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 | |
|---|---|---|---|---|---|---|
1601
GlobalFoundries
GFS
$29.2B
| $25M | ﹤0.01% |
618,738
+44,757
| +8% | +$2.36M |
|
|
CCXI
1602
DELISTED
ChemoCentryx, Inc.
CCXI
| $25M | ﹤0.01% |
1,006,934
+6,519
| +0.7% | +$144K |
|
1603
e.l.f. Beauty
ELF
$5.47B
| $24.9M | ﹤0.01% |
813,225
-14,611
| -2% | -$367K |
|
1604
nCino
NCNO
$2.08B
| $24.9M | ﹤0.01% |
806,481
+19,356
| +2% | +$683K |
|
1605
Agios Pharmaceuticals
AGIO
$2.04B
| $24.9M | ﹤0.01% |
1,124,004
+106,324
| +10% | +$2.4M |
|
|
EVRI
1606
DELISTED
Everi Holdings
EVRI
| $24.9M | ﹤0.01% |
1,526,848
+40,010
| +3% | +$704K |
|
1607
Pilgrim's Pride
PPC
$6.4B
| $24.9M | ﹤0.01% |
797,112
-10,174
| -1% | -$299K |
|
1608
iShares MSCI Taiwan ETF
EWT
$11.4B
| – | – |
0
| – | – |
|
1609
OSI Systems
OSIS
$3.82B
| $24.9M | ﹤0.01% |
291,234
-11,625
| -4% | -$954K |
|
1610
Upstart Holdings
UPST
$2.83B
| $24.9M | ﹤0.01% |
787,799
+104,939
| +15% | +$6.25M |
|
1611
Travere Therapeutics
TVTX
$5.86B
| $24.8M | ﹤0.01% |
1,024,925
-33,977
| -3% | -$854K |
|
1612
HNI Corp
HNI
$3.55B
| $24.8M | ﹤0.01% |
715,617
-37,061
| -5% | -$1.35M |
|
|
PGRE
1613
DELISTED
Paramount Group
PGRE
| $24.8M | ﹤0.01% |
3,430,613
-153,788
| -4% | -$1.39M |
|
1614
Globant
GLOB
$1.67B
| $24.8M | ﹤0.01% |
142,354
-3,961
| -3% | -$806K |
|
|
CSR
1615
Centerspace
CSR
$925M
| $24.8M | ﹤0.01% |
303,714
+14,070
| +5% | +$1.23M |
|
1616
Lindsay Corp
LNN
$1.18B
| $24.7M | ﹤0.01% |
186,220
+561
| +0.3% | +$74.4K |
|
1617
ZIM Integrated Shipping Services
ZIM
$3.05B
| $24.7M | ﹤0.01% |
523,959
+448,437
| +594% | +$26.3M |
|
1618
TripAdvisor
TRIP
$1.26B
| $24.7M | ﹤0.01% |
1,385,921
+20,823
| +2% | +$494K |
|
1619
Acushnet Holdings
GOLF
$5.2B
| $24.6M | ﹤0.01% |
591,239
+964
| +0.2% | +$39.7K |
|
|
LAZR
1620
DELISTED
Luminar Technologies
LAZR
| $24.6M | ﹤0.01% |
276,944
+132,655
| +92% | +$21.2M |
|
|
ARI
1621
Apollo Commercial Real Estate
ARI
$885M
| $24.6M | ﹤0.01% |
2,356,769
-125,899
| -5% | -$1.54M |
|
1622
3D Systems Corp
DDD
$603M
| $24.5M | ﹤0.01% |
2,526,875
+370,727
| +17% | +$4.33M |
|
|
UCTT
1623
Ultra Clean Holdings
UCTT
$4.1B
| $24.5M | ﹤0.01% |
821,733
+12,338
| +2% | +$400K |
|
1624
Cohu
COHU
$2.66B
| $24.4M | ﹤0.01% |
880,783
+7,729
| +0.9% | +$213K |
|
|
TSE
1625
DELISTED
Trinseo
TSE
| $24.4M | ﹤0.01% |
634,727
-29,520
| -4% | -$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.