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 | |
|---|---|---|---|---|---|---|
|
API
3926
Agora
API
$379M
| $368K | ﹤0.01% |
54,952
+5,601
| +11% | +$39.7K |
|
|
AGFS
3927
DELISTED
AgroFresh Solutions Inc
AGFS
| $368K | ﹤0.01% |
205,814
-299
| -0.1% | -$532 |
|
3928
Usio Inc
USIO
$65.7M
| $367K | ﹤0.01% |
151,194
+3,032
| +2% | +$8.03K |
|
|
TESS
3929
DELISTED
Tessco Technologies Inc
TESS
| $367K | ﹤0.01% |
62,206
+3,124
| +5% | +$18.7K |
|
3930
Inuvo
INUV
$14.2M
| $366K | ﹤0.01% |
74,042
+2,496
| +3% | +$11.1K |
|
3931
Kaltura
KLTR
$241M
| $364K | ﹤0.01% |
183,345
-460,778
| -72% | -$788K |
|
|
LILM
3932
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
| $364K | ﹤0.01% |
154,385
| – | – |
|
3933
HDFC Bank
HDB
$119B
| $363K | ﹤0.01% |
13,234
-5,226
| -28% | -$147K |
|
|
PFIE
3934
DELISTED
Profire Energy, Inc
PFIE
| $363K | ﹤0.01% |
252,515
+16,395
| +7% | +$22K |
|
3935
Heritage Global
HGBL
$37.2M
| $362K | ﹤0.01% |
241,669
+94,344
| +64% | +$116K |
|
3936
Mustang Bio
MBIO
$4.61M
| $362K | ﹤0.01% |
825
-850
| -51% | -$471K |
|
3937
Mastech Digital
MHH
$92.7M
| $362K | ﹤0.01% |
24,363
+427
| +2% | +$7.65K |
|
|
MTEM
3938
DELISTED
Molecular Templates, Inc.
MTEM
| $361K | ﹤0.01% |
26,447
-20,668
| -44% | -$483K |
|
|
ACB
3939
Aurora Cannabis
ACB
$237M
| $360K | ﹤0.01% |
27,343
+9,275
| +51% | +$232K |
|
3940
BuzzFeed
BZFD
$92.5M
| $360K | ﹤0.01% |
58,557
+5,495
| +10% | +$82.9K |
|
3941
Lightbridge
LTBR
$333M
| $360K | ﹤0.01% |
77,458
+4,739
| +7% | +$30K |
|
3942
Moleculin Biotech
MBRX
$3.71M
| $358K | ﹤0.01% |
659
+4
| +0.6% | +$2.33K |
|
3943
DiaMedica Therapeutics
DMAC
$369M
| $357K | ﹤0.01% |
177,022
+2,164
| +1% | +$5.05K |
|
3944
Marchex
MCHX
$77.5M
| $357K | ﹤0.01% |
270,905
+1,562
| +0.6% | +$2.93K |
|
|
RVLP
3945
DELISTED
RVL Pharmaceuticals plc Ordinary Shares
RVLP
| $357K | ﹤0.01% |
262,777
+9,692
| +4% | +$14K |
|
|
TECX
3946
Tectonic Therapeutic
TECX
$720M
| $355K | ﹤0.01% |
32,238
-29,902
| -48% | -$352K |
|
3947
Wipro
WIT
$19.3B
| $353K | ﹤0.01% |
133,172
+18,956
| +17% | +$59.7K |
|
|
EMAN
3948
DELISTED
eMagin Corporation
EMAN
| $353K | ﹤0.01% |
543,731
+16,280
| +3% | +$13.3K |
|
3949
Ampco-Pittsburgh
AP
$190M
| $352K | ﹤0.01% |
91,121
+1,528
| +2% | +$7.29K |
|
|
IRAA
3950
DELISTED
Iris Acquisition Corp Class A Common Stock
IRAA
| $352K | ﹤0.01% |
+36,092
| New | +$353K |
|
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.