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 | |
|---|---|---|---|---|---|---|
1726
Infosys
INFY
$49.7B
| $21.3M | ﹤0.01% |
1,152,518
-66,983
| -5% | -$1.33M |
|
|
OLPX
1727
DELISTED
Olaplex Holdings
OLPX
| $21.3M | ﹤0.01% |
1,512,310
+126,819
| +9% | +$1.88M |
|
1728
Sturm, Ruger & Co
RGR
$600M
| $21.3M | ﹤0.01% |
334,730
+31,449
| +10% | +$2.11M |
|
1729
Southern Copper
SCCO
$165B
| $21.3M | ﹤0.01% |
468,812
+23,858
| +5% | +$1.36M |
|
1730
First Busey Corp
BUSE
$2.58B
| $21.3M | ﹤0.01% |
931,793
+13,326
| +1% | +$310K |
|
|
FBRT
1731
Franklin BSP Realty Trust
FBRT
$669M
| $21.2M | ﹤0.01% |
1,574,748
+882,090
| +127% | +$12.6M |
|
1732
Parsons
PSN
$5.16B
| $21.2M | ﹤0.01% |
524,392
+60,222
| +13% | +$2.31M |
|
|
MNRL
1733
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $21.2M | ﹤0.01% |
860,233
+74,290
| +9% | +$2.05M |
|
|
KNBE
1734
DELISTED
KnowBe4, Inc. Class A Common Stock
KNBE
| $21.2M | ﹤0.01% |
1,354,170
+967,062
| +250% | +$18.9M |
|
|
SIX
1735
DELISTED
Six Flags Entertainment Corp.
SIX
| $21.1M | ﹤0.01% |
974,394
-16,858
| -2% | -$537K |
|
1736
Tencent Music
TME
$13.9B
| $21.1M | ﹤0.01% |
4,220,484
+1,482,527
| +54% | +$6.54M |
|
1737
Southside Bancshares
SBSI
$979M
| $21M | ﹤0.01% |
561,661
-2,695
| -0.5% | -$105K |
|
1738
BCE
BCE
$21.6B
| $21M | ﹤0.01% |
393,448
+32,261
| +9% | +$1.73M |
|
1739
Central Garden & Pet Co
CENT
$2.79B
| $21M | ﹤0.01% |
617,796
+29,005
| +5% | +$1.02M |
|
1740
Playtika
PLTK
$904M
| $21M | ﹤0.01% |
1,582,917
-17,719
| -1% | -$276K |
|
1741
Fulgent Genetics
FLGT
$515M
| $20.9M | ﹤0.01% |
382,958
+7,014
| +2% | +$385K |
|
1742
CTS Corp
CTS
$1.82B
| $20.9M | ﹤0.01% |
612,545
+34,875
| +6% | +$1.26M |
|
|
RADI
1743
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $20.8M | ﹤0.01% |
1,365,517
+89,333
| +7% | +$1.29M |
|
1744
Patrick Industries
PATK
$2.79B
| $20.8M | ﹤0.01% |
602,361
-8,489
| -1% | -$336K |
|
|
DCT
1745
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $20.8M | ﹤0.01% |
1,399,616
+323,113
| +30% | +$5.67M |
|
|
HAPN
1746
Happen Inc
HAPN
$2.25B
| $20.7M | ﹤0.01% |
1,773,259
-5,649
| -0.3% | -$79.5K |
|
1747
Virgin Galactic
SPCE
$500M
| $20.7M | ﹤0.01% |
171,914
+60,074
| +54% | +$8.71M |
|
1748
Vericel Corp
VCEL
$2.29B
| $20.6M | ﹤0.01% |
819,696
-11,583
| -1% | -$342K |
|
1749
Mercury Insurance
MCY
$5.84B
| $20.6M | ﹤0.01% |
465,696
+120,271
| +35% | +$5.95M |
|
1750
RB Global
RBA
$16B
| $20.6M | ﹤0.01% |
317,013
+6,919
| +2% | +$406K |
|
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.