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 | |
|---|---|---|---|---|---|---|
801
Helen of Troy
HELE
$682M
| $81.8M | 0.01% |
503,653
+58,173
| +13% | +$11M |
|
|
BLD
802
DELISTED
TopBuild
BLD
| $81.5M | 0.01% |
487,686
+47,016
| +11% | +$8.6M |
|
803
Tenable Holdings
TENB
$4.17B
| $81.3M | 0.01% |
1,791,116
+157,470
| +10% | +$8.11M |
|
804
Acuity Brands
AYI
$10.7B
| $81.2M | 0.01% |
527,238
+53,122
| +11% | +$9.01M |
|
805
MKS Inc
MKSI
$19.9B
| $81.2M | 0.01% |
791,279
+11,846
| +2% | +$1.38M |
|
806
Range Resources
RRC
$9.5B
| $81M | 0.01% |
3,274,393
-1,010,063
| -24% | -$30.9M |
|
807
Essent Group
ESNT
$6.08B
| $81M | 0.01% |
2,073,849
-55,224
| -3% | -$2.25M |
|
808
ZTO Express
ZTO
$17.6B
| $81M | 0.01% |
2,958,056
+64,964
| +2% | +$1.66M |
|
809
Unity
U
$19.3B
| $80.9M | 0.01% |
2,199,683
+297,827
| +16% | +$16.9M |
|
810
Capri Holdings
CPRI
$1.77B
| $80.5M | 0.01% |
1,963,926
+60,031
| +3% | +$2.79M |
|
|
LSXMK
811
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $80.3M | 0.01% |
2,877,297
+647
| +0% | +$20.4K |
|
812
Lantheus
LNTH
$6.57B
| $80.3M | 0.01% |
1,215,595
-19,804
| -2% | -$1.25M |
|
813
Coca-Cola Europacific Partners
CCEP
$47.1B
| $80.2M | 0.01% |
1,560,828
+56,020
| +4% | +$2.87M |
|
814
Sun Life Financial
SLF
$44.6B
| $80M | 0.01% |
1,736,166
+53,441
| +3% | +$2.66M |
|
815
Morningstar
MORN
$7.33B
| $79.9M | 0.01% |
330,495
-743
| -0.2% | -$187K |
|
|
SRC
816
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $79.8M | 0.01% |
2,112,837
+132,343
| +7% | +$5.57M |
|
817
Starwood Property Trust
STWD
$6.17B
| $79.8M | 0.01% |
3,819,410
-46,146
| -1% | -$1.06M |
|
818
Toll Brothers
TOL
$14.3B
| $79.7M | 0.01% |
1,786,707
+149,873
| +9% | +$7.01M |
|
819
Prosperity Bancshares
PB
$8.85B
| $79.7M | 0.01% |
1,167,846
-12,409
| -1% | -$852K |
|
820
Old National Bancorp
ONB
$10.3B
| $79.7M | 0.01% |
5,390,411
+44,368
| +0.8% | +$684K |
|
821
AGNC Investment
AGNC
$12.9B
| $79.7M | 0.01% |
7,186,780
-437,147
| -6% | -$5.18M |
|
|
DOC
822
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $79.3M | 0.01% |
4,544,346
+17,308
| +0.4% | +$306K |
|
|
CHNG
823
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $79.2M | 0.01% |
3,434,651
-50,587
| -1% | -$1.18M |
|
824
Murphy Oil
MUR
$5.12B
| $79.1M | 0.01% |
2,620,882
-22,851
| -0.9% | -$881K |
|
825
nVent Electric
NVT
$27.1B
| $78.9M | 0.01% |
2,517,103
+237,785
| +10% | +$8.11M |
|
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.