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 | |
|---|---|---|---|---|---|---|
4976
Aegon
AEG
$14B
| – | – |
-71,538
| Closed | -$337K |
|
4977
Alcon
ALC
$33.6B
| – | – |
-9,006
| Closed | -$784K |
|
4978
Banco Bilbao Vizcaya Argentaria
BBVA
$154B
| – | – |
-114,516
| Closed | -$672K |
|
4979
Barclays
BCS
$92.7B
| – | – |
-143,586
| Closed | -$1.49M |
|
4980
BHP
BHP
$215B
| – | – |
-30,849
| Closed | -$1.66M |
|
4981
Berkshire Hathaway Class A
BRK.A
$1.1T
| – | – |
-6
| Closed | -$2.7M |
|
4982
British American Tobacco
BTI
$131B
| – | – |
-52,965
| Closed | -$1.98M |
|
4983
AB InBev
BUD
$170B
| – | – |
-15,212
| Closed | -$921K |
|
|
CMPS
4984
Compass Pathways
CMPS
$1.53B
| – | – |
-9,295
| Closed | -$205K |
|
4985
Diageo
DEO
$49B
| – | – |
-23,033
| Closed | -$5.07M |
|
4986
Dawson Geophysical
DWSN
$145M
| – | – |
-158,380
| Closed | -$366K |
|
4987
ENI
E
$80.5B
| – | – |
-38,641
| Closed | -$1.07M |
|
4988
Ferguson
FERG
$45.4B
| – | – |
-6,447
| Closed | -$1.16M |
|
|
GRVY
4989
GRAVITY
GRVY
$430M
| – | – |
-3,688
| Closed | -$251K |
|
4990
GSK
GSK
$104B
| – | – |
-144,050
| Closed | -$7.94M |
|
4991
Honda
HMC
$39.1B
| – | – |
-26,971
| Closed | -$767K |
|
4992
HSBC
HSBC
$365B
| – | – |
-352,761
| Closed | -$10.6M |
|
4993
Huadi International Group
HUDI
$10.4M
| – | – |
-7,169
| Closed | -$229K |
|
4994
InterContinental Hotels
IHG
$23.9B
| – | – |
-42,871
| Closed | -$2.79M |
|
4995
ING
ING
$99.8B
| – | – |
-90,121
| Closed | -$1.25M |
|
4996
ORIX
IX
$44B
| – | – |
-50,985
| Closed | -$1.04M |
|
4997
James Hardie Industries
JHX
$15.3B
| – | – |
-10,219
| Closed | -$415K |
|
4998
Korea Electric Power
KEP
$15.3B
| – | – |
-37,080
| Closed | -$338K |
|
4999
LG Display
LPL
$3B
| – | – |
-79,730
| Closed | -$805K |
|
5000
Lloyds Banking Group
LYG
$89.5B
| – | – |
-325,440
| Closed | -$829K |
|
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.