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 | |
|---|---|---|---|---|---|---|
|
RCM
1076
DELISTED
R1 RCM Inc. Common Stock
RCM
| $63.9M | 0.01% |
2,388,271
+73,043
| +3% | +$1.79M |
|
1077
Insperity
NSP
$1.93B
| $63.8M | 0.01% |
635,635
+36,226
| +6% | +$3.61M |
|
1078
MGIC Investment
MTG
$6.16B
| $63.7M | 0.01% |
4,682,226
+362,400
| +8% | +$5.43M |
|
1079
Kulicke & Soffa
KLIC
$4.67B
| $63.7M | 0.01% |
1,136,232
-153,025
| -12% | -$8.45M |
|
1080
ScottsMiracle-Gro
SMG
$3.82B
| $63.4M | 0.01% |
515,544
+16,109
| +3% | +$2.25M |
|
1081
Travel + Leisure Co
TNL
$4.66B
| $63.4M | 0.01% |
1,093,820
-102,778
| -9% | -$5.79M |
|
1082
Atlassian
TEAM
$25.6B
| $63.4M | 0.01% |
215,610
-11,506
| -5% | -$3.44M |
|
1083
Sensient Technologies
SXT
$5.26B
| $63.3M | 0.01% |
754,323
+5,054
| +0.7% | +$426K |
|
|
JBTM
1084
JBT Marel
JBTM
$7.21B
| $63.2M | 0.01% |
533,403
+14,677
| +3% | +$1.88M |
|
1085
Progyny
PGNY
$2.44B
| $63.2M | 0.01% |
1,228,903
+39,088
| +3% | +$1.67M |
|
1086
Rambus
RMBS
$9.87B
| $63M | 0.01% |
1,976,130
+60,311
| +3% | +$1.67M |
|
1087
Franklin Electric
FELE
$4.63B
| $62.9M | 0.01% |
757,259
+12,258
| +2% | +$1.05M |
|
|
UNIT
1088
Uniti Group
UNIT
$2.36B
| $62.8M | 0.01% |
4,566,169
+128,544
| +3% | +$1.63M |
|
1089
Mine Safety
MSA
$7.35B
| $62.8M | 0.01% |
472,958
+18,484
| +4% | +$2.55M |
|
1090
BWX Technologies
BWXT
$15.5B
| $62.6M | 0.01% |
1,163,115
+42,326
| +4% | +$2.08M |
|
1091
Under Armour
UAA
$2.84B
| $62.6M | 0.01% |
3,682,656
+158,591
| +5% | +$2.84M |
|
|
EQC
1092
DELISTED
Equity Commonwealth
EQC
| $62.6M | 0.01% |
2,218,554
-48,286
| -2% | -$1.29M |
|
1093
Papa John's
PZZA
$984M
| $62.5M | 0.01% |
593,620
-7,314
| -1% | -$819K |
|
1094
Chegg
CHGG
$110M
| $62.4M | 0.01% |
1,719,271
-19,520
| -1% | -$587K |
|
1095
Element Solutions
ESI
$8.95B
| $62.3M | 0.01% |
2,845,799
+109,834
| +4% | +$2.53M |
|
|
FLOW
1096
DELISTED
SPX FLOW, Inc.
FLOW
| $62.2M | 0.01% |
720,837
+19,799
| +3% | +$1.7M |
|
1097
Cenovus Energy
CVE
$55.7B
| $62.1M | 0.01% |
3,723,333
+158,306
| +4% | +$2.4M |
|
1098
Wheaton Precious Metals
WPM
$49.5B
| $62M | 0.01% |
1,302,266
+38,540
| +3% | +$1.68M |
|
1099
Academy Sports + Outdoors
ASO
$2.94B
| $61.9M | 0.01% |
1,571,738
+1,655
| +0.1% | +$60.7K |
|
|
ALE
1100
DELISTED
Allete
ALE
| $61.8M | 0.01% |
923,227
+33,990
| +4% | +$2.19M |
|
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.