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 | |
|---|---|---|---|---|---|---|
1326
BellRing Brands
BRBR
$1.44B
| $44.8M | 0.01% |
1,941,488
+1,300,711
| +203% | +$32.6M |
|
1327
Dana Inc
DAN
$2.9B
| $44.8M | 0.01% |
2,547,248
+113,710
| +5% | +$2.33M |
|
1328
Gentherm
THRM
$1.25B
| $44.7M | 0.01% |
612,619
+34,388
| +6% | +$2.86M |
|
|
NKLA
1329
DELISTED
Nikola Corporation Common Stock
NKLA
| $44.7M | 0.01% |
139,215
+4,742
| +4% | +$1.21M |
|
1330
Rush Enterprises Class A
RUSHA
$6.2B
| $44.7M | 0.01% |
1,316,016
-69,012
| -5% | -$2.42M |
|
1331
Axos Financial
AX
$5.77B
| $44.5M | 0.01% |
959,873
+20,218
| +2% | +$1.07M |
|
1332
Allegiant Air
ALGT
$2.64B
| $44.5M | 0.01% |
274,036
+11,014
| +4% | +$1.86M |
|
1333
Moog Inc Class A
MOG.A
$12.4B
| $44.5M | 0.01% |
506,508
-205,869
| -29% | -$16.7M |
|
1334
Antero Midstream
AM
$10.4B
| $44.5M | 0.01% |
4,089,498
+131,760
| +3% | +$1.34M |
|
1335
Helios Technologies
HLIO
$2.57B
| $44.3M | 0.01% |
552,051
+20,372
| +4% | +$1.62M |
|
1336
LiveRamp
RAMP
$2.3B
| $44.1M | 0.01% |
1,180,330
+35,238
| +3% | +$1.47M |
|
1337
LCI Industries
LCII
$2.49B
| $44M | 0.01% |
424,322
+12,301
| +3% | +$1.54M |
|
1338
Urban Edge Properties
UE
$2.86B
| $44M | 0.01% |
2,304,251
+23,654
| +1% | +$438K |
|
1339
Kemper
KMPR
$1.67B
| $44M | 0.01% |
778,325
+30,553
| +4% | +$1.7M |
|
1340
Shake Shack
SHAK
$2.53B
| $44M | 0.01% |
648,087
+16,539
| +3% | +$1.14M |
|
1341
Diamondrock Hospitality Co
DRH
$2.71B
| $44M | 0.01% |
4,351,910
+207,148
| +5% | +$2M |
|
1342
Amkor Technology
AMKR
$12.4B
| $43.9M | 0.01% |
2,022,029
+59,634
| +3% | +$1.35M |
|
|
SEM
1343
DELISTED
Select Medical
SEM
| $43.8M | 0.01% |
3,390,164
-797,607
| -19% | -$10.5M |
|
1344
NETSCOUT
NTCT
$2.96B
| $43.8M | 0.01% |
1,364,904
+44,120
| +3% | +$1.39M |
|
|
ONC
1345
BeOne Medicines Ltd
ONC
$32.8B
| $43.7M | 0.01% |
233,275
+8,252
| +4% | +$1.75M |
|
1346
Virtu Financial
VIRT
$5.11B
| $43.7M | 0.01% |
1,174,426
+24,501
| +2% | +$810K |
|
|
PDM
1347
Piedmont Realty Trust
PDM
$1.21B
| $43.7M | 0.01% |
2,537,827
-37,403
| -1% | -$657K |
|
1348
American Eagle Outfitters
AEO
$2.88B
| $43.6M | 0.01% |
2,596,907
+63,461
| +3% | +$1.34M |
|
1349
White Mountains Insurance
WTM
$5.2B
| $43.6M | 0.01% |
38,365
+1,512
| +4% | +$1.58M |
|
|
AAWW
1350
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $43.5M | 0.01% |
503,971
+5,417
| +1% | +$445K |
|
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.