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 | |
|---|---|---|---|---|---|---|
2176
OrthoPediatrics
KIDS
$651M
| $11.1M | ﹤0.01% |
257,024
+2,183
| +0.9% | +$99.9K |
|
2177
Vanda Pharmaceuticals
VNDA
$304M
| $11.1M | ﹤0.01% |
1,017,168
+4,727
| +0.5% | +$49K |
|
2178
Codexis
CDXS
$177M
| $11.1M | ﹤0.01% |
1,058,194
-27,943
| -3% | -$350K |
|
2179
Microvision
MVIS
$87.8M
| $11.1M | ﹤0.01% |
192,001
+10,605
| +6% | +$569K |
|
|
SHYF
2180
DELISTED
The Shyft Group
SHYF
| $11.1M | ﹤0.01% |
594,472
-2,191
| -0.4% | -$53.7K |
|
2181
Douglas Dynamics
PLOW
$960M
| $11M | ﹤0.01% |
383,289
+1,302
| +0.3% | +$40.5K |
|
2182
Cars.com
CARS
$672M
| $11M | ﹤0.01% |
1,167,614
-3,885
| -0.3% | -$42K |
|
2183
ARKO Corp
ARKO
$505M
| $11M | ﹤0.01% |
1,348,581
+35,140
| +3% | +$306K |
|
2184
Sanofi
SNY
$105B
| $11M | ﹤0.01% |
219,889
+10,041
| +5% | +$533K |
|
2185
Flywire
FLYW
$2.22B
| $11M | ﹤0.01% |
622,659
-12,121
| -2% | -$282K |
|
2186
Acco Brands
ACCO
$399M
| $11M | ﹤0.01% |
1,677,793
+49,867
| +3% | +$363K |
|
2187
Insteel Industries
IIIN
$626M
| $11M | ﹤0.01% |
325,282
-7,742
| -2% | -$308K |
|
|
SNCY
2188
DELISTED
Sun Country Airlines
SNCY
| $11M | ﹤0.01% |
597,118
+5,379
| +0.9% | +$126K |
|
2189
WisdomTree
WT
$3.45B
| $10.9M | ﹤0.01% |
2,158,649
+8,518
| +0.4% | +$48.9K |
|
2190
Procore
PCOR
$9.42B
| $10.9M | ﹤0.01% |
240,657
+29,175
| +14% | +$1.43M |
|
2191
Smith & Wesson
SWBI
$642M
| $10.9M | ﹤0.01% |
831,778
-5,343
| -0.6% | -$77.5K |
|
2192
Compass Diversified
CODI
$925M
| $10.9M | ﹤0.01% |
+507,997
| New | +$11.6M |
|
|
ALX
2193
Alexander's
ALX
$1.4B
| $10.9M | ﹤0.01% |
48,943
+4,048
| +9% | +$977K |
|
|
DHIL
2194
DELISTED
Diamond Hill
DHIL
| $10.9M | ﹤0.01% |
62,546
+5,628
| +10% | +$998K |
|
|
DCPH
2195
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $10.9M | ﹤0.01% |
825,606
+184,342
| +29% | +$2.03M |
|
2196
American Vanguard Corp
AVD
$62.8M
| $10.8M | ﹤0.01% |
484,479
+7,037
| +1% | +$157K |
|
2197
ZipRecruiter
ZIP
$387M
| $10.8M | ﹤0.01% |
730,322
+627,458
| +610% | +$12.5M |
|
|
CFB
2198
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $10.8M | ﹤0.01% |
819,917
-18,686
| -2% | -$252K |
|
|
TRST
2199
Trustco Bank Corp NY
TRST
$970M
| $10.8M | ﹤0.01% |
350,817
+10,938
| +3% | +$341K |
|
|
SQSP
2200
DELISTED
Squarespace, Inc.
SQSP
| $10.8M | ﹤0.01% |
516,287
+255,545
| +98% | +$5.49M |
|
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.