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 | |
|---|---|---|---|---|---|---|
|
ALTR
1151
DELISTED
Altair Engineering Inc
ALTR
| $48.3M | 0.01% |
920,651
+42,451
| +5% | +$2.32M |
|
1152
Simmons First National
SFNC
$3.45B
| $48.3M | 0.01% |
2,273,139
+229,398
| +11% | +$5.57M |
|
1153
Assured Guaranty
AGO
$3.29B
| $48.3M | 0.01% |
864,940
-7,202
| -0.8% | -$416K |
|
1154
Coca-Cola Consolidated
COKE
$12.6B
| $48.1M | 0.01% |
852,560
+4,710
| +0.6% | +$246K |
|
|
TMHC
1155
DELISTED
Taylor Morrison
TMHC
| $48M | 0.01% |
2,056,886
-64,679
| -3% | -$1.71M |
|
1156
PBF Energy
PBF
$8.34B
| $48M | 0.01% |
1,653,371
-5,613
| -0.3% | -$176K |
|
|
SUM
1157
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $48M | 0.01% |
2,095,035
-2,333
| -0.1% | -$62K |
|
1158
Silgan Holdings
SLGN
$4.3B
| $48M | 0.01% |
1,159,618
-5,879
| -0.5% | -$258K |
|
1159
Hyatt Hotels
H
$16.8B
| $47.9M | 0.01% |
648,200
+1,197
| +0.2% | +$104K |
|
1160
Flowserve
FLS
$10.3B
| $47.9M | 0.01% |
1,671,952
-8,875
| -0.5% | -$283K |
|
|
HBI
1161
DELISTED
Hanesbrands
HBI
| $47.9M | 0.01% |
4,651,524
-5,815
| -0.1% | -$72.3K |
|
1162
Blackbaud
BLKB
$2.03B
| $47.8M | 0.01% |
823,437
+18,261
| +2% | +$1.06M |
|
1163
Associated Banc-Corp
ASB
$6.07B
| $47.8M | 0.01% |
2,618,306
+11,643
| +0.4% | +$236K |
|
1164
BellRing Brands
BRBR
$1.27B
| $47.7M | 0.01% |
1,918,044
-23,444
| -1% | -$573K |
|
1165
Ollie's Bargain Outlet
OLLI
$4.73B
| $47.7M | 0.01% |
812,438
-12,485
| -2% | -$631K |
|
1166
Kosmos Energy
KOS
$1.49B
| $47.6M | 0.01% |
7,689,767
+15,360
| +0.2% | +$111K |
|
1167
Outfront Media
OUT
$5.29B
| $47.6M | 0.01% |
2,850,199
-146,322
| -5% | -$3.18M |
|
1168
WSFS Financial
WSFS
$4.15B
| $47.5M | 0.01% |
1,185,510
-11,365
| -0.9% | -$468K |
|
|
PDCO
1169
DELISTED
Patterson Companies, Inc.
PDCO
| $47.5M | 0.01% |
1,567,653
-5,116
| -0.3% | -$160K |
|
1170
Hamilton Lane
HLNE
$5.69B
| $47.5M | 0.01% |
706,748
+59,262
| +9% | +$4.08M |
|
1171
Bloom Energy
BE
$69.8B
| $47.4M | 0.01% |
2,873,429
+335,459
| +13% | +$6.14M |
|
1172
LCI Industries
LCII
$2.6B
| $47.4M | 0.01% |
423,587
-735
| -0.2% | -$80.3K |
|
1173
Teva Pharmaceuticals
TEVA
$42.8B
| $47.4M | 0.01% |
6,318,399
+230,504
| +4% | +$2.01M |
|
1174
ATI
ATI
$31.4B
| $47.4M | 0.01% |
2,086,269
-82,847
| -4% | -$2.18M |
|
|
AXNX
1175
DELISTED
Axonics, Inc. Common Stock
AXNX
| $47.4M | 0.01% |
835,553
+559
| +0.1% | +$30.6K |
|
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.