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 | |
|---|---|---|---|---|---|---|
726
Emcor
EME
$35.2B
| $109M | 0.01% |
964,842
-225,349
| -19% | -$26.5M |
|
727
First Financial Bankshares
FFIN
$5.04B
| $108M | 0.01% |
2,448,744
+38,753
| +2% | +$1.85M |
|
728
SEI Investments
SEIC
$12.4B
| $108M | 0.01% |
1,796,224
-147,585
| -8% | -$8.78M |
|
729
SL Green Realty
SLG
$3.76B
| $107M | 0.01% |
1,322,547
+308,608
| +30% | +$24.3M |
|
|
AVLR
730
DELISTED
Avalara, Inc.
AVLR
| $107M | 0.01% |
1,079,639
+40,393
| +4% | +$4.09M |
|
|
GTLS
731
DELISTED
Chart Industries
GTLS
| $107M | 0.01% |
622,489
+23,530
| +4% | +$3.3M |
|
732
US Foods
USFD
$22.2B
| $107M | 0.01% |
2,839,966
+100,522
| +4% | +$3.66M |
|
733
Healthcare Realty
HR
$7.28B
| $107M | 0.01% |
3,407,317
+94,046
| +3% | +$2.96M |
|
734
Murphy Oil
MUR
$5.7B
| $107M | 0.01% |
2,643,733
-104,712
| -4% | -$3.59M |
|
735
Silicon Laboratories
SLAB
$7.17B
| $107M | 0.01% |
710,469
-2,311
| -0.3% | -$369K |
|
736
Envista
NVST
$4.44B
| $107M | 0.01% |
2,189,516
+110,072
| +5% | +$5.08M |
|
737
Olin
OLN
$2.11B
| $106M | 0.01% |
2,034,450
+98,535
| +5% | +$5.04M |
|
738
Wayfair
W
$11.2B
| $106M | 0.01% |
960,295
+34,511
| +4% | +$4.86M |
|
739
Bentley Systems
BSY
$10.8B
| $106M | 0.01% |
2,406,450
-16,252
| -0.7% | -$648K |
|
740
Independence Realty Trust
IRT
$3.92B
| $106M | 0.01% |
4,010,567
+1,682,869
| +72% | +$41.3M |
|
741
Floor & Decor
FND
$6.13B
| $106M | 0.01% |
1,307,692
+47,978
| +4% | +$4.86M |
|
742
Churchill Downs
CHDN
$5.88B
| $106M | 0.01% |
954,066
+34,162
| +4% | +$3.76M |
|
743
OGE Energy
OGE
$9.78B
| $106M | 0.01% |
2,588,864
+80,778
| +3% | +$3.06M |
|
744
PVH
PVH
$4B
| $106M | 0.01% |
1,379,649
+4,456
| +0.3% | +$412K |
|
|
BERY
745
DELISTED
Berry Global Group, Inc.
BERY
| $105M | 0.01% |
1,972,841
+77,026
| +4% | +$4.5M |
|
746
Texas Roadhouse
TXRH
$13.5B
| $105M | 0.01% |
1,253,917
+43,621
| +4% | +$3.73M |
|
747
Mattel
MAT
$4.38B
| $105M | 0.01% |
4,708,369
+157,365
| +3% | +$3.6M |
|
|
NSA
748
DELISTED
National Storage Affiliates Trust
NSA
| $105M | 0.01% |
1,665,645
-496,540
| -23% | -$30.6M |
|
|
WCC
749
WESCO International
WCC
$16.7B
| $104M | 0.01% |
801,380
+18,701
| +2% | +$2.34M |
|
750
Peloton Interactive
PTON
$2.77B
| $104M | 0.01% |
3,937,795
+277,861
| +8% | +$7.97M |
|
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.