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 | |
|---|---|---|---|---|---|---|
|
CTT
2326
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $9.03M | ﹤0.01% |
897,719
-11,916
| -1% | -$109K |
|
2327
Bank of Marin Bancorp
BMRC
$462M
| $9.02M | ﹤0.01% |
283,813
+17,140
| +6% | +$555K |
|
2328
Ethan Allen Interiors
ETD
$583M
| $9.02M | ﹤0.01% |
446,224
+44,668
| +11% | +$1.06M |
|
|
WSR
2329
DELISTED
Whitestone REIT
WSR
| $8.99M | ﹤0.01% |
836,551
+29,495
| +4% | +$355K |
|
|
PTVE
2330
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $8.99M | ﹤0.01% |
902,817
+42,420
| +5% | +$427K |
|
|
SGMO
2331
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $8.98M | ﹤0.01% |
2,169,013
+76,642
| +4% | +$331K |
|
2332
Life Time Group Holdings
LTH
$9.9B
| $8.98M | ﹤0.01% |
697,113
+67,093
| +11% | +$958K |
|
|
ME
2333
DELISTED
23andMe Holding Co
ME
| $8.97M | ﹤0.01% |
180,863
+84,249
| +87% | +$4.88M |
|
2334
Arlo Technologies
ARLO
$1.54B
| $8.96M | ﹤0.01% |
1,429,689
+28,202
| +2% | +$206K |
|
2335
BJ's Restaurants
BJRI
$1.42B
| $8.96M | ﹤0.01% |
413,495
+24,548
| +6% | +$632K |
|
2336
ATN International
ATNI
$491M
| $8.96M | ﹤0.01% |
191,008
+3,563
| +2% | +$151K |
|
2337
OptimizeRx
OPRX
$165M
| $8.96M | ﹤0.01% |
327,125
+5,491
| +2% | +$163K |
|
|
TSVT
2338
DELISTED
2seventy bio
TSVT
| $8.95M | ﹤0.01% |
678,191
+244,835
| +56% | +$3.34M |
|
|
KE
2339
Kimball Electronics
KE
$626M
| $8.93M | ﹤0.01% |
444,453
-358
| -0.1% | -$6.74K |
|
2340
DXP Enterprises
DXPE
$3B
| $8.93M | ﹤0.01% |
291,616
-21,217
| -7% | -$583K |
|
|
FRGE
2341
DELISTED
Forge Global Holdings
FRGE
| $8.93M | ﹤0.01% |
+57,167
| New | +$15.3M |
|
2342
Pulmonx
LUNG
$92.8M
| $8.93M | ﹤0.01% |
606,332
+67,340
| +12% | +$1.39M |
|
|
PWSC
2343
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $8.91M | ﹤0.01% |
739,719
+2,119
| +0.3% | +$29.1K |
|
|
STEL
2344
DELISTED
Stellar Bancorp
STEL
| $8.9M | ﹤0.01% |
334,910
+7,914
| +2% | +$223K |
|
|
DHC
2345
Diversified Healthcare Trust
DHC
$2.03B
| $8.9M | ﹤0.01% |
4,888,856
-69,881
| -1% | -$160K |
|
2346
IonQ
IONQ
$18.2B
| $8.89M | ﹤0.01% |
2,029,189
+1,056,350
| +109% | +$7.48M |
|
2347
AvePoint
AVPT
$2.91B
| $8.81M | ﹤0.01% |
2,031,234
+968,054
| +91% | +$4.92M |
|
2348
Movado Group
MOV
$796M
| $8.8M | ﹤0.01% |
284,525
+4,897
| +2% | +$172K |
|
|
TBRG
2349
DELISTED
TruBridge
TBRG
| $8.74M | ﹤0.01% |
273,289
+6,938
| +3% | +$225K |
|
2350
TETRA Technologies
TTI
$1.25B
| $8.73M | ﹤0.01% |
2,151,143
-14,181
| -0.7% | -$62.4K |
|
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.