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 | |
|---|---|---|---|---|---|---|
|
SLCA
1976
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $14.9M | ﹤0.01% |
1,301,571
+9,975
| +0.8% | +$168K |
|
1977
Columbus McKinnon
CMCO
$547M
| $14.8M | ﹤0.01% |
522,361
+3,632
| +0.7% | +$125K |
|
1978
Payoneer
PAYO
$2.42B
| $14.8M | ﹤0.01% |
3,775,652
+1,744,026
| +86% | +$7.77M |
|
|
EFC
1979
Ellington Financial
EFC
$1.76B
| $14.8M | ﹤0.01% |
1,008,400
+19,429
| +2% | +$305K |
|
|
LGF.B
1980
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $14.8M | ﹤0.01% |
1,675,025
+30,414
| +2% | +$346K |
|
1981
RadNet
RDNT
$6.03B
| $14.7M | ﹤0.01% |
851,873
+26,421
| +3% | +$514K |
|
1982
Digi International
DGII
$3.22B
| $14.7M | ﹤0.01% |
607,356
-17,076
| -3% | -$370K |
|
|
RC
1983
Ready Capital
RC
$294M
| $14.7M | ﹤0.01% |
1,233,089
+79,933
| +7% | +$1.13M |
|
1984
Coeur Mining
CDE
$18.7B
| $14.6M | ﹤0.01% |
4,811,379
+693,623
| +17% | +$2.73M |
|
|
DCH
1985
Dauch Corp
DCH
$1.58B
| $14.6M | ﹤0.01% |
1,939,199
+49,452
| +3% | +$372K |
|
|
XRN
1986
Chiron Real Estate Inc
XRN
$485M
| $14.6M | ﹤0.01% |
259,786
-6,366
| -2% | -$429K |
|
|
LAND
1987
Gladstone Land Corp
LAND
$359M
| $14.6M | ﹤0.01% |
656,894
-7,722
| -1% | -$233K |
|
1988
Brookdale Senior Living
BKD
$3.09B
| $14.6M | ﹤0.01% |
3,205,736
-53,337
| -2% | -$315K |
|
1989
Zai Lab
ZLAB
$2.9B
| $14.6M | ﹤0.01% |
421,523
+52,580
| +14% | +$1.85M |
|
1990
Tidewater
TDW
$4.54B
| $14.5M | ﹤0.01% |
688,436
-31,548
| -4% | -$726K |
|
|
KDNY
1991
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $14.5M | ﹤0.01% |
830,074
+53,008
| +7% | +$832K |
|
1992
Editas Medicine
EDIT
$442M
| $14.5M | ﹤0.01% |
1,226,630
+90,284
| +8% | +$1.21M |
|
|
GDEN
1993
DELISTED
Golden Entertainment
GDEN
| $14.5M | ﹤0.01% |
366,060
+20,426
| +6% | +$961K |
|
1994
Uranium Energy
UEC
$5.51B
| $14.5M | ﹤0.01% |
4,699,134
+222,004
| +5% | +$923K |
|
1995
Levi Strauss
LEVI
$8.63B
| $14.5M | ﹤0.01% |
886,354
-4,027
| -0.5% | -$72.7K |
|
|
ECHO
1996
EchoStar
ECHO
$26.6B
| $14.4M | ﹤0.01% |
748,688
+17,399
| +2% | +$393K |
|
1997
Freshworks
FRSH
$3.24B
| $14.4M | ﹤0.01% |
1,098,697
+765,069
| +229% | +$11.9M |
|
1998
GDS Holdings
GDS
$6.91B
| $14.4M | ﹤0.01% |
432,355
-30,969
| -7% | -$962K |
|
|
MTTR
1999
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $14.4M | ﹤0.01% |
3,930,930
+2,172,622
| +124% | +$11.9M |
|
2000
Grid Dynamics Holdings
GDYN
$627M
| $14.4M | ﹤0.01% |
855,316
+4,096
| +0.5% | +$66.9K |
|
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.