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 | |
|---|---|---|---|---|---|---|
1026
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $67.9M | 0.01% |
1,431,294
+53,560
| +4% | +$2.39M |
|
1027
Rithm Capital
RITM
$5.52B
| $67.7M | 0.01% |
6,168,953
+38,658
| +0.6% | +$410K |
|
1028
Ambarella
AMBA
$3.77B
| $67.7M | 0.01% |
644,844
+17,029
| +3% | +$2.17M |
|
1029
Chemours
CC
$2.5B
| $67.6M | 0.01% |
2,148,539
-633,064
| -23% | -$19.8M |
|
1030
Phillips Edison & Co
PECO
$5.46B
| $67.5M | 0.01% |
1,963,855
+1,636,818
| +500% | +$53.7M |
|
1031
Adient
ADNT
$1.65B
| $67.4M | 0.01% |
1,653,922
+56,619
| +4% | +$2.43M |
|
|
FLG
1032
Flagstar Bank National Association
FLG
$5.93B
| $67.3M | 0.01% |
2,092,931
-578,583
| -22% | -$20.3M |
|
1033
Ashland
ASH
$3.33B
| $67.3M | 0.01% |
683,664
-20,828
| -3% | -$2M |
|
|
DEN
1034
DELISTED
Denbury Inc.
DEN
| $66.9M | 0.01% |
851,764
+29,194
| +4% | +$2.16M |
|
1035
Asbury Automotive
ABG
$4.31B
| $66.8M | 0.01% |
416,807
+22,266
| +6% | +$3.9M |
|
1036
Insight Enterprises
NSIT
$3.89B
| $66.7M | 0.01% |
621,792
+1,757
| +0.3% | +$178K |
|
1037
Eastern Bankshares
EBC
$5.26B
| $66.7M | 0.01% |
3,097,009
-239,353
| -7% | -$5.1M |
|
|
SGI
1038
Somnigroup International
SGI
$13.7B
| $66.7M | 0.01% |
2,389,167
+77,754
| +3% | +$2.86M |
|
1039
Evercore
EVR
$12.4B
| $66.7M | 0.01% |
598,893
+24,037
| +4% | +$2.96M |
|
1040
Applied Industrial Technologies
AIT
$12.8B
| $66.5M | 0.01% |
648,235
-26,576
| -4% | -$2.65M |
|
1041
Cirrus Logic
CRUS
$6.53B
| $66.5M | 0.01% |
783,988
-371,548
| -32% | -$31.9M |
|
|
UCB
1042
United Community Banks
UCB
$4.24B
| $66.4M | 0.01% |
1,909,266
+145,474
| +8% | +$5.36M |
|
|
PRFT
1043
DELISTED
Perficient Inc
PRFT
| $66.3M | 0.01% |
602,245
-17,101
| -3% | -$1.79M |
|
1044
ACI Worldwide
ACIW
$5.83B
| $66.3M | 0.01% |
2,104,533
+53,745
| +3% | +$1.79M |
|
|
BPMC
1045
DELISTED
Blueprint Medicines
BPMC
| $66.2M | 0.01% |
1,036,608
+6,677
| +0.6% | +$479K |
|
1046
JetBlue
JBLU
$2.28B
| $66.2M | 0.01% |
4,428,170
+91,201
| +2% | +$1.32M |
|
1047
Viavi Solutions
VIAV
$9.12B
| $66M | 0.01% |
4,106,090
-217,392
| -5% | -$3.59M |
|
1048
Axalta
AXTA
$7.66B
| $66M | 0.01% |
2,683,268
+84,273
| +3% | +$2.36M |
|
1049
Walker & Dunlop
WD
$1.71B
| $66M | 0.01% |
509,603
+16,983
| +3% | +$2.33M |
|
1050
Cabot Corp
CBT
$4.54B
| $65.9M | 0.01% |
962,680
+35,897
| +4% | +$2.37M |
|
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.