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 | |
|---|---|---|---|---|---|---|
2226
Hackett Group
HCKT
$277M
| $10.3M | ﹤0.01% |
543,524
+84,340
| +18% | +$1.82M |
|
|
TBI
2227
Trueblue
TBI
$309M
| $10.3M | ﹤0.01% |
575,891
-31,546
| -5% | -$740K |
|
2228
Definitive Healthcare
DH
$68.4M
| $10.3M | ﹤0.01% |
449,256
+72,975
| +19% | +$1.56M |
|
|
NSTG
2229
DELISTED
NanoString Technologies, Inc.
NSTG
| $10.3M | ﹤0.01% |
810,087
-14,757
| -2% | -$275K |
|
|
FBMS
2230
DELISTED
The First Bancshares, Inc.
FBMS
| $10.3M | ﹤0.01% |
359,699
-16,135
| -4% | -$501K |
|
|
RXDX
2231
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $10.3M | ﹤0.01% |
364,055
-20,060
| -5% | -$581K |
|
|
FARO
2232
DELISTED
Faro Technologies
FARO
| $10.3M | ﹤0.01% |
333,343
+5,213
| +2% | +$191K |
|
|
LGTY
2233
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $10.3M | ﹤0.01% |
635,058
+61,000
| +11% | +$1.05M |
|
|
PAYA
2234
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $10.2M | ﹤0.01% |
1,559,172
+41,951
| +3% | +$236K |
|
2235
Pitney Bowes
PBI
$2.28B
| $10.2M | ﹤0.01% |
2,829,409
+129,684
| +5% | +$591K |
|
|
ORGN
2236
DELISTED
Origin Materials
ORGN
| $10.2M | ﹤0.01% |
66,611
+29,993
| +82% | +$5.72M |
|
|
CSII
2237
DELISTED
Cardiovascular Systems, Inc.
CSII
| $10.2M | ﹤0.01% |
711,277
+5,694
| +0.8% | +$98.8K |
|
|
DX
2238
Dynex Capital
DX
$3.23B
| $10.2M | ﹤0.01% |
640,474
-14,292
| -2% | -$227K |
|
|
AAMI
2239
Acadian Asset Management
AAMI
$3.31B
| $10.2M | ﹤0.01% |
565,495
-20,589
| -4% | -$422K |
|
2240
Procept Biorobotics
PRCT
$1.26B
| $10.2M | ﹤0.01% |
310,668
+139,042
| +81% | +$5.06M |
|
2241
Accel Entertainment
ACEL
$1.01B
| $10.1M | ﹤0.01% |
954,480
-8,872
| -0.9% | -$99.2K |
|
2242
Forrester Research
FORR
$224M
| $10.1M | ﹤0.01% |
211,140
+2,134
| +1% | +$111K |
|
2243
Kornit Digital
KRNT
$827M
| $10.1M | ﹤0.01% |
319,219
+25,401
| +9% | +$1.34M |
|
|
ACRE
2244
Ares Commercial Real Estate
ACRE
$264M
| $10.1M | ﹤0.01% |
824,042
-13,886
| -2% | -$202K |
|
2245
Winmark
WINA
$1.26B
| $10.1M | ﹤0.01% |
51,422
-7,103
| -12% | -$1.46M |
|
2246
Franklin Covey
FC
$227M
| $10M | ﹤0.01% |
217,476
+6,493
| +3% | +$258K |
|
2247
CRH
CRH
$65B
| $10M | ﹤0.01% |
287,904
-17,512
| -6% | -$681K |
|
|
CATC
2248
DELISTED
CAMBRIDGE BANCORP
CATC
| $9.98M | ﹤0.01% |
120,733
+1,652
| +1% | +$136K |
|
|
NP
2249
DELISTED
Neenah, Inc. Common Stock
NP
| $9.95M | ﹤0.01% |
291,325
-5,570
| -2% | -$208K |
|
2250
York Water
YORW
$536M
| $9.94M | ﹤0.01% |
245,738
+8,274
| +3% | +$335K |
|
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.