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 | |
|---|---|---|---|---|---|---|
1101
Hawaiian Electric Industries
HE
$2.23B
| $61.8M | 0.01% |
1,460,586
-365,010
| -20% | -$15.2M |
|
1102
Hyatt Hotels
H
$16.4B
| $61.8M | 0.01% |
647,003
+27,409
| +4% | +$2.57M |
|
1103
Autoliv
ALV
$9.02B
| $61.8M | 0.01% |
807,898
+106,989
| +15% | +$9.85M |
|
1104
Cathay General Bancorp
CATY
$4.22B
| $61.7M | 0.01% |
1,377,943
-10,684
| -0.8% | -$492K |
|
1105
Under Armour Class C
UA
$2.77B
| $61.6M | 0.01% |
3,963,045
+192,288
| +5% | +$3.01M |
|
1106
Neogen
NEOG
$2.63B
| $61.5M | 0.01% |
1,995,280
-17,855
| -0.9% | -$642K |
|
1107
ICU Medical
ICUI
$4.21B
| $61.3M | 0.01% |
275,325
+6,660
| +2% | +$1.49M |
|
1108
Bloom Energy
BE
$60.6B
| $61.3M | 0.01% |
2,537,970
+111,814
| +5% | +$2.18M |
|
1109
Korn Ferry
KFY
$4.18B
| $61.2M | 0.01% |
941,786
-78,655
| -8% | -$5.29M |
|
|
ISBC
1110
DELISTED
Investors Bancorp, Inc.
ISBC
| $61.1M | 0.01% |
4,094,477
+137,105
| +3% | +$2.24M |
|
|
PPBI
1111
DELISTED
Pacific Premier Bancorp
PPBI
| $61M | 0.01% |
1,726,790
+45,815
| +3% | +$1.78M |
|
|
ETRN
1112
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $61M | 0.01% |
7,227,414
+216,925
| +3% | +$1.79M |
|
|
AL
1113
DELISTED
Air Lease Corp
AL
| $60.8M | 0.01% |
1,362,737
+37,209
| +3% | +$1.56M |
|
1114
Leggett & Platt
LEG
$1.34B
| $60.7M | 0.01% |
1,740,201
-181,229
| -9% | -$6.95M |
|
1115
Hecla Mining
HL
$9.47B
| $60.7M | 0.01% |
9,238,722
+289,304
| +3% | +$1.67M |
|
1116
Merit Medical Systems
MMSI
$5.08B
| $60.7M | 0.01% |
911,959
-13,351
| -1% | -$803K |
|
1117
California Resources
CRC
$4.67B
| $60.6M | 0.01% |
1,355,752
+35,022
| +3% | +$1.51M |
|
|
VRNT
1118
DELISTED
Verint Systems
VRNT
| $60.5M | 0.01% |
1,170,134
+29,635
| +3% | +$1.52M |
|
1119
Pacira BioSciences
PCRX
$1.04B
| $60.4M | 0.01% |
790,812
-46,321
| -6% | -$3.09M |
|
1120
Flowserve
FLS
$9.71B
| $60.3M | 0.01% |
1,680,827
-51,367
| -3% | -$1.68M |
|
1121
Home BancShares
HOMB
$6.23B
| $60.2M | 0.01% |
2,662,227
+82,716
| +3% | +$1.96M |
|
1122
H.B. Fuller
FUL
$2.97B
| $60.1M | 0.01% |
910,107
+37,855
| +4% | +$2.67M |
|
1123
QuantumScape Corp
QS
$3.21B
| $60.1M | 0.01% |
3,007,633
+149,263
| +5% | +$2.56M |
|
|
CIVI
1124
DELISTED
Civitas Resources
CIVI
| $60M | 0.01% |
1,005,257
+107,870
| +12% | +$5.87M |
|
1125
AXIS Capital
AXS
$7.68B
| $60M | 0.01% |
991,889
-22,334
| -2% | -$1.24M |
|
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.