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 | |
|---|---|---|---|---|---|---|
|
CVSA
1501
Covista Inc
CVSA
$4.36B
| $28.6M | ﹤0.01% |
795,114
-71,734
| -8% | -$2.26M |
|
1502
Sotera Health
SHC
$5.39B
| $28.6M | ﹤0.01% |
1,458,872
+375
| +0% | +$7.86K |
|
1503
Northwest Bancshares
NWBI
$2.3B
| $28.5M | ﹤0.01% |
2,229,385
-48,956
| -2% | -$624K |
|
|
SI
1504
DELISTED
Silvergate Capital Corporation
SI
| $28.4M | ﹤0.01% |
531,303
+35,989
| +7% | +$3.36M |
|
|
POLY
1505
DELISTED
Plantronics, Inc.
POLY
| $28.4M | ﹤0.01% |
715,498
-26,781
| -4% | -$1.06M |
|
1506
Chewy
CHWY
$9.15B
| $28.4M | ﹤0.01% |
818,830
+10,509
| +1% | +$337K |
|
1507
CorVel
CRVL
$3.17B
| $28.4M | ﹤0.01% |
578,148
+52,071
| +10% | +$2.68M |
|
1508
Tanger
SKT
$4.42B
| $28.3M | ﹤0.01% |
1,989,061
-91,309
| -4% | -$1.52M |
|
|
VBTX
1509
DELISTED
Veritex Holdings
VBTX
| $28.3M | ﹤0.01% |
965,879
+76,835
| +9% | +$2.56M |
|
1510
Astrana Health
ASTH
$1.78B
| $28.2M | ﹤0.01% |
731,542
+27,244
| +4% | +$1.04M |
|
1511
Carvana
CVNA
$79.7B
| $28.1M | ﹤0.01% |
6,227,385
+1,094,620
| +21% | +$11.5M |
|
|
VGR
1512
DELISTED
Vector Group Ltd.
VGR
| $28.1M | ﹤0.01% |
2,672,416
+211,970
| +9% | +$2.55M |
|
1513
Northern Oil and Gas
NOG
$2.57B
| $27.9M | ﹤0.01% |
1,106,504
+16,976
| +2% | +$493K |
|
1514
Array Technologies
ARRY
$799M
| $27.9M | ﹤0.01% |
2,538,485
+239,177
| +10% | +$2.36M |
|
1515
B&G Foods
BGS
$291M
| $27.9M | ﹤0.01% |
1,174,719
+110,473
| +10% | +$2.75M |
|
1516
Strategy Inc
MSTR
$37.3B
| $27.9M | ﹤0.01% |
1,699,590
+48,930
| +3% | +$1.42M |
|
1517
Digital Turbine
APPS
$1.5B
| $27.9M | ﹤0.01% |
1,594,259
-23,832
| -1% | -$646K |
|
1518
Palomar
PLMR
$3.36B
| $27.8M | ﹤0.01% |
432,071
-13,425
| -3% | -$810K |
|
|
CERE
1519
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $27.8M | ﹤0.01% |
1,052,290
+126,589
| +14% | +$3.59M |
|
1520
Enterprise Financial Services Corp
EFSC
$2.41B
| $27.8M | ﹤0.01% |
670,314
-9,999
| -1% | -$445K |
|
|
CSW
1521
CSW Industrials
CSW
$5.65B
| $27.8M | ﹤0.01% |
269,759
-505
| -0.2% | -$53.8K |
|
1522
New Fortress Energy
NFE
$94M
| $27.8M | ﹤0.01% |
702,255
+101,527
| +17% | +$4.37M |
|
1523
Lufax Holding
LU
$1.33B
| $27.7M | ﹤0.01% |
1,160,362
+288,552
| +33% | +$6.7M |
|
1524
Horace Mann Educators
HMN
$2.09B
| $27.7M | ﹤0.01% |
720,990
-1,877
| -0.3% | -$73.2K |
|
|
DQ
1525
Daqo New Energy
DQ
$988M
| $27.7M | ﹤0.01% |
388,816
+1,983
| +0.5% | +$98.4K |
|
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.