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 | |
|---|---|---|---|---|---|---|
651
Omega Healthcare
OHI
$15.1B
| $132M | 0.02% |
4,228,575
-13,868
| -0.3% | -$409K |
|
652
KBR
KBR
$4.62B
| $132M | 0.02% |
2,406,196
+71,116
| +3% | +$3.46M |
|
653
Toro Company
TTC
$8.75B
| $131M | 0.02% |
1,526,885
+66,436
| +5% | +$6.19M |
|
|
ZNGA
654
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $130M | 0.02% |
14,113,197
+530,204
| +4% | +$4.66M |
|
655
Range Resources
RRC
$9.38B
| $130M | 0.02% |
4,284,456
+103,617
| +2% | +$2.36M |
|
656
Hubbell
HUBB
$25B
| $130M | 0.02% |
707,810
+24,479
| +4% | +$4.59M |
|
|
B
657
Barrick Mining
B
$61.5B
| $130M | 0.02% |
5,269,012
+387,648
| +8% | +$8.35M |
|
658
Owens Corning
OC
$11.2B
| $130M | 0.02% |
1,417,821
-205,672
| -13% | -$18.9M |
|
659
Nexstar Media Group
NXST
$5.82B
| $129M | 0.02% |
683,362
+15,598
| +2% | +$2.71M |
|
|
AIRC
660
DELISTED
Apartment Income REIT Corp.
AIRC
| $129M | 0.02% |
2,421,033
-237,295
| -9% | -$12.5M |
|
|
SWN
661
DELISTED
Southwestern Energy Company
SWN
| $129M | 0.02% |
17,972,958
+903,366
| +5% | +$4.55M |
|
662
Kilroy Realty
KRC
$4.52B
| $129M | 0.02% |
1,684,156
+4,328
| +0.3% | +$304K |
|
663
Webster Financial
WBS
$12.5B
| $128M | 0.02% |
2,288,814
+1,156,402
| +102% | +$68.7M |
|
|
SWAV
664
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $128M | 0.02% |
614,845
-565
| -0.1% | -$93.1K |
|
665
Western Union
WU
$1.98B
| $127M | 0.02% |
6,762,181
+496,998
| +8% | +$9.19M |
|
|
AXON
666
Axon Enterprise
AXON
$42.5B
| $125M | 0.02% |
905,162
+33,835
| +4% | +$4.64M |
|
667
NNN REIT
NNN
$9.04B
| $124M | 0.02% |
2,765,510
-175,538
| -6% | -$7.73M |
|
668
AGCO
AGCO
$7.15B
| $124M | 0.02% |
850,531
-105,724
| -11% | -$13.3M |
|
669
Tradeweb Markets
TW
$21.4B
| $124M | 0.02% |
1,412,437
+42,506
| +3% | +$3.69M |
|
670
First Industrial Realty Trust
FR
$8.73B
| $124M | 0.02% |
1,997,216
-126,338
| -6% | -$7.57M |
|
671
Middleby
MIDD
$6.04B
| $124M | 0.02% |
754,062
+22,269
| +3% | +$4.04M |
|
672
Lithia Motors
LAD
$8.47B
| $122M | 0.02% |
407,617
-104,479
| -20% | -$32.6M |
|
673
Carvana
CVNA
$68.6B
| $122M | 0.02% |
5,132,765
+180,415
| +4% | +$5.26M |
|
674
Lear
LEA
$6.54B
| $122M | 0.02% |
857,668
+42,320
| +5% | +$6.88M |
|
|
BKI
675
DELISTED
Black Knight, Inc. Common Stock
BKI
| $122M | 0.02% |
2,105,188
-324,275
| -13% | -$21.4M |
|
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.