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 | |
|---|---|---|---|---|---|---|
601
Vornado Realty Trust
VNO
$7.41B
| $159M | 0.02% |
3,514,166
-42,471
| -1% | -$1.86M |
|
|
EXAS
602
DELISTED
Exact Sciences
EXAS
| $158M | 0.02% |
2,264,233
+92,267
| +4% | +$6.74M |
|
603
DXC Technology
DXC
$1.82B
| $158M | 0.02% |
4,848,114
-70,813
| -1% | -$2.34M |
|
604
Canadian Imperial Bank of Commerce
CM
$108B
| $157M | 0.02% |
2,585,874
+105,676
| +4% | +$6.67M |
|
605
Yum China
YUMC
$16.5B
| $157M | 0.02% |
3,784,822
+163,782
| +5% | +$7.72M |
|
606
Antero Resources
AR
$11.1B
| $157M | 0.02% |
5,132,526
-15,805
| -0.3% | -$355K |
|
607
Invesco
IVZ
$13.1B
| $156M | 0.02% |
6,781,365
+226,779
| +3% | +$5.03M |
|
608
Dell
DELL
$262B
| $156M | 0.02% |
3,112,009
+147,658
| +5% | +$8.24M |
|
|
Y
609
DELISTED
Alleghany Corp
Y
| $156M | 0.02% |
184,279
+5,918
| +3% | +$4.1M |
|
610
Essential Utilities
WTRG
$11.3B
| $156M | 0.02% |
3,047,644
+88,421
| +3% | +$4.27M |
|
611
East-West Bancorp
EWBC
$17.9B
| $155M | 0.02% |
1,957,924
+29,572
| +2% | +$2.5M |
|
612
Watsco Inc
WSO
$12.7B
| $154M | 0.02% |
506,760
+22,647
| +5% | +$6.46M |
|
613
Lattice Semiconductor
LSCC
$17.6B
| $154M | 0.02% |
2,528,916
-45,469
| -2% | -$2.73M |
|
614
Lucid Motors
LCID
$2.88B
| $154M | 0.02% |
606,873
+18,407
| +3% | +$5.48M |
|
615
Annaly Capital Management
NLY
$17.1B
| $153M | 0.02% |
5,451,007
+764,370
| +16% | +$22.7M |
|
616
Huntington Ingalls Industries
HII
$12.9B
| $153M | 0.02% |
769,810
+13,399
| +2% | +$2.61M |
|
617
Williams-Sonoma
WSM
$26.9B
| $153M | 0.02% |
2,102,836
-167,690
| -7% | -$12.7M |
|
618
Elanco Animal Health
ELAN
$13.2B
| $152M | 0.02% |
5,819,100
+214,192
| +4% | +$5.7M |
|
619
Lyft
LYFT
$6.02B
| $151M | 0.02% |
3,938,565
+118,245
| +3% | +$4.63M |
|
|
DISCK
620
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $151M | 0.02% |
6,055,291
+222,015
| +4% | +$6.03M |
|
621
Burlington
BURL
$23.2B
| $151M | 0.02% |
828,865
+31,087
| +4% | +$6.81M |
|
622
WillScot Mobile Mini Holdings
WSC
$4.39B
| $150M | 0.02% |
3,838,697
+82,871
| +2% | +$3.12M |
|
|
AZPN
623
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $150M | 0.02% |
906,289
+19,190
| +2% | +$3.18M |
|
624
STAG Industrial
STAG
$7.38B
| $148M | 0.02% |
3,569,549
-183,739
| -5% | -$7.59M |
|
625
Equitable Holdings
EQH
$13B
| $146M | 0.02% |
4,727,799
+102,603
| +2% | +$3.38M |
|
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.