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 | |
|---|---|---|---|---|---|---|
3551
Immunic
IMUX
$225M
| $745K | ﹤0.01% |
21,498
-14,598
| -40% | -$935K |
|
3552
Finance of America Companies
FOA
$206M
| $744K | ﹤0.01% |
47,444
+16,663
| +54% | +$385K |
|
|
LFT
3553
Lument Finance Trust
LFT
$36.4M
| $743K | ﹤0.01% |
312,200
+2,584
| +0.8% | +$6.66K |
|
3554
Cue Biopharma
CUE
$133M
| $742K | ﹤0.01% |
9,936
-8,344
| -46% | -$976K |
|
|
ENZ
3555
DELISTED
Enzo Biochem, Inc.
ENZ
| $738K | ﹤0.01% |
356,567
+6,746
| +2% | +$16.7K |
|
|
BLU
3556
DELISTED
BELLUS Health Inc.
BLU
| $738K | ﹤0.01% |
80,113
+23,295
| +41% | +$191K |
|
|
PLM
3557
DELISTED
PolyMet Mining Corp.
PLM
| $738K | ﹤0.01% |
268,646
+9,244
| +4% | +$28.5K |
|
|
STRR
3558
Star Equity Holdings
STRR
$37.8M
| $736K | ﹤0.01% |
23,443
+5,952
| +34% | +$211K |
|
|
RJET
3559
Republic Airways Holdings
RJET
$962M
| $732K | ﹤0.01% |
22,306
-14,910
| -40% | -$701K |
|
|
TRVN
3560
DELISTED
Trevena, Inc.
TRVN
| $732K | ﹤0.01% |
2,830
-2,382
| -46% | -$524K |
|
|
EVLO
3561
DELISTED
Evelo Biosciences, Inc. Common Stock
EVLO
| $731K | ﹤0.01% |
17,336
-9,960
| -36% | -$462K |
|
3562
TherapeuticsMD
TXMD
$24.1M
| $729K | ﹤0.01% |
73,283
-59,278
| -45% | -$566K |
|
|
FORA
3563
DELISTED
Forian
FORA
| $727K | ﹤0.01% |
165,665
-145,272
| -47% | -$559K |
|
|
PHX
3564
DELISTED
PHX Minerals
PHX
| $723K | ﹤0.01% |
238,097
-30,344
| -11% | -$106K |
|
3565
Energous
WATT
$83.2M
| $723K | ﹤0.01% |
1,207
+41
| +4% | +$25K |
|
|
MIMO
3566
DELISTED
Airspan Networks Holdings Inc
MIMO
| $720K | ﹤0.01% |
240,920
+2,066
| +0.9% | +$5.77K |
|
3567
Capricor Therapeutics
CAPR
$252M
| $719K | ﹤0.01% |
206,063
-15,549
| -7% | -$55.2K |
|
3568
Ero Copper
ERO
$3.57B
| $719K | ﹤0.01% |
74,548
+17,725
| +31% | +$221K |
|
3569
Airgain
AIRG
$68.5M
| $714K | ﹤0.01% |
88,042
-3,059
| -3% | -$27.6K |
|
3570
PAVmed
PAVM
$32.9M
| $714K | ﹤0.01% |
1,698
-1,089
| -39% | -$526K |
|
3571
Prelude Therapeutics
PRLD
$432M
| $708K | ﹤0.01% |
135,641
-71,935
| -35% | -$366K |
|
|
TAST
3572
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $704K | ﹤0.01% |
348,907
-271,977
| -44% | -$508K |
|
3573
Cineverse
CNVS
$70.4M
| $703K | ﹤0.01% |
71,453
+4,896
| +7% | +$66K |
|
|
CYPH
3574
Cypherpunk Technologies Inc
CYPH
$68.9M
| $700K | ﹤0.01% |
60,877
| – | – |
|
3575
Neuronetics
STIM
$217M
| $696K | ﹤0.01% |
216,839
-176,427
| -45% | -$512K |
|
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.