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 | |
|---|---|---|---|---|---|---|
3826
AgEagle Aerial Systems
UAVS
$55.5M
| $455K | ﹤0.01% |
705
-645
| -48% | -$536K |
|
3827
Friedman Industries
FRD
$324M
| $454K | ﹤0.01% |
55,858
+357
| +0.6% | +$3.25K |
|
|
IMA
3828
ImageneBio Inc
IMA
$68M
| $454K | ﹤0.01% |
8,556
-18,861
| -69% | -$1.04M |
|
|
ONCT
3829
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
| $454K | ﹤0.01% |
20,480
-20,351
| -50% | -$454K |
|
|
SYBX
3830
DELISTED
Synlogic
SYBX
| $453K | ﹤0.01% |
26,266
+961
| +4% | +$20.8K |
|
3831
GH Research
GHRS
$2.08B
| $452K | ﹤0.01% |
45,303
+320
| +0.7% | +$4.16K |
|
3832
Korro Bio
KRRO
$197M
| $449K | ﹤0.01% |
5,998
-5,804
| -49% | -$392K |
|
|
STRM
3833
DELISTED
Streamline Health Solutions
STRM
| $447K | ﹤0.01% |
23,481
+121
| +0.5% | +$2.43K |
|
3834
VEON
VEON
$3.92B
| $446K | ﹤0.01% |
38,814
| – | – |
|
3835
loanDepot
LDI
$298M
| $445K | ﹤0.01% |
309,256
+147,919
| +92% | +$399K |
|
3836
VirTra
VTSI
$37.3M
| $439K | ﹤0.01% |
89,309
+642
| +0.7% | +$3.27K |
|
|
SUNW
3837
DELISTED
Sunworks, Inc.
SUNW
| $439K | ﹤0.01% |
278,228
+8,841
| +3% | +$16.9K |
|
|
HARP
3838
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $436K | ﹤0.01% |
22,873
-16,846
| -42% | -$436K |
|
3839
RF Industries
RFIL
$143M
| $435K | ﹤0.01% |
70,276
| – | – |
|
|
KEEL
3840
Keel Infrastructure Corp
KEEL
$2.19B
| $434K | ﹤0.01% |
388,296
+315,100
| +430% | +$715K |
|
3841
Endava
DAVA
$162M
| $434K | ﹤0.01% |
+4,928
| New | +$515K |
|
|
LENZ
3842
LENZ Therapeutics
LENZ
$158M
| $434K | ﹤0.01% |
22,569
-37,005
| -62% | -$825K |
|
|
XELA
3843
DELISTED
Exela Technologies, Inc. Common Stock
XELA
| $434K | ﹤0.01% |
950
+276
| +41% | +$300K |
|
3844
SCYNEXIS
SCYX
$47.9M
| $432K | ﹤0.01% |
29,091
+2,630
| +10% | +$50.6K |
|
3845
Exagen
XGN
$160M
| $431K | ﹤0.01% |
75,167
-78,333
| -51% | -$456K |
|
3846
Great Elm Group
GEG
$69M
| $430K | ﹤0.01% |
200,373
+1,356
| +0.7% | +$2.72K |
|
3847
EVI Industries
EVI
$206M
| $429K | ﹤0.01% |
42,986
-36,210
| -46% | -$482K |
|
|
AXLA
3848
DELISTED
Axcella Health Inc. Common Stock
AXLA
| $427K | ﹤0.01% |
8,417
+2,588
| +44% | +$127K |
|
3849
Alpha Pro Tech
APT
$54.8M
| $426K | ﹤0.01% |
95,709
-3,204
| -3% | -$13.6K |
|
3850
Mammoth Energy Services
TUSK
$158M
| $426K | ﹤0.01% |
193,893
+3,954
| +2% | +$8.86K |
|
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.