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 | |
|---|---|---|---|---|---|---|
2151
Community Trust Bancorp
CTBI
$1.43B
| $11.5M | ﹤0.01% |
284,059
+10,615
| +4% | +$432K |
|
2152
First Mid Bancshares
FMBH
$1.38B
| $11.5M | ﹤0.01% |
321,900
+33,082
| +11% | +$1.22M |
|
|
GOLD
2153
Gold.com Inc
GOLD
$1.27B
| $11.5M | ﹤0.01% |
355,515
+36,447
| +11% | +$1.31M |
|
2154
Distribution Solutions Group
DSGR
$1.61B
| $11.4M | ﹤0.01% |
442,556
+206,664
| +88% | +$4.31M |
|
2155
Camden National
CAC
$992M
| $11.4M | ﹤0.01% |
258,083
-3,956
| -2% | -$178K |
|
2156
PDF Solutions
PDFS
$2.11B
| $11.4M | ﹤0.01% |
528,221
-5,674
| -1% | -$131K |
|
2157
argenx
ARGX
$53.6B
| $11.3M | ﹤0.01% |
29,948
+9,236
| +45% | +$2.97M |
|
2158
Schneider National
SNDR
$6.38B
| $11.3M | ﹤0.01% |
506,761
+5,175
| +1% | +$119K |
|
|
PLL
2159
DELISTED
Piedmont Lithium
PLL
| $11.3M | ﹤0.01% |
310,078
+163,604
| +112% | +$9.68M |
|
2160
Wabash National
WNC
$511M
| $11.3M | ﹤0.01% |
831,131
-29,940
| -3% | -$432K |
|
2161
Blink Charging
BLNK
$86.9M
| $11.3M | ﹤0.01% |
682,192
-8,239
| -1% | -$155K |
|
2162
Tootsie Roll Industries
TR
$2.98B
| $11.3M | ﹤0.01% |
358,863
+19,694
| +6% | +$595K |
|
2163
Icahn Enterprises
IEP
$5.35B
| $11.3M | ﹤0.01% |
233,823
+31,314
| +15% | +$1.63M |
|
|
TGH
2164
DELISTED
Textainer Group Holdings limited
TGH
| $11.2M | ﹤0.01% |
409,466
-2,479
| -0.6% | -$80K |
|
2165
Sterling Infrastructure
STRL
$16.8B
| $11.2M | ﹤0.01% |
511,820
+6,443
| +1% | +$155K |
|
|
ESTE
2166
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $11.2M | ﹤0.01% |
819,649
+305,378
| +59% | +$4.8M |
|
2167
Rocket Companies
RKT
$42.6B
| $11.2M | ﹤0.01% |
1,518,881
-250,302
| -14% | -$2.16M |
|
2168
BlueLinx
BXC
$699M
| $11.2M | ﹤0.01% |
166,950
+6,060
| +4% | +$455K |
|
2169
NRC Health Common Stock
NRC
$474M
| $11.1M | ﹤0.01% |
291,231
+25,463
| +10% | +$921K |
|
|
FFIC
2170
DELISTED
Flushing Financial
FFIC
| $11.1M | ﹤0.01% |
524,339
-7,679
| -1% | -$168K |
|
2171
America's Car Mart
CRMT
$26.2M
| $11.1M | ﹤0.01% |
110,696
+1,522
| +1% | +$139K |
|
2172
Kinetik
KNTK
$4.14B
| $11.1M | ﹤0.01% |
326,096
+55,282
| +20% | +$2.05M |
|
2173
Rocket Pharmaceuticals
RCKT
$366M
| $11.1M | ﹤0.01% |
808,463
+59,726
| +8% | +$712K |
|
2174
Alector
ALEC
$227M
| $11.1M | ﹤0.01% |
1,094,057
+17,768
| +2% | +$177K |
|
2175
Hayward Holdings
HAYW
$3.25B
| $11.1M | ﹤0.01% |
771,957
+215,184
| +39% | +$3.32M |
|
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.