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 | |
|---|---|---|---|---|---|---|
1626
FB Financial Corp
FBK
$3.1B
| $24.4M | ﹤0.01% |
622,305
+14,499
| +2% | +$584K |
|
|
TELL
1627
DELISTED
Tellurian Inc.
TELL
| $24.4M | ﹤0.01% |
8,188,758
+1,685,482
| +26% | +$7.79M |
|
1628
AAR Corp
AIR
$5.96B
| $24.4M | ﹤0.01% |
582,744
-2,556
| -0.4% | -$119K |
|
1629
Weis Markets
WMK
$1.78B
| $24.4M | ﹤0.01% |
327,032
+33,242
| +11% | +$2.58M |
|
|
BWIN
1630
Baldwin Insurance Group
BWIN
$3B
| $24.3M | ﹤0.01% |
1,005,556
+89,450
| +10% | +$2.17M |
|
|
ODP
1631
DELISTED
ODP
ODP
| $24.3M | ﹤0.01% |
801,968
-30,065
| -4% | -$1.21M |
|
|
SPWR
1632
DELISTED
SunPower Corporation Common Stock
SPWR
| $24.2M | ﹤0.01% |
1,532,745
-26,966
| -2% | -$486K |
|
1633
KE Holdings
BEKE
$19.2B
| $24.2M | ﹤0.01% |
1,356,431
-150,543
| -10% | -$2.12M |
|
1634
Ameresco
AMRC
$1.47B
| $24.2M | ﹤0.01% |
531,324
+4,144
| +0.8% | +$230K |
|
1635
MGP Ingredients
MGPI
$381M
| $24.1M | ﹤0.01% |
241,274
-6,616
| -3% | -$622K |
|
|
CNR
1636
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $24.1M | ﹤0.01% |
985,334
+68,733
| +7% | +$1.68M |
|
1637
Amphastar Pharmaceuticals
AMPH
$850M
| $24.1M | ﹤0.01% |
692,388
-11,091
| -2% | -$396K |
|
1638
Schrodinger
SDGR
$1.39B
| $24M | ﹤0.01% |
908,815
+78,132
| +9% | +$2.1M |
|
1639
Cameco
CCJ
$43.1B
| $24M | ﹤0.01% |
1,140,762
+37,192
| +3% | +$938K |
|
1640
TTEC Holdings
TTEC
$77.4M
| $23.9M | ﹤0.01% |
352,584
+1,407
| +0.4% | +$98.8K |
|
1641
Interparfums
IPAR
$3.78B
| $23.9M | ﹤0.01% |
327,573
-485
| -0.1% | -$37.1K |
|
1642
Relay Therapeutics
RLAY
$4.4B
| $23.9M | ﹤0.01% |
1,426,724
+74,247
| +5% | +$1.59M |
|
1643
Dave & Buster's
PLAY
$361M
| $23.9M | ﹤0.01% |
728,647
-41,348
| -5% | -$1.66M |
|
1644
StoneX
SNEX
$8.37B
| $23.7M | ﹤0.01% |
1,537,436
+13,016
| +0.9% | +$188K |
|
1645
Grab
GRAB
$14.7B
| $23.7M | ﹤0.01% |
9,459,035
+342,421
| +4% | +$983K |
|
1646
Pathward Financial
CASH
$1.78B
| $23.7M | ﹤0.01% |
612,318
+37,740
| +7% | +$1.61M |
|
1647
Reynolds Consumer Products
REYN
$5.53B
| $23.7M | ﹤0.01% |
868,291
-2,390
| -0.3% | -$67K |
|
1648
Addus HomeCare
ADUS
$2.2B
| $23.7M | ﹤0.01% |
284,230
-5,264
| -2% | -$441K |
|
|
AZEK
1649
DELISTED
The AZEK Co
AZEK
| $23.6M | ﹤0.01% |
1,412,773
-3,101
| -0.2% | -$63.7K |
|
1650
Methode Electronics
MEI
$602M
| $23.6M | ﹤0.01% |
637,482
-12,437
| -2% | -$536K |
|
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.