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 | |
|---|---|---|---|---|---|---|
1376
Chesapeake Utilities
CPK
$3.19B
| $42M | 0.01% |
304,778
+6,256
| +2% | +$842K |
|
1377
Graham Holdings Company
GHC
$5.1B
| $42M | 0.01% |
68,625
+1,404
| +2% | +$842K |
|
1378
Kennametal
KMT
$2.59B
| $42M | 0.01% |
1,466,563
+18,197
| +1% | +$598K |
|
|
WIRE
1379
DELISTED
Encore Wire Corp
WIRE
| $41.9M | 0.01% |
367,491
+12,003
| +3% | +$1.44M |
|
1380
Ameresco
AMRC
$1.12B
| $41.9M | 0.01% |
527,180
+15,448
| +3% | +$974K |
|
|
MTOR
1381
DELISTED
MERITOR, Inc.
MTOR
| $41.9M | 0.01% |
1,177,738
+48,352
| +4% | +$1.43M |
|
1382
CRISPR Therapeutics
CRSP
$4.73B
| $41.6M | 0.01% |
663,089
+596,823
| +901% | +$37.5M |
|
1383
BOK Financial
BOKF
$8.58B
| $41.5M | 0.01% |
441,712
+7,792
| +2% | +$804K |
|
1384
Aaon
AAON
$7.3B
| $41.5M | 0.01% |
1,116,818
+30,942
| +3% | +$1.26M |
|
1385
Qiagen
QGEN
$8.54B
| $41.5M | 0.01% |
798,529
-14,624
| -2% | -$755K |
|
1386
ASML
ASML
$626B
| $41.4M | 0.01% |
62,053
-11,514
| -16% | -$7.71M |
|
1387
Yelp
YELP
$1.45B
| $41.3M | 0.01% |
1,211,494
-98,764
| -8% | -$3.39M |
|
1388
Plexus
PLXS
$6.72B
| $41.2M | 0.01% |
503,747
+4,159
| +0.8% | +$346K |
|
1389
United Natural Foods
UNFI
$3.08B
| $41.2M | 0.01% |
996,389
+55,784
| +6% | +$2.28M |
|
1390
AerCap
AER
$23.7B
| $41.2M | 0.01% |
823,831
+668,229
| +429% | +$40.1M |
|
1391
Verra Mobility
VRRM
$804M
| $40.9M | 0.01% |
2,513,982
+122,779
| +5% | +$1.98M |
|
1392
Open Text
OTEX
$6.15B
| $40.9M | 0.01% |
965,843
-30,846
| -3% | -$1.37M |
|
1393
Calix
CALX
$2.26B
| $40.9M | 0.01% |
952,907
+7,401
| +0.8% | +$375K |
|
1394
Innospec
IOSP
$2.12B
| $40.9M | 0.01% |
441,673
+16,246
| +4% | +$1.54M |
|
1395
John Wiley & Sons Class A
WLY
$2.65B
| $40.8M | 0.01% |
770,032
+12,326
| +2% | +$647K |
|
1396
CareTrust REIT
CTRE
$9.91B
| $40.6M | 0.01% |
2,104,401
+76,812
| +4% | +$1.51M |
|
|
BBBY
1397
DELISTED
Bed Bath & Beyond Inc
BBBY
| $40.6M | 0.01% |
1,801,794
+22,182
| +1% | +$386K |
|
1398
Grocery Outlet
GO
$909M
| $40.6M | 0.01% |
1,237,519
+57,355
| +5% | +$1.6M |
|
1399
Relay Therapeutics
RLAY
$4.1B
| $40.5M | 0.01% |
1,352,477
+47,461
| +4% | +$1.15M |
|
1400
PBF Energy
PBF
$8.57B
| $40.4M | 0.01% |
1,658,984
-299,024
| -15% | -$5.65M |
|
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.