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 | |
|---|---|---|---|---|---|---|
2001
Donnelley Financial Solutions
DFIN
$1.18B
| $14.3M | ﹤0.01% |
489,814
-21,058
| -4% | -$625K |
|
|
BRG
2002
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $14.3M | ﹤0.01% |
545,133
+302,443
| +125% | +$7.99M |
|
2003
Scorpio Tankers
STNG
$3.93B
| $14.3M | ﹤0.01% |
414,557
-17,921
| -4% | -$518K |
|
2004
Metallus
MTUS
$895M
| $14.3M | ﹤0.01% |
763,636
+7,913
| +1% | +$168K |
|
|
TWOU
2005
DELISTED
2U Inc
TWOU
| $14.1M | ﹤0.01% |
44,948
+5,270
| +13% | +$1.63M |
|
2006
PureCycle Technologies
PCT
$1.44B
| $14.1M | ﹤0.01% |
1,901,728
+744,121
| +64% | +$6.23M |
|
2007
Consensus Cloud Solutions
CCSI
$692M
| $14.1M | ﹤0.01% |
322,832
+28,639
| +10% | +$1.42M |
|
2008
Scansource
SCSC
$1.06B
| $14.1M | ﹤0.01% |
452,495
+1,019
| +0.2% | +$35.7K |
|
2009
Camping World
CWH
$664M
| $14.1M | ﹤0.01% |
652,321
-44,648
| -6% | -$1.18M |
|
2010
BRC Group Holdings
RILY
$301M
| $14.1M | ﹤0.01% |
333,044
-16,724
| -5% | -$878K |
|
2011
Monarch Casino & Resort
MCRI
$2.18B
| $14.1M | ﹤0.01% |
239,720
-361
| -0.2% | -$25.3K |
|
|
WE
2012
DELISTED
WeWork Inc.
WE
| $14M | ﹤0.01% |
69,963
+25,267
| +57% | +$6.51M |
|
|
PENG
2013
Penguin Solutions Inc
PENG
$3.2B
| $14M | ﹤0.01% |
858,131
-4,115
| -0.5% | -$93.8K |
|
2014
Globalstar
GSAT
$10.7B
| $14M | ﹤0.01% |
760,456
+30,574
| +4% | +$567K |
|
2015
The GEO Group
GEO
$4.05B
| $13.9M | ﹤0.01% |
2,110,088
+49,949
| +2% | +$332K |
|
2016
Kinross Gold
KGC
$31.6B
| $13.9M | ﹤0.01% |
3,857,608
+157,777
| +4% | +$763K |
|
2017
Myers Industries
MYE
$1.26B
| $13.9M | ﹤0.01% |
612,517
-12,114
| -2% | -$274K |
|
2018
Clean Energy Fuels
CLNE
$390M
| $13.9M | ﹤0.01% |
3,107,192
+104,110
| +3% | +$603K |
|
2019
TAL Education Group
TAL
$6.37B
| $13.9M | ﹤0.01% |
2,863,697
+379,494
| +15% | +$1.45M |
|
2020
Liberty Media Series A
FWONA
$23.8B
| $13.9M | ﹤0.01% |
249,904
-3,204
| -1% | -$178K |
|
2021
Nice
NICE
$5.82B
| $13.9M | ﹤0.01% |
72,028
-1,077
| -1% | -$218K |
|
|
SRNE
2022
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $13.9M | ﹤0.01% |
6,892,947
+1,906,514
| +38% | +$3.3M |
|
|
NPTN
2023
DELISTED
NEOPHOTONICS CORP
NPTN
| $13.8M | ﹤0.01% |
879,817
-21,536
| -2% | -$329K |
|
|
PLYM
2024
DELISTED
Plymouth Industrial REIT
PLYM
| $13.8M | ﹤0.01% |
787,769
+98,606
| +14% | +$2.13M |
|
2025
Talos Energy
TALO
$2.56B
| $13.8M | ﹤0.01% |
892,816
+188,564
| +27% | +$3.67M |
|
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.