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 | |
|---|---|---|---|---|---|---|
1201
Comfort Systems
FIX
$60.9B
| $54M | 0.01% |
607,015
+2,221
| +0.4% | +$199K |
|
1202
Armstrong World Industries
AWI
$7.38B
| $54M | 0.01% |
599,976
+23,663
| +4% | +$2.29M |
|
1203
Teck Resources
TECK
$29.6B
| $53.9M | 0.01% |
1,332,570
+103,979
| +8% | +$3.72M |
|
1204
Silgan Holdings
SLGN
$4.23B
| $53.9M | 0.01% |
1,165,497
+34,204
| +3% | +$1.48M |
|
1205
ABM Industries
ABM
$2.81B
| $53.8M | 0.01% |
1,168,556
-116,157
| -9% | -$5.05M |
|
|
AYX
1206
DELISTED
Alteryx Inc
AYX
| $53.7M | 0.01% |
750,396
+31,039
| +4% | +$1.83M |
|
|
FYBR
1207
DELISTED
Frontier Communications
FYBR
| $53.6M | 0.01% |
1,938,699
+31,669
| +2% | +$872K |
|
1208
CNO Financial Group
CNO
$5.14B
| $53.6M | 0.01% |
2,136,091
+63,725
| +3% | +$1.58M |
|
1209
Simmons First National
SFNC
$3.41B
| $53.6M | 0.01% |
2,043,741
+61,022
| +3% | +$1.76M |
|
|
WLL
1210
DELISTED
Whiting Petroleum Corporation
WLL
| $53.4M | 0.01% |
654,986
+12,707
| +2% | +$960K |
|
1211
BioCryst Pharmaceuticals
BCRX
$2.28B
| $53.4M | 0.01% |
3,281,978
+63,502
| +2% | +$1.02M |
|
1212
Ameris Bancorp
ABCB
$5.85B
| $53.4M | 0.01% |
1,215,872
+30,693
| +3% | +$1.51M |
|
1213
Acadia Pharmaceuticals
ACAD
$4.43B
| $53.3M | 0.01% |
2,202,425
+38,273
| +2% | +$926K |
|
1214
AtriCure
ATRC
$1.92B
| $53.3M | 0.01% |
812,179
+131
| +0% | +$8.49K |
|
1215
Steven Madden
SHOO
$3.37B
| $53.3M | 0.01% |
1,380,307
+33,389
| +2% | +$1.38M |
|
1216
Texas Capital Bancshares
TCBI
$4.3B
| $53.2M | 0.01% |
929,066
-26,850
| -3% | -$1.72M |
|
1217
MGE Energy Inc
MGEE
$3B
| $53.1M | 0.01% |
665,253
+22,882
| +4% | +$1.74M |
|
1218
Wendy's
WEN
$1.4B
| $52.9M | 0.01% |
2,406,628
-1,105,240
| -31% | -$24.9M |
|
1219
Thomson Reuters
TRI
$42.8B
| $52.9M | 0.01% |
462,555
-13,969
| -3% | -$1.56M |
|
1220
Sunstone Hotel Investors
SHO
$2.19B
| $52.8M | 0.01% |
4,486,158
+202,699
| +5% | +$2.3M |
|
1221
MACOM Technology Solutions
MTSI
$19.2B
| $52.8M | 0.01% |
881,632
+15,667
| +2% | +$979K |
|
|
MRTX
1222
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $52.5M | 0.01% |
638,329
+22,376
| +4% | +$2.29M |
|
1223
Denali Therapeutics
DNLI
$3.65B
| $52.5M | 0.01% |
1,630,947
+2,080
| +0.1% | +$71.6K |
|
1224
Westlake Corp
WLK
$9.03B
| $52.3M | 0.01% |
423,921
+12,369
| +3% | +$1.35M |
|
|
AXNX
1225
DELISTED
Axonics, Inc. Common Stock
AXNX
| $52.3M | 0.01% |
834,994
+29,682
| +4% | +$1.6M |
|
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.