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 | |
|---|---|---|---|---|---|---|
1801
Skywest
SKYW
$4.16B
| $19.2M | ﹤0.01% |
902,613
-22,000
| -2% | -$578K |
|
1802
Andersons Inc
ANDE
$2.23B
| $19.2M | ﹤0.01% |
580,987
+5,463
| +0.9% | +$232K |
|
|
LPRO
1803
DELISTED
Open Lending Corp
LPRO
| $19.2M | ﹤0.01% |
1,873,557
-2,771
| -0.1% | -$37.1K |
|
|
ISEE
1804
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $19.1M | ﹤0.01% |
1,986,035
-4,572
| -0.2% | -$57.4K |
|
|
MODV
1805
DELISTED
ModivCare
MODV
| $19.1M | ﹤0.01% |
225,966
+377
| +0.2% | +$38.1K |
|
|
ADAM
1806
Adamas Trust
ADAM
$913M
| $19.1M | ﹤0.01% |
1,729,258
+7,487
| +0.4% | +$91.8K |
|
1807
Tennant Co
TNC
$1.18B
| $19M | ﹤0.01% |
320,547
+7,684
| +2% | +$496K |
|
|
NTST
1808
NETSTREIT Corp
NTST
$2.08B
| $19M | ﹤0.01% |
1,006,217
+120,090
| +14% | +$2.53M |
|
|
FLNA
1809
Filana Therapeutics
FLNA
$45.1M
| $18.9M | ﹤0.01% |
673,542
+27,695
| +4% | +$699K |
|
1810
Upbound Group
UPBD
$1.11B
| $18.9M | ﹤0.01% |
973,230
-166,060
| -15% | -$4.13M |
|
1811
Mesa Laboratories
MLAB
$631M
| $18.9M | ﹤0.01% |
92,767
-153
| -0.2% | -$33.5K |
|
1812
Repay Holdings
RPAY
$311M
| $18.9M | ﹤0.01% |
1,471,239
-7,434
| -0.5% | -$96.8K |
|
1813
DNOW Inc
DNOW
$3.04B
| $18.8M | ﹤0.01% |
1,917,211
+37,270
| +2% | +$396K |
|
|
AIV
1814
Aimco
AIV
$379M
| $18.7M | ﹤0.01% |
2,924,852
-119,859
| -4% | -$756K |
|
1815
TFI International
TFII
$12B
| $18.7M | ﹤0.01% |
233,935
+6,055
| +3% | +$493K |
|
1816
Enova International
ENVA
$6.48B
| $18.7M | ﹤0.01% |
648,036
-2,860
| -0.4% | -$94.6K |
|
|
FFWM
1817
DELISTED
First Foundation Inc
FFWM
| $18.6M | ﹤0.01% |
909,970
+73,155
| +9% | +$1.62M |
|
1818
Comstock Resources
CRK
$4.09B
| $18.6M | ﹤0.01% |
1,540,012
-71,834
| -4% | -$1.19M |
|
1819
Transocean
RIG
$6.37B
| $18.6M | ﹤0.01% |
5,576,075
+135,138
| +2% | +$548K |
|
1820
Vodafone
VOD
$37.2B
| $18.5M | ﹤0.01% |
1,187,884
-204,608
| -15% | -$3.27M |
|
|
PRMW
1821
DELISTED
Primo Water Corporation
PRMW
| $18.5M | ﹤0.01% |
1,382,032
-5,753
| -0.4% | -$80.9K |
|
|
MFA
1822
MFA Financial
MFA
$925M
| $18.5M | ﹤0.01% |
1,717,949
-120,431
| -7% | -$1.62M |
|
1823
ADT
ADT
$5.34B
| $18.4M | ﹤0.01% |
2,992,310
+1,066,154
| +55% | +$7.43M |
|
1824
NeoGenomics
NEO
$2.11B
| $18.3M | ﹤0.01% |
2,247,396
+196,234
| +10% | +$1.87M |
|
1825
Marten Transport
MRTN
$1.22B
| $18.3M | ﹤0.01% |
1,086,678
-17,994
| -2% | -$310K |
|
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.