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 | |
|---|---|---|---|---|---|---|
|
GOGL
2026
DELISTED
Golden Ocean Group
GOGL
| $13.8M | ﹤0.01% |
1,185,211
+1,044,188
| +740% | +$14M |
|
2027
CEVA Inc
CEVA
$866M
| $13.8M | ﹤0.01% |
411,051
+5,652
| +1% | +$199K |
|
2028
Mativ Holdings
MATV
$663M
| $13.8M | ﹤0.01% |
548,880
-10,634
| -2% | -$281K |
|
2029
Unisys
UIS
$205M
| $13.7M | ﹤0.01% |
1,142,766
-1,960
| -0.2% | -$27.6K |
|
2030
Krispy Kreme
DNUT
$574M
| $13.7M | ﹤0.01% |
1,009,914
-99,751
| -9% | -$1.38M |
|
|
SWTX
2031
DELISTED
SpringWorks Therapeutics
SWTX
| $13.7M | ﹤0.01% |
557,664
+44,356
| +9% | +$1.62M |
|
2032
Cardlytics
CDLX
$24.8M
| $13.7M | ﹤0.01% |
61,374
+1,792
| +3% | +$600K |
|
|
EB
2033
DELISTED
Eventbrite
EB
| $13.7M | ﹤0.01% |
1,329,841
+5,871
| +0.4% | +$70K |
|
2034
Gates Industrial Corporation Ltd.
GTES
$7.04B
| $13.6M | ﹤0.01% |
1,262,026
+99,548
| +9% | +$1.25M |
|
2035
Kearny Financial
KRNY
$607M
| $13.6M | ﹤0.01% |
1,224,200
-77,982
| -6% | -$934K |
|
2036
MarineMax
HZO
$1.15B
| $13.6M | ﹤0.01% |
376,285
+3,530
| +0.9% | +$142K |
|
|
CCRN
2037
DELISTED
Cross Country Healthcare
CCRN
| $13.6M | ﹤0.01% |
651,962
+11,819
| +2% | +$221K |
|
2038
Benchmark Electronics
BHE
$2.94B
| $13.5M | ﹤0.01% |
600,452
-11,334
| -2% | -$274K |
|
2039
Ichor Holdings
ICHR
$2.71B
| $13.5M | ﹤0.01% |
520,753
-1,904
| -0.4% | -$55.2K |
|
|
LOGC
2040
DELISTED
ContextLogic
LOGC
| $13.5M | ﹤0.01% |
281,415
+165,090
| +142% | +$8.94M |
|
2041
1st Source
SRCE
$2.15B
| $13.5M | ﹤0.01% |
297,297
-10,982
| -4% | -$495K |
|
2042
Univest Financial
UVSP
$1.19B
| $13.4M | ﹤0.01% |
527,618
+5,873
| +1% | +$151K |
|
2043
United Fire Group
UFCS
$1.38B
| $13.4M | ﹤0.01% |
390,601
+8,690
| +2% | +$271K |
|
2044
Aclaris Therapeutics
ACRS
$889M
| $13.4M | ﹤0.01% |
957,216
+110,825
| +13% | +$1.55M |
|
2045
Atara Biotherapeutics
ATRA
$75.6M
| $13.3M | ﹤0.01% |
68,458
+1,214
| +2% | +$198K |
|
|
SAFE
2046
DELISTED
Safehold Inc.
SAFE
| $13.3M | ﹤0.01% |
376,658
+8,946
| +2% | +$389K |
|
2047
ACV Auctions
ACVA
$1.36B
| $13.3M | ﹤0.01% |
2,035,048
+1,137,299
| +127% | +$11.7M |
|
2048
Kymera Therapeutics
KYMR
$9.5B
| $13.3M | ﹤0.01% |
675,847
+52,077
| +8% | +$1.22M |
|
|
AMWD
2049
DELISTED
American Woodmark
AMWD
| $13.3M | ﹤0.01% |
295,290
+2,011
| +0.7% | +$97.2K |
|
2050
E.W. Scripps
SSP
$315M
| $13.3M | ﹤0.01% |
1,064,118
+1,818
| +0.2% | +$29.1K |
|
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.