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 | |
|---|---|---|---|---|---|---|
1576
Embecta
EMBC
$269M
| $25.7M | ﹤0.01% |
1,015,135
+92,438
| +10% | +$2.66M |
|
1577
Shake Shack
SHAK
$2.94B
| $25.7M | ﹤0.01% |
650,939
+2,852
| +0.4% | +$146K |
|
|
ONEM
1578
DELISTED
1Life Healthcare
ONEM
| $25.7M | ﹤0.01% |
3,275,583
+774,046
| +31% | +$6.65M |
|
1579
Beyond Meat
BYND
$214M
| $25.7M | ﹤0.01% |
1,072,606
+292,312
| +37% | +$9.34M |
|
1580
Universal Corp
UVV
$1.13B
| $25.7M | ﹤0.01% |
424,106
-4,534
| -1% | -$270K |
|
1581
TriCo Bancshares
TCBK
$1.84B
| $25.6M | ﹤0.01% |
561,435
+66,591
| +13% | +$2.8M |
|
|
ETWO
1582
DELISTED
E2open Parent Holdings
ETWO
| $25.6M | ﹤0.01% |
3,293,059
+58,619
| +2% | +$470K |
|
1583
TechnipFMC
FTI
$29.5B
| $25.6M | ﹤0.01% |
3,802,174
+11,807
| +0.3% | +$90K |
|
1584
National Beverage
FIZZ
$2.9B
| $25.6M | ﹤0.01% |
522,571
+37,781
| +8% | +$1.76M |
|
1585
St. Joe Company
JOE
$3.87B
| $25.5M | ﹤0.01% |
645,844
-4,135
| -0.6% | -$206K |
|
1586
NewMarket
NEU
$8.59B
| $25.5M | ﹤0.01% |
84,741
-2,479
| -3% | -$801K |
|
1587
Hertz
HTZ
$998M
| $25.5M | ﹤0.01% |
1,609,515
+791,810
| +97% | +$15.6M |
|
1588
Weatherford International
WFRD
$6.65B
| $25.5M | ﹤0.01% |
1,202,578
+541,000
| +82% | +$17.2M |
|
1589
Materion
MTRN
$5.9B
| $25.5M | ﹤0.01% |
345,234
-6,020
| -2% | -$484K |
|
1590
Encore Capital Group
ECPG
$2.07B
| $25.3M | ﹤0.01% |
438,208
-11,391
| -3% | -$674K |
|
1591
Krystal Biotech
KRYS
$9.85B
| $25.3M | ﹤0.01% |
385,375
+20,085
| +5% | +$1.25M |
|
1592
ePlus
PLUS
$2.32B
| $25.3M | ﹤0.01% |
476,217
-12,581
| -3% | -$704K |
|
1593
BP
BP
$111B
| $25.3M | ﹤0.01% |
891,042
-88,506
| -9% | -$2.71M |
|
1594
Safety Insurance
SAFT
$1.52B
| $25.3M | ﹤0.01% |
260,158
-493
| -0.2% | -$44.4K |
|
1595
FuelCell Energy
FCEL
$1.73B
| $25.2M | ﹤0.01% |
224,435
+3,961
| +2% | +$499K |
|
1596
Worthington Enterprises
WOR
$2.78B
| $25.2M | ﹤0.01% |
925,242
-3,548
| -0.4% | -$103K |
|
1597
Bloomin' Brands
BLMN
$975M
| $25M | ﹤0.01% |
1,506,057
-26,157
| -2% | -$531K |
|
1598
Gray Television
GTN
$498M
| $25M | ﹤0.01% |
1,481,777
-37,322
| -2% | -$725K |
|
1599
Kforce
KFRC
$1.03B
| $25M | ﹤0.01% |
407,988
+33,716
| +9% | +$2.3M |
|
1600
Huron Consulting
HURN
$2.39B
| $25M | ﹤0.01% |
384,346
-17,477
| -4% | -$986K |
|
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.