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 | |
|---|---|---|---|---|---|---|
|
CFLT
1326
DELISTED
Confluent
CFLT
| $36.7M | 0.01% |
1,578,464
+931,491
| +144% | +$25.1M |
|
1327
MillerKnoll
MLKN
$1.64B
| $36.7M | 0.01% |
1,395,875
+17,579
| +1% | +$533K |
|
1328
Carter's
CRI
$1.43B
| $36.7M | 0.01% |
520,237
-24,831
| -5% | -$2M |
|
1329
Seacoast Banking Corp of Florida
SBCF
$3.44B
| $36.6M | 0.01% |
1,106,869
+54,949
| +5% | +$1.84M |
|
1330
RLJ Lodging Trust
RLJ
$1.66B
| $36.6M | 0.01% |
3,314,461
-124,707
| -4% | -$1.63M |
|
|
CWEN.A
1331
DELISTED
Clearway Energy Class A
CWEN.A
| $36.5M | 0.01% |
1,141,831
-37,246
| -3% | -$1.16M |
|
1332
WIX.com
WIX
$2.88B
| $36.5M | 0.01% |
557,468
+22,027
| +4% | +$1.61M |
|
1333
Hecla Mining
HL
$12.2B
| $36.5M | 0.01% |
9,302,032
+63,310
| +0.7% | +$329K |
|
|
ELME
1334
Elme Communities
ELME
$144M
| $36.4M | 0.01% |
1,708,001
+52,475
| +3% | +$1.25M |
|
1335
Fate Therapeutics
FATE
$317M
| $36.3M | 0.01% |
1,465,678
-8,549
| -0.6% | -$236K |
|
1336
Helios Technologies
HLIO
$2.67B
| $36.3M | 0.01% |
548,220
-3,831
| -0.7% | -$266K |
|
1337
Frontdoor
FTDR
$5.89B
| $36.2M | 0.01% |
1,504,008
+369,479
| +33% | +$9.98M |
|
1338
Hain Celestial
HAIN
$52.9M
| $36.2M | 0.01% |
1,524,715
+279,725
| +22% | +$7.97M |
|
|
CIM
1339
Chimera Investment
CIM
$991M
| $36.1M | 0.01% |
1,365,184
+3,520
| +0.3% | +$104K |
|
1340
CareTrust REIT
CTRE
$9.25B
| $36.1M | 0.01% |
1,957,811
-146,590
| -7% | -$2.6M |
|
1341
Arbor Realty Trust
ABR
$974M
| $36.1M | 0.01% |
2,753,330
+126,398
| +5% | +$2.03M |
|
1342
Federal Signal
FSS
$7.71B
| $36.1M | 0.01% |
1,012,943
-15,692
| -2% | -$539K |
|
1343
CarGurus
CARG
$3.29B
| $36M | 0.01% |
1,676,321
+54,340
| +3% | +$1.61M |
|
|
AYX
1344
DELISTED
Alteryx Inc
AYX
| $36M | 0.01% |
743,419
-6,977
| -0.9% | -$417K |
|
1345
WaFd
WAFD
$2.79B
| $36M | 0.01% |
1,198,390
-32,683
| -3% | -$1.03M |
|
1346
Huazhu Hotels Group
HTHT
$12.7B
| $35.8M | 0.01% |
942,769
+65,339
| +7% | +$2.05M |
|
1347
Boston Beer
SAM
$1.89B
| $35.8M | 0.01% |
118,013
-1,032
| -0.9% | -$359K |
|
1348
Kadant
KAI
$3.94B
| $35.7M | 0.01% |
195,761
+221
| +0.1% | +$41.2K |
|
|
NEWR
1349
DELISTED
New Relic, Inc.
NEWR
| $35.6M | 0.01% |
712,074
+2,795
| +0.4% | +$155K |
|
1350
Glaukos
GKOS
$11B
| $35.5M | 0.01% |
782,017
-6,108
| -0.8% | -$290K |
|
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.