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 | |
|---|---|---|---|---|---|---|
1226
MaxLinear
MXL
$6.74B
| $43.1M | 0.01% |
1,266,962
+5,326
| +0.4% | +$223K |
|
|
MTOR
1227
DELISTED
MERITOR, Inc.
MTOR
| $43M | 0.01% |
1,184,451
+6,713
| +0.6% | +$242K |
|
1228
Albany International
AIN
$1.81B
| $43M | 0.01% |
546,056
+1,088
| +0.2% | +$88.6K |
|
1229
Four Corners Property Trust
FCPT
$2.74B
| $43M | 0.01% |
1,616,930
+33,820
| +2% | +$921K |
|
1230
Fulton Financial
FULT
$4.67B
| $42.9M | 0.01% |
2,967,125
+34,377
| +1% | +$531K |
|
1231
Wayfair
W
$14.1B
| $42.9M | 0.01% |
985,502
+25,207
| +3% | +$1.77M |
|
1232
Sunstone Hotel Investors
SHO
$2.01B
| $42.9M | 0.01% |
4,320,386
-165,772
| -4% | -$1.9M |
|
1233
Teck Resources
TECK
$32.4B
| $42.9M | 0.01% |
1,393,526
+60,956
| +5% | +$2.41M |
|
1234
Evolent Health
EVH
$471M
| $42.7M | 0.01% |
1,391,689
-11,896
| -0.8% | -$347K |
|
1235
EnerSys
ENS
$6.81B
| $42.6M | 0.01% |
722,518
-6,522
| -0.9% | -$430K |
|
1236
J&J Snack Foods
JJSF
$1.67B
| $42.4M | 0.01% |
303,518
+27,563
| +10% | +$3.78M |
|
1237
Brighthouse Financial
BHF
$3.44B
| $42.4M | 0.01% |
1,032,926
-56,234
| -5% | -$2.71M |
|
1238
Evertec
EVTC
$1.82B
| $42.4M | 0.01% |
1,148,433
+95,781
| +9% | +$3.66M |
|
|
CLR
1239
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $42.3M | 0.01% |
647,955
-121,455
| -16% | -$7.7M |
|
1240
Rush Enterprises Class A
RUSHA
$9.41B
| $42.3M | 0.01% |
1,317,033
+1,017
| +0.1% | +$34K |
|
1241
Rambus
RMBS
$11B
| $42.3M | 0.01% |
1,969,044
-7,086
| -0.4% | -$175K |
|
|
SEM
1242
DELISTED
Select Medical
SEM
| $42.3M | 0.01% |
3,323,485
-66,679
| -2% | -$856K |
|
1243
Nutanix
NTNX
$17.5B
| $42.2M | 0.01% |
2,882,384
+36,135
| +1% | +$753K |
|
1244
Nu Skin
NUS
$236M
| $42.1M | 0.01% |
973,255
+75,005
| +8% | +$3.44M |
|
1245
Spectrum Brands
SPB
$2.03B
| $42.1M | 0.01% |
513,787
-7,735
| -1% | -$664K |
|
1246
Atlassian
TEAM
$39.4B
| $42.1M | 0.01% |
224,820
+9,210
| +4% | +$1.97M |
|
1247
News Corp Class B
NWS
$17.7B
| $41.9M | 0.01% |
2,641,655
+136,743
| +5% | +$2.55M |
|
1248
Innospec
IOSP
$2.29B
| $41.9M | 0.01% |
437,272
-4,401
| -1% | -$428K |
|
1249
Affirm
AFRM
$24.6B
| $41.8M | 0.01% |
2,318,647
+661,660
| +40% | +$18M |
|
1250
Bumble
BMBL
$344M
| $41.8M | 0.01% |
1,483,668
+739,932
| +99% | +$20.1M |
|
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.