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 | |
|---|---|---|---|---|---|---|
1351
John Wiley & Sons Class A
WLY
$2.53B
| $35.5M | 0.01% |
743,222
-26,810
| -3% | -$1.37M |
|
1352
Pricesmart
PSMT
$5.49B
| $35.4M | 0.01% |
493,964
+34,861
| +8% | +$2.7M |
|
1353
United Parks & Resorts
PRKS
$2.01B
| $35.3M | 0.01% |
799,827
-67,435
| -8% | -$3.92M |
|
1354
Columbia Sportswear
COLM
$2.88B
| $35.3M | 0.01% |
493,534
-22,359
| -4% | -$1.79M |
|
1355
ArcBest
ARCB
$3.14B
| $35.3M | 0.01% |
501,628
+24,267
| +5% | +$1.78M |
|
1356
Telus
TU
$15B
| $35.3M | 0.01% |
1,526,980
+97,365
| +7% | +$2.41M |
|
1357
Progress Software
PRGS
$1.79B
| $35.3M | 0.01% |
778,296
-409
| -0.1% | -$19.5K |
|
1358
Coty
COTY
$2.43B
| $35.2M | 0.01% |
4,397,220
-41,774
| -0.9% | -$314K |
|
1359
Banner Corp
BANR
$2.5B
| $35.2M | 0.01% |
625,753
-2,676
| -0.4% | -$149K |
|
1360
Vir Biotechnology
VIR
$1.52B
| $35.1M | 0.01% |
1,378,869
+133,478
| +11% | +$3.12M |
|
1361
Newmark Group
NMRK
$2.63B
| $35.1M | 0.01% |
3,627,650
+194,533
| +6% | +$2.25M |
|
1362
Twist Bioscience
TWST
$7.85B
| $35.1M | 0.01% |
1,003,185
+23,431
| +2% | +$830K |
|
1363
WesBanco
WSBC
$4.07B
| $34.9M | 0.01% |
1,099,609
-31,357
| -3% | -$1.03M |
|
1364
BioCryst Pharmaceuticals
BCRX
$2.71B
| $34.7M | 0.01% |
3,282,157
+179
| +0% | +$1.85K |
|
1365
Navient
NAVI
$831M
| $34.7M | 0.01% |
2,478,969
-337,022
| -12% | -$5.24M |
|
1366
Cavco Industries
CVCO
$4.6B
| $34.6M | 0.01% |
176,715
+13,162
| +8% | +$2.93M |
|
|
GBT
1367
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $34.6M | 0.01% |
1,083,836
-2,788
| -0.3% | -$81.6K |
|
1368
Axos Financial
AX
$5.68B
| $34.6M | 0.01% |
965,214
+5,341
| +0.6% | +$205K |
|
1369
Diamondrock Hospitality Co
DRH
$2.5B
| $34.6M | 0.01% |
4,210,800
-141,110
| -3% | -$1.38M |
|
1370
Sabre
SABR
$831M
| $34.6M | 0.01% |
5,929,330
+1,617,558
| +38% | +$13.5M |
|
1371
Arvinas
ARVN
$580M
| $34.6M | 0.01% |
821,132
-4,258
| -0.5% | -$214K |
|
1372
Alight
ALIT
$377M
| $34.5M | 0.01% |
255,866
+150,840
| +144% | +$24.7M |
|
1373
InvenTrust Properties
IVT
$2.59B
| $34.5M | 0.01% |
1,338,755
+759,076
| +131% | +$22.2M |
|
|
DEA
1374
Easterly Government Properties
DEA
$1.16B
| $34.4M | 0.01% |
723,492
+10,818
| +2% | +$527K |
|
|
FOCS
1375
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $34.4M | 0.01% |
1,010,522
-35,037
| -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.