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 | |
|---|---|---|---|---|---|---|
|
SI
951
DELISTED
Silvergate Capital Corporation
SI
| $74.6M | 0.01% |
495,314
+7,800
| +2% | +$965K |
|
952
CNX Resources
CNX
$5.3B
| $74.4M | 0.01% |
3,592,059
-27,383
| -0.8% | -$456K |
|
953
Upstart Holdings
UPST
$2.63B
| $74.4M | 0.01% |
682,860
+19,183
| +3% | +$2.21M |
|
954
Eagle Materials
EXP
$6.29B
| $74.2M | 0.01% |
570,639
+19,630
| +4% | +$2.78M |
|
955
Fox Factory Holding Corp
FOXF
$755M
| $74.2M | 0.01% |
757,252
+23,707
| +3% | +$2.93M |
|
|
TMX
956
DELISTED
Terminix Global Holdings, Inc.
TMX
| $74.2M | 0.01% |
1,625,335
+73,927
| +5% | +$3.19M |
|
957
Affiliated Managers Group
AMG
$9.69B
| $74.2M | 0.01% |
526,088
-18,205
| -3% | -$2.62M |
|
958
FTI Consulting
FCN
$4.4B
| $74.1M | 0.01% |
471,092
+2,917
| +0.6% | +$435K |
|
|
SRCL
959
DELISTED
Stericycle Inc
SRCL
| $74.1M | 0.01% |
1,257,047
+40,677
| +3% | +$2.36M |
|
960
Fortis
FTS
$29B
| $74.1M | 0.01% |
1,477,219
+44,460
| +3% | +$2.09M |
|
961
MaxLinear
MXL
$6.06B
| $73.6M | 0.01% |
1,261,636
+15,941
| +1% | +$971K |
|
962
Valvoline
VVV
$4.9B
| $73.6M | 0.01% |
2,330,937
+49,498
| +2% | +$1.62M |
|
963
Onto Innovation
ONTO
$12.9B
| $73.5M | 0.01% |
846,155
+29,703
| +4% | +$2.64M |
|
964
Novavax
NVAX
$1.2B
| $73.5M | 0.01% |
999,399
+16,229
| +2% | +$1.45M |
|
965
Zurn Elkay Water Solutions
ZWS
$8.38B
| $73.5M | 0.01% |
2,076,380
+34,916
| +2% | +$1.16M |
|
966
DigitalBridge
DBRG
$2.93B
| $73.5M | 0.01% |
2,551,312
+81,247
| +3% | +$2.37M |
|
967
APi Group
APG
$17.1B
| $73.4M | 0.01% |
5,238,573
+225,615
| +5% | +$3.31M |
|
968
CONMED
CNMD
$1.39B
| $73.2M | 0.01% |
492,976
+15,093
| +3% | +$2.11M |
|
969
Crane NXT
CXT
$2.99B
| $73M | 0.01% |
1,940,993
+136,205
| +8% | +$4.9M |
|
970
Clean Harbors
CLH
$16.5B
| $73M | 0.01% |
653,769
+6,860
| +1% | +$677K |
|
971
Park Hotels & Resorts
PK
$3.03B
| $72.8M | 0.01% |
3,727,716
+99,787
| +3% | +$1.87M |
|
972
Coca-Cola Europacific Partners
CCEP
$48.3B
| $72.8M | 0.01% |
1,504,808
+34,790
| +2% | +$1.86M |
|
973
Flowers Foods
FLO
$1.49B
| $72.7M | 0.01% |
2,828,648
+294,077
| +12% | +$8M |
|
974
Goodyear
GT
$2B
| $72.6M | 0.01% |
5,083,218
-181,238
| -3% | -$3.22M |
|
975
Wintrust Financial
WTFC
$10.8B
| $72.6M | 0.01% |
781,313
+20,321
| +3% | +$1.98M |
|
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.