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 | |
|---|---|---|---|---|---|---|
|
CUTR
2201
DELISTED
Cutera, Inc.
CUTR
| $10.8M | ﹤0.01% |
287,141
-10,842
| -4% | -$572K |
|
2202
Marathon Digital Holdings
MARA
$3.56B
| $10.8M | ﹤0.01% |
2,014,338
+270,529
| +16% | +$3.62M |
|
2203
Victory Capital Holdings
VCTR
$7.27B
| $10.7M | ﹤0.01% |
444,853
+237,933
| +115% | +$6.4M |
|
|
FORG
2204
DELISTED
ForgeRock, Inc.
FORG
| $10.7M | ﹤0.01% |
499,628
+381,835
| +324% | +$7.5M |
|
2205
Collegium Pharmaceutical
COLL
$913M
| $10.7M | ﹤0.01% |
603,386
-7,219
| -1% | -$121K |
|
|
NFBK
2206
DELISTED
Northfield Bancorp
NFBK
| $10.6M | ﹤0.01% |
816,420
+7,740
| +1% | +$101K |
|
2207
Sana Biotechnology
SANA
$1.1B
| $10.6M | ﹤0.01% |
1,651,222
+124,511
| +8% | +$793K |
|
2208
Mission Produce
AVO
$1.15B
| $10.6M | ﹤0.01% |
743,494
+52,248
| +8% | +$698K |
|
2209
Carriage Services
CSV
$555M
| $10.6M | ﹤0.01% |
266,956
-11,652
| -4% | -$503K |
|
|
CRGE
2210
DELISTED
Charge Enterprises, Inc. Common Stock
CRGE
| $10.5M | ﹤0.01% |
+2,210,510
| New | +$11.4M |
|
2211
Expro Ltd
XPRO
$2.1B
| $10.5M | ﹤0.01% |
914,879
+310,279
| +51% | +$4.43M |
|
2212
Ennis
EBF
$559M
| $10.5M | ﹤0.01% |
519,599
+76,620
| +17% | +$1.38M |
|
2213
N-able
NABL
$695M
| $10.5M | ﹤0.01% |
1,167,827
+407,907
| +54% | +$4M |
|
|
CHS
2214
DELISTED
Chicos FAS, Inc.
CHS
| $10.5M | ﹤0.01% |
2,107,624
+64,659
| +3% | +$327K |
|
2215
Barrett Business Services
BBSI
$800M
| $10.5M | ﹤0.01% |
574,716
+22,076
| +4% | +$406K |
|
|
BIG
2216
DELISTED
Big Lots, Inc.
BIG
| $10.5M | ﹤0.01% |
498,443
-50,720
| -9% | -$1.49M |
|
2217
MBIA
MBI
$262M
| $10.4M | ﹤0.01% |
844,682
-10,226
| -1% | -$135K |
|
2218
Janus International
JBI
$686M
| $10.4M | ﹤0.01% |
1,154,972
+663,527
| +135% | +$6.44M |
|
2219
Great Southern Bancorp
GSBC
$888M
| $10.4M | ﹤0.01% |
177,786
-6,007
| -3% | -$350K |
|
|
UBA
2220
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $10.4M | ﹤0.01% |
639,886
-4,099
| -0.6% | -$70.9K |
|
2221
Merchants Bancorp
MBIN
$2.54B
| $10.3M | ﹤0.01% |
456,437
+49,578
| +12% | +$1.21M |
|
2222
Central Pacific Financial
CPF
$1B
| $10.3M | ﹤0.01% |
481,832
+3,272
| +0.7% | +$79.4K |
|
|
CCC
2223
CCC Intelligent Solutions
CCC
$4.19B
| $10.3M | ﹤0.01% |
1,123,222
+587,810
| +110% | +$5.4M |
|
|
MORF
2224
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $10.3M | ﹤0.01% |
476,013
+32,824
| +7% | +$916K |
|
|
GES
2225
DELISTED
Guess Inc
GES
| $10.3M | ﹤0.01% |
605,504
-103,881
| -15% | -$2.16M |
|
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.