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 | |
|---|---|---|---|---|---|---|
2376
Luxfer Holdings
LXFR
$457M
| $8.33M | ﹤0.01% |
551,190
+87,271
| +19% | +$1.41M |
|
2377
Farmers National Banc Corp
FMNB
$970M
| $8.33M | ﹤0.01% |
555,353
+33,287
| +6% | +$514K |
|
2378
SiriusPoint
SPNT
$2.7B
| $8.33M | ﹤0.01% |
1,536,468
+3,018
| +0.2% | +$18.1K |
|
2379
Gevo
GEVO
$401M
| $8.31M | ﹤0.01% |
3,536,738
+24,047
| +0.7% | +$88K |
|
2380
Arrow Financial
AROW
$723M
| $8.3M | ﹤0.01% |
276,983
+7,195
| +3% | +$216K |
|
2381
Koppers
KOP
$874M
| $8.3M | ﹤0.01% |
366,739
+5,564
| +2% | +$141K |
|
2382
LendingTree
TREE
$461M
| $8.27M | ﹤0.01% |
188,836
-12,819
| -6% | -$950K |
|
2383
Community Health Systems
CYH
$419M
| $8.26M | ﹤0.01% |
2,202,727
+89,574
| +4% | +$631K |
|
2384
Bank First Corp
BFC
$1.76B
| $8.26M | ﹤0.01% |
108,925
+265
| +0.2% | +$19.1K |
|
|
TPIC
2385
DELISTED
TPI Composites
TPIC
| $8.25M | ﹤0.01% |
660,090
+59,664
| +10% | +$782K |
|
2386
Atea Pharmaceuticals
AVIR
$406M
| $8.25M | ﹤0.01% |
1,161,424
+132,664
| +13% | +$906K |
|
2387
SandRidge Energy
SD
$516M
| $8.24M | ﹤0.01% |
525,999
+264,603
| +101% | +$5.3M |
|
2388
Ducommun
DCO
$3.01B
| $8.24M | ﹤0.01% |
191,468
-3,953
| -2% | -$189K |
|
2389
TPG
TPG
$8.86B
| $8.23M | ﹤0.01% |
344,099
+21,602
| +7% | +$583K |
|
|
FSP
2390
Franklin Street Properties
FSP
$46.4M
| $8.23M | ﹤0.01% |
1,972,847
-58,008
| -3% | -$278K |
|
|
NWLI
2391
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $8.22M | ﹤0.01% |
40,549
-3,121
| -7% | -$639K |
|
2392
RPC Inc
RES
$1.39B
| $8.21M | ﹤0.01% |
1,188,777
-5,933
| -0.5% | -$56.6K |
|
2393
Weibo
WB
$1.88B
| $8.21M | ﹤0.01% |
356,629
+24,754
| +7% | +$555K |
|
2394
Republic Bancorp
RBCAA
$1.92B
| $8.21M | ﹤0.01% |
170,198
-7,718
| -4% | -$345K |
|
|
ITOS
2395
DELISTED
iTeos Therapeutics
ITOS
| $8.2M | ﹤0.01% |
398,075
-1,375
| -0.3% | -$32.6K |
|
|
INFA
2396
DELISTED
Informatica
INFA
| $8.19M | ﹤0.01% |
394,133
+19,816
| +5% | +$392K |
|
2397
nLIGHT
LASR
$2.9B
| $8.18M | ﹤0.01% |
800,070
+18,672
| +2% | +$241K |
|
2398
Lightspeed Commerce
LSPD
$1.42B
| $8.17M | ﹤0.01% |
368,595
+71,878
| +24% | +$1.69M |
|
|
PETQ
2399
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $8.15M | ﹤0.01% |
485,365
-2,801
| -0.6% | -$51.4K |
|
2400
Select Water Solutions
WTTR
$2.63B
| $8.15M | ﹤0.01% |
1,194,676
+75,445
| +7% | +$610K |
|
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.