BGSF
$59.2M
| $942K | ﹤0.01% |
76,273
+2,236
| +3% | +$28K |
|
3454
IBEX
IBEX
$482M
| $942K | ﹤0.01% |
55,862
-102
| -0.2% | -$1.66K |
|
3455
Sensus Healthcare
SRTS
$52M
| $941K | ﹤0.01% |
122,529
+1,353
| +1% | +$11.4K |
|
3456
Union Bankshares
UNB
$122M
| $938K | ﹤0.01% |
35,895
+109
| +0.3% | +$3.16K |
|
3457
Redwire
RDW
$3.3B
| $937K | ﹤0.01% |
308,265
+166,867
| +118% | +$803K |
|
3458
Quantum Corp
QMCO
$973M
| $935K | ﹤0.01% |
32,925
-20,463
| -38% | -$775K |
|
3459
Lee Enterprises
LEE
$181M
| $929K | ﹤0.01% |
48,935
+3,627
| +8% | +$79.4K |
|
3460
Annexon
ANNX
$862M
| $926K | ﹤0.01% |
245,717
-268,714
| -52% | -$821K |
|
3461
Westwood Holdings Group
WHG
$184M
| $926K | ﹤0.01% |
67,137
+1,651
| +3% | +$25.5K |
|
3462
Oak Valley Bancorp
OVLY
$288M
| $925K | ﹤0.01% |
53,804
+6,677
| +14% | +$117K |
|
3463
Torrid Holdings
CURV
$230M
| $924K | ﹤0.01% |
214,098
-46,913
| -18% | -$263K |
|
3464
Ohio Valley Banc Corp
OVBC
$218M
| $920K | ﹤0.01% |
30,514
+4,973
| +19% | +$151K |
|
3465
Mistras Group
MG
$584M
| $917K | ﹤0.01% |
154,469
-154,318
| -50% | -$912K |
|
3466
CB Financial Services
CBFV
$190M
| $916K | ﹤0.01% |
40,110
-5,997
| -13% | -$135K |
|
|
NAGE
3467
Niagen Bioscience
NAGE
$241M
| $916K | ﹤0.01% |
548,737
-375,326
| -41% | -$734K |
|
|
CIXX
3468
DELISTED
CI Financial Corp.
CIXX
| $916K | ﹤0.01% |
80,135
+949
| +1% | +$12K |
|
|
HGEN
3469
DELISTED
HUMANIGEN, INC.
HGEN
| $914K | ﹤0.01% |
516,801
-274,613
| -35% | -$616K |
|
|
BBQ
3470
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $912K | ﹤0.01% |
87,533
+6,610
| +8% | +$86.4K |
|
|
EARN
3471
Ellington Residential Mortgage REIT
EARN
$167M
| $908K | ﹤0.01% |
121,587
+1,521
| +1% | +$12.6K |
|
3472
Cardiff Oncology
CRDF
$76.6M
| $906K | ﹤0.01% |
412,110
-257,719
| -38% | -$432K |
|
|
FONR
3473
DELISTED
Fonar
FONR
| $904K | ﹤0.01% |
59,567
+1,645
| +3% | +$27.7K |
|
|
ADVM
3474
DELISTED
Adverum Biotechnologies
ADVM
| $903K | ﹤0.01% |
75,300
-67,264
| -47% | -$705K |
|
|
TCRR
3475
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $903K | ﹤0.01% |
311,464
-227,546
| -42% | -$561K |
|
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.