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 | |
|---|---|---|---|---|---|---|
2401
Titan Machinery
TITN
$420M
| $8.14M | ﹤0.01% |
363,198
-1,685
| -0.5% | -$42K |
|
2402
World Acceptance Corp
WRLD
$875M
| $8.13M | ﹤0.01% |
72,483
-6,647
| -8% | -$1.04M |
|
2403
Intrepid Potash
IPI
$484M
| $8.13M | ﹤0.01% |
179,441
+8,561
| +5% | +$623K |
|
2404
BlackBerry
BB
$5.27B
| $8.12M | ﹤0.01% |
1,514,076
+53,044
| +4% | +$315K |
|
2405
First Community Bankshares
FCBC
$933M
| $8.09M | ﹤0.01% |
274,991
-1,950
| -0.7% | -$54.4K |
|
2406
BioLife Solutions
BLFS
$1.72B
| $8.07M | ﹤0.01% |
584,183
+218,956
| +60% | +$3.21M |
|
2407
Orthofix Medical
OFIX
$415M
| $8.06M | ﹤0.01% |
342,530
-1,463
| -0.4% | -$41.9K |
|
2408
PMV Pharmaceuticals
PMVP
$65.1M
| $8.06M | ﹤0.01% |
565,533
+113,030
| +25% | +$1.65M |
|
|
THR
2409
DELISTED
Thermon Group Holdings
THR
| $8.05M | ﹤0.01% |
573,078
-1,062
| -0.2% | -$16.4K |
|
|
HCCI
2410
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $8.04M | ﹤0.01% |
298,434
+15,597
| +6% | +$424K |
|
2411
OneSpan
OSPN
$624M
| $8.04M | ﹤0.01% |
675,228
+55,527
| +9% | +$732K |
|
2412
indie Semiconductor
INDI
$875M
| $8.03M | ﹤0.01% |
1,409,343
+851,529
| +153% | +$5.87M |
|
|
POSH
2413
DELISTED
Poshmark, Inc. Class A Common Stock
POSH
| $8.02M | ﹤0.01% |
793,617
+453,157
| +133% | +$5.22M |
|
2414
PetMed Express
PETS
$43.4M
| $8M | ﹤0.01% |
401,790
+26,424
| +7% | +$590K |
|
2415
Enact Holdings
ACT
$6.84B
| $7.96M | ﹤0.01% |
370,600
+125,814
| +51% | +$2.88M |
|
2416
Stoneridge
SRI
$201M
| $7.96M | ﹤0.01% |
464,158
+9,180
| +2% | +$174K |
|
2417
Zumiez
ZUMZ
$319M
| $7.96M | ﹤0.01% |
306,055
-58,881
| -16% | -$1.98M |
|
2418
Qfin Holdings
QFIN
$1.52B
| $7.94M | ﹤0.01% |
460,636
-185,542
| -29% | -$2.75M |
|
2419
REX American Resources
REX
$1.44B
| $7.93M | ﹤0.01% |
561,372
+2,652
| +0.5% | +$39K |
|
2420
Hingham Institution for Saving
HIFS
$686M
| $7.93M | ﹤0.01% |
27,958
+776
| +3% | +$244K |
|
|
DAWN
2421
DELISTED
Day One Biopharmaceuticals
DAWN
| $7.92M | ﹤0.01% |
442,359
+119,664
| +37% | +$1.24M |
|
2422
Elbit Systems
ESLT
$36.5B
| $7.91M | ﹤0.01% |
34,511
-410
| -1% | -$85.8K |
|
2423
SmartRent
SMRT
$276M
| $7.88M | ﹤0.01% |
1,744,513
+952,017
| +120% | +$4.81M |
|
|
DOO
2424
Bombardier Recreational Products
DOO
$4.75B
| $7.88M | ﹤0.01% |
128,714
+84,328
| +190% | +$6.3M |
|
2425
Equity Bancshares
EQBK
$1.07B
| $7.88M | ﹤0.01% |
270,239
+21,019
| +8% | +$658K |
|
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.