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 | |
|---|---|---|---|---|---|---|
2251
Clearwater Paper
CLW
$354M
| $9.93M | ﹤0.01% |
295,253
+6,507
| +2% | +$204K |
|
2252
SunCoke Energy
SXC
$788M
| $9.93M | ﹤0.01% |
1,457,542
+35,856
| +3% | +$289K |
|
2253
8x8 Inc
EGHT
$303M
| $9.92M | ﹤0.01% |
1,926,870
-69,402
| -3% | -$581K |
|
|
HIBB
2254
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $9.91M | ﹤0.01% |
226,742
+2,905
| +1% | +$134K |
|
|
TRTX
2255
TPG RE Finance Trust
TRTX
$616M
| $9.91M | ﹤0.01% |
1,099,515
+77,410
| +8% | +$811K |
|
2256
Byline Bancorp
BY
$1.78B
| $9.9M | ﹤0.01% |
416,170
+7,314
| +2% | +$177K |
|
|
CLDT
2257
Chatham Lodging
CLDT
$601M
| $9.9M | ﹤0.01% |
947,236
-30,955
| -3% | -$390K |
|
|
BRY
2258
DELISTED
Berry Corp
BRY
| $9.89M | ﹤0.01% |
1,297,593
+122,252
| +10% | +$1.29M |
|
2259
Amplitude
AMPL
$1.66B
| $9.88M | ﹤0.01% |
691,197
+464,540
| +205% | +$8.15M |
|
2260
DocGo
DCGO
$64.5M
| $9.88M | ﹤0.01% |
1,383,378
+654,883
| +90% | +$4.77M |
|
2261
Ecovyst
ECVT
$1.1B
| $9.88M | ﹤0.01% |
1,002,815
+40,054
| +4% | +$416K |
|
2262
TG Therapeutics
TGTX
$7.34B
| $9.88M | ﹤0.01% |
2,323,604
+135,133
| +6% | +$844K |
|
|
PRSU
2263
Pursuit Attractions and Hospitality Inc
PRSU
$1.29B
| $9.85M | ﹤0.01% |
356,669
+7,512
| +2% | +$233K |
|
2264
Quanterix
QTRX
$135M
| $9.84M | ﹤0.01% |
608,032
+34,484
| +6% | +$709K |
|
2265
Old Second Bancorp
OSBC
$1.31B
| $9.82M | ﹤0.01% |
733,856
+241,819
| +49% | +$3.45M |
|
2266
Geron
GERN
$982M
| $9.81M | ﹤0.01% |
6,331,897
+596,828
| +10% | +$843K |
|
2267
Flex
FLEX
$45.9B
| $9.8M | ﹤0.01% |
899,093
-54,909
| -6% | -$680K |
|
2268
Nurix Therapeutics
NRIX
$2.82B
| $9.8M | ﹤0.01% |
773,294
+120,800
| +19% | +$1.37M |
|
|
CNSL
2269
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $9.78M | ﹤0.01% |
1,397,130
+49,341
| +4% | +$324K |
|
2270
UFP Technologies
UFPT
$2.48B
| $9.74M | ﹤0.01% |
122,360
+481
| +0.4% | +$35.3K |
|
2271
Enviri
NVRI
$564M
| $9.71M | ﹤0.01% |
1,366,231
+40,827
| +3% | +$368K |
|
2272
HealthStream
HSTM
$849M
| $9.69M | ﹤0.01% |
446,270
-14,525
| -3% | -$290K |
|
|
DO
2273
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $9.68M | ﹤0.01% |
+1,644,031
| New | +$12.3M |
|
2274
PC Connection
CNXN
$2.04B
| $9.66M | ﹤0.01% |
219,265
+5,713
| +3% | +$271K |
|
|
FPI
2275
Farmland Partners
FPI
$425M
| $9.64M | ﹤0.01% |
698,304
+154,367
| +28% | +$2.25M |
|
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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.