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 | |
|---|---|---|---|---|---|---|
|
SUMO
2126
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $12.1M | ﹤0.01% |
1,611,910
-3,357
| -0.2% | -$29.4K |
|
2127
LegalZoom.com
LZ
$976M
| $12M | ﹤0.01% |
1,094,983
+436,806
| +66% | +$5.77M |
|
2128
Napco Security Technologies
NSSC
$1.38B
| $12M | ﹤0.01% |
584,399
+52,569
| +10% | +$989K |
|
2129
Mirion Technologies
MIR
$3.86B
| $12M | ﹤0.01% |
2,082,347
+1,170,138
| +128% | +$8.61M |
|
|
SLGC
2130
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $12M | ﹤0.01% |
2,645,506
+1,221,572
| +86% | +$7.27M |
|
2131
Perimeter Solutions
PRM
$5.68B
| $11.9M | ﹤0.01% |
+1,102,158
| New | +$11.7M |
|
2132
International Money Express
IMXI
$352M
| $11.9M | ﹤0.01% |
582,142
-10,360
| -2% | -$208K |
|
|
TWKS
2133
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $11.9M | ﹤0.01% |
843,786
+137,501
| +19% | +$2.38M |
|
|
RFP
2134
DELISTED
Resolute Forest Products Inc.
RFP
| $11.9M | ﹤0.01% |
929,663
+464,484
| +100% | +$6.42M |
|
|
CPRX
2135
DELISTED
Catalyst Pharmaceutical
CPRX
| $11.9M | ﹤0.01% |
1,691,792
-62,178
| -4% | -$456K |
|
2136
Outset Medical
OM
$84.6M
| $11.8M | ﹤0.01% |
52,804
+172
| +0.3% | +$74K |
|
2137
PubMatic
PUBM
$803M
| $11.8M | ﹤0.01% |
740,618
+470,550
| +174% | +$10.1M |
|
2138
Montauk Renewables
MNTK
$270M
| $11.7M | ﹤0.01% |
1,168,362
+563,721
| +93% | +$6.71M |
|
2139
Aurinia Pharmaceuticals
AUPH
$2.01B
| $11.7M | ﹤0.01% |
1,163,563
+1,051,466
| +938% | +$11.8M |
|
2140
Bally's
BALY
$665M
| $11.7M | ﹤0.01% |
590,394
+80,817
| +16% | +$2.09M |
|
2141
Resources Connection
RGP
$146M
| $11.7M | ﹤0.01% |
572,427
+18,539
| +3% | +$331K |
|
|
CCF
2142
DELISTED
Chase Corporation
CCF
| $11.6M | ﹤0.01% |
149,621
+15,904
| +12% | +$1.3M |
|
|
HTBK
2143
DELISTED
Heritage Commerce
HTBK
| $11.6M | ﹤0.01% |
1,088,334
+9,111
| +0.8% | +$102K |
|
|
CIO
2144
DELISTED
City Office REIT
CIO
| $11.6M | ﹤0.01% |
897,912
+6,807
| +0.8% | +$96.3K |
|
2145
Genesco
GCO
$390M
| $11.6M | ﹤0.01% |
232,188
-17,574
| -7% | -$1.05M |
|
|
HONE
2146
DELISTED
HarborOne Bancorp
HONE
| $11.6M | ﹤0.01% |
838,930
-41,492
| -5% | -$573K |
|
2147
Anterix
ATEX
$1.8B
| $11.6M | ﹤0.01% |
281,519
+825
| +0.3% | +$40.1K |
|
|
COWN
2148
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $11.5M | ﹤0.01% |
487,138
-2,709
| -0.6% | -$65.8K |
|
2149
CRA International
CRAI
$1.07B
| $11.5M | ﹤0.01% |
129,037
-2,236
| -2% | -$188K |
|
2150
BioNTech
BNTX
$23.2B
| $11.5M | ﹤0.01% |
77,290
+11,250
| +17% | +$1.72M |
|
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.