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 | |
|---|---|---|---|---|---|---|
501
Insulet
PODD
$11.5B
| $240M | 0.03% |
900,731
+32,103
| +4% | +$7.88M |
|
502
Entegris
ENTG
$18.1B
| $237M | 0.03% |
1,809,685
+67,825
| +4% | +$8.72M |
|
503
Steel Dynamics
STLD
$36B
| $236M | 0.03% |
2,827,381
+58,728
| +2% | +$3.96M |
|
504
Everest Group
EG
$14.5B
| $233M | 0.03% |
775,299
+34,832
| +5% | +$10M |
|
505
American Airlines Group
AAL
$10.1B
| $232M | 0.03% |
12,745,105
+575,193
| +5% | +$9.78M |
|
506
Bath & Body Works
BBWI
$4.06B
| $232M | 0.03% |
4,864,778
-101,478
| -2% | -$5.48M |
|
507
Brookfield
BN
$104B
| $230M | 0.03% |
7,545,454
+357,162
| +5% | +$10.7M |
|
508
Fidelity National Financial
FNF
$13.9B
| $227M | 0.03% |
4,849,109
-187,958
| -4% | -$8.99M |
|
509
AMC Entertainment Holdings
AMC
$2.52B
| $227M | 0.03% |
923,699
+11,500
| +1% | +$2.14M |
|
|
CMA
510
DELISTED
Comerica
CMA
| $227M | 0.03% |
2,510,799
+18,153
| +0.7% | +$1.71M |
|
511
Sea Limited
SE
$65.4B
| $226M | 0.03% |
1,920,173
+1,095,015
| +133% | +$154M |
|
512
Targa Resources
TRGP
$58B
| $224M | 0.03% |
2,966,574
-50,138
| -2% | -$3.17M |
|
513
Canadian Pacific Kansas City
CP
$78.1B
| $224M | 0.03% |
2,715,006
+119,303
| +5% | +$8.98M |
|
514
PTC
PTC
$15.8B
| $223M | 0.03% |
2,072,706
+90,439
| +5% | +$10.2M |
|
515
SS&C Technologies
SSNC
$18.6B
| $222M | 0.03% |
2,960,652
-355,263
| -11% | -$27.8M |
|
516
DoorDash
DASH
$85.5B
| $220M | 0.03% |
1,878,565
+63,386
| +3% | +$6.86M |
|
517
Bank of Montreal
BMO
$126B
| $219M | 0.03% |
1,857,994
+78,436
| +4% | +$9.09M |
|
518
Lincoln National
LNC
$8.72B
| $217M | 0.03% |
3,334,947
+97,162
| +3% | +$6.64M |
|
519
Equity Lifestyle Properties
ELS
$12.6B
| $217M | 0.03% |
2,846,664
+99,344
| +4% | +$7.67M |
|
520
Alcoa
AA
$11.9B
| $216M | 0.03% |
2,400,895
-699,930
| -23% | -$50.8M |
|
521
Lumen
LUMN
$6.57B
| $216M | 0.03% |
19,138,429
+123,196
| +0.6% | +$1.41M |
|
522
Canadian Natural Resources
CNQ
$99.4B
| $215M | 0.03% |
7,040,542
+310,139
| +5% | +$8.27M |
|
523
Shopify
SHOP
$152B
| $214M | 0.03% |
3,188,370
+119,690
| +4% | +$9.83M |
|
524
Assurant
AIZ
$13.8B
| $213M | 0.03% |
1,176,358
+52,373
| +5% | +$8.58M |
|
525
Dentsply Sirona
XRAY
$2.68B
| $213M | 0.03% |
4,335,572
-17,313
| -0.4% | -$915K |
|
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.