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 | |
|---|---|---|---|---|---|---|
|
SASR
1426
DELISTED
Sandy Spring Bancorp Inc
SASR
| $32.1M | ﹤0.01% |
822,550
-6,782
| -0.8% | -$277K |
|
1427
Red Rock Resorts
RRR
$3.73B
| $32M | ﹤0.01% |
960,387
+2,639
| +0.3% | +$105K |
|
1428
Edgewell Personal Care
EPC
$1.32B
| $32M | ﹤0.01% |
927,142
-23,045
| -2% | -$829K |
|
1429
Axcelis
ACLS
$4.39B
| $32M | ﹤0.01% |
583,305
-11,378
| -2% | -$659K |
|
|
CPE
1430
DELISTED
Callon Petroleum Company
CPE
| $32M | ﹤0.01% |
815,632
+5,892
| +0.7% | +$315K |
|
1431
Energizer
ENR
$1.56B
| $31.8M | ﹤0.01% |
1,121,207
-7,244
| -0.6% | -$218K |
|
|
MDC
1432
DELISTED
M.D.C. Holdings, Inc.
MDC
| $31.7M | ﹤0.01% |
981,023
+3,536
| +0.4% | +$127K |
|
1433
Kratos Defense & Security Solutions
KTOS
$12B
| $31.7M | ﹤0.01% |
2,280,535
+30,275
| +1% | +$471K |
|
1434
TechTarget
TTGT
$265M
| $31.6M | ﹤0.01% |
480,705
+3,721
| +0.8% | +$259K |
|
1435
ChargePoint
CHPT
$166M
| $31.6M | ﹤0.01% |
115,246
-2,128
| -2% | -$590K |
|
1436
Yelp
YELP
$1.28B
| $31.6M | ﹤0.01% |
1,136,255
-75,239
| -6% | -$2.34M |
|
1437
Vertiv
VRT
$111B
| $31.5M | ﹤0.01% |
3,836,464
-39,209
| -1% | -$444K |
|
1438
Ryan Specialty Holdings
RYAN
$11B
| $31.5M | ﹤0.01% |
804,390
+269,379
| +50% | +$10.2M |
|
1439
ASML
ASML
$695B
| $31.5M | ﹤0.01% |
66,177
+4,124
| +7% | +$2.3M |
|
1440
Certara
CERT
$1.22B
| $31.5M | ﹤0.01% |
1,466,331
-5,295
| -0.4% | -$105K |
|
|
NOVA
1441
DELISTED
Sunnova Energy
NOVA
| $31.4M | ﹤0.01% |
1,706,383
+99,412
| +6% | +$1.9M |
|
1442
Northwest Natural Holdings
NWN
$2.12B
| $31.4M | ﹤0.01% |
591,578
+55,755
| +10% | +$2.88M |
|
1443
Algonquin Power & Utilities
AQN
$4.44B
| $31.4M | ﹤0.01% |
2,238,975
+87,290
| +4% | +$1.26M |
|
1444
Imperial Oil
IMO
$63.1B
| $31.3M | ﹤0.01% |
668,246
+4,422
| +0.7% | +$226K |
|
1445
Allegiant Air
ALGT
$2.31B
| $31.3M | ﹤0.01% |
276,748
+2,712
| +1% | +$390K |
|
1446
MP Materials
MP
$9.64B
| $31.3M | ﹤0.01% |
975,168
-257,657
| -21% | -$10.4M |
|
1447
Piper Sandler
PIPR
$5.34B
| $31.2M | ﹤0.01% |
1,099,804
-2,980
| -0.3% | -$90K |
|
1448
AppFolio
APPF
$6.97B
| $31.1M | ﹤0.01% |
343,609
+2,595
| +0.8% | +$262K |
|
1449
DigitalOcean
DOCN
$15.7B
| $31.1M | ﹤0.01% |
752,600
+191,569
| +34% | +$8.54M |
|
1450
Pediatrix Medical
MD
$2.15B
| $31.1M | ﹤0.01% |
1,481,015
+106,474
| +8% | +$2.17M |
|
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.