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 | |
|---|---|---|---|---|---|---|
526
Universal Health Services
UHS
$10.2B
| $213M | 0.03% |
1,470,265
+76,595
| +5% | +$10.6M |
|
527
Las Vegas Sands
LVS
$31.7B
| $212M | 0.03% |
5,478,522
+232,176
| +4% | +$9.63M |
|
|
MPT
528
Medical Properties Trust
MPT
$2.77B
| $212M | 0.03% |
10,054,009
+890,458
| +10% | +$19.2M |
|
529
Pultegroup
PHM
$24.1B
| $209M | 0.03% |
5,010,703
+176,451
| +4% | +$8.76M |
|
530
Hasbro
HAS
$13.2B
| $209M | 0.03% |
2,552,986
+118,270
| +5% | +$11.1M |
|
531
Cleveland-Cliffs
CLF
$6.57B
| $206M | 0.03% |
6,394,177
+440,032
| +7% | +$10M |
|
532
Bunge Global
BG
$20.4B
| $205M | 0.03% |
1,853,872
+16,355
| +0.9% | +$1.68M |
|
533
NRG Energy
NRG
$28.3B
| $204M | 0.03% |
5,250,440
+271,908
| +5% | +$10.6M |
|
534
Crown Holdings
CCK
$12.8B
| $201M | 0.03% |
1,606,256
+39,364
| +3% | +$4.65M |
|
535
Ally Financial
ALLY
$13.2B
| $200M | 0.03% |
4,601,223
-4,027
| -0.1% | -$190K |
|
536
Plug Power
PLUG
$2.87B
| $200M | 0.03% |
6,999,600
+183,122
| +3% | +$4.36M |
|
537
Whirlpool
WHR
$2.43B
| $200M | 0.02% |
1,158,622
-146,673
| -11% | -$29.7M |
|
538
Avis
CAR
$4.86B
| $200M | 0.02% |
758,153
+10,662
| +1% | +$2.14M |
|
539
Zions Bancorporation
ZION
$10.2B
| $197M | 0.02% |
3,010,297
+36,726
| +1% | +$2.51M |
|
540
Pinnacle West Capital
PNW
$12.2B
| $196M | 0.02% |
2,514,606
+365,521
| +17% | +$26.2M |
|
541
Allegion
ALLE
$13.4B
| $196M | 0.02% |
1,786,477
+104,437
| +6% | +$12.4M |
|
542
Liberty Media Series C
FWONK
$24.6B
| $195M | 0.02% |
2,894,996
+33,913
| +1% | +$2.02M |
|
543
Royalty Pharma
RPRX
$25.9B
| $195M | 0.02% |
5,009,649
-294,473
| -6% | -$11.6M |
|
544
Gaming and Leisure Properties
GLPI
$12.7B
| $195M | 0.02% |
4,124,270
+189,515
| +5% | +$8.52M |
|
545
Molson Coors Class B
TAP
$7.79B
| $195M | 0.02% |
3,654,242
-117,505
| -3% | -$5.92M |
|
546
Tapestry
TPR
$30.8B
| $194M | 0.02% |
5,226,075
-58,270
| -1% | -$2.23M |
|
547
LPL Financial
LPLA
$28.3B
| $194M | 0.02% |
1,061,078
-45,243
| -4% | -$7.88M |
|
548
Organon & Co
OGN
$3.56B
| $193M | 0.02% |
5,534,222
+146,915
| +3% | +$5.02M |
|
549
Fortune Brands Innovations
FBIN
$5.88B
| $192M | 0.02% |
3,037,627
+98,268
| +3% | +$7.56M |
|
550
Roku
ROKU
$21.5B
| $192M | 0.02% |
1,537,821
+24,418
| +2% | +$3.58M |
|
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.