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 | |
|---|---|---|---|---|---|---|
1251
Ingevity
NGVT
$2.62B
| $41.7M | 0.01% |
660,401
-13,476
| -2% | -$878K |
|
|
AIMC
1252
DELISTED
Altra Industrial Motion Corp
AIMC
| $41.7M | 0.01% |
1,182,289
-2,966
| -0.3% | -$110K |
|
1253
Travel + Leisure Co
TNL
$4.58B
| $41.6M | 0.01% |
1,071,392
-22,428
| -2% | -$1.11M |
|
1254
Peabody Energy
BTU
$3.01B
| $41.6M | 0.01% |
1,949,733
+360,518
| +23% | +$8.85M |
|
1255
Aaon
AAON
$7.03B
| $41.5M | 0.01% |
1,137,489
+20,671
| +2% | +$724K |
|
1256
International Bancshares
IBOC
$4.52B
| $41.4M | 0.01% |
1,033,752
+16,277
| +2% | +$664K |
|
1257
Natera
NTRA
$45.5B
| $41.4M | 0.01% |
1,168,999
+13,714
| +1% | +$508K |
|
1258
Insmed
INSM
$28.9B
| $41.4M | 0.01% |
2,096,868
-21,486
| -1% | -$450K |
|
1259
Vishay Intertechnology
VSH
$5.15B
| $41.3M | 0.01% |
2,317,657
-9,442
| -0.4% | -$179K |
|
1260
KB Home
KBH
$3.42B
| $41.2M | 0.01% |
1,448,088
+6,775
| +0.5% | +$216K |
|
1261
SPX Corp
SPXC
$10.9B
| $41.2M | 0.01% |
779,576
+19,215
| +3% | +$928K |
|
1262
Gentherm
THRM
$1.27B
| $41.2M | 0.01% |
659,550
+46,931
| +8% | +$3.16M |
|
1263
Doximity
DOCS
$4.45B
| $41.2M | 0.01% |
1,181,942
+365,051
| +45% | +$14.4M |
|
1264
Albertsons Companies
ACI
$5.83B
| $41.1M | 0.01% |
1,537,645
+77,877
| +5% | +$2.38M |
|
1265
MACOM Technology Solutions
MTSI
$23.7B
| $41M | 0.01% |
890,433
+8,801
| +1% | +$454K |
|
|
ACH
1266
Accendra Health
ACH
$93.1M
| $41M | 0.01% |
1,302,412
+41,117
| +3% | +$1.49M |
|
1267
Columbia Banking Systems
COLB
$9.12B
| $40.9M | 0.01% |
1,428,954
-1,298
| -0.1% | -$38.2K |
|
|
JBGS
1268
JBG SMITH
JBGS
$691M
| $40.9M | 0.01% |
1,730,545
-134,614
| -7% | -$3.48M |
|
1269
Itron
ITRI
$4.49B
| $40.9M | 0.01% |
827,539
+1,329
| +0.2% | +$65.9K |
|
1270
Chord Energy
CHRD
$7.53B
| $40.9M | 0.01% |
335,797
+6,945
| +2% | +$1.02M |
|
1271
ScottsMiracle-Gro
SMG
$3.62B
| $40.8M | 0.01% |
516,606
+1,062
| +0.2% | +$105K |
|
|
SJR
1272
DELISTED
Shaw Communications Inc.
SJR
| $40.7M | 0.01% |
1,386,918
+128,514
| +10% | +$3.72M |
|
|
AGR
1273
DELISTED
Avangrid, Inc.
AGR
| $40.7M | 0.01% |
881,572
+32,695
| +4% | +$1.52M |
|
1274
Belden
BDC
$5.39B
| $40.6M | 0.01% |
762,081
-20,682
| -3% | -$1.11M |
|
1275
Sonos
SONO
$1.86B
| $40.5M | 0.01% |
2,246,878
-21,232
| -0.9% | -$476K |
|
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.