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 | |
|---|---|---|---|---|---|---|
2076
Sonic Automotive
SAH
$2.51B
| $12.9M | ﹤0.01% |
351,992
-14,120
| -4% | -$606K |
|
2077
Clover Health Investments
CLOV
$2.38B
| $12.9M | ﹤0.01% |
6,023,708
+3,648,769
| +154% | +$9.7M |
|
2078
Kelly Services Class A
KELYA
$547M
| $12.9M | ﹤0.01% |
649,456
-6,262
| -1% | -$123K |
|
2079
Claros Mortgage Trust
CMTG
$269M
| $12.9M | ﹤0.01% |
+768,557
| New | +$14.5M |
|
|
CVGW
2080
DELISTED
Calavo Growers
CVGW
| $12.8M | ﹤0.01% |
307,459
-5,655
| -2% | -$205K |
|
2081
ACM Research
ACMR
$5.78B
| $12.8M | ﹤0.01% |
761,702
+363,972
| +92% | +$5.61M |
|
2082
Clearfield
CLFD
$395M
| $12.8M | ﹤0.01% |
206,829
+296
| +0.1% | +$17.4K |
|
2083
Conduent
CNDT
$246M
| $12.8M | ﹤0.01% |
2,965,458
+122,065
| +4% | +$613K |
|
2084
Funko
FNKO
$335M
| $12.8M | ﹤0.01% |
572,048
+72,270
| +14% | +$1.4M |
|
2085
Alpha and Omega Semiconductor
AOSL
$906M
| $12.8M | ﹤0.01% |
382,670
-6,770
| -2% | -$277K |
|
2086
Seaboard Corp
SEB
$4.01B
| $12.8M | ﹤0.01% |
3,285
-25
| -0.8% | -$101K |
|
|
EGLE
2087
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $12.7M | ﹤0.01% |
245,541
+45,363
| +23% | +$2.9M |
|
2088
Rocket Lab Corp
RKLB
$51.8B
| $12.7M | ﹤0.01% |
3,351,856
+1,776,943
| +113% | +$10.5M |
|
|
ROCC
2089
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $12.7M | ﹤0.01% |
386,001
-1,920
| -0.5% | -$72.3K |
|
2090
Gorman-Rupp
GRC
$2.13B
| $12.7M | ﹤0.01% |
448,060
+52,804
| +13% | +$1.64M |
|
2091
Veru
VERU
$45.5M
| $12.7M | ﹤0.01% |
112,174
-1,307
| -1% | -$152K |
|
2092
Kanzhun
BZ
$6.83B
| $12.6M | ﹤0.01% |
482,287
+72,086
| +18% | +$1.6M |
|
2093
Artivion
AORT
$1.38B
| $12.6M | ﹤0.01% |
666,399
+11,367
| +2% | +$219K |
|
2094
Hanmi Financial
HAFC
$963M
| $12.6M | ﹤0.01% |
560,214
+7,443
| +1% | +$173K |
|
2095
Peoples Bancorp
PEBO
$1.48B
| $12.6M | ﹤0.01% |
472,045
+22,466
| +5% | +$637K |
|
2096
GFL Environmental
GFL
$14.9B
| $12.5M | ﹤0.01% |
488,366
+64,410
| +15% | +$1.91M |
|
2097
Lemonade
LMND
$4.03B
| $12.5M | ﹤0.01% |
684,799
+194,807
| +40% | +$4.1M |
|
2098
Metropolitan Bank Holding Corp
MCB
$1.17B
| $12.5M | ﹤0.01% |
180,125
+9,807
| +6% | +$812K |
|
|
SP
2099
DELISTED
SP Plus Corporation
SP
| $12.4M | ﹤0.01% |
405,224
+395
| +0.1% | +$11.9K |
|
2100
Horizon Bancorp
HBNC
$1.06B
| $12.4M | ﹤0.01% |
714,283
-30,570
| -4% | -$544K |
|
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.