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 | |
|---|---|---|---|---|---|---|
|
BRKL
1826
DELISTED
Brookline Bancorp
BRKL
| $18.3M | ﹤0.01% |
1,372,735
+913
| +0.1% | +$13.1K |
|
|
PRO
1827
DELISTED
PROS Holdings
PRO
| $18.3M | ﹤0.01% |
695,862
+24,512
| +4% | +$693K |
|
|
QVCGA
1828
DELISTED
QVC Group Inc Series A
QVCGA
| $18.2M | ﹤0.01% |
127,029
+29,134
| +30% | +$5.66M |
|
|
UMH
1829
UMH Properties
UMH
$1.39B
| $18.2M | ﹤0.01% |
1,030,384
+81,393
| +9% | +$1.69M |
|
1830
Dine Brands
DIN
$462M
| $18.1M | ﹤0.01% |
278,790
-11,750
| -4% | -$839K |
|
1831
Gogo Inc
GOGO
$383M
| $18.1M | ﹤0.01% |
1,118,393
-37,907
| -3% | -$721K |
|
1832
Dime Commercial Bancshares
DCOM
$1.81B
| $18.1M | ﹤0.01% |
610,654
-15,627
| -2% | -$497K |
|
1833
Oceaneering
OII
$5.08B
| $18.1M | ﹤0.01% |
1,694,858
-10,947
| -0.6% | -$135K |
|
|
SVC
1834
Service Properties Trust
SVC
$1.1B
| $18.1M | ﹤0.01% |
691,589
+2,957
| +0.4% | +$102K |
|
|
VTLE
1835
DELISTED
Vital Energy
VTLE
| $18.1M | ﹤0.01% |
262,339
+30,144
| +13% | +$2.42M |
|
1836
Pacific Biosciences
PACB
$345M
| $18M | ﹤0.01% |
4,083,297
+240,733
| +6% | +$1.46M |
|
1837
Cerence
CRNC
$391M
| $18M | ﹤0.01% |
715,180
+18,082
| +3% | +$541K |
|
|
CHCT
1838
Community Healthcare Trust
CHCT
$430M
| $18M | ﹤0.01% |
497,363
-12,815
| -3% | -$480K |
|
|
CMRC
1839
Commerce.com Inc Series 1
CMRC
$179M
| $18M | ﹤0.01% |
1,109,365
+200,734
| +22% | +$3.67M |
|
1840
BridgeBio Pharma
BBIO
$16.4B
| $17.9M | ﹤0.01% |
1,970,446
+185,870
| +10% | +$1.55M |
|
1841
Ubiquiti
UI
$35B
| $17.9M | ﹤0.01% |
72,066
-1,686
| -2% | -$449K |
|
1842
La-Z-Boy
LZB
$1.64B
| $17.8M | ﹤0.01% |
752,139
-14,019
| -2% | -$361K |
|
|
NXGN
1843
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $17.8M | ﹤0.01% |
1,019,913
-34,111
| -3% | -$650K |
|
|
ZUO
1844
DELISTED
Zuora, Inc.
ZUO
| $17.8M | ﹤0.01% |
1,985,982
-17,601
| -0.9% | -$196K |
|
1845
FirstService
FSV
$6.24B
| $17.7M | ﹤0.01% |
146,882
+4,640
| +3% | +$585K |
|
|
AHRT
1846
AH Realty Trust
AHRT
$501M
| $17.7M | ﹤0.01% |
1,379,785
+35,350
| +3% | +$480K |
|
1847
Marcus & Millichap
MMI
$1.18B
| $17.7M | ﹤0.01% |
478,470
-5,646
| -1% | -$245K |
|
1848
Bilibili
BILI
$7.37B
| $17.7M | ﹤0.01% |
691,168
-165,308
| -19% | -$3.98M |
|
1849
AZZ Inc
AZZ
$4.55B
| $17.6M | ﹤0.01% |
432,043
+2,276
| +0.5% | +$102K |
|
1850
Petco
WOOF
$780M
| $17.6M | ﹤0.01% |
1,195,546
+74,174
| +7% | +$1.35M |
|
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.