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 | |
|---|---|---|---|---|---|---|
576
Tetra Tech
TTEK
$8.49B
| $172M | 0.02% |
5,215,590
+244,480
| +5% | +$7.52M |
|
577
Pinterest
PINS
$13.4B
| $172M | 0.02% |
7,000,388
-181,975
| -3% | -$4.97M |
|
578
Graco
GGG
$12.9B
| $172M | 0.02% |
2,462,333
+105,349
| +4% | +$7.59M |
|
579
Builders FirstSource
BLDR
$7.15B
| $171M | 0.02% |
2,644,005
+132,863
| +5% | +$9.64M |
|
580
Nutrien
NTR
$33.2B
| $171M | 0.02% |
1,647,878
+62,326
| +4% | +$5.16M |
|
581
Norwegian Cruise Line
NCLH
$8.51B
| $170M | 0.02% |
7,802,564
+1,046,944
| +15% | +$21.4M |
|
|
PBCT
582
DELISTED
People's United Financial Inc
PBCT
| $169M | 0.02% |
8,467,059
-90,435
| -1% | -$1.85M |
|
583
Tenet Healthcare
THC
$20.5B
| $169M | 0.02% |
1,960,437
+7,323
| +0.4% | +$602K |
|
584
Newell Brands
NWL
$2.38B
| $168M | 0.02% |
7,867,861
+72,567
| +0.9% | +$1.68M |
|
585
Darling Ingredients
DAR
$9.64B
| $168M | 0.02% |
2,092,667
+61,966
| +3% | +$4.32M |
|
586
Lamb Weston
LW
$7.22B
| $165M | 0.02% |
2,765,326
+121,321
| +5% | +$7.54M |
|
587
Carlisle Companies
CSL
$14.3B
| $165M | 0.02% |
670,507
+15,024
| +2% | +$3.52M |
|
588
Rollins
ROL
$18.3B
| $165M | 0.02% |
4,704,805
+273,865
| +6% | +$8.89M |
|
589
Lamar Advertising Co
LAMR
$16.2B
| $164M | 0.02% |
1,415,648
+40,846
| +3% | +$4.56M |
|
590
Ares Management
ARES
$28.9B
| $164M | 0.02% |
2,017,325
+76,780
| +4% | +$5.9M |
|
591
EastGroup Properties
EGP
$11.2B
| $164M | 0.02% |
804,772
-15,444
| -2% | -$3.06M |
|
592
TC Energy
TRP
$70.2B
| $164M | 0.02% |
2,896,399
+174,402
| +6% | +$9.18M |
|
593
Wynn Resorts
WYNN
$10.3B
| $163M | 0.02% |
2,054,986
+94,617
| +5% | +$7.97M |
|
594
Franklin Resources
BEN
$17.6B
| $163M | 0.02% |
5,864,983
+724,898
| +14% | +$22.1M |
|
595
Reliance Steel & Aluminium
RS
$20.7B
| $163M | 0.02% |
887,774
-719
| -0.1% | -$124K |
|
596
Booz Allen Hamilton
BAH
$8.39B
| $162M | 0.02% |
1,842,572
-69,994
| -4% | -$5.76M |
|
|
DISH
597
DELISTED
DISH Network Corp.
DISH
| $161M | 0.02% |
5,100,487
+253,796
| +5% | +$8.03M |
|
598
Service Corp International
SCI
$11.7B
| $161M | 0.02% |
2,444,977
-110,541
| -4% | -$6.96M |
|
599
BJs Wholesale Club
BJ
$12.5B
| $160M | 0.02% |
2,360,054
+46,085
| +2% | +$2.89M |
|
|
EXE
600
Expand Energy Corp
EXE
$21.8B
| $159M | 0.02% |
1,828,618
-20,696
| -1% | -$1.52M |
|
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.