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 | |
|---|---|---|---|---|---|---|
2276
Petrobras Class A
PBR.A
$104B
| $9.63M | ﹤0.01% |
905,983
+43,447
| +5% | +$549K |
|
2277
NovaGold Resources
NG
$3.4B
| $9.63M | ﹤0.01% |
1,997,640
+2,201
| +0.1% | +$13.8K |
|
|
AGTI
2278
DELISTED
Agiliti Inc
AGTI
| $9.61M | ﹤0.01% |
468,746
+44,120
| +10% | +$880K |
|
2279
Bristow Group
VTOL
$1.38B
| $9.6M | ﹤0.01% |
410,274
+924
| +0.2% | +$27.2K |
|
2280
Yext
YEXT
$613M
| $9.6M | ﹤0.01% |
2,008,228
+125,513
| +7% | +$697K |
|
2281
i3 Verticals
IIIV
$325M
| $9.57M | ﹤0.01% |
382,652
-3,917
| -1% | -$98.8K |
|
2282
NETGEAR
NTGR
$647M
| $9.57M | ﹤0.01% |
516,939
-9,296
| -2% | -$190K |
|
|
AVDX
2283
DELISTED
AvidXchange
AVDX
| $9.49M | ﹤0.01% |
1,546,426
+969,062
| +168% | +$7.7M |
|
|
VTNR
2284
DELISTED
Vertex Energy, Inc
VTNR
| $9.49M | ﹤0.01% |
902,277
+480,115
| +114% | +$5.69M |
|
|
CTIC
2285
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $9.48M | ﹤0.01% |
1,588,547
+810,931
| +104% | +$4.15M |
|
2286
Inogen
INGN
$154M
| $9.47M | ﹤0.01% |
391,861
+43,137
| +12% | +$1.15M |
|
|
YMAB
2287
DELISTED
Y-mAbs Therapeutics
YMAB
| $9.47M | ﹤0.01% |
626,168
+42,639
| +7% | +$497K |
|
2288
Thryv Holdings
THRY
$96.9M
| $9.47M | ﹤0.01% |
423,047
+203,182
| +92% | +$5.21M |
|
2289
Replimune Group
REPL
$1.42B
| $9.45M | ﹤0.01% |
540,716
-1,583
| -0.3% | -$26K |
|
2290
Castle Biosciences
CSTL
$933M
| $9.45M | ﹤0.01% |
430,556
+29,544
| +7% | +$687K |
|
2291
Hims & Hers Health
HIMS
$6.71B
| $9.45M | ﹤0.01% |
2,086,202
+1,126,884
| +117% | +$4.81M |
|
2292
Relmada Therapeutics
RLMD
$507M
| $9.44M | ﹤0.01% |
497,327
+42,423
| +9% | +$925K |
|
|
PLYA
2293
DELISTED
Playa Hotels & Resorts
PLYA
| $9.41M | ﹤0.01% |
1,370,486
-18,357
| -1% | -$152K |
|
2294
Vale
VALE
$58.7B
| $9.4M | ﹤0.01% |
642,741
-134,070
| -17% | -$2.29M |
|
2295
BrightView Holdings
BV
$1.08B
| $9.37M | ﹤0.01% |
781,175
-79,297
| -9% | -$993K |
|
2296
Compass
COMP
$10.2B
| $9.37M | ﹤0.01% |
+2,595,495
| New | +$14.2M |
|
2297
Modine Manufacturing
MOD
$10.8B
| $9.37M | ﹤0.01% |
889,724
+10,701
| +1% | +$101K |
|
2298
First Financial Corp
THFF
$975M
| $9.36M | ﹤0.01% |
210,393
+11,126
| +6% | +$487K |
|
|
NGM
2299
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $9.34M | ﹤0.01% |
728,614
+26,300
| +4% | +$364K |
|
2300
Clarus
CLAR
$145M
| $9.33M | ﹤0.01% |
491,133
+24,319
| +5% | +$508K |
|
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.