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 | |
|---|---|---|---|---|---|---|
1376
Boot Barn
BOOT
$4.87B
| $34.4M | 0.01% |
499,321
+724
| +0.1% | +$62K |
|
1377
Quaker Houghton
KWR
$2.91B
| $34.3M | 0.01% |
229,732
+563
| +0.2% | +$87.1K |
|
1378
Cracker Barrel
CBRL
$1.31B
| $34.3M | 0.01% |
411,220
-7,612
| -2% | -$791K |
|
|
DNB
1379
DELISTED
Dun & Bradstreet
DNB
| $34.3M | 0.01% |
2,283,648
+318,976
| +16% | +$5.14M |
|
1380
AerCap
AER
$23.6B
| $34.3M | 0.01% |
841,450
+17,619
| +2% | +$816K |
|
1381
Brookfield Infrastructure
BIPC
$4.93B
| $34.3M | 0.01% |
806,087
-30,691
| -4% | -$1.45M |
|
1382
BancFirst
BANF
$3.84B
| $34.2M | 0.01% |
357,370
+17,029
| +5% | +$1.49M |
|
1383
Duolingo
DUOL
$6.3B
| $34.2M | 0.01% |
390,638
+309,418
| +381% | +$27.3M |
|
1384
Urban Edge Properties
UE
$2.75B
| $34.1M | 0.01% |
2,244,368
-59,883
| -3% | -$1.07M |
|
1385
CBIZ
CBZ
$2.96B
| $34.1M | 0.01% |
854,253
-25,271
| -3% | -$1.02M |
|
|
WWE
1386
DELISTED
World Wrestling Entertainment
WWE
| $34.1M | 0.01% |
545,512
-19,625
| -3% | -$1.21M |
|
1387
Tronox
TROX
$985M
| $34M | 0.01% |
2,024,884
+34,534
| +2% | +$625K |
|
1388
AeroVironment
AVAV
$9.81B
| $33.9M | 0.01% |
412,561
+2,000
| +0.5% | +$178K |
|
|
LSXMA
1389
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $33.8M | 0.01% |
1,279,958
-101,731
| -7% | -$3.05M |
|
1390
PagerDuty
PD
$876M
| $33.8M | 0.01% |
1,365,264
+1,457
| +0.1% | +$40K |
|
1391
Appian
APPN
$2.49B
| $33.8M | 0.01% |
713,882
+1,935
| +0.3% | +$97.3K |
|
1392
InterDigital
IDCC
$9.07B
| $33.8M | 0.01% |
555,973
+5,399
| +1% | +$331K |
|
1393
Enovis
ENOV
$1.42B
| $33.6M | ﹤0.01% |
611,708
-414,830
| -40% | -$26.7M |
|
1394
Dana Inc
DAN
$3.2B
| $33.5M | ﹤0.01% |
2,382,895
-164,353
| -6% | -$2.55M |
|
1395
AtriCure
ATRC
$2.22B
| $33.5M | ﹤0.01% |
820,333
+8,154
| +1% | +$386K |
|
1396
Kennametal
KMT
$2.35B
| $33.5M | ﹤0.01% |
1,442,568
-23,995
| -2% | -$632K |
|
|
MAXR
1397
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $33.4M | ﹤0.01% |
1,279,417
+7,835
| +0.6% | +$244K |
|
1398
LGI Homes
LGIH
$1.32B
| $33.4M | ﹤0.01% |
384,053
+459
| +0.1% | +$42.6K |
|
1399
Installed Building Products
IBP
$6.46B
| $33.3M | ﹤0.01% |
399,915
+8,482
| +2% | +$725K |
|
1400
Cal-Maine
CALM
$3.86B
| $33.2M | ﹤0.01% |
671,922
-40,531
| -6% | -$2.06M |
|
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.