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 | |
|---|---|---|---|---|---|---|
1076
Workiva
WK
$3.68B
| $53M | 0.01% |
803,057
+53,401
| +7% | +$4.44M |
|
|
BPMC
1077
DELISTED
Blueprint Medicines
BPMC
| $53M | 0.01% |
1,048,949
+12,341
| +1% | +$723K |
|
1078
CGI
GIB
$15.2B
| $53M | 0.01% |
666,171
+12,848
| +2% | +$1.04M |
|
|
AJRD
1079
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $52.9M | 0.01% |
1,302,930
+33,344
| +3% | +$1.35M |
|
1080
Thomson Reuters
TRI
$44.1B
| $52.7M | 0.01% |
478,349
+15,794
| +3% | +$1.67M |
|
1081
Novavax
NVAX
$1.31B
| $52.6M | 0.01% |
1,022,596
+23,197
| +2% | +$1.2M |
|
1082
Korn Ferry
KFY
$4.25B
| $52.5M | 0.01% |
905,448
-36,338
| -4% | -$2.21M |
|
1083
Crocs
CROX
$6.22B
| $52.5M | 0.01% |
1,079,207
-2,325
| -0.2% | -$141K |
|
1084
California Resources
CRC
$4.83B
| $52.3M | 0.01% |
1,359,196
+3,444
| +0.3% | +$148K |
|
1085
Neogen
NEOG
$2.49B
| $52.3M | 0.01% |
2,169,876
+174,596
| +9% | +$4.68M |
|
|
MZTI
1086
The Marzetti Company
MZTI
$3.15B
| $52.3M | 0.01% |
405,898
+40,119
| +11% | +$5.49M |
|
1087
Coinbase
COIN
$39.2B
| $52.2M | 0.01% |
1,111,299
+617,236
| +125% | +$58.7M |
|
|
WBT
1088
DELISTED
Welbilt, Inc.
WBT
| $52.1M | 0.01% |
2,186,245
+17,788
| +0.8% | +$420K |
|
1089
Visteon
VC
$2.81B
| $52M | 0.01% |
501,715
-5,187
| -1% | -$535K |
|
1090
Alarm.com
ALRM
$2.7B
| $51.8M | 0.01% |
836,568
+2,279
| +0.3% | +$140K |
|
1091
Signet Jewelers
SIG
$3.59B
| $51.6M | 0.01% |
965,729
+15,555
| +2% | +$1.01M |
|
1092
Merit Medical Systems
MMSI
$5.42B
| $51.5M | 0.01% |
948,677
+36,718
| +4% | +$2.24M |
|
1093
California Water Service
CWT
$3.08B
| $51.5M | 0.01% |
926,663
+11,151
| +1% | +$601K |
|
|
ARNC
1094
DELISTED
Arconic Corporation
ARNC
| $51.4M | 0.01% |
1,833,441
-11,768
| -0.6% | -$318K |
|
1095
Matsons
MATX
$6.41B
| $51.4M | 0.01% |
705,284
-47,899
| -6% | -$4.12M |
|
1096
Diodes
DIOD
$4.92B
| $51.4M | 0.01% |
795,649
+6,193
| +0.8% | +$452K |
|
1097
Bankunited
BKU
$3.39B
| $51.3M | 0.01% |
1,443,408
-49,288
| -3% | -$1.95M |
|
1098
Prestige Consumer Healthcare
PBH
$2.51B
| $51.3M | 0.01% |
872,060
+6,923
| +0.8% | +$382K |
|
|
DEN
1099
DELISTED
Denbury Inc.
DEN
| $51.3M | 0.01% |
854,312
+2,548
| +0.3% | +$181K |
|
1100
Grocery Outlet
GO
$994M
| $51.2M | 0.01% |
1,200,895
-36,624
| -3% | -$1.34M |
|
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.