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 | |
|---|---|---|---|---|---|---|
1051
COPT Defense Properties
CDP
$4.3B
| $65.8M | 0.01% |
2,306,611
+102,753
| +5% | +$2.77M |
|
1052
Sprouts Farmers Market
SFM
$8.13B
| $65.8M | 0.01% |
2,057,375
+9,466
| +0.5% | +$283K |
|
1053
Bankunited
BKU
$3.37B
| $65.6M | 0.01% |
1,492,696
+6,769
| +0.5% | +$293K |
|
1054
Community Bank
CBU
$3.41B
| $65.6M | 0.01% |
934,871
+10,525
| +1% | +$766K |
|
1055
Ultragenyx Pharmaceutical
RARE
$2.45B
| $65.6M | 0.01% |
902,900
+25,944
| +3% | +$1.81M |
|
1056
Valmont Industries
VMI
$9.3B
| $65.5M | 0.01% |
274,711
+11,443
| +4% | +$2.6M |
|
1057
Pebblebrook Hotel Trust
PEB
$2.15B
| $65.5M | 0.01% |
2,677,381
+53,468
| +2% | +$1.23M |
|
|
IAA
1058
DELISTED
IAA, Inc. Common Stock
IAA
| $65.4M | 0.01% |
1,709,542
+64,188
| +4% | +$2.64M |
|
|
SPR
1059
DELISTED
Spirit AeroSystems
SPR
| $65.4M | 0.01% |
1,337,308
+48,381
| +4% | +$2.26M |
|
|
SJI
1060
DELISTED
South Jersey Industries, Inc.
SJI
| $65.4M | 0.01% |
1,892,140
+55,941
| +3% | +$1.61M |
|
1061
Howard Hughes
HHH
$3.81B
| $65.3M | 0.01% |
661,127
+16,742
| +3% | +$1.54M |
|
|
HPP
1062
Hudson Pacific Properties
HPP
$747M
| $65.2M | 0.01% |
335,415
+11,075
| +3% | +$1.99M |
|
1063
Integra LifeSciences
IART
$1.29B
| $65.2M | 0.01% |
1,013,878
+7,431
| +0.7% | +$489K |
|
1064
Pembina Pipeline
PBA
$28.4B
| $65M | 0.01% |
1,719,968
+108,977
| +7% | +$3.68M |
|
1065
Sprout Social
SPT
$516M
| $65M | 0.01% |
810,671
+20,280
| +3% | +$1.39M |
|
1066
United Parks & Resorts
PRKS
$2.1B
| $64.6M | 0.01% |
867,262
-35,271
| -4% | -$2.31M |
|
1067
Essential Properties Realty Trust
EPRT
$6.77B
| $64.5M | 0.01% |
2,549,436
+74,882
| +3% | +$1.93M |
|
1068
Hexcel
HXL
$7.79B
| $64.5M | 0.01% |
1,083,972
+28,234
| +3% | +$1.56M |
|
1069
Ormat Technologies
ORA
$6B
| $64.4M | 0.01% |
787,053
+14,745
| +2% | +$1.08M |
|
1070
Spire
SR
$4.72B
| $64.4M | 0.01% |
897,152
+31,763
| +4% | +$2.11M |
|
1071
EPR Properties
EPR
$4.76B
| $64.2M | 0.01% |
1,173,039
+28,338
| +2% | +$1.37M |
|
|
UMPQ
1072
DELISTED
Umpqua Holdings Corp
UMPQ
| $64.1M | 0.01% |
3,398,378
+420,138
| +14% | +$8.61M |
|
1073
National Vision
EYE
$1.77B
| $64.1M | 0.01% |
1,470,242
+60,610
| +4% | +$2.46M |
|
|
SUM
1074
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $64.1M | 0.01% |
2,097,368
+71,006
| +4% | +$2.37M |
|
1075
Sonos
SONO
$1.73B
| $64M | 0.01% |
2,268,110
+149,807
| +7% | +$3.98M |
|
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.