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 |
Apple
AAPL
|
+$1.3B |
| 2 |
Microsoft
MSFT
|
+$1.3B |
| 3 |
Advanced Micro Devices
AMD
|
+$925M |
| 4 |
S&P Global
SPGI
|
+$894M |
| 5 |
Tesla
TSLA
|
+$716M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$1.08B |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$972M |
| 3 |
Merck
MRK
|
+$295M |
| 4 |
Exelon
EXC
|
+$259M |
| 5 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$205M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.39% |
| 2 | Financials | 13.32% |
| 3 | Healthcare | 13.3% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Communication Services | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Baxter International
BAX
$13.8B
| $669M | 0.08% |
8,653,941
-65,656
| -0.8% | -$5.5M |
|
227
Public Service Enterprise Group
PEG
$38.6B
| $665M | 0.08% |
9,521,175
-105,671
| -1% | -$7M |
|
228
CBRE Group
CBRE
$43.8B
| $664M | 0.08% |
7,272,693
+242,734
| +3% | +$23.6M |
|
229
Yum! Brands
YUM
$43.3B
| $661M | 0.08% |
5,582,972
-103,071
| -2% | -$12.7M |
|
230
Sysco
SYY
$40.6B
| $660M | 0.08% |
8,107,164
+252,353
| +3% | +$20.4M |
|
|
SIVB
231
DELISTED
SVB Financial Group
SIVB
| $657M | 0.08% |
1,176,480
+28,779
| +3% | +$17.5M |
|
232
Mettler-Toledo International
MTD
$27.9B
| $656M | 0.08% |
478,727
+11,627
| +2% | +$16.8M |
|
233
Global Payments
GPN
$23.8B
| $655M | 0.08% |
4,798,101
+31,901
| +0.7% | +$4.46M |
|
234
TE Connectivity
TEL
$59.9B
| $652M | 0.08% |
4,993,055
+145,226
| +3% | +$20.8M |
|
|
XYZ
235
Block Inc
XYZ
$49.2B
| $645M | 0.08% |
4,765,915
+990,374
| +26% | +$120M |
|
236
TransDigm Group
TDG
$69.9B
| $642M | 0.08% |
987,571
+54,384
| +6% | +$34.9M |
|
237
Halliburton
HAL
$26.4B
| $640M | 0.08% |
16,952,653
-232,410
| -1% | -$7.52M |
|
238
Alexandria Real Estate Equities
ARE
$9.15B
| $639M | 0.08% |
3,181,567
+240,556
| +8% | +$46.9M |
|
239
DuPont de Nemours
DD
$18.7B
| $638M | 0.08% |
6,926,427
-217,523
| -3% | -$21.2M |
|
240
International Flavors & Fragrances
IFF
$20.3B
| $632M | 0.08% |
4,825,132
+240,596
| +5% | +$32M |
|
241
Oneok
OKE
$56.1B
| $632M | 0.08% |
8,967,087
+471,415
| +6% | +$30.2M |
|
242
Extra Space Storage
EXR
$31.3B
| $631M | 0.08% |
3,076,362
+72,267
| +2% | +$14.4M |
|
243
Hershey
HSY
$35.9B
| $629M | 0.08% |
2,909,817
-82,693
| -3% | -$16.8M |
|
244
PACCAR
PCAR
$70.4B
| $628M | 0.08% |
10,724,816
+871,908
| +9% | +$53.2M |
|
245
Baker Hughes
BKR
$59.5B
| $628M | 0.08% |
17,286,530
+852,476
| +5% | +$25.9M |
|
246
Electronic Arts
EA
$52.9B
| $624M | 0.08% |
4,943,305
-63,828
| -1% | -$8.31M |
|
247
WEC Energy
WEC
$35.8B
| $624M | 0.08% |
6,258,383
-21,755
| -0.3% | -$2.05M |
|
248
Rockwell Automation
ROK
$52.4B
| $620M | 0.08% |
2,218,832
+10,980
| +0.5% | +$3.15M |
|
249
CrowdStrike
CRWD
$189B
| $617M | 0.08% |
10,885,396
+51,528
| +0.5% | +$2.4M |
|
250
Weyerhaeuser
WY
$16.9B
| $615M | 0.08% |
16,255,156
-65,969
| -0.4% | -$2.62M |
|
Similar funds
Geode Capital Management's Q1 2022 Portfolio in Review
As of Q1 2022, Geode Capital Management held 5,100 positions worth $801B, down 3.5% from $830B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Geode Capital Management's Q1 2022 filing shows 137 new, 3,082 increased, 1,102 reduced and 125 closed positions. Its largest new stake was Constellation Energy: 5,541,478 shares worth $311M. The largest sale was Xilinx Inc, an estimated $1.08B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q1 2022 buy was Constellation Energy: 5,541,478 shares worth $311M.
- Geode Capital Management added most to Apple in Q1 2022, an estimated $1.3B increase.
- Geode Capital Management's biggest Q1 2022 reduction was Merck, cutting an estimated $295M.
- Geode Capital Management fully exited Xilinx Inc in Q1 2022, selling an estimated $1.08B.
- Geode Capital Management's ten largest holdings make up 24% of its $801B portfolio in Q1 2022.
- Geode Capital Management opened 137 new positions and closed 125 in Q1 2022.
- Geode Capital Management's portfolio value fell 3.5% quarter-over-quarter to $801B.
Based on Geode Capital Management's 13F filing for Q1 2022, filed 13 May 2022.