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 | |
|---|---|---|---|---|---|---|
1701
JELD-WEN Holding
JELD
$164M
| $21.9M | ﹤0.01% |
1,501,327
-73,992
| -5% | -$1.34M |
|
1702
Futu Holdings
FUTU
$14.7B
| $21.9M | ﹤0.01% |
424,106
+73,471
| +21% | +$2.77M |
|
1703
Shift4
FOUR
$3.47B
| $21.9M | ﹤0.01% |
661,615
+56,987
| +9% | +$2.69M |
|
1704
Phreesia
PHR
$758M
| $21.9M | ﹤0.01% |
874,222
-859
| -0.1% | -$18.9K |
|
|
PING
1705
DELISTED
Ping Identity Holding Corp.
PING
| $21.9M | ﹤0.01% |
1,204,657
+132,684
| +12% | +$2.95M |
|
1706
First Commonwealth Financial
FCF
$2.18B
| $21.8M | ﹤0.01% |
1,628,094
-24,310
| -1% | -$337K |
|
|
GAP
1707
The Gap Inc
GAP
$7.29B
| $21.8M | ﹤0.01% |
2,648,675
-52,686
| -2% | -$610K |
|
1708
Photronics
PLAB
$1.97B
| $21.8M | ﹤0.01% |
1,118,844
-31,492
| -3% | -$552K |
|
1709
City Holding Co
CHCO
$2.07B
| $21.8M | ﹤0.01% |
272,715
-6,127
| -2% | -$485K |
|
|
NKLA
1710
DELISTED
Nikola Corporation Common Stock
NKLA
| $21.8M | ﹤0.01% |
152,519
+13,304
| +10% | +$2.72M |
|
|
FSR
1711
DELISTED
Fisker Inc.
FSR
| $21.8M | ﹤0.01% |
2,539,712
-44,293
| -2% | -$459K |
|
1712
Vicor
VICR
$10.4B
| $21.7M | ﹤0.01% |
396,917
+22,949
| +6% | +$1.42M |
|
|
LADR
1713
Ladder Capital
LADR
$1.25B
| $21.7M | ﹤0.01% |
2,059,270
-54,913
| -3% | -$623K |
|
1714
Liberty Broadband Class A
LBRDA
$5.07B
| $21.6M | ﹤0.01% |
190,665
-23,065
| -11% | -$2.71M |
|
|
PR
1715
Permian Resources
PR
$18B
| $21.6M | ﹤0.01% |
3,609,932
+274,205
| +8% | +$2.19M |
|
1716
Sally Beauty Holdings
SBH
$1.55B
| $21.6M | ﹤0.01% |
1,808,313
-64,250
| -3% | -$933K |
|
1717
Robinhood
HOOD
$85.3B
| $21.5M | ﹤0.01% |
2,619,640
+2,069,342
| +376% | +$20.2M |
|
1718
TriMas Corp
TRS
$1.41B
| $21.5M | ﹤0.01% |
776,322
-9,904
| -1% | -$286K |
|
1719
Joby Aviation
JOBY
$7.87B
| $21.5M | ﹤0.01% |
4,377,774
+2,121,193
| +94% | +$11.2M |
|
1720
Jack in the Box
JACK
$358M
| $21.5M | ﹤0.01% |
383,125
-2,598
| -0.7% | -$197K |
|
|
ARGO
1721
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $21.5M | ﹤0.01% |
582,407
+21,250
| +4% | +$873K |
|
1722
OFG Bancorp
OFG
$2.23B
| $21.4M | ﹤0.01% |
844,368
-27,536
| -3% | -$739K |
|
1723
Arcus Biosciences
RCUS
$3.69B
| $21.4M | ﹤0.01% |
845,395
+47,853
| +6% | +$1.17M |
|
1724
Golar LNG
GLNG
$5.2B
| $21.4M | ﹤0.01% |
941,277
-13,617
| -1% | -$326K |
|
1725
Impinj
PI
$5.49B
| $21.4M | ﹤0.01% |
364,127
+3,235
| +0.9% | +$162K |
|
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.