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 | |
|---|---|---|---|---|---|---|
2451
Helix Energy Solutions
HLX
$1.49B
| $7.5M | ﹤0.01% |
2,418,365
-89,865
| -4% | -$389K |
|
2452
Energy Vault
NRGV
$669M
| $7.48M | ﹤0.01% |
+746,680
| New | +$9.7M |
|
2453
Tucows
TCX
$134M
| $7.47M | ﹤0.01% |
167,853
-934
| -0.6% | -$49.4K |
|
|
TVRD
2454
Tvardi Therapeutics
TVRD
$22.1M
| $7.47M | ﹤0.01% |
22,729
+378
| +2% | +$133K |
|
|
HAYN
2455
DELISTED
Haynes International, Inc.
HAYN
| $7.47M | ﹤0.01% |
227,978
+1,662
| +0.7% | +$64.5K |
|
|
LUCK
2456
Lucky Strike Entertainment
LUCK
$930M
| $7.46M | ﹤0.01% |
704,155
+374,246
| +113% | +$3.98M |
|
2457
Upland Software
UPLD
$17.9M
| $7.45M | ﹤0.01% |
51,308
+2,880
| +6% | +$421K |
|
2458
Omega Flex
OFLX
$291M
| $7.44M | ﹤0.01% |
69,152
+7,361
| +12% | +$835K |
|
|
LICY
2459
DELISTED
Li-Cycle Holdings Corp.
LICY
| $7.43M | ﹤0.01% |
+134,928
| New | +$7.9M |
|
|
RAPT
2460
DELISTED
RAPT Therapeutics
RAPT
| $7.42M | ﹤0.01% |
50,804
+4,480
| +10% | +$597K |
|
2461
Vuzix
VUZI
$220M
| $7.4M | ﹤0.01% |
1,042,260
+21,460
| +2% | +$126K |
|
2462
Independent Bank Corp
IBCP
$854M
| $7.36M | ﹤0.01% |
381,614
+5,605
| +1% | +$111K |
|
|
BBBY
2463
DELISTED
Bed Bath & Beyond Inc
BBBY
| $7.33M | ﹤0.01% |
1,475,162
-326,632
| -18% | -$3.8M |
|
|
AD
2464
Array Digital Infrastructure
AD
$3.09B
| $7.33M | ﹤0.01% |
253,019
-19,075
| -7% | -$572K |
|
2465
DHT Holdings
DHT
$3.09B
| $7.28M | ﹤0.01% |
1,188,394
+12,934
| +1% | +$76K |
|
2466
Evolus
EOLS
$530M
| $7.28M | ﹤0.01% |
627,923
+4,022
| +0.6% | +$47.4K |
|
2467
iQIYI
IQ
$1.31B
| $7.27M | ﹤0.01% |
1,739,237
+126,218
| +8% | +$508K |
|
2468
Mitek Systems
MITK
$853M
| $7.26M | ﹤0.01% |
786,039
+10,241
| +1% | +$109K |
|
|
MRSN
2469
DELISTED
Mersana Therapeutics
MRSN
| $7.26M | ﹤0.01% |
62,878
+16,206
| +35% | +$1.52M |
|
2470
Transcat
TRNS
$888M
| $7.26M | ﹤0.01% |
127,764
+5,852
| +5% | +$404K |
|
2471
Alerus Financial
ALRS
$844M
| $7.26M | ﹤0.01% |
304,815
+15,012
| +5% | +$381K |
|
2472
908 Devices
MASS
$418M
| $7.24M | ﹤0.01% |
351,601
+25,788
| +8% | +$433K |
|
2473
LSB Industries
LXU
$711M
| $7.23M | ﹤0.01% |
521,704
+267,324
| +105% | +$5.34M |
|
|
SPNS
2474
DELISTED
Sapiens International
SPNS
| $7.21M | ﹤0.01% |
298,037
+7,349
| +3% | +$178K |
|
|
SFIX
2475
Stitch Fix
SFIX
$487M
| $7.21M | ﹤0.01% |
1,458,858
+167,713
| +13% | +$1.4M |
|
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.